Strategic Purchasing for Supply Chain Professionals provides purchasers of transportation and related ancillary services with the knowledge and tools to generate more value across the entire buying process and afterward. Beginning with the RFI/RFP process and continuing through the establishment of criteria, negotiation, risk management, and the creation of KPIs, Strategic Purchasing gives learners best practices and practical, proven techniques for navigating this complex process.
This frequently requested course addresses a significant need in industry; businesses and professionals recognize the importance of buying and vendor selection, but very few have received formal training or professional development in the process.
Strategic Purchasing teaches learners established tools and processes in both theory and practical application, in a combination of case studies, analysis assignments, role-play, and more.
By the end of the course, learners will be able to create significant value in the entire buying process via a thoughtful, robust selection process that minimizes risk and maximizes strategic alignment, transparency, and accountability.
Modules:
- Importance of Strategic Purchasing
- Tactical vs Strategic Purchasing
- Requests for Proposals (RFPs)
- Evaluating Suppliers
- Effective Contracting
- Negotiating Contracts
- Acquisition Cost Factors
- Key Performance Indicators (KPIs)
- Risk Management
- Best Practices in Strategic Purchasing
All materials required to complete this course are included on the course site. No textbook required.
