Procurement Supply Management
This course equips you with essential concepts and strategies for effectively sourcing and managing suppliers while addressing challenges across the supply chain.
Program Overview
This course explains the evolution from the transactional purchasing or procurement function into the strategic process of supply management. It introduces key concepts and ideas that can be used to successfully source and manage suppliers and to deal with issues that may arise across the supply chain. The course is divided into modules that explain supply management basics; describe strategic, ethical, and sustainable sourcing; and discuss supply chain leadership and integration.
Duration
Approximately 8 hours
Access Time: 180 daysEstimated Tuition
$199
No additional materials requiredWays to Learn
Credit
.8 CEUs
Program Partner
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We partnered with MindEdge to bring you affordable, full suite, cloud-based, content-rich online education.
Learning Outcomes:
- Understand the differences in procurement processes for different types of goods and services
- Discuss the importance of internal and external relationships in managing suppliers
- Formulate a supplier relationship management process
- Articulate ways to enhance communication across the supply chain
- Manage and continuously improve supplier performance
- Develop a sourcing strategy that meets the needs of your company
- Determine the effects of e-commerce on supply management
- Utilize historically underutilized business (HUB) supplier diversity programs
- Understand the concept of sustainable sourcing
- Understand the need for leadership in the supply chain management process
- Identify organizational barriers to supply chain excellence
- Measure and manage supply chain performance
- Identify and manage supply chain risk
This course includes an “Ask the Expert” feature. You can use this feature to submit questions about course content. A subject matter expert will provide guidance or point you to additional resources for the topics you’re studying. Questions are answered as quickly as possible and usually within 24 hours.
Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive CEUs.
Program Details
Key Features
Mobile-friendly
Audio-enabled
Badge and credit-awarding
Fully accessible
Games & Flashcards
Expert-supported
Video content