Procurement and Supply Management

Price of course: $199.00
Estimated length: 8 hours
Access Time: 180 days
Total PMI PDUs/Contact Hours: 8
  • Leadership: 3
  • Strategic & Business Mgmt: 3.5
  • Technical: 1.5
IACET CEUs: .8

Course Description

This course explains the evolution from the transactional purchasing or procurement function into the strategic process of supply management. It introduces key concepts and ideas that can be used to successfully source and manage suppliers and to deal with issues that may arise across the supply chain. The course is divided into modules that explain supply management basics; describe strategic, ethical, and sustainable sourcing; and discuss supply chain leadership and integration. Course participants will explore supply management from several viewpoints; align sourcing, communication, and management strategies; and incorporate ethical and sustainable practices into the supply chain. Trends and changes to the profession due to the Internet and emerging technologies are also discussed.


Learning Outcomes:

  • Discuss the importance of internal and external relationships in managing suppliers and developing a sourcing strategy
  • Articulate ways to enhance communication across the supply chain
  • Manage and continuously improve supplier performance
  • Determine the effects of e-procurement on supply management
  • Identify and manage supply risk, measure performance, and overcome organizational barriers to supply chain excellence
  • Understand the need for leadership and diversity within the supply chain

Key Features

  • Expert-supported
  • Mobile-friendly
  • Accessible
  • Badge and credit-awarding
  • Games & Flashcards
  • Video content
  • Audio-enabled in app

Refund Policy

You may request a refund up to 5 days from the purchase date. The registration fee will only be refunded if less than 10% of the course has been completed. Completion percentage can be viewed on the Course Progress page from within the course.


Notes

Estimated time to complete: 8 hours

This course has an "Ask the Expert" feature, which submits your questions directly to an expert in the field you are studying. Questions are answered as quickly as possible and usually within 24 hours.

This course does not require any additional purchases of supplementary materials.

Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEU credit. Learners will have three attempts at all graded assessments.

Project Management Institute, PMI, the Registered Education Provider logo, Project Management Professional, PMP, Project Management Body of Knowledge, PMBOK, PMI Agile Certified Practitioner, PMI-ACP, PMI Risk Management Professional, PMI-RMP, the PMI Talent Triangle, and the PMI Talent Triangle logo are marks of the Project Management Institute, Inc.

Information in this course has been taken from A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) — Sixth Edition, Project Management Institute Inc., 2017.

The following list outlines the PDUs you will earn for completing this course, based on the certification you have.

  • PMP®/PgMP®
    • Technical: 1.5
    • Leadership: 3
    • Strategic/Business: 3.5
    • TOTAL: 8
  • PMI-RMP®
    • Technical: 0.25
    • Leadership: 3
    • Strategic/Business: 3.5
    • TOTAL: 6.75
  • PMI-SP®
    • Technical: 0
    • Leadership: 3
    • Strategic/Business: 3.5
    • TOTAL: 6.5
  • PMI-ACP®
    • Technical: 0
    • Leadership: 3
    • Strategic/Business: 3.5
    • TOTAL: 6.5
  • PfMP®
    • Technical: 1.5
    • Leadership: 3
    • Strategic/Business: 3.5
    • TOTAL: 8
  • PMI-PBA®
    • Technical: 0
    • Leadership: 3
    • Strategic/Business: 3.5
    • TOTAL: 6.5