{"product_id":"procurement-purchasing-management","title":"Procurement \u0026 Purchasing Management","description":"\u003cp class=\"course-intro\"\u003eLearn the basics of the supply chain process, purchasing, contracting issues, and management in the Procurement  Purchasing Management course.\u003c\/p\u003e\u003cul class=\"course-facts\"\u003e\n\u003cli\u003e270 course hrs\u003c\/li\u003e\n\u003cli\u003eCode GES2105\u003c\/li\u003e\n\u003cli\u003eOpen enrollment\u003c\/li\u003e\n\u003cli\u003eSelf paced\u003c\/li\u003e\n\u003c\/ul\u003e\u003cnav class=\"course-nav\"\u003e\u003ca href=\"#overview\"\u003eOverview\u003c\/a\u003e\u003ca href=\"#objective\"\u003eObjective\u003c\/a\u003e\u003ca href=\"#outline\"\u003eOutline\u003c\/a\u003e\u003ca href=\"#requirements\"\u003eRequirements\u003c\/a\u003e\u003ca href=\"#prerequisites\"\u003ePrerequisites\u003c\/a\u003e\u003ca href=\"#instructor\"\u003eInstructor\u003c\/a\u003e\u003ca href=\"#faqs\"\u003eFAQs\u003c\/a\u003e\u003c\/nav\u003e\u003ch3 id=\"overview\"\u003eOverview\u003c\/h3\u003e\u003cdiv class=\"course-sec\"\u003e\n\u003cp\u003eA career in purchasing can be fun and rewarding if you have the right skill set to succeed on the job. According to the U.S. Bureau of Labor Statistics, the number of available jobs in 2020 is 513,400. The median annual wage for buyers and purchasing agents was $63,470, and the median annual salary for purchasing managers was $127,150 in May 2021.\u003c\/p\u003e\n\u003cp\u003eBuyers and purchasing agents buy products and services for organizations to use or to resell. But the job isn't as simple as just shopping. These professionals must consider many factors when purchasing such as budget, price, availability, demand, logistics, reliability of suppliers, and technical support. Purchasing managers oversee the work of buyers and purchasing agents. In addition, they must be able to accurately report on activity and forecast future events.\u003c\/p\u003e\n\u003cp\u003eThe Procurement \u0026amp; Purchasing Management course will introduce you to the basics of the supply chain process, management, purchasing, and contracting issues to provide you with the skills you need for a successful career. It is designed for anyone working in or interested in working in purchasing, logistics, or procurement.\u003c\/p\u003e\n\u003c\/div\u003e\u003ch3 id=\"objective\"\u003eObjective\u003c\/h3\u003e\u003cdiv class=\"course-sec\"\u003e\n\u003cp\u003e\u003cstrong\u003eWhat you will learn\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e \u003cli\u003eHow to prepare and manage a budget in an organization\u003c\/li\u003e \u003cli\u003eHow to manage the supplier selecting process\u003c\/li\u003e \u003cli\u003eHow to manage the contracting process\u003c\/li\u003e \u003cli\u003eHow to evaluate price and costs\u003c\/li\u003e \u003cli\u003eEffective negotiation and communication techniques\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003eHow you will benefit\u003c\/strong\u003e\u003c\/p\u003e\n\u003cul\u003e \u003cli\u003eGain practical skills and knowledge you need to enter a purchasing organization.\u003c\/li\u003e \u003cli\u003eProve to employers that you have mastered the skills to work in purchasing.\u003c\/li\u003e \u003cli\u003eGain confidence in your ability to speak the languages of purchasers and negotiate deals.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\u003ch3 id=\"outline\"\u003eOutline\u003c\/h3\u003e\u003cdiv class=\"course-sec\"\u003e\u003col style=\"list-style-type: upper-roman;\"\u003e \u003cli\u003ePurchasing Management \u003col style=\"list-style-type: upper-latin;\"\u003e \u003cli\u003eEssentials of Purchasing\u003c\/li\u003e \u003cli\u003eBudgeting Essentials\u003c\/li\u003e \u003cli\u003eThe Procurement Process\u003c\/li\u003e \u003cli\u003eSupplier Contracting\u003c\/li\u003e \u003cli\u003ePrice and Cost Analysis\u003c\/li\u003e \u003cli\u003eManagement Essentials\u003c\/li\u003e \u003cli\u003eNegotiation Strategies\u003c\/li\u003e \u003cli\u003ePersuasive Communication\u003c\/li\u003e \u003cli\u003eLegal Aspects of Contracts\u003c\/li\u003e \u003c\/ol\u003e \u003c\/li\u003e \u003cli\u003eEssentials of Purchasing \u003col style=\"list-style-type: upper-latin;\"\u003e \u003cli\u003ePurchasing function in the organization\u003c\/li\u003e \u003cli\u003eInterdependencies the purchasing function has within the organization\u003c\/li\u003e \u003cli\u003eThe impact the purchasing function has on the financial statements\u003c\/li\u003e \u003cli\u003eOrganization and administration aspects of purchasing\u003c\/li\u003e \u003cli\u003eGlobal sourcing in purchasing\u003c\/li\u003e \u003cli\u003eRegulatory agencies\u003c\/li\u003e \u003c\/ol\u003e \u003c\/li\u003e \u003cli\u003eBudgeting Essentials \u003col style=\"list-style-type: upper-latin;\"\u003e \u003cli\u003eConcept of budgeting\u003c\/li\u003e \u003cli\u003eActivity-based budgeting\u003c\/li\u003e \u003cli\u003eFactors that impact budgeting\u003c\/li\u003e \u003cli\u003eProduction Planning\u003c\/li\u003e \u003cli\u003eHow inventory impacts the budgeting process\u003c\/li\u003e \u003c\/ol\u003e \u003c\/li\u003e \u003cli\u003eProcurement Process \u003col style=\"list-style-type: upper-latin;\"\u003e \u003cli\u003eElements of supplier selection process\u003c\/li\u003e \u003cli\u003eThe supplier evaluation process\u003c\/li\u003e \u003cli\u003eThe bidding process\u003c\/li\u003e \u003cli\u003eThe procurement process\u003c\/li\u003e \u003c\/ol\u003e \u003c\/li\u003e \u003cli\u003eSupplier Contracting \u003col style=\"list-style-type: upper-latin;\"\u003e \u003cli\u003eGeneral Contract Principles\u003c\/li\u003e \u003cli\u003eContract drafting\u003c\/li\u003e \u003cli\u003eTypes of contracts used in purchasing\u003c\/li\u003e \u003cli\u003eAgency law determines who has the authority act on behalf of the organization\u003c\/li\u003e \u003c\/ol\u003e \u003c\/li\u003e \u003cli\u003ePrice and Cost Analysis \u003col style=\"list-style-type: upper-latin;\"\u003e \u003cli\u003ePrice evaluation\u003c\/li\u003e \u003cli\u003eUse of data\u003c\/li\u003e \u003cli\u003eStrategic cost analysis\u003c\/li\u003e \u003cli\u003eTiming and Outsourcing\u003c\/li\u003e \u003c\/ol\u003e \u003c\/li\u003e \u003cli\u003eManagement Essentials \u003col style=\"list-style-type: upper-latin;\"\u003e \u003cli\u003eThe culture of an organization\u003c\/li\u003e \u003cli\u003eOrganizational change and resistance to change\u003c\/li\u003e \u003cli\u003ePower and influence leaders use\u003c\/li\u003e \u003cli\u003eLeadership theories\u003c\/li\u003e \u003cli\u003eStrategies and Strategic thinking\u003c\/li\u003e \u003cli\u003eDecision-Making\u003c\/li\u003e \u003cli\u003eManaging quality with \"best practices\"\u003c\/li\u003e \u003cli\u003eHuman Resource procedures and policies\u003c\/li\u003e \u003cli\u003eFinancial accountability\u003c\/li\u003e \u003c\/ol\u003e \u003c\/li\u003e \u003cli\u003eNegotiation Strategies \u003col style=\"list-style-type: upper-latin;\"\u003e \u003cli\u003eSteps in Negotiating\u003c\/li\u003e \u003cli\u003eTools used in the negotiation process\u003c\/li\u003e \u003cli\u003eTypes of negotiations\u003c\/li\u003e \u003cli\u003ePersonality types in negotiations\u003c\/li\u003e \u003cli\u003ePreparing for negotiations\u003c\/li\u003e \u003cli\u003eDetermining your BATNA in negotiations\u003c\/li\u003e \u003c\/ol\u003e \u003c\/li\u003e \u003cli\u003ePersuasive Communication \u003col style=\"list-style-type: upper-latin;\"\u003e \u003cli\u003eFundamentals of communication\u003c\/li\u003e \u003cli\u003eThe importance of knowing the audience in persuasive communication\u003c\/li\u003e \u003cli\u003eThe power of listening\u003c\/li\u003e \u003cli\u003eCredibility of the speaker is key in persuasion\u003c\/li\u003e \u003cli\u003eEvidence in persuasion\u003c\/li\u003e \u003cli\u003eEmotion in persuasion\u003c\/li\u003e \u003cli\u003eOrganizing the argument\u003c\/li\u003e \u003cli\u003eDefining of strategic management in operations\u003c\/li\u003e \u003cli\u003eMindset of strategic thinking\u003c\/li\u003e \u003cli\u003eStrategic planning models\u003c\/li\u003e \u003cli\u003eQuestions to ask when creating strategic alternatives\u003c\/li\u003e \u003cli\u003eCriteria for implementation\u003c\/li\u003e \u003c\/ol\u003e \u003c\/li\u003e \u003cli\u003eLegal Aspects of Contracts \u003col style=\"list-style-type: upper-latin;\"\u003e \u003cli\u003eIntroduction\u003c\/li\u003e \u003cli\u003eWhat is a Contract?