Procurement and Supply Planning
This course will teach how to make purchasing strategies ,MRP, forecast, inventory policies and techniques to minimize supply costs.
Overview
This course includes:
- 13+ hours of on-demand video
- 15 modules
- Core level
- Direct access/chat with the instructor
- 100% self-paced online
- Many downloadable resources
- Shareable certificate of completion
- How to do forecasting for purchasing and procurement purposes?
- What are the strategies we use for negotiation with suppliers.
- How to do make or buy decisions?
- How to count for safety stock when buying finished products, materials, and components?
- How to segment suppliers to maximize cost?
- The difference between bidding strategies and when to choose each one of them.
- The types of Contracts and when to choose one of them.
- How to mitigate risk when sourcing
Skills You Will Gain
Learning Outcomes (At the end of this program you will be able to)
- Tools and techniques for your procurement journey!
- Know the different kind of organizational purchases and the right inventory planning tools for them.
- Master the forecasting of demand for supply planning
- Excel in negotiation strategies as a procurement professional
- How to segment your suppliers and negotiate with them accordingly.
- Know the delivery terms used in Contracts and purchase orders
- Know the different payment terms used in Contracts.
- Use Make or Buy tools to make Purchasing decisions.
- Understand the terms and conditions in Contracts.
- Know the steps of the Tender Process.
- How to evaluate suppliers and your assets turnover.
- Use MPS and MRP to plan for the quantity and time of issuing orders for material and components.
- The inventory techniques the procurement professional should know.
Prerequisites
- Motivation to learn more on procurement and supply chain.
Who Should Attend
- Supply chain professionals
- Procurement professionals
- Forecasting and inventory practitioners
- Logistics professionals
Curriculum
Instructors
Frequently Asked Questions
How much do the courses at Starweaver cost?
We offer flexible payment options to make learning accessible for everyone. With our Pay-As-You-Go plan, you can pay for each course individually. Alternatively, our Subscription-Based plan provides you with unlimited access to all courses for a monthly or yearly fee.
Do you offer any certifications upon completion of a course at Starweaver?
Yes, we do offer a certification upon completion of our course to showcase your newly acquired skills and expertise.
Does Starweaver offer any free courses or trials?
No, we don't offer any free courses, but we do offer 5-day trial only on our subscriptions-based plans.
Are Starweaver's courses designed for beginners or advanced students?
Our course is designed with three levels to cater to your learning needs - Core, Intermediate, and Advanced. You can choose the level that best suits your knowledge and skillset to enhance your learning experience.
What payment options are available for Starweaver courses?
We accept various payment methods such as major credit cards, PayPal, wire transfer, and company purchase orders. For more information related to payments contact customer support.
Do you offer refunds?
Yes, we do offer a 100% refund guarantee for our courses within a specified time frame. If you are not satisfied with the course, contact our customer support team to request a refund with your order details. Some restrictions may apply.
