Special Note

Enroll in this course at any time, even if the session start date has passed. However, check the register by and session end date listed in the session details to ensure you have enough time to complete the course.

Course Description

This course prepares students in the basics of supply management and procurement operations and the role of procurement within an organization’s overall supply chain. The course includes presentations of the key elements of sourcing and procurement including: strategic sourcing, supplier management, negotiations, contract development, supplier identification and evaluation, and the importance of cross-functional collaboration.

Who Should Attend

  • Sourcing Analysts, Supervisors, Managers, Clerks, Representatives, Agents, Leads, and Specialists
  • Procurement Analysts, Supervisors, Managers, Agents, Clerks, Leads, Representatives, and Specialists
  • Contract Development Specialists, Agents, Clerks, Leads, Representatives, and Supervisors
  • Buyers, Senior Buyers
  • Buyer/Planners
  • Purchasing Analysts, Representatives, Supervisors, Managers, Agents, Clerks, Leads, and Specialists
  • Supply Chain and Logistics Managers, Analysts, Consultants, Supervisors, Technologists, Planners and Engineers
  • Business and Systems Analysts
  • Supply Chain Education and Human Resource Management personnel
  • Inventory Planners
  • Order Management Supervisors, Managers, Analysts
  • Demand Planners, Supply Planners, Forecast Analysts, Forecasting Managers
  • Inventory Managers, Inventory Clerks, Inventory Analysts
  • Transportation Planners, Transportation Clerks, Transportation Analysts, Transportation Managers

How You Will Benefit

  • Define procurement and its purpose
  • Describe the key steps carried out in managing the procurement process
  • Describe the commodity strategy development process and the key steps in this process
  • Understand the key supplier evaluation practices
  • Appreciate the need for identifying and evaluating global suppliers
  • Appreciate the important role that power, tactics, and concessions play in negotiations
  • Gain a basic understanding of procurement contracting and good practices in contracting
  • Describe the key forms of documentation used in procurement
  • Recognize the characteristics of effective supplier scorecard systems
  • Discuss the key roles or positions in procurement organizations
  • Describe the key roles and metrics within procurement
  • Gain a basic understanding of commercial law, particularly agency law and contract law
  • Understand the difference between law and ethics
  • Understand corporate social responsibility

What is Covered

Supply Management and Procurement is a start anytime, self-paced course consisting of 8 Learning Blocks.

  • Learning Block 1 – Supply Management and Procurement Overview
  • Learning Block 2 – Strategic Sourcing
  • Learning Block 3 – Supplier Identification and Evaluation
  • Learning Block 4 – Supplier Negotiation and Contracting
  • Learning Block 5 - Procurement Execution
  • Learning Block 6 – Supplier Management
  • Learning Block 7 – Procurement Organizations and Roles
  • Learning Block 8 – Application of Laws and Ethics in Procurement

Course Prerequisite and Related Certificate Information

None.

Course Times

Our online Supply Chain Fundamentals courses are 100% online, self-paced, start anytime, and are approximately 40 hours of instruction per course. There is a quiz at the end of each learning block that must be passed to move onto the next learning block.

Course Materials

Required: Computer with speakers and internet connectivity to access online content

Provided: Access to online course content and optional reading materials

Course Fee

Standard Fee: $350.00

Please note the course Access Period (start and end dates) noted within the Georgia Tech Professional Education website where registration takes place. Access to the course ends on the noted date and cannot be extended. For example, if you enrolled today, completed half of the course content, quizzes, etc. and do not complete by the end date – you would lose your progress and, unfortunately, have to re-enroll and start over.