LEARNING OBJECTIVES: Upon completion of this course, students will know: • Discuss the importance of internal and external relationships in managing suppliers and developing a sourcing strategy • Manage and continuously improve supplier performance • Determine the effects of e-procurement on supply management • Identify and manage supply risk, measure performance, and overcome organizational barriers to supply chain excellence • Define supply chain management and understand its strategic role in organizations that source goods and services • Explain the goals of effective supply chain management and procurement • Analyze how organizations in a supply chain communicate and manage relationships • Explain the supplier appraisal process and understand its role in supply chain management • Formulate strategies for mitigating supply chain risk, and discuss the events that can create disruption in the supply chain • Assess the major trends and issues shaping supply chain management today • Recognize the uses and functions of budgeting • Recognize the key activities, considerations, and benefits of strategic organizational planning • Recognize the purpose and make-up of a master budget • Identify the components and calculations used to create a master budget and recognize uses for this information • Identify the components and purpose of an operating budget • Recognize how sales, production, and cost of goods sold budgets are created and perform related calculations • Recognize the purpose of cash budgets and how they are prepared • Understand and analyze the various logistic information management systems. • Explain how to manage and measure logistics performance • Define inventory and understand how to track and value inventory DESCRIPTION: This assessment-rich supply chain management program is specifically designed for people who have zero experience in supplychain management. Therefore, this course will help you acquire the necessary skills and knowledge to secure entry-level positions in supply chain and purchasing management. Throughout the program, you’ll have access to various assessment elements like quizzes and other activities. These elements will help improve retention and make you even more ready for your next job. There’s a lot to learn in this program. Here’s an overview of the curriculum. You, the student, will learn about the: • Fundamentals of supply chain management, contracting, and purchasing • Fundamentals of the purchasing process, which includes purchasing organization and efficiency • Aspects of the supply chain environment • Role of technology in the supply chain process • Relationships among purchasing, supply sourcing, and vendor selection • Basics of the budgeting process • Process of preparing and managing a budget • Various parts of the contracting process • Various parts of the procurement process • Techniques used to evaluate pricing and costing Working in supply chain management requires a lot of knowledge and skills. Therefore, this course incorporates various interactive learning elements like activities, flashcards, and much more to give you that edge when you look for an employment position in this field. CERTIFICATION: To be certified as a Certified Purchasing & Procurement Professional (CPPP), students should take up a 4 hour exam at the designated examination centers. The exam would consist of 80 multiple choice questions. Certification Modules: Module 1: Introduction to Purchasing and Supply Management 1: Purchasing and Supply Management 2: Purchasing Decisions and Business Strategy 3: The Legal Aspects of Purchasing Module 2: Materials Management 1: Materials Management 2: Inventory Management 3: Just-In-Time (Lean) Purchasing 4: Purchasing Procedures, E-Purchasing, and Systems Contracting Module 3: Fundamentals of Purchasing and Supply Management 1: Supplier Selection and Evaluation 2: Global Sourcing 3: Purchasing, Supply Partnerships, and Supply Chain Power 4: Total Quality Management (TQM) and Purchasing Module 4: Price/Cost Analysis and Negotiation Strategies 1: Price Determination 2: Bargaining and Negotiations Module 5: Special Purchasing Application 1: Purchasing Transportation Services 2: Equipment Acquisition and Disposal 3: Healthcare Purchasing and Supply Management 4: Procuring Professional Services Each state may have additional licensing requirements, be sure to research your states requirements for employment by visiting your states occupation board.