Procurement in supply chain is a vital business process.

Online Self-Paced Course

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. Course participants will explore supply management from several viewpoints; align sourcing, communication, and management strategies; and incorporate ethical and sustainable practices into the supply chain. Trends and changes to the profession due to the Internet and emerging technologies are also discussed.

After completing this course, you will be able to:

  • Discuss the importance of internal and external relationships in managing suppliers and developing a sourcing strategy
  • Articulate ways to enhance communication across the supply chain
  • Manage and continuously improve supplier performance
  • Determine the effects of e-procurement on supply management
  • Identify and manage supply risk, measure performance, and overcome organizational barriers to supply
  • Understand the need for leadership and diversity within the supply chain

Important Notes

  • 99% Rating
  • Estimated time to complete: 8 hours
  • 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 IACET CEUs.

Credits:

PMI PDUs: 8 (Power Skills - 3, Business Acumen - 3.5, Ways of Working - 1.5)

IACET CEUs: 0.8 (Contact Hours: 10 hours)

SHRM PDCs: 8

ATD CI Credits: 8

Key Features

  1. Mobile-friendly
  2. Audio-enabled
  3. Badge and credit-awarding
  4. Real-world case studies
  5. Fully accessible
  6. Games & Flashcards
  7. Expert-supported
  8. Video content

Find more operations and supply chain classes, click here