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Supply Chain Fundamentals: Supply Management and Procurement

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 Prerequisites

None.

Course Fees

The cost of the course is $350 for the self-paced version. You will be provided with a URL, username and password to access the material. You must complete all required learning blocks to be awarded a Georgia Tech Course Completion certificate.

Course Location

This course is offered in a self-paced online format, and you may start anytime.

Technical Requirements

Minimum Requirements

Please review https://pe.gatech.edu/technology-requirements to ensure that the system you will be using is capable of accessing this online course.

User Interface

Online courses are offered through Georgia Tech Professional Education. The interface is provided via Canvas LMS and is primarily point-and-click, and can be learned by anyone capable of using a web browser. There is no software to distribute, and no experience with HTML or other technical knowledge required.

OFFERINGS

Brochures/Flyers

Earn our Supply Chain Fundamentals certificate

You must take 4 SCF online courses: Required course: Supply Chain Management Principles. Choose 3 SCF courses from the following: Customer Service Operations, Supply Management & Procurement, Demand Planning, or Manufacturing & Service Operations.

This certificate is designed for those who want a solid understanding of supply chain fundamentals who may be new to certain supply chain domains. The goal of the program is to support workforce readiness and upward mobility for entry-level and supervisory level associates.

 
 
 
ISyE location map

Georgia Tech Supply Chain and
Logistics Institute
H. Milton Stewart School of
Industrial & Systems Engineering
765 Ferst Drive, NW, Suite 228
Atlanta, GA 30332
Phone: 404.894.2343