Master’s Degree Programme in Supply Management (MSM) 2015-2016LUT 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

3 2

1

1

217

Country of origin

Russia Germany TurkeyU.K Vietnam 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 1 CORE STUDIES

YEAR 2 SPECIALISATION STUDIES

MASTER’S TH

ESIS

SUPPLYSTRATEGY

SUPPLIER RELATIONSHIPS & NETWORKS

SUPPLY CHAINMANAGEMENT

Strategic supply managementProject on strategy and business modelsMajor electives

Global sourcing and sub-contracting Major electives

Cost management and risk assessment

Supply chain improvement and analysis methods

Languages 6 ECTS / Minor Subject 24-25 ECTS / International exchange

External resource management

Major electives

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 1/3

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 48Specialization studies 42Minor studies 24Language studies (not English) 6Credits 120 (min.)

CORE STUDIES 48 ECTS cr      Supply Strategy 12 ECTS crObligatory year per. ECTS crA310A0101 Strategic supply management M.Sc.(Econ. & Bus. Adm.) 1 1 6       And at least 6 ECTS cr of the following courses: year per. ECTS crA210A0200 Empirical strategy research M.Sc.(Econ. & Bus. Adm.) 1-2 3-INT 17 6A365A0100 Organization theory M.Sc.(Econ. & Bus. Adm.) 1 1 6A350A0601 Contemporary issues in strategic management and innovation

M.Sc.(Econ. & Bus.Adm.) 1 3 6

Supplier Relationships & Networks 12 ECTS crObligatory year per. ECTS crA310A0500 Global sourcing and sub-contracting M.Sc.(Econ. & Bus. Adm.) 1 4 6       And at least 6 ECTS cr of the following courses: year per. ECTS crA310A0601 Reading course of supplier relationship management M.Sc.(Econ. & Bus. Adm.) 1-2 4 3A310A0750 Logistics outsourcing and innovation M.Sc. (Econ & Bus. Adm.) 1 1-INT 43 3A330A0050 Customer relationship management M.Sc. (Econ & Bus. Adm.) 1-2 4 6CS10A0151 Business relationships and networks M.Sc.(Econ. & Bus. Adm.) 1-2 3-4 5 

   Supply Chain Management 18 ECTS crObligatory year per. ECTS crA310A0301 Supply chain improvement M.Sc.(Econ. & bus. Adm.) 1 3-4 6A310A0650 Cost and risk management in supply chain M.Sc.(Econ. & bus. Adm.) 1 4 6       And at least 6 ECTS cr of the following courses: year per. ECTS crA210A0350 Real options and managerial decision making M.Sc.(Econ. & Bus. Adm.) 2 3 6

A210A0601 Information systems in corporate management and decision-making

M.Sc. (Econ. & Bus.Adm.) 1 2 6

A310A0401 Public procurement M.Sc.(Econ. & Bus. Adm.) 1 3-INT 9 6

Academic skills and specialisation studies

ACADEMIC SKILLS 6 ECTS CR

Obligatory (6 ECTS cr) year per. ECTS cr

A365A0551 Master’s transferable skills M.Sc.(Econ. & Bus. Adm.) 1 42036 3

A310A8500 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

A310A0201 External resource management M.Sc.(Econ. & Bus. Adm.) 2 2 6

A350A0110 Project Course on Strategy and Business ModelsM.Sc.(Econ. & Bus. Adm.)1-2

1-2/3-4 6

A310A9000 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/business-administration/profiles/purchasing-supply-management/

− Timing: − 2nd 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 (1A)• Application for Assessment of Master's Thesis (1 B)• Application for Master's Degree Certificate (1 C)• Degree Certificates

MSM Get Together PartyFor all MSM students

29th of September

15.00 – 17.00 o’clock

Skinnarilan Hovi

Create your own network, make friends with your fellow students!

http://www.lut.fi/documents/10633/29855/lut-ajo-ohje.pdf/e56785b7-3993-4021-b422-fef73e7f8338