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Overview The profession of Purchasing and Supply Management has undergone a significant transformation over the last five decades. The 1990s, particularly, was a decade of great change and also a period during which the importance of Purchasing and Supply Management got the special attention of managers in major corporations worldwide. The accelerated rate of change in the world economy is driven by an empowered consumer; a shift in economic power toward the end of the supply chain; deregulation of key industries; globalization; and rapid change of technology make Purchasing and Supply Management a strategic function in various organizations. Such scope paradigm shift from routine operational activities in 1960s into more strategic approach for the management of the Supply Chain Management as integrated whole in 1990s forced the higher institutions to rethink the curriculum revision. Thus, the Department of Procurement and Supply Management (PSM) conducted a need assessment countrywide. The target groups of the need assessment were active students of the Department of our college, former graduates, experts in the discipline and employers to whom graduates will offer their knowledge and skills. The findings of the need assessment indicated the existing curriculum limit graduates of the department to be engaged only in traditional and routine buying activities. The syllabus fails to expose students to the strategic dimensions of transport, inventory, warehousing, managing the transformation process, industrial packaging, materials handling, and distribution in particular and the logistics and supply chain functions as an integrated whole. |
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