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ed2go Business Operations Purchasing and Supply Chain Management
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supply-chain-management

Purchasing and Supply Chain Management

The Purchasing and Supply Chain Management program will show you the integrated approach to planning, acquisition, flow, and distribution, from raw materials to finished products. Topics such as developing a corporate culture, working successfully with teams, developing and implementing successful people management strategies, and workflow and performance management will be explored in this program. You'll also learn what makes a successful entrepreneur, and you'll develop an understanding of the basics of marketing management and the strategies involved in developing a marketing plan. The art of negotiation is covered in great detail, giving you a foundation for negotiating with great awareness and effectiveness.

This program/course is a good choice for those looking for project management experience and those aspiring to obtain a PMI credential. It's also an excellent choice for existing PMI credential holders looking for an approved activity for PMI's continuing certification PDUs. At the end of this course, you'll receive a certificate indicating your completion of PDUs equal to the number of hours of this course through ed2go, R.E.P. #3213. Please visit pmi.org to learn more about PMI's credentials and how they may fit into your continuing education plans.

6 Months / 300 Course Hrs
Open Enrollment

Offered in Partnership with your Preferred School

George Mason University Why this school? It's been chosen based on your location or if you've visited this school's website.

Financial Assistance Available*

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Learning Method

Instructor-led Self-Paced: Study at your own schedule

Contact Us

Purchasing and Supply Chain Management

Learning Method

Instructor-led Self-Paced: Study at your own schedule

Contact Us

Purchasing and Supply Chain Management Details + Objective

Course Code: GES411

You Will Learn
  • Be familiar with the basics of purchasing and the purchasing environment in the private sector
  • Gain an understanding of the various approaches, tools, and strategies used in negotiations
  • Learn the fundamentals of the budgeting process and managing the process in an organization
  • Become aware of the basic subjects in the field of price and cost analysis from a purchasing and production perspective
How the course is taught
  • Self-paced, online course
  • 6 months to complete
  • Open enrollment, begin anytime
  • 300 course hours
How you will benefit
  • Develop a deep understanding of the art of negotiation, which will help you in creating contracts with clients and potential employers
  • Learn the communication skills necessary to be an effective project and supply chain manager
  • Gain valuable project management experience and work toward receiving your PMI credential
  • Know how to efficiently manage both projects and people, which will enable you to thrive in any professional managerial setting

Purchasing and Supply Chain Management Reviews

Purchasing and Supply Chain Management Outline
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Essentials of Purchasing and the Supply Chain Process

Understand the fundamentals of purchasing for an organization. Learn how to read financial statements and how global sourcing works. Discuss the regulatory agencies associating with purchasing for supply chain. You’ll also cover everything you need to know about the acquisition of good and services, quantity and demand, and the planning process involved in placing a large order.

Management and Budgeting Essentials

Learn what it takes to successfully manage a team of people. You’ll cover how to communicate within different company cultures, and best practices for creating strategies, decision making, and accountability. Move on to discuss the basics of budgeting, what to know about production planning, and how to take inventory and create a sample budget.

The Procurement Process and Supplier Contracting

Receive an overview of the procurement process including elements of supplier selection, supplier evaluation, and the bidding process. Move on to discuss supplier contracting including general contract principles, contract drafting, and different types of purchasing contracts.

Communication and Negotiation Strategies

Master the art of persuasive communication. In this section of the course, you’ll be taught how to know your audience, organize your argument, and how to effectively place evidence and emotion in your persuasive thought. You’ll also cover powerful negotiating strategies that play to different personality types and situations.

Price and Cost Analysis

Take a deep dive into price and cost analysis. You’ll learn about pricing evaluation, how to research and use data to create a price estimate, and how to factor in timing and outsourcing.

Legal Aspects of Contracts

Understand what a contract is and how you, vendors, clients, and coworkers will be held legally responsible for one. Discuss the elements of a contract, duties and obligations of a contracted deal, and when to seek legal representation.

