Search 
MyUMUC 
WebTycho Graduate School of Management and Technology
Course Descriptions - PCMS (Procurement and Contracts)
PCMS 626 Purchasing and Materials Management (3)
(Formerly ADMN 626.) An overview of the procurement and contracting cycle, along with other organizational functions. Discussion covers methods of purchasing and source selection, with a focus on receipt, inspection and quality assurance. Documentation and reporting specifics are examined, as are surplus, salvage and disposal issues. Inventory, physical distribution and logistics are considered.
PCMS 627 Legal Aspects of Contracting (3)
(Formerly ADMN 627 or PMAN 636.) A study of the law of commercial purchasing, including the law of agency, contracts, sales, torts and antitrust. The Federal Acquisition Regulation and American Bar Association model procurement codes for state and local governments are examined. Topics include purchasing authority, unauthorized purchases, rights and duties of sellers and buyers under a contract, buyer rights upon receipt of nonconforming goods, ability to terminate a sales contract, formation of government contracts and formal dispute resolution.
PCMS 628 Contract Pricing and Negotiations (3)
(Formerly ADMN 628.) A study of techniques for planning, conducting and managing negotiated procurement. Focus is on analytical techniques for conducting price and cost analysis in preparation for negotiations. Techniques for critically examining all categories of costs, including profit, are examined. The theory and practice of negotiations are studied, and opportunities to practice negotiation techniques to achieve a fair and reasonable contract price are given. Emphasis is on practice in preparing negotiation positions through analysis of cases containing detailed cost and pricing data. Ethical decision making throughout these processes is addressed.
PCMS 629 Strategic Purchasing and Logistics (3)
(Formerly ADMN 629.) An investigation of issues and methodologies related to strategic purchasing and logistics. Topics include the ethics, social responsibility and accountability considerations in procurement, logistics and contract management. Discussion also covers the professional development of staff, just-in-time management, electronic data interchange, vendor assessment and development, pricing and negotiation, and international procurement issues.
PCMS 630 Commercial Transactions in a Technological Environment: Law, Management and Technology (3)
(Formerly ADMN 660.) A presentation of the legal issues and management methodologies related to commercial transactions in a technological environment. Topics include the law, ethics, accountability and contract management considerations in the procurement of technology products and services. Discussion also covers commercial sales transactions, government commercial item acquisition, private and government contracts for services, assignment and protection of proprietary rights in technology products, technology transfers and international contractual issues in the procurement of products and services.
PCMS 631 Integrative Supply Chain Management (3)
(Formerly ADMN 622.) A study of supply chain issues, techniques, methodologies and strategies designed to enhance organizational procurement efficiency. Integrated supply chain management is explored as a core competitive strategy that affects the organization’s bottom line. Topics include the integration of information, supplies and materials flows across multiple supply chain channels and how these flows can be streamlined and optimized for more efficient procurement. Discussion also covers the role of information systems and technology in supply chain management, e-commerce strategies, managing the flow of materials across the supply chain, developing and maintaining supply chain partnerships and other relationships, and future challenges in integrative supply chain management.
PCMS 632 Contemporary Logistics (3)
(Formerly ADMN 623.) A study of logistical issues, techniques, methodologies and strategies designed to enhance organizational efficiency. Topics include the total cost approach to logistics; logistical planning and implementation; logistical concepts; systems relationships and integration; demand forecasting; interplant movement; inventory management and control; order management and processing; packaging; plant and warehouse selection; production scheduling; traffic and transportation management; warehouse and distribution management; recycling; and other logistical strategies, techniques and methodologies.
PCMS 650 Legal Aspects of Contracting and Commercial Transactions (6)
A study of the law relevant to commercial, governmental and international purchasing, contracting and other legal transactions. Focus is on agency law, contracts, sales, torts, antitrust, ethics and accountability. Topics include commercial sales transactions, government commercial item acquisition, private and government contracts for services, assigning and protecting proprietary rights in technology products, technology transfers and international contractual issues in the procurement of products and services. The Federal Acquisition Regulation (FAR) and American Bar Association Model Procurement Code for state and local government are investigated. Purchasing authority, unauthorized purchases, rights and duties of sellers and buyers under a contract, buyer rights upon receipt on nonconforming goods, ability to terminate a sales contract, formation of government contracts and formal dispute resolution are also addressed. Students who receive credit for PCSM 650 cannot receive credit for PCMS 627 or PCMS 630.