Masters Degree Programme in Supply Management MSM 2015

Master’s Degree Programme in Supply Management (MSM) 2015 -2016 LUT School of Business Hankintojen johtamisen maisteriohjelma 2. 9. 2015 Associate Professor, Katrina Lintukangas

Statistics from application process − − 178 eligible applicants 42 interviews 31 selected (31/178 = 17. 4 %) 26 accepted the study right in LUT MSM programme Country of origin 3 2 1 17 Russia Germany 2 Turkey U. K Vietnam 1 Finland

Master of Supply Management (MSM) The tasks of supply management professionals are to: − − Design Manage Execute Control activities related to incoming materials, products and services of a company. For example: − supply market research, supplier selection and assessment, strategy formulation, business negotiations, relationship management, analyses of risks and costs etc. Supply management is dealing with people. Welcome to study and become an expert in strategic supply management!

Your future position? Sourcing Analyst, Neste Oil Supply Chain Management Analyst, Accenture Development Manager, Skanska Sourcing manager, Scandic Hotels Procurement and logistics officer, Pelastusopisto Specialist, Procurement, VTT Category manager, Lemminkäinen Researcher, Lappeenranta University of Technology Project controller, Liikennevirasto Procurement Manager, Chromaflo Technologies Purchasing manager, Terveystalo Country procurement manager, Scandic Hotels Consultant of bidding, Hansel Sourcing Manager, Digita Oy …

Learning outcomes Designed for future specialists and managers of supplier relationships, networks and strategic buying Three focus areas: 1) supply strategy, 2) relationship management in supply networks and 3) supply chain management. After completing the program students are able to: − − − − understand the strategic role of supply management and purchasing in global business and value creation create ability to develop and evaluate supply management strategies in global context create ability to develop and analyze purchasing and supply management processes as a part of business strategy know the main theories of managing supply, suppliers and value networks recognize the global supply network risks and challenges apply relevant methods and skills to manage supply chains and supplier relationships utilize strong analytical skills and apply tools required for professional practices

Supply Management MSM / 120 ECTS YEAR 2 SPECIALISATION STUDIES SUPPLY STRATEGY Strategic supply management Major electives Project on strategy and business models SUPPLIER RELATIONSHIPS & NETWORKS Global sourcing and subcontracting Major electives External resource management SUPPLY CHAIN MANAGEMENT Cost management and risk assessment Supply chain improvement and analysis methods Major electives Languages 6 ECTS / Minor Subject 24 -25 ECTS / International exchange MASTER’S THESIS YEAR 1 CORE STUDIES

Elements of MSM 1/3 Supply strategy Content: − Role of strategic supply management in global business − Organizational theories and sources of competitiveness of a firm − Long-term planning, supply strategy formation and strategy elements − Organizational alignment of supply management − Supply management’s impact on firm’s competitiveness Objectives − Increase understanding the strategic role of supply management and purchasing in global business and value creation − Create ability to develop and evaluate supply management strategies in global context − Create ability to develop and analyze purchasing and supply management processes as a part of business strategy

Elements of MSM 2/3 Supplier relationships and networks Content − Supplier management & relationship management − Value creation through collaboration, motives and risk − Network strategies and positioning (power) − Relational capabilities. Objectives − Know the main theories of managing supply, suppliers and value networks − Recognize the global supply network risks and challenges − Follow the principles of responsible business and maintain high business ethics and moral in work.

Elements of MSM 3/3 Supply chain management Content − Cost management and decision making process − Risk management in supply chains − Supply chain integration − Analysis of performance, tools and methods of supply chain development (lean principles, six sigma etc. ). Objectives − Apply relevant methods and skills to manage risks and improve performance in supply chains and supplier relationships − Utilize strong analytical skills and apply tools required for professional practices

MSM Degree structure Core Studies Specialization studies Minor studies Language studies (not English) Credits 48 42 24 6 120 (min. )

CORE STUDIES 48 ECTS cr Supply Strategy 12 ECTS cr Obligatory year A 310 A 0101 Strategic supply management M. Sc. (Econ. & Bus. Adm. ) 1 And at least 6 ECTS cr of the following courses: year A 210 A 0200 Empirical strategy research M. Sc. (Econ. & Bus. Adm. ) 1 -2 A 365 A 0100 Organization theory M. Sc. (Econ. & Bus. Adm. ) 1 A 350 A 0601 Contemporary issues in strategic management and innovation M. Sc. (Econ. & Bus. Adm. ) 1 Supplier Relationships & Networks 12 ECTS cr Obligatory year A 310 A 0500 Global sourcing and sub-contracting M. Sc. (Econ. & Bus. Adm. ) 1 And at least 6 ECTS cr of the following courses: year A 310 A 0601 Reading course of supplier relationship management M. Sc. (Econ. & Bus. Adm. ) 1 -2 A 310 A 0750 Logistics outsourcing and innovation M. Sc. (Econ & Bus. Adm. ) 1 A 330 A 0050 Customer relationship management M. Sc. (Econ & Bus. Adm. ) 1 -2 CS 10 A 0151 Business relationships and networks M. Sc. (Econ. & Bus. Adm. ) 1 -2 Supply Chain Management 18 ECTS cr Obligatory year A 310 A 0301 Supply chain improvement M. Sc. (Econ. & bus. Adm. ) 1 A 310 A 0650 Cost and risk management in supply chain M. Sc. (Econ. & bus. Adm. ) 1 And at least 6 ECTS cr of the following courses: year A 210 A 0350 Real options and managerial decision making M. Sc. (Econ. & Bus. Adm. ) 2 A 210 A 0601 Information systems in corporate management and decision. M. Sc. (Econ. & Bus. Adm. ) 1 making A 310 A 0401 Public procurement M. Sc. (Econ. & Bus. Adm. ) 1 per. ECTS cr 1 6 per. ECTS cr 3 -INT 17 6 1 6 3 6 per. ECTS cr 4 3 1 -INT 43 3 4 6 3 -4 5 per. 3 -4 4 per. 3 ECTS cr 6 6 ECTS cr 6 2 6 3 -INT 9 6

