IND420 Contract Management in Industrial Value Chains

The course is connected to the following study programs

• Master's Programme in Industrial Economics and Technology Management
• Master's Programme in Industrial Economics and Technology Management (5 years)

Teaching language

English.

Recommended prerequisites

IND418 Continous Improvement and Lean, IND416 Project management and -planning, or equivalent.

Course contents

The course focuses on the company's external networks and value chains, where the purpose is to give the student a competence-base to understand, develop, and implement methods for managing procurement processes and choosing models for supplier collaboration.

• Design and management of industrial value chains

• Procurement processes and decision-making structures for the selection of collaboration partners

• Theories on contract models, risk distribution, and business concepts for supplier collaboration

• Incentives and instruments for control and trust

• Development of procurement strategies and portfolio management

• Innovation and co-creation with suppliers

• Modularization, digitization, and integration in industrial value chains

• Social responsibility and sustainability in industrial procurement

Learning outcomes

After completing the course, the student should be able to:

• Analyze and prepare the basis for improvements related to companies' management of value chains.

• Describe and analyze processes and decision structures for industrial procurement.

• Convey knowledge of key theories within contract management, risk distribution, and tools in supplier collaboration.

• Describe how companies can facilitate innovation and co-creation with suppliers.

• Develop strategies for portfolio management of products and suppliers.

• Describe characteristics of modularization, digitization, and integration of value chains

• Analyze and reflect on ethical conditions and sustainability related to industrial procurement.

Examination requirements

Approved compulsory assignments in groups.

Teaching methods

Lectures, group exercises, guest lectures, and work with a project assignment. The workload for this subject is estimated at around 200 hours.

Evaluation

The person responsible for the course, in consultation with the student representative, decides the method of evaluation and whether the courses will have a midterm- or end of term evaluation, see also the Quality System, section 4.1. Information about evaluation method for the course will be posted on Canvas.

Assessment methods and criteria

Group-based project assignments count for 40% of the total grade, and individual school exams count for 60% of the total grade. Graded grade.