Special Note

Course Description

This course prepares students in the basics of supply management and procurement operations and the role of procurement within an organization’s overall supply chain. The course includes presentations of the key elements of sourcing and procurement including: strategic sourcing, supplier management, negotiations, contract development, supplier identification and evaluation, and the importance of cross-functional collaboration.

Who Should Attend

Sourcing Analysts, Supervisors, Managers, Clerks, Representatives, Agents, Leads, and Specialists Procurement Analysts, Supervisors, Managers, Agents, Clerks, Leads, Representatives, and Specialists Contract Development Specialists, Agents, Clerks, Leads, Representatives, and Supervisors Buyers, Senior Buyers Buyer/Planners Purchasing Analysts, Representatives, Supervisors, Managers, Agents, Clerks, Leads, and Specialists Supply Chain and Logistics Managers, Analysts, Consultants, Supervisors, Technologists, Planners and Engineers Business and Systems Analysts Supply Chain Education and Human Resource Management personnel Inventory Planners Order Management Supervisors, Managers, Analysts Demand Planners, Supply Planners, Forecast Analysts, Forecasting Managers Inventory Managers, Inventory Clerks, Inventory Analysts Transportation Planners, Transportation Clerks, Transportation Analysts, Transportation Managers

How You Will Benefit

Define procurement and its purpose Describe the key steps carried out in managing the procurement process Describe the commodity strategy development process and the key steps in this process Understand the key supplier evaluation practices Appreciate the need for identifying and evaluating global suppliers Appreciate the important role that power, tactics, and concessions play in negotiations Gain a basic understanding of procurement contracting and good practices in contracting Describe the key forms of documentation used in procurement Recognize the characteristics of effective supplier scorecard systems Discuss the key roles or positions in procurement organizations Describe the key roles and metrics within procurement Gain a basic understanding of commercial law, particularly agency law and contract law Understand the difference between law and ethics Understand corporate social responsibility

What is Covered

Supply Management and Procurement is a start anytime, self-paced course consisting of 8 Learning Blocks. Learning Block 1 – Supply Management and Procurement Overview Learning Block 2 – Strategic Sourcing Learning Block 3 – Supplier Identification and Evaluation Learning Block 4 – Supplier Negotiation and Contracting Learning Block 5 - Procurement Execution Learning Block 6 – Supplier Management Learning Block 7 – Procurement Organizations and Roles Learning Block 8 – Application of Laws and Ethics in Procurement

Course Prerequisite and Related Certificate Information

None.

Course Times

On the first day, please check in at least 30 minutes before the class start time. First Day - 8:00am to 5:00pm ​Second Day - 8:00am to 5:00pm Third Day - 8:00am to 5:00pm

Course Materials

Required Computer with speakers to access online content Provided Access to online course content and optional reading materials