Purchasing Fundamentals
Purchasing Fundamentals
Discover and master the fundamentals of purchasing by understanding your strategic and tactical roles as a purchasing practitioner. Improve your company’s bottom-line profitability by learning and implementing key concepts such as negotiation, supplier sourcing and qualification, outsourcing and make-or-buy analysis. Learn the basics of supplier partnerships, capital budgeting and green buying.
In this online course, you will learn how to define internal customer needs, generate purchase requisitions and purchase orders, expedite, trace and receive supplier deliveries, maintain effective purchasing records and create and manage various purchasing budgets. You’ll learn about business law, contracts, leasing, Six Sigma and total quality management (TQM). You will also learn how to recruit, select and evaluate purchasing personnel, and learn the importance of business ethics.
Syllabus
- Lesson 1 – Contributions of Purchasing
- Lesson 2 – Organizational Strategy and Purchasing Response
- Lesson 3 – Elements of the Purchasing Cycle
- Lesson 4 – The Purchasing Cycle (Conclusion); Make or Buy Analysis; Leasing
- Lesson 5 – Supplier Sourcing
- Lesson 6 – Green Buying; Purchasing Records; Competitive Bidding
- Lesson 7 – Business Law, Contracts, and Legal Forms of the Organization
- Lesson 8 – Six Sigma and Total Quality Management; ERP/MRP II
- Lesson 9 – Introduction to Budgeting
- Lesson 10 – Capital Budgeting
- Lesson 11 – Supplier Partnerships; Ethics and Organizational Politics
- Lesson 12 – Recruiting, Training, and Evaluating Purchasing Personnel
Requirements:
Hardware Requirements:
- This course can be taken on either a PC or Mac.
Software Requirements:
- PC: Windows 8 or later.
- Mac: macOS 10.6 or later.
- Browser: The latest version of Google Chrome or Mozilla Firefox are preferred. Microsoft Edge and Safari are also compatible.
- Adobe Acrobat Reader.
- Software must be installed and fully operational before the course begins.
Other:
Email capabilities and access to a personal email account.
Prerequisites:
There are no prerequisites to take this course.
Instructional Material Requirements:
The instructional materials required for this course are included in enrollment and will be available online.
<ul><li>6 Weeks Access</li>
<li>Course Code: pcf</li>
<li>Start Dates* Dec 15 | Jan 12 | Feb 09 | Mar 16</li>
<li>$187.00 USD</li></ul><br><br>
<p><strong>Self-Paced</strong></p><br>
<ul><li>3 Months Access</li>
<li>Course Code: T9623</li>
<li>No Instructor, Start Anytime</li>
<li>$187.00 USD</li></ul>
Tony Swaim has helped many clients, colleagues, and students reach their professional and personal goals. He has been an online instructor since 1998 and has taught at colleges and universities across the United States since 1981. His focus areas are project management, Six Sigma, and supply chain management. Tony manages a successful consulting firm, and his industry experience includes 20 years of supply chain management. He earned a Doctorate in Business Administration from Kennesaw State University and holds professional certifications in six disciplines, including the Project Management Professional (PMP)® certification from the Project Management Institute (PMI)® and Certified Six Sigma Black Belt (CSSBB)® from the American Society for Quality (ASQ)®.
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