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Effective Procurement Strategies | SCMT.X401

Effective Procurement Strategies | SCMT.X401

This procurement strategy course is aimed at helping supply chain professionals as well as people new to the field, business leaders, and entrepreneurs optimize their effectiveness in sourcing, contract development, risk assessment, negotiation, and the rapidly changing technologies in the industry. When you integrate best procurement practices, you develop processes, strategy, and structure for an effective supplier and contract manufacturing supply base. Learn to maximize benefits for your organization in today’s competitive landscape.

It is highly recommended that students take "Evolving Role of Supply Chain Manager" as the first course prior to taking this course.

Learning Outcomes

  • Identify and explain the various methods of procurement
  • Determine value and its application to product and service selection
  • Identify leading trends and technology used in procurement
  • Identify procurement practices and systems impacted by the pandemic
  • Recognize best practices in procurement strategies
  • Select the most appropriate solicitation method related to purchases made for your organization
  • Compare and contrast the various negotiation techniques and strategies

Topics include

  • Procure goods and service, and succeed in a competitive bidding environment
  • Source effectively and maximize contractor engagement and product value
  • Build specification and scope of work to maximize value and reduce cost
  • Approach risk and reduce it
  • Develop and manage effective contracts
  • Negotiate and collaborate with internal and external partners
  • Problem solve as a procurement leader
  • Capitalize on IT licensing and new technologies
  • Integrate best practices for value and cost reduction

Have a question about this course?
Speak to a student services representative.
Call (408) 861-3860
FAQ
ENROLL EARLY!
This course is related to the following programs:

Sections Open for Enrollment:

Open Sections and Schedule
Start / End Date Quarter Units Cost Instructor
04-03-2023 to 05-22-2023 3.0 $750

Caleb J Zhang

Enroll

Final Date To Enroll: 04-03-2023

Schedule

Date: Start Time: End Time: Meeting Type: Location:
Mon, 04-03-2023 5:30 p.m. 9:30 p.m. Live-Online REMOTE
Mon, 04-10-2023 5:30 p.m. 9:30 p.m. Live-Online REMOTE
Mon, 04-17-2023 5:30 p.m. 9:30 p.m. Live-Online REMOTE
Mon, 04-24-2023 5:30 p.m. 9:30 p.m. Live-Online REMOTE
Mon, 05-01-2023 5:30 p.m. 9:30 p.m. Live-Online REMOTE
Mon, 05-08-2023 5:30 p.m. 9:30 p.m. Live-Online REMOTE
Mon, 05-15-2023 5:30 p.m. 9:30 p.m. Live-Online REMOTE
Mon, 05-22-2023 5:30 p.m. 9:30 p.m. Live-Online REMOTE