Purchasing & Supply Chain Management
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Course Description
Upon registering, you are given an initial six months to complete the program. Should you need more time, you may request a 6-month extension at no additional charge.
Course Objectives
Upon successful completion of the Purchasing & Supply Chain Management program students will:
• Be familiar with the basics of purchasing and the purchasing environment in the private sector.
• Have an understanding of the various approaches, tools and strategies used in negotiations and give you a foundation for negotiating with great awareness and effectiveness.
• Learn the basics of entrepreneurship.
• Understand the basics of marketing management and the strategies involved in developing a marketing plan.
• Become aware of the basic subjects in the field of price and cost analysis from a purchasing and production perspective and give you a foundation for thinking about price and cost analysis in a strategic, integrated manner.
Course Outline
a) Introduction and Overview
b) Interdependencies of Purchasing
c) Purchasing and Financial Statements
d) Purchasing Administration
e) Global Sourcing
f) Regulatory Agencies
g) Good Faith and Conclusion
II. The Supply Chain Process
a) Introduction
b) Acquisition of Goods and Services
c) Quantity/Demand
d) Planning Process
e) Material Planning Tools
f) Flow of Materials
g) Summary
III. Management Essentials
a) Introduction and Components of a Successful Manager
b) Organizational Culture and Change
c) Power and Perceptions
d) Leadership and Risk
e) Strategies, Decision-Making, Empowerment and Accountability
f) Customer Relationship Management and Quality
g) Human Resource Management
h) Financial Accountability
i) Summary
IV. Budgeting Essentials
a) Introduction
b) The Concept of Budgeting
c) Activity Based Budgeting
d) Factors to Consider in Budgeting
e) Production Planning
f) Inventory
g) Sample Budget and Summary
V. The Procurement Process
a) Introduction and Overview
b) Elements of Supplier Selection
c) Supplier Evaluation
d) The Bidding Process
e) Summary of the Procurement Process
VI. Supplier Contracting
a) Introduction
b) General Contract Principles
c) General Contract Principles Continued
d) Contract Drafting
e) Contract Drafting Continued
f) Types of Purchasing Contracts
g) Agency and Summary
VII. Persuasive Communication
a) Introduction
b) Fundamentals of Communication
c) Knowing the Audience
d) The Power of Listening
e) Credibility of the Speaker
f) Evidence in Persuasion
g) Emotion in Persuasion
h) Organizing the Argument
i) Summary
VIII. Negotiating Strategies
a) Introduction
b) Steps in Negotiating
c) Tools in Negotiating
d) Types of Negotiations
e) Personality Types
f) Preparing for Negotiations
g) BATNA and Summary
IX. Price and Cost Analysis
a) Introduction
b) Pricing Evaluation
c) Use of Data
d) Strategic Cost Analysis
e) Timing and Outsourcing
f) Summary
X. Legal Aspects of Contracts
a) Introduction and Overview
b) What is a Contract?
c) Elements of a Contract
d) Duties and Obligations
e) What is the Deal?
f) Legal Representation
g) Good Faith and Conclusion
More Information
| Language | English |
| Course Length | 300.00 hours |
| Duration of Access | 6 months |
| Instructor | Katherine Squires Pang, J.D., LL.M., M.Ed; Rose Roberts, C.P.M., B.B.A. |
| Vendor | Gatlin Education |
| Prerequisites/Audience | There are no specific prerequisites for this course. However, basic computer skills, the ability to navigate the Internet, and an email account are all required. This program is intended for anyone currently working in, or planning on working in, procurement management, supply management, a purchasing department, or any other area involved with procurement and/or supply. |
| Requirements/Materials Included | This course must be taken from a PC. There are no specific computer requirements other than an Internet connection (Broadband Internet connection is highly recommended). In addition you will need to have Internet Explorer, Adobe Reader, Flash Plug-in and a QuickTime plug-in on your computer (all available through free downloads). GES will provide the following required textbooks for this course: • Budgeting for Managers • Harvard Business Essentials: Power, Influence, and Persuasion • Essentials of Supply Chain Management The following textbooks are NOT required for this program, but are recommended by the instructor. GES does NOT provide these books: • The Purchasing Handbook: A Guide for the Purchasing and Supply Professional, by Joseph L. Cavinato. • Managers and the Legal Environment, by Bagley and Savage, 5th Edition. • The Successful Manager’s Handbook, by Susan H. Gebelein, et al. • The Essentials of Negotiation, by Harvard Business School Press. |