\u003c\/li\u003e \u003cli\u003eElements of a Contract\u003c\/li\u003e \u003cli\u003eDuties and Obligations\u003c\/li\u003e \u003cli\u003eWhat is the Deal?\u003c\/li\u003e \u003cli\u003eLegal Representation\u003c\/li\u003e \u003cli\u003eGood Faith and Conclusion\u003c\/li\u003e \u003c\/ol\u003e \u003c\/li\u003e \u003cli\u003eProcurement Technology \u003col style=\"list-style-type: upper-latin;\"\u003e \u003cli\u003e E-Procurement Systems\u003c\/li\u003e \u003cli\u003e Technology Infrastructure\u003c\/li\u003e \u003cli\u003e Supplier Relationship Management\u003c\/li\u003e \u003cli\u003e Artificial Intelligence\u003c\/li\u003e \u003cli\u003e Blockchain\u003c\/li\u003e \u003c\/ol\u003e \u003c\/li\u003e\n\u003c\/ol\u003e\u003c\/div\u003e\u003ch3 id=\"requirements\"\u003eRequirements\u003c\/h3\u003e\u003cdiv class=\"course-sec\"\u003e\n\u003cp\u003e\u003cstrong\u003eRequirements:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eHardware Requirements:\u003c\/p\u003e\n\u003cul\u003e \u003cli\u003eThis course can be taken on either a PC or Mac.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eSoftware Requirements:\u003c\/p\u003e\n\u003cul\u003e \u003cli\u003ePC: Windows 7 or later.\u003c\/li\u003e \u003cli\u003eMac: macOS 12 or later.\u003c\/li\u003e \u003cli\u003eBrowser: The latest version of Google Chrome or Mozilla Firefox are preferred. Microsoft Edge and Safari are also compatible.\u003c\/li\u003e \u003cli\u003eMicrosoft Office or equivalent (not included in enrollment).\u003c\/li\u003e \u003cli\u003e Adobe Acrobat Reader .\u003c\/li\u003e \u003cli\u003eSoftware must be installed and fully operational before the course begins.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eOther:\u003c\/p\u003e\n\u003cul\u003e \u003cli\u003eEmail capabilities and access to a personal email account.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003eInstructional Material Requirements:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThe instructional materials required for this course are included in enrollment. The following textbooks will be shipped to you approximately 7-10 business days after enrollment:\u003c\/p\u003e\n\u003cul\u003e \u003cli\u003e\u003cem\u003eThe Essential Manager's Handbook\u003c\/em\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cstrong\u003ePlease note: You will receive a digital book if the physical book is on backorder.\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/div\u003e\u003ch3 id=\"prerequisites\"\u003ePrerequisites\u003c\/h3\u003e\u003cdiv class=\"course-sec\"\u003e\n\u003cp\u003e\u003cstrong\u003ePrerequisites:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThere are no specific prerequisites for this course.\u003c\/p\u003e You've got questions.\u003cbr\u003e We're here to help.\u003c\/div\u003e\u003ch3 id=\"instructor\"\u003eInstructor\u003c\/h3\u003e\u003cdiv class=\"course-sec\"\u003e\n\u003cp\u003e\u003cstrong\u003eKatherine Squires Pang\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eKatherine Squires Pang, J.D., LL.M., M.Ed has practiced law with since 1983. She 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 of many universities, including New York University and the University of California, Irvine. She 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.\u003c\/p\u003e\n\u003c\/div\u003e\u003ch3 id=\"faqs\"\u003eFAQs\u003c\/h3\u003e\u003cdiv class=\"course-sec\"\u003e\n\u003cp\u003e\u003cstrong\u003eDoes this course prepare you for a certification?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eNo.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eWhen can I start the course?