BSPM3205 Global Sourcing

International Procurement creates relations and thus helps in promoting an understanding and friendliness in different countries of the world. A reciprocal friendship is developed between countries through import and export business.

Course Objectives  
This course is designed to

• Help students appreciate the need for international procurement
• Help students outline the challenges in international procurement
• Enable students know the different documentations used in international procurement

Learning Outcomes  
By the end of this course, the learner should be able to

• Appreciate the motives and benefits of overseas buying
• Describe the terminology of international and global sourcing
• Describe the international procurement environment
• Describe the international procurement process
• Acquire knowledge about the different methods of payment in international purchasing