This course helps students understand the importance, goals, scope of procurement and supply, and the development trend of the strategic-oriented purchasing function, thereby applying knowledge of management into the strategic management of a specific business function, procurement and supply management, at various levels and industries. Students will hone and update the knowledge of purchasing and sourcing, procurement, and supply strategies locally and globally. The course content focuses on the role of procurement and supply management in the entire supply chain, supply strategy, quality and cost management, building strategic partnerships and relationships with suppliers, implementing corporate social responsibility, applying technology in procurement and supply contract management, and finally applying procurement and supply management in different areas in practice.