Course Offerings

Procurement & Purchasing Management

Course ID: SEF-3001DUG
Overview
Course Outline
Requirements
Intended Audience
More Details

A career in purchasing can be fun and rewarding if you have the right skill set to succeed on the job. According to the U.S. Bureau of Labor Statistics, the number of available jobs in 2020 is 513,400. The median annual wage for buyers and purchasing agents was $63,470, and the median annual salary for purchasing managers was $127,150 in May 2021. Buyers and purchasing agents buy products and services for organizations to use or to resell. But the job isn't as simple as just shopping. These professionals must consider many factors when purchasing such as budget, price, availability, demand, logistics, reliability of suppliers, and technical support. Purchasing managers oversee the work of buyers and purchasing agents. In addition, they must be able to accurately report on activity and forecast future events. The Procurement

Course Objectives

Learn how to prepare and manage a budget in an organization.

Learn how to manage the supplier selecting process.

Learn how to manage the contracting process.

Learn how to evaluate price and costs.

Gain effective negotiation and communication techniques.

Outline of Instruction

Purchasing Management

Essentials of Purchasing

Budgeting Essentials

Procurement Process

Supplier Contracting

Price and Cost Analysis

Management Essentials

Negotiation Strategies

Persuasive Communication

Legal Aspects of Contracts

Contact Hours

270

CEUs

Industry Standard, State or National Certification

Certification

None

Website

None

Certification Learning Outcomes/Requirements

CE or CU Articulation

Prerequisites

There are no specific prerequisites for this course.

Learning Supplies Needed

Hardware Requirements:
This course can be taken on either a PC or Mac.

Software Requirements:
PC: Windows 7 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.
Microsoft Office or equivalent (not included in enrollment).
Adobe Acrobat Reader.
Software must be installed and fully operational before the course begins.

Other:
Email capabilities and access to a personal email account.

Instructional Material Requirements:
The instructional materials required for this course are included in enrollment. The following textbooks will be shipped to you approximately 7-10 business days after enrollment:
The Essential Manager's Handbook
Please note: You will receive a digital book if the physical book is on backorder.

Clinical Site/Special Facilities

None

Requirements for Successful Completion

90% attendance

Accreditation/Special Approval Requirements

N/A

Intended Audience

This is course is for anyone who would like to learn the basics of the supply chain process, purchasing, contracting issues, and management by taking this Procurement & Purchasing Management course.