The focus of this course is on matters of tactical significance, from defining supply management for an organization to identifying specific tools and techniques that are often used in the procurement process.

The lessons in this course are interrelated. In Lesson 1, we discuss what a supply chain is and how purchasing fits within the overall supply chain. This will be followed by exploring the following concepts and tools:

• Tendering
• Sourcing
• Supplier Evaluation and Selection
• Ethics
• Lean Supply (Inventory) Basics
• Cost Management, Total Cost of Ownership, Break-Even
• Learning Curve
• Information Technology Use in Purchasing
• Negotiation
• Contract and Canadian Competitive Bidding Laws
• Quality Needs
• Buying Services
• Performance Evaluation
• Government Purchasing and Resale/Retail Buying

Upon completion of this course, candidates should be able to:

• Describe the historical developments of procurement and how it fits within an overall supply chain
• Define supply chain management, value chain and purchasing
• Define types of tender processes and explain their uses
• Understand the integration of supply chain with enterprise objectives
• Explain best practices for sourcing, selecting and evaluating suppliers
• Explain contract formation, the competitive bidding laws of Canada and ethics
• Apply negotiation tactics and techniques appropriately
• Appreciate the use of calculations for the total cost of ownership, the break-even point, cost management and the learning curve
• Understand the need for quality from suppliers
• Describe the basics and need for lean inventory management
• Explain the differences between commercial, government and retail buying of goods and services

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.