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Procurement and Supply Management Fundamentals

  • Overview
  • Course Content
Overview

Procurement and Supply Management Fundamentals

Course Description

This course provides a comprehensive overview to the key principles of Procurement and Supply Management and its role in the company’s strategic objectives. It will address the process steps in addition to highlighting the relationship that professionals play to bring suppliers and internal customers together. Considering project leadership, specification gathering, supplier engagement, bid package development, transportation, and contracting, participants will walk away with a good understanding of what it takes to deliver professional service to their organizations.

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Course Content
  • Surveying
  • Planning
  • Execution
  • Documentation
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How You Will Benefit

  • Lead cross-functional projects while facilitating the relationship between the buying organization and the supply base
  • Assess the marketplace to find suppliers who can provide goods and services to the supply chain
  • Coordinate specifications gathering and lead the bidding process to obtain and evaluate proposals from companies in the supply chain
  • Negotiate terms and conditions with prospective suppliers and contractors to maximize the buying organization’s Return on Investment and Cash Flow
  • Identify and compare various forms of delivery methods and cost to get purchased product where it needs to be at the right time
  • Analyze the success and failures of the supply base to help decide who to continue to spend money with going forward

Train at Your Location

We enable employers to provide specialized, on-location training on their own timetables. Our world-renowned experts can create unique content that meets your employees' specific needs. We also have the ability to deliver courses via web conferencing or on-demand online videos. For 15 or more students, it is more cost-effective for us to come to you.
  • Save Money
  • Flexible Schedule
  • Group Training
  • Customize Content
  • On-Site Training
  • Earn a Certificate