What does the Strategic Procurement course cover?
Strategic Procurement is covered here in 10 modules: Introduction to Strategic Procurement: Understanding the procurement cycle, Procurement Planning and Strategy Development: Creating a procurement plan, Sourcing and Supplier Management: Identifying and evaluating suppliers and 7 more. The outline lists 40 specific topics, opening with defining strategic procurement and its importance and closing with course wrap-up and final thoughts.
How do you approach Strategic Procurement step by step?
The work is sequenced in 10 stages. It starts with Introduction to Strategic Procurement: Understanding the procurement cycle, moves through Procurement Planning and Strategy Development: Creating a procurement plan and Sourcing and Supplier Management: Identifying and evaluating suppliers, and ends at Capstone Project and Course Wrap-Up: Course wrap-up and final thoughts.
What is in Module 1 of the Strategic Procurement course?
Module 1 is Introduction to Strategic Procurement: Understanding the procurement cycle. It works through defining strategic procurement and its importance, understanding the procurement cycle, key concepts and terminology in procurement and 1 more. It sets the vocabulary the remaining 9 modules build on.
How is the Strategic Procurement course delivered?
The Strategic Procurement course is fully self-paced with immediate online access after enrolment. Access does not expire and future updates are included at no cost. It can be taken on any device, and a certificate of completion is issued by The Art of Service when you finish.
How much does the Strategic Procurement course cost?
The Strategic Procurement course is $199 as a one time payment. There is no subscription, no per seat licence and no hidden fee. Enrolment carries a 30 day satisfied or refunded guarantee, so it can be assessed in full before you commit.
Closely related courses: Contract Negotiations in Procurement Process, Contract Negotiation in Procurement Process, Contract Negotiation and Indirect Procurement Kit, Contract Negotiation Process and Indirect Procurement Kit.
More answers: what you get with every course, refund policy, all help answers.
Mastering Strategic Procurement: Negotiation, Sourcing, and Contract Management
Course Overview
This comprehensive course is designed to equip procurement professionals with the skills and knowledge needed to excel in strategic procurement, negotiation, sourcing, and contract management. Participants will receive a certificate upon completion, issued by The Art of Service.Course Features
- Interactive and engaging learning experience
- Comprehensive and up-to-date content
- Personalized learning approach
- Practical and real-world applications
- High-quality content developed by expert instructors
- Certification upon completion
- Flexible learning options
- User-friendly and mobile-accessible platform
- Community-driven learning environment
- Actionable insights and hands-on projects
- Bite-sized lessons for easy learning
- Lifetime access to course materials
- Gamification and progress tracking features
Course Outline
Module 1. Introduction to Strategic Procurement: Understanding the procurement cycle
- Defining strategic procurement and its importance
- Understanding the procurement cycle
- Key concepts and terminology in procurement
- Overview of procurement strategies and tactics
Module 2. Procurement Planning and Strategy Development: Creating a procurement plan
- Developing a procurement strategy
- Conducting market research and analysis
- Defining procurement objectives and metrics
- Creating a procurement plan
Module 3. Sourcing and Supplier Management: Identifying and evaluating suppliers
- Defining sourcing and supplier management
- Identifying and evaluating suppliers
- Developing and managing supplier relationships
- Implementing supplier diversity and inclusion initiatives
Module 4. Negotiation and Contract Management: Creating and managing contracts
- Understanding negotiation principles and strategies
- Developing negotiation skills and tactics
- Creating and managing contracts
- Understanding contract law and regulations
Module 5. Contract Administration and Close-Out: Managing contract performance and compliance
- Managing contract performance and compliance
- Administering contract changes and amendments
- Closing out contracts and evaluating performance
- Documenting lessons learned and best practices
Module 6. Procurement Technology and Tools: Understanding data analytics and reporting
- Overview of procurement technology and tools
- Using e-sourcing and e-procurement platforms
- Implementing procurement software and systems
- Understanding data analytics and reporting
Module 7. Procurement Ethics and Compliance: Developing a code of ethics and conduct
- Understanding procurement ethics and compliance
- Developing a code of ethics and conduct
- Implementing compliance programs and policies
- Managing conflicts of interest and corruption
Module 8. Procurement Metrics and Performance Management: Measuring and tracking procurement performance
- Defining procurement metrics and performance indicators
- Measuring and tracking procurement performance
- Developing and implementing procurement dashboards
- Using data analytics to drive procurement decisions
Module 9. Advanced Procurement Topics: Developing procurement talent and succession planning
- Understanding category management and strategic sourcing
- Implementing procurement transformation and change management
- Developing procurement talent and succession planning
- Understanding procurement's role in organizational strategy
Module 10. Capstone Project and Course Wrap-Up: Course wrap-up and final thoughts
- Applying course concepts to a real-world project
- Developing a comprehensive procurement plan
- Presenting and defending the capstone project
- Course wrap-up and final thoughts