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThis course is open enrollment, so you can register and start the course as soon as you are ready. Access to your course can take 24-48 business hours.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eHow long does it take to complete this course?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThis course is self-paced and open enrollment, so you can start when you want and finish at your own pace. When you register, you'll receive six (6) months to complete the course.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eWhat if I don't have enough time to complete my course within the time frame provided?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThe time allotted for course completion has been calculated based on the number of course hours. However, if you are unable to complete the course, contact the student advising team to see what options you may have available to work out a suitable completion date. Please note that an extension fee may be charged.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eWhat kind of support will I receive?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eOur courses are designed to accommodate various learning preferences. Depending on the course structure, you may get different forms of support. Self-paced courses are designed to be user-friendly and independent, minimizing the need for external support. In courses with instructors, our direct platform support feature includes opportunities for questions, discussions, and remediation, with email and phone support available for select courses. Our student advising team is available to guide you on program requirements and administrative requests, but they do not provide assistance with course content. Our goal is to provide you with the necessary support for success, whether it's through self-paced exploration, direct communication, or guidance from our advising team.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eWhat happens when I complete the course?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eUpon successful completion of the course, you will be awarded a Certificate of Completion.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eAm I guaranteed a job?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThis course will provide you with the skills you need to obtain an entry-level position in most cases. Potential students should always do research on the job market in their area before registering.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eCan I get financial assistance?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThis course is non-credit, so it does not qualify for federal aid, FAFSA and Pell Grant. In some states, vocational rehab or workforce development boards will pay for qualified students to take our courses. Additionally, some students may qualify for financial assistance when they enroll, if they meet certain requirements. Financing is available from select schools. Learn more about financial assistance. \u003c\/p\u003e \u003cp\u003e\u003cstrong\u003eHow can I get more information about this course?\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eIf you have questions that are not answered on our website, representatives are available by phone. You can also call us at 1-855-532-7642 during regular business hours to have your questions promptly answered. If you are visiting us during non-business hours, please send us a question using the \"Contact Us\" form.\u003c\/p\u003e You've got questions.\u003cbr\u003e We're here to help.\u003c\/div\u003e","brand":"Hope Training Academy","offers":[{"title":"Default Title","offer_id":47318472851644,"sku":"_GES2105","price":3306.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0742\/1391\/6860\/files\/GES2105-Procurement-and-Purchasing-Management-935x572.jpg?v=1787968494","url":"https:\/\/store.hopetrainingacademy.org\/products\/procurement-purchasing-management","provider":"Hope Training Academy dba Video Game Palooza","version":"1.0","type":"link"}