ABOUT THIS COURSE
This course will cover Supplier Selection and Evaluation, Contract Management, Quality & Risk Management, and Ethics.
One of the important decisions that a Procurement professional makes is selecting the right supplier.We will cover how to evaluate suppliers, using a very simple evaluation tool, to select the right suppliers. In contract management we will expose you to six different types of contracts that a procurement professional can consider for the contract. We will highlight 10 risk management strategies that will mitigate risks for your firm. Lastly, we will cover the very important topic of procurement ethics-what to do and not to do in ethically dealing with suppliers.
In addition to the videos, there are reading materials, and two cases to support your learnings. Both cases will be assessed via a Peer Group.
Difficulty Level: BEGINNER
Estimated Learning Time: 8 hours
Adjunct Professor, Supply Chain Management
Rutgers Business School