Fundamentals of Purchasing and Supply Management
Do you want to perform your purchasing duties more effectively? This course helps you understand the business role of purchasing and procurement, identify alternative terms and conditions of sale (plus legal means of contracting with suppliers), source suppliers and build supplier relationships linked to overall organizational goals. You’ll evaluate when bidding is appropriate, review skills and sound principles in negotiating with suppliers and your internal customers, and identify how purchasing works across all functional areas to help contribute to a competitive advantage.
You will:
- Develop skills that will maximize your purchasing effectiveness
- Master a general understanding of the entire purchasing process and alternative procurement processes
- Review base negotiations to expand your purchasing expertise and effectiveness
- Gain knowledge about value-added purchasing, and make purchases consistent with your organization’s customer satisfaction strategies
- Better understand the legal aspects of purchasing and how they affect your organization
- Further develop your analytical and decision-making skills
- Be better able to develop productive supply management strategies
- Select performance measures for purchasing which reflect individual and team performance
- Gain the latest, proven purchasing knowledge
- Learn from seasoned practitioners who are also experienced educators
- Return to your job with a new sense of direction and action items for improvement
- Begin your journey to professional certification
Who should attend
We have developed this course with the newly appointed buyer or agent in mind. More experienced buyers, purchasing agents, expediters, schedulers, purchasing managers and supervisors in smaller to medium-sized organizations will also benefit, as they will add state-of-the-art procurement basics to their established skills. Attendance is also beneficial for those in smaller organizations who perform purchasing activities along with other responsibilities.
“Overall the course was excellent and provided participants with issues they can use and share with co-workers.”
Sharon Vlasak, Purchasing Supervisor, Sig-Doboy Inc., New Richmond, WI
“Designed very well, with great continuity. There were no dry spots.”
Rich Malek, Senior Buyer, Sara Lee Coffee & Tea, Schaumburg, IL
In conformance with guidelines established by the International Association of Continuing Education and Training, this course is authorized for 2.1 Continuing Education Units (CEUs).