In this course, you will determine the factors of importance in making purchasing decisions in line with your organization's objectives. You will explore purchase specifications and align them with requests for quotations (RFQs) and purchase orders. You will then examine how purchasing supports your organizational goals, such as choosing higher-quality versus lower-price goods, in conjunction with your organization's strategies and tactics. Finally, you will explore the factors that influence whether you should make a good (or provide a service) in house, or purchase that good or service from an outside vendor.
 

How It Works

Course Length
2 weeks

Effort
3 to 5 hours of study per week

Format
100% online, instructor-led
  • Operations managers and executives
  • Purchasing department staffers
  • Supply chain managers
  • Procurement clerks
  • Inventory managers
  • Aspiring procurement and purchasing managers
  • Entrepreneurs
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