Academic skills and specialisation studies ACADEMIC SKILLS 6 ECTS CR Obligatory (6 ECTS cr) year per. ECTS cr A 365 A 0551 Master’s transferable skills M. Sc. (Econ. & Bus. Adm. ) 1 42036 3 A 310 A 8500 Master’s Thesis, seminar M. Sc. (Econ. & Bus. Adm. ) 2 1 -2/3 -4 3 SPECIALISATION STUDIES 42 ECTS CR Obligatory (42 ECTS cr) year per. ECTS cr A 310 A 0201 External resource management M. Sc. (Econ. & Bus. Adm. ) 2 2 6 A 350 A 0110 Project Course on Strategy and Business Models M. Sc. (Econ. & Bus. Adm. )1 -2 1 -2/3 -4 6 A 310 A 9000 Master’s Thesis, Supply management M. Sc. (Econ. & Bus. Adm. ) 2 1 -2/3 -4 30

In addition: MOOC (Massive open online courses) − Send informal application to katrina. lintukangas@lut. fi incl. course details, amount of credits and justification of suitability before starting the course. − Only elective courses can be replaced − Max 12 ECTS of MOOCs can be included to MSM degree − For example: https: //www. coursera. org/ HARE Internship for MSM programme − You can benefit your work experience during your studies. − Discuss beforehand with Katrina about the suitability of the work experience and how it support your studies in MSM − Two weeks = 1 ECTS, max 6 ECTS can be included as internship to MSM degree − Only elective courses can be replaced

Minor studies, 24 ECTS − − − Knowledge and innovation management Sustainability International Marketing Business Analytics Entrepreneurship Business and technology in Russia Suomenkieliset opiskelijat voivat suorittaa myös suomenkielisiä sivuopintokokonaisuuksia • Laskentatoimi • Kansantaloustiede ja rahoitus • Yritysjuridiikka • Johtaminen • Yrittäjyys • Energiatalous • Tuotantotalous

Studies • • Case-assignments Teamwork Individual assignments Simulations Literature reviews Term papers / essays Lectures • Guests from companies • Professors from other universities • Consultants Close co-operation with the companies – e. g. Most of the Master’s thesis are made on assignment of companies

MSM Double Degree with University of Twente (UT), Netherlands − Get a dual qualification – a Master degree from both Lappeenranta and Twente! http: //www. utwente. nl/en/education/master/programmes/businessadministration/profiles/purchasing-supply-management/ − Timing: − 2 nd year autumn semester − Course examples: − Purchasing Strategy & Systems − Global Sourcing & Organisation − Supply Chain Management and Innovation − Public Procurement and Contracting − Industrial Marketing − Joined Master’s thesis (LUT & UT) − More information about the application process and time will be informed later.

Faculty Core Faculty − Hallikas Jukka, Professor, D. Sc. (Tech. ) − Lintukangas Katrina, Associate Professor, D. Sc. (Econ. & Bus. Adm. ) − Virolainen Veli Matti, Professor, D. Sc. (Tech. ) − Henna Järvi, Doctoral Student, M. Sc. (Tech. ) − Kähkönen Anni-Kaisa, Post-Doctoral Researcher, D. Sc. (Econ. & Bus. Adm. ) (on maturnity leave until 31. 12. 2015) Visiting Faculty − Kivistö Timo, Director, Kivistö Consulting Oy (Public procurement) − Evangelista Pietro, Senior Lecturer, Ph. D. IRAT-CNR and Department of Industrial Engineering, University of Naples, Docent (Logistics outsourcing and innovation) − Michael Henke, Professor, Fraunhofer, Docent (Cost and risk management in supply chain) − Guest lecturers from companies

Support for MSM studies − Kaija Huotari – study counselor, room 2324, tel. 050 322 6436 • study and personal study plan (PSP) guidance • study guidance for outgoing exchange students • applications for extended right to study − Merilin Juronen – student adviser, room 2313, tel. 040 138 0363 • general study counselling for degree students • personal study plan (PSP) guidance • practical matters involving studies (e. g. questions related to timetables, course registrations and examinations) • student events and orientation at the beginning of studies − Mervi Lensu – study secretary, room 2324, tel. 050 3226464 • Graduation • • Application for Approval of Master's Thesis Topic (1 A) Application for Assessment of Master's Thesis (1 B) Application for Master's Degree Certificate (1 C) Degree Certificates

Create your own network, make friends with your fellow students! MSM Get Together Party For all MSM students 29 th of September 15. 00 – 17. 00 o’clock Skinnarilan Hovi http: //www. lut. fi/documents/10633/29855/lut-ajoohje. pdf/e 56785 b 7 -3993 -4021 -b 422 -fef 73 e 7 f 8338