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Don Klock
This course is primary focused on Procurement Organization-how to integrate procurement into the business and with your suppliers, review different types of procurement organizations, the importance of having policy and and procedures, how to establish meaningful Key Performance Indicators (KPIs) , and lastly examine the criterial roll of talent. All of this learning is meant to create a "real" competitive advantage for your procurement organization and your firm.
Register for this course and see more details by visiting:
OpenCourser.com/course/13r2qd/procurement
What's inside
Syllabus
Introduction to Course 2 Procurement Organizations
Procurement Integration For a Competitive Advantage
Types of Procurement Organizations to Achieve Results
Read more
Syllabus
Introduction to Course 2 Procurement Organizations
Procurement Integration For a Competitive Advantage
Types of Procurement Organizations to Achieve Results
Read more
Procurement Policy and Procedures
Establishing Meaningful KPIs
Talent
.pdf for the student for Course 2 Lectures
Quiz on Course 2 Procurement Organization
Good to know
Good to know
Know what's good ,
what to watch for , and
possible dealbreakers
Explores procurement integration, which is standard in competitive business environments
Examines procurement organizations, which is relevant to professionals in the field
Introduces policy and procedures in procurement, which is useful in managing and optimizing organizational processes
Emphasizes establishing meaningful KPIs, which is crucial for measuring and monitoring procurement performance
Highlights the pivotal role of talent in procurement, which is essential for building a skilled and effective team
Taught by Don Klock, an experienced instructor in procurement
Save this course
Save Procurement Organizations to your list so you can find it easily later:
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Activities
Be better prepared
before
your course. Deepen your understanding
during
and
after
it. Supplement your coursework and achieve mastery of the topics covered
in Procurement Organizations with these
activities:
Review procurement principles
Show steps
Prepare for the course by reviewing the basic principles of procurement, including sourcing and supplier management.
Browse courses on
Sourcing
Show steps
-
Revisit your notes or textbooks from previous courses on procurement or supply chain management.
-
Enroll in a free online course or watch videos on procurement fundamentals.
-
Read articles or blog posts about current trends and best practices in procurement.
Review Business Communication Basics
Show steps
Prepare yourself for the course by spending some time reviewing the basics of business communication
Browse courses on
Business Communication
Show steps
-
Review slides and notes from a previous business communication course (if available).
-
Read articles and blog posts on business communication best practices.
-
Watch videos on the topic of business communication.
Analyze procurement case studies
Show steps
Enhance your understanding of how procurement theories and concepts are applied in real-world scenarios.
Browse courses on
Supplier Evaluation
Show steps
-
Find case studies from reputable sources such as industry journals or consulting firms.
-
Read the case study thoroughly and identify the key procurement challenges and solutions.
-
Analyze the case study using the procurement concepts covered in the course.
-
Write a brief summary of your analysis and key takeaways.
Five other activities
Expand to see all activities and additional details
Show all eight activities
Form a study group with classmates
Show steps
Collaborate with peers to enhance your understanding of course materials and prepare for assessments.
Show steps
-
Identify classmates who are interested in forming a study group.
-
Establish regular meeting times and locations.
-
Review course materials together.
-
Discuss concepts and ask questions.
-
Prepare for assignments and exams collaboratively.
Attend industry conferences or webinars
Show steps
Connect with professionals in the procurement field to gain insights and expand your knowledge.
Browse courses on
Networking
Show steps
-
Identify relevant industry conferences or webinars related to procurement.
-
Register and attend the events.
-
Engage in discussions and ask questions to learn from speakers and attendees.
-
Follow up with interesting contacts you meet.
Create a resource library
Show steps
Organize and expand your course materials for easy reference and future use.
Show steps
-
Gather all relevant course materials, including lecture notes, assignments, and readings.
-
Digitize any physical materials.
-
Organize the materials into folders or a digital notebook.
-
Review and update the resource library regularly.
Develop a procurement plan
Show steps
Apply the concepts learned in the course to create a comprehensive procurement plan for a real-world scenario.
Show steps
-
Identify a specific procurement need or project.
-
Conduct market research and identify potential suppliers.
-
Develop a sourcing strategy and supplier evaluation criteria.
-
Negotiate and award contracts.
-
Implement and monitor the procurement plan.
Mentor junior procurement professionals
Show steps
Share your knowledge and experience with others to reinforce your own understanding and contribute to the field.
Show steps
-
Identify opportunities to mentor junior procurement professionals through professional organizations or your workplace.
-
Provide guidance and support on procurement concepts and industry best practices.
-
Review and provide feedback on their work.
-
Encourage professional development and networking opportunities.
Review procurement principles
Show steps
Prepare for the course by reviewing the basic principles of procurement, including sourcing and supplier management.
Browse courses on
Sourcing
Show steps
Show steps
Show steps
- Revisit your notes or textbooks from previous courses on procurement or supply chain management.
- Enroll in a free online course or watch videos on procurement fundamentals.
- Read articles or blog posts about current trends and best practices in procurement.
Review Business Communication Basics
Show steps
Prepare yourself for the course by spending some time reviewing the basics of business communication
Browse courses on
Business Communication
Show steps
Show steps
Show steps
- Review slides and notes from a previous business communication course (if available).
- Read articles and blog posts on business communication best practices.
- Watch videos on the topic of business communication.
Analyze procurement case studies
Show steps
Enhance your understanding of how procurement theories and concepts are applied in real-world scenarios.
Browse courses on
Supplier Evaluation
Show steps
Show steps
Show steps
- Find case studies from reputable sources such as industry journals or consulting firms.
- Read the case study thoroughly and identify the key procurement challenges and solutions.
- Analyze the case study using the procurement concepts covered in the course.
- Write a brief summary of your analysis and key takeaways.
Five other activities
Expand to see all activities and additional details
Show all eight activities
Form a study group with classmates
Show steps
Collaborate with peers to enhance your understanding of course materials and prepare for assessments.
Show steps
Show steps
Show steps
- Identify classmates who are interested in forming a study group.
- Establish regular meeting times and locations.
- Review course materials together.
- Discuss concepts and ask questions.
- Prepare for assignments and exams collaboratively.
Attend industry conferences or webinars
Show