In this course, you will learn to recognize the elements that comprise best value and total cost of ownership, and how to evaluate them. • TCO and Best Value Concepts • TCO Elements • Best Value Considerations • TCO Teams • TCO and Supplier Innovation
By taking this course, you will learn to understand the concepts of strategic sourcing, create a supplier selection framework for your company, improve the performance of your supply chain, and identify opportunities for operational improvements.
This course examines the various aspects of pricing that are keys to effectively controlling the organization’s supply management operations, examining those elements operating in the market that affect prices. It will provide the tools needed to properly analyze prices, develop an understanding of how market conditions affect prices and enable you to determine what constitutes a fair and reasonable price. By taking this course, you will learn how to: · Identify the typical elements of supplier pricing · Recognize the components of value · Appreciate the nature of risk · Understand the concept of Total Cost of Ownership · Define negotiating issues related to price
In this course, you will learn how to effectively conduct spend analysis. This course will provide you with an understanding of spend analysis, show you how to gather and use existing data to perform spend analysis, show you how to ratiionalize the data you have gathered and enable you to develop your own spend analysis program.
In this course you will learn to recognize the function and elements of an RFP, and understand its role in the supplier selection process. The course will demonstrate how to: – Initiate and manage the RFP process – Identify critical stakeholder requirements – Build an effective RFP – Evaluate RFP responses – Use the RFP scorecard to select a supplier – Outline a Service Level Agreement
In this course, you will learn how to identify and manage risk in sourcing and procurement activities.
This course examines the requirements for conducting business ethically and in a socially responsible manner.
In this course you will learn the purpose of monitoring supplier performance and a method to use for conducting supplier reviews.
In this course, you will learn how sourcing and procurement support the introduction of new products or services for an organization.
In this course, you will learn: The relationship between Supply Chain Management and Logistics How Logistics can provide a competitive advantage The mission of logistics management How the logistics environment is changing