This course explains the evolution from the transactional purchasing or procurement function into the strategic process of supply management. It introduces key concepts and ideas that can be used to successfully source and manage suppliers and to deal with issues that may arise across the supply chain. The course is divided into modules that explain supply management basics; describe strategic, ethical, and sustainable sourcing; and discuss supply chain leadership and integration. Course participants will explore supply management from several viewpoints; align sourcing, communication, and management strategies; and incorporate ethical and sustainable practices into the supply chain. Trends and changes to the profession due to the Internet and emerging technologies are also discussed.
Completion Time
8 hours
Access Time
Days
Outcome
Individual Skill Course
Language
English
Training Level
Beginner
Delivery Information:
Description
Learning Outcomes
- Understand the differences in procurement processes for different types of goods and services
- Discuss the importance of internal and external relationships in managing suppliers
- Formulate a supplier relationship management process
- Articulate ways to enhance communication across the supply chain
- Manage and continuously improve supplier performance
- Develop a sourcing strategy that meets the needs of your company
- Determine the effects of e-commerce on supply management
- Utilize historically underutilized business (HUB) supplier diversity programs
- Understand the concept of sustainable sourcing
- Understand the need for leadership in the supply chain management process
- Identify organizational barriers to supply chain excellence
- Measure and manage supply chain performance
- Identify and manage supply chain risk
Additional Information
This course includes an “Ask the Expert” feature. You can use this feature to submit questions about course content. A subject matter expert will provide guidance or point you to additional resources for the topics you’re studying. Questions are answered as quickly as possible and usually within 24 hours.
Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEUs.
Requirements
Technology Requirements
Hardware Requirements: This course can be taken on either a PC, Mac, or Chromebook.
Software Requirements: Software must be installed and fully operational before the course begins.
- 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. Cookies and JavaScript must be enabled
- The latest Adobe Reader/Acrobat Reader (free download available at https://get.adobe.com/reader/)
- Any modern Office suite: Microsoft Office, Apple iWork, OpenOffice, or LibreOffice
Other:
- Reliable internet connection. Broadband cable or highspeed DSL is recommended for optimal experience.
- E-mail account (to be able to register and to receive e-mail from the course system regarding registration, course status, etc.)
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