Purchasing Foundations

Offered By: LinkedIn Learning

Tags

Supply Chain Management Courses Negotiation Courses Procurement Courses Cost Management Courses Supplier Management Courses

Course Description

Overview

Learn the fundamentals of purchasing for business. Find out how to manage suppliers, contracts, and costs, and implement strategic sourcing.

Syllabus

Introduction

Welcome

1. The Function of Purchasing

The purchasing process
Purchase orders
Purchasing policies
The purchasing organization

2. Managing Suppliers

Supplier evaulation and selection
Supplier quality management
Supplier management and development

3. Strategic Sourcing

World-wide sourcing
Category management
Negotiation planning
Contract management
Legal and ethical considerations

4. Strategic Cost Management

Price and cost analysis
Should-cost analysis
Total cost of ownership
Target costing
Learning curve analysis

5. Special Topics in Purchasing

Purchasing services
E-sourcing
Supply management performance measurement

Conclusion

Next steps

Taught by

Steven Brown

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