Program Details
  1. Essentials of Purchasing
    1. Introduction and Overview
    2. Interdependencies of Purchasing
    3. Purchasing and Financial Statements
    4. Purchasing Administration
    5. Global Sourcing
    6. Regulatory Agencies
    7. Good Faith and Conclusion
  2. The Supply Chain Process
    1. Introduction
    2. Acquisition of Goods and Services
    3. Quantity and Demand
    4. Planning Process
    5. Material Planning Tools
    6. Flow of Materials
    7. Summary
  3. Management Essentials
    1. Introduction and Components of a Successful Manager
    2. Organizational Culture and Change
    3. Power and Perceptions
    4. Leadership and Risk
    5. Strategies, Decision Making, Empowerment, and Accountability
    6. Customer Relationship Management and Quality
    7. Human Resource Management
    8. Financial Accountability
    9. Summary
  4. Budgeting Essentials
    1. Introduction
    2. The Concept of Budgeting
    3. Activity-based Budgeting
    4. Factors to Consider in Budgeting
    5. Production Planning
    6. Inventory
    7. Sample Budget and Summary
  5. The Procurement Process
    1. Introduction and Overview
    2. Elements of Supplier Selection
    3. Supplier Evaluation
    4. The Bidding Process
    5. Summary of the Procurement Process
  6. Supplier Contracting
    1. Introduction
    2. General Contract Principles
    3. General Contract Principles Continued
    4. Contract Drafting
    5. Contract Drafting Continued
    6. Types of Purchasing Contracts
    7. Agency and Summary
  7. Persuasive Communication
    1. Introduction
    2. Fundamentals of Communication
    3. Knowing the Audience
    4. The Power of Listening
    5. Credibility of the Speaker
    6. Evidence in Persuasion
    7. Emotion in Persuasion
    8. Organizing the Argument
    9. Summary
  8. Negotiating Strategies
    1. Introduction
    2. Steps in Negotiating
    3. Tools in Negotiatingv
    4. Types of Negotiations
    5. Personality Types
    6. Preparing for Negotiations
    7. BATNA and Summary
  9. Price and Cost Analysis
    1. Introduction
    2. Pricing Evaluation
    3. Use of Data
    4. Strategic Cost Analysis
    5. Timing and Outsourcing
    6. Summary
  10. Legal Aspects of Contracts
    1. Introduction and Overview
    2. What is a Contract?
    3. Elements of a Contract
    4. Duties and Obligations
    5. What is the Deal?
    6. Legal Representation
    7. Good Faith and Conclusion
View All Sections
Purchasing and Supply Chain Management Instructors
Katherine Squires Pang, J.D., LL.M., M.Ed

Katherine Squires Pang, J.D., LL.M., M.Ed received her B.A. in 1980 from Clark University, her J.D. from the University of Dayton Law School in 1982, her LL.M in Taxation from Georgetown University Law School in 1983, and her M.Ed from the University of Texas in 2001. She has practiced law with national law firms since 1983, ran for the United States Senate in California in 1994, and was appointed by Governor Wilson as a Commissioner to the WCAB from 1994 to 1996. Dr. Pang has served as an adjunct faculty member in the Graduate School of Management at the University of Texas, Dallas, and has been an adjunct faculty member in the law and business schools of many universities, including the Stern School of Business at New York University, Pepperdine University, USC, Golden Gate University, and the University of California, Irvine. In addition to having over 20 years of law firm experience, Dr. Pang has founded several companies, including LawPrep, Inc., LawPrep Press, Inc., Legal EdNet.com, and EdWay Online. From 1989 to 1996, Dr. Pang authored several books, videos, and interactive CD-ROMs. Dr. Pang was also the manager for firm-wide practice section development, training, and forms for Akin, Gump, Strauss, Hauer, and Feld, L.L.P. Dr. Pang has experience providing multimedia, interactive distributed learning to working professionals and adult learners in law and business through a variety of technologies, including video streaming and online conferencing (Webcasts, synchronous and asynchronous threaded discussion boards, and chat rooms) via the Internet and satellite, as well as ISDN-based videoconferencing on CD-ROM. Dr. Pang has been a speaker at the MEC 2001 Conference: Turning a New Page in Educational Technologies, sponsored by Arizona State University; the 2001 Conference on Training and Knowledge Management: Moving Beyond Training, sponsored by Generation 21 Learning Management Systems; and a speaker at various other e-learning conferences. She has design, development, implementation, and managerial experience in educational multimedia course design and creation. She has been responsible for course design and delivery using Macromedia Director, Windows Media Player, FrontPage, PowerPoint, Blackboard, Prometheus, WebCT, Webboard, and a host of other proprietary platforms. She also has experience with digital video, MPEG, MOV, and AVI Files.

Rose Roberts

Rose Roberts has 20 years of experience helping organizations develop purchasing strategies and implement process improvements. Through her leadership and coaching, Rose has helped purchasing departments and executive teams recognize the value of formulating strategies, employing methodologies, and measuring results. She has broad experience working with OEM's in a variety of industries, both foreign and domestic. Supplier selection and qualification, global sourcing strategies, cost reduction techniques, cross-functional development, and utilization of metrics have been key focus areas, allowing organizations she’s worked with earn world-class distinction. Rose has earned and maintained C.P.M. designation since 1995 and has a B.B.A from the University of Texas. Professional affiliations include Institute for Supply Chain Management, Dresser Purchasing Council, and Female Executive Mentorship Program.

