Certificate in Purchasing Fundamentals Online Course
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Certificate in Purchasing Fundamentals Online Course at Courses for success Overview
Duration | 6 weeks |
Total fee | ₹27,605 |
Mode of learning | Online |
Schedule type | Self paced |
Difficulty level | Intermediate |
Credential | Certificate |
Certificate in Purchasing Fundamentals Online Course at Courses for success Highlights
- Internationally recognized by the IAOTS
- Limited Time Offer - Ends Soon
- Get 12 month online access, 24/7 anywhere
Certificate in Purchasing Fundamentals Online Course at Courses for success Course details
- This course is designed for people with little or no prior experience in the purchasing and procurement sector who would like to start a career as a professional purchasing and procurement office
- Course designed to empower professionals and those embarking on a procurement career
- Understand the legalities of commercial procurement management
Certificate in Purchasing Fundamentals Online Course at Courses for success Curriculum
Session 1: Course Overview
Learning Objectives
Pre-Assignment: Introduction
Pre-Assignment: Questions
Session 2: Supply Chain Management Basics
Defining the Terms
Process Areas
Summary
Making Connections
The Value of Procurement
The Importance of Procurement
Reducing Time to Market
Practice Makes Perfect
Pre-Assignment Review
The Five Rights of Purchasing
Session 3: The Purchasing Cycle
Cycle Overview
Additional Points to Consider
Identifying a Need
The Purchase Requisition
Material Requirements Planning Schedule
Developing a System
Making Connections
Researching Your Options
Issuing the Purchase Order
Issuing a Change Order
Invoice Auditing
Lessons Learned
Session 4: Purchasing Toolkit
Analyzing the Price
General Economic Issues
About Oligopolies
More About Oligopolies
Variable-Margin Pricing
Six Categories of Cost, Part One
Six Categories of Cost, Part Two
Analyzing Costs
The Scope of Costs
Sources for Cost Data
Additional Costs
Evaluating Suppliers
Evaluation Checklist
Supplier Surveys
Additional Tools, Part One
Additional Tools, Part Two
Additional Tools, Part Three
Additional Tools, Part Four
Negotiation Basics
Key Negotiation Techniques
Effective Questions, Part One
Effective Questions, Part Two
Effective Questions, Part Three
Collaboration Techniques
The Learning Curve
Session 5: Managing Competitive Bids
Purchasing Through RFP?s and Tenders
Bidding vs. Negotiation
Prerequisites
Making a Choice
Elements of the Analysis
Creating a Contract
Key Elements
Ethical Considerations
Conflicts of Interest
The Importance of Ethics
Ethical Standards
Ethical Dilemmas, Part One
Ethical Dilemmas, Part Two
Case Studies
Session 6: Improving Efficiency and Accuracy
Managing Supplier Performance
Aggregate Evaluations
Categorical Evaluations
Weighted Evaluations
Controlling Quality
Taking Corrective Action
Setting and Monitoring Delivery Standards
Shipment Tracking
Is the Contract Breached?
Expediting Orders
Creating Good Working Relationships
Monitoring Supplier Performance
Developing Performance Improvements
Session 7: Analyzing and Reducing Risk in the Supply Chain
Whose Risk Is It Anyway?
Applying the Concepts
The Digital Marketplace
Agile Procurement
Case Study
Using Multiple Suppliers
Building Agility
Case Study
A Risk Management Focus, Part One
A Risk Management Focus, Part Two
Sample Plan
Best Practices
Session 8: Managing Internal Relationships
Procurement?s Role in the Organization
Where Does Supply Management Fit?
Spell It Out
Making Your Mark
The Evolution of Materials Management
The Role of the Purchasing Specialist
Cross-Functional Teams
Challenges with Cross-Functional Teams, Part One
Challenges with Cross-Functional Teams, Part Two
Session 9: Tools of the Trade
Digital Systems
Debit, Credit, and Virtual Terminals
Supplier Stores
Supplier Delivery System
Electronic Data Interchange (EDI)
E-Commerce
The Always-On Marketplace
E-Sourcing
The Role of Social Networking
Tools of the Trade
Seeking Feedback
Annual Report Checklist
Annual Report Tips
Drawing Conclusions
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