Rutgers the State University of New Jersey
Global Procurement and Sourcing Specialization
Rutgers the State University of New Jersey

Global Procurement and Sourcing Specialization

Learn about Global Procurement and Sourcing. Reviews the key aspects of global procurement and sourcing, and the importance of procurement to the firm, its stakeholders, and suppliers.

Don Klock

Instructor: Don Klock

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Get in-depth knowledge of a subject
4.7

(1,946 reviews)

Beginner level
No prior experience required
1 month
at 10 hours a week
Flexible schedule
Learn at your own pace
Get in-depth knowledge of a subject
4.7

(1,946 reviews)

Beginner level
No prior experience required
1 month
at 10 hours a week
Flexible schedule
Learn at your own pace

What you'll learn

  • Why Procurement is important to the firm and it works within the firm

  • How to select and evaluate suppliers

  • Learn how to analyze supply markets

  • Iimprove your negotiation skills and thereby improve your outcomes

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Taught in English

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  • Develop a deep understanding of key concepts
  • Earn a career certificate from Rutgers the State University of New Jersey
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Specialization - 7 course series

Procurement & Sourcing Introduction

Course 14 hours4.7 (1,491 ratings)

What you'll learn

  • Understand Course Flow and Requirements

Skills you'll gain

Category: Procurement
Category: Supplier Management
Category: Supplier Relationship Management
Category: Purchasing
Category: Supply Chain
Category: Strategic Sourcing

Procurement Basics

Course 25 hours4.7 (544 ratings)

What you'll learn

  • You will learn some basic definitions and discover why procurement is important to the firm

  • GI've you a "basic" flow of procurement processes

  • Learn the difference between Directs and Indirects

  • 10 Key Ways to improve stakeholder (internal customers) management

Skills you'll gain

Category: Stakeholder Communications
Category: Request for Proposal
Category: Request For Quotation (RFQ)
Category: Purchasing
Category: Business Relationship Management
Category: Communication
Category: Internal Communications
Category: Stakeholder Engagement
Category: Cost Reduction
Category: Procurement
Category: Stakeholder Management

Strategic Sourcing

Course 35 hours4.7 (269 ratings)

What you'll learn

  • Learn and understand the various steps in a "proven" 7-step Strategic Sourcing Process

  • Be able to discuss why it is important for the procurement department, your stakeholders and why one should follow a strategic sourcing process

Skills you'll gain

Category: Supply Management
Category: Purchasing
Category: Request For Quotation (RFQ)
Category: Vendor Management
Category: Request for Proposal
Category: Supplier Relationship Management
Category: Strategic Sourcing
Category: Supplier Management
Category: Procurement

Supplier Management

Course 48 hours4.7 (233 ratings)

What you'll learn

  • Learn how to select and evaluate suppliers

  • Review various types of contracts, where they should be used and advantages and disadvantages

  • Understand how to mitigate risks

  • Understand some key ethical considerations in procurement

Skills you'll gain

Category: Vendor Contracts
Category: Supplier Management
Category: Strategic Sourcing
Category: Performance Analysis
Category: Contract Management
Category: Business Ethics
Category: Vendor Management
Category: Risk Management
Category: Supplier Performance Management
Category: Supply Chain Management
Category: Cost Management
Category: Quality Assessment
Category: Procurement
Category: Supplier Relationship Management

Supply Market Analysis

Course 55 hours4.8 (143 ratings)

What you'll learn

  • Learn & understand various tools and techniques to evaluate supply markets from three levels: Macro, Tactical, and Operational/Supplier level

  • Macro Level: PESTLE

  • Tactical Level: Supply Market Segmentation, 5-Forces Analysis, and Supply Chain Mapping

  • Operational/Supplier Level: Key Information Sources, SWOT, and Financial Analysis

Skills you'll gain

Category: Supply Chain
Category: Strategic Sourcing
Category: Financial Analysis
Category: Supply Chain Management
Category: Business Strategy
Category: Supplier Management
Category: Competitive Analysis
Category: Financial Statements
Category: Market Dynamics
Category: Market Analysis

Procurement Negotiation

Course 68 hours4.7 (219 ratings)

What you'll learn

  • Learn when you should and should not negotiate

  • Learn the importance of planning and useful tools to improve your success: e.g. Setting Specific Objectives, MDOs, LAAs, and BANTA

  • Be able to recognize positions & interests, wants & needs, tactics and how to give concessions

  • What are the key steps to follow after the negotiation is complete

Skills you'll gain

Category: Stakeholder Communications
Category: Goal Setting
Category: Negotiation
Category: Procurement
Category: Strategic Sourcing
Category: Communication
Category: Business Research
Category: Business Priorities
Category: Contract Negotiation

Strategic Procurement and Sourcing Conclusions

Course 73 hours4.8 (199 ratings)

What you'll learn

  • Learn from the experts about the future of procurement

  • Rreview and undetand the key takeaways from courses 1 through 6.

  • Test your knowledge through the required final assessment

Skills you'll gain

Category: Strategic Sourcing
Category: Procurement
Category: Supplier Performance Management
Category: Vendor Management
Category: Supply Management
Category: Risk Management

Instructor

Don Klock
14 Courses70,924 learners

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