Procurement is the process of acquiring goods and services by organizations.  Traditionally, procurement has not been thought of in a strategic sense.  As the percentage of production items that are purchased has risen, so has the importance of procurement.  Procurement is now one of the key strategic elements of an organization.  The goal of this module is for candidates to better understand the strategic role of procurement, as well as tactical approaches that support the strategy.

The focus of this module is on matters of strategic and tactical importance in procurement.  The module starts with a discussion of the key processes that support an organization's strategic procurement goals before comparing strategic and tactical procurement.  A comprehensive procurement strategy backed up by solid procurement tactics supports an organization's goal of providing customers with highly valued products.  Specific tactical matters are considered along the way.

Upon completion of this module candidates should be able to:

• Analyze, discuss, and present case reports.
• Understand the elements of procurement strategy
• Develop procurement strategy
• Develop and apply tactics that support procurement strategy, including those related to processes, organization, supplier selection, and relationships, decision-making, and technology
• Analyze or direct others in the analysis of make or buy decisions, price, cost, quality, inventory, and total cost of ownership
• Apply or direct others in the application of tools to evaluate suppliers and produce statements of work

REFUND POLICY

You are eligible for a full refund for cancellation/withdrawal requests received in writing up to 14 days before the start date.

You are eligible for a refund minus an administration fee of $100.00 plus tax for cancellation/withdrawal requests received in writing with less than 14 days’ notice and up to the day before the start date. Thereafter, no refund will be available. 

Within 7 days of the start date, you may request a transfer to or a credit for a future offering. Transfer/credit requests will only be considered if received in writing. Credits are valid for 12 months from the initial payment date. If not used within 12 months the credits will expire.

FAQ

What is the asynchronous learning?

Asynchronous learning is a form of online, self-study and is designed for those who prefer to work at their own pace, while meeting submission deadlines as defined in the course overview. Learners will not have live, scheduled meetings or classes, but will participate via our learning management system, Brightspace (D2L), where information, ideas and learning experiences can be shared. Learners will also have access to an instructor.

What is synchronous learning?

Synchronous learning, previously known at Supply Chain Canada as virtual, instructor led. Learners will have live, scheduled classes via Zoom with the instructor and fellow classmates. This format is designed for those looking for an interactive learning experience, and to network with other participants. Learners may have readings and assignments to complete ahead of the start dates that will facilitate the multi-day class discussion. Participants are expected to remain up to date with the deadlines provided. Please NOTE the time zone in which you register for synchronous courses. Please NOTE the time zone when you register for this format as there are multiple options.

View full SCMP Schedule: SCMP Link

View full SMT Schedule: SMT Link