Procurement Basics

This course is part of Global Procurement and Sourcing Specialization

Instructor: Don Klock

What you'll learn

  •   You will learn some basic definitions and discover why procurement is important to the firm
  •   GI've you a "basic" flow of procurement processes
  •   Learn the difference between Directs and Indirects
  •   10 Key Ways to improve stakeholder (internal customers) management
  • Skills you'll gain

  •   Purchasing
  •   Request for Proposal
  •   Request For Quotation (RFQ)
  •   Procurement
  •   Supplier Management
  •   Cost Reduction
  •   Supply Chain Management
  •   Stakeholder Management
  • There are 5 modules in this course

    The course will supported by videos, readings and a required case that will be assessed by a peer review. In addition, a Practice Assessment (multiple choice) is available to the student. This should be helpful as there is a Final Assessment (40 Multiple Choice) at the end of the specialization in Course 7 that is required to obtain the certification.

    Importance of Procurement

    Procurement Processes

    Directs vs. Indirects

    Stakeholder Management

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