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Purchasing Foundations

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Overview

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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

Reviews

4.8 rating at LinkedIn Learning based on 3727 ratings

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