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Sep 08, 2024
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HADM 4350 - Selection, Procurement, and Supply Chain Management Fall. 3 credits. Letter grades only (no audit).
Forbidden Overlap: due to an overlap in content, students will receive credit for only one course if the following group: HADM 4350, HADM 4385 , HADM 6385 . Prerequisite: HADM 3010 . Enrollment limited to: SHA juniors, seniors or permission of instructor. Satisifes HADM or free electives for SHA students. Co-meets with HADM 6350 . Graduate students should enroll in HADM 6350 .
C. Gaulke.
This course deals with contemporary management issues related to procurement activities within the hospitality industry. Focus is on both the food distribution industry and the hospitality industry so that students understand the role the distributor plays in the movement of food and supplies from the producer to the hospitality operator and how the creation of distribution partnerships serves to improve efficiency and reduce costs. Topics include distribution channels and intermediaries in the supply chain, food distributor financial statement analysis, evaluation and selection of suppliers, development of buying strategies, influence of economic and environmental factors on supply, purchase timing and inventory management, the emerging role of the Internet, and e-procurement service providers.
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