Purchasing and Supply Chain Management Requirements / Prerequisites

There are no specific prerequisites for this program. However, basic computer skills, including the ability to navigate the Internet and use e-mail, are required. This program is intended for anyone currently working in, or planning to work in, procurement management, supply management, a purchasing department, or any other area involved with procurement or supply.

This program is compatible with both PC and Mac computers. PCs require Windows XP or later operating systems with IE8 or later browsers. Mac computers require Safari browser. (A high-speed Internet connection is highly recommended.) In addition, you may require Adobe Reader, Flash Plug-in, and a QuickTime plug-in on your computer (all are available through free downloads).

ed2go will provide the following required textbooks for this program:

  • Budgeting for Managers
  • Purchasing and Supply Chain Management: Analysis, Strategy, Planning
  • Practice Successful Manager's Handbook Bargaining for Advantage
Purchasing and Supply Chain Management Frequently Asked Questions
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Can I register for programs if I am an international student?

Yes, because ed2go programs are online you never have to actually travel to the school. Most schools offer telephone or online registration.

How long does it take to complete a program?

All of our programs are self-paced and open enrollment, so you can start them when you want and finish them at your own pace. Upon registering, you're given six months to complete this program. 

Do I have to buy additional materials?

All the materials you'll need are included, and their cost will be covered by your tuition. ed2go will ship all materials ground service upon enrollment.

Can I get financial assistance?

ed2go courses are non-credit courses, so they do not qualify for federal aid. In some states, vocational rehab or workforce development boards will pay for qualified students to take our courses.

What happens when I complete the program?

Upon successful completion of the program, you will be awarded a certificate of completion.

Am I guaranteed a job?

ed2go programs will provide you with the skills you need to obtain an entry-level position in most cases. We don't provide direct job placement services, but our facilitators and career counselors will help you build your resume and are available to give advice on finding your first job. Facilitators will also be available to use as a professional reference upon completion of the program. Potential students should always do research on the job market in their area before registering.

Who will be my instructor?

Each student is paired up with a facilitator for one-on-one interaction. The facilitator will be available (via e-mail) to answer any questions you may have and to provide feedback on your performance. All of our facilitators are successful working professionals in the fields in which they teach.

What software or hardware do I need in order to take online programs and what are the system requirements?

In order to take our online programs, you must have access to a computer and the Internet. You can access the program contents from any Web-enabled computer. You don't have to use the same computer to log-in to the program every time. We recommend that you have a word-processing program (Microsoft Word is best) and the latest version of Internet Explorer.

Can I use a Mac?

Yes, this program is compatible with both PC and Mac computers. 

How can I get more information about the program?

If you have questions that are not answered on our website, please feel free to contact us via LIVE chat (click the button toward the top of the page). If you are visiting us during non-business hours, please feel free to send us a question using the "Contact Us" form to the right. You may also call us at (855) 534-3690. We will answer your questions promptly.

When can I start the program?

Our programs are all open enrollment. You can register and start the program as soon as you are ready.

Please note: Once the program curriculum is accessed online or through submission of a material shipment confirmation, refunds cannot be issued.

What does the PMI R.E.P. logo signify, and how does it help me?

ed2go is a global Registered Education Provider for the Project Management Institute (PMI). Registered Education Providers (R.E.P.s) offer programs and courses that are preapproved for professional development units through PMI and have been reviewed by a project management professional (PMP) to ensure that they meet PMI's expectations for professional development in project management.

This program/course is a good choice for those looking for project management experience and those aspiring to obtain a PMI credential. It's also an excellent choice for existing PMI credential holders looking for an approved activity for PMI's continuing certification PDUs. At the end of this course, you'll receive a certificate indicating your completion of PDUs equal to the number of hours of this course through ed2go, R.E.P. #3213. Please visit pmi.org to learn more about PMI's credentials and how they may fit into your continuing education plans. PMBOK® Guide, PMI®, PMP®, CAPM®, and the PMI R.E.P. logo are either marks or registered marks of the Project Management Institute, Inc.

What if I don't have enough time to complete my program within the time frame provided?

The time allotted to complete your program has been calculated based on the number of hours for each program, so don't worry too much about not completing in time. If, after a concerted effort, you are still unable to complete, your Student Advisor will help you work out a suitable completion date. Please note that a fee may be charged for an extension.

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Speak with an official admissions counselor via . During non-business hours, please feel free to send us a question using the "Contact Us" button. You can also reach us by phone at (855) 520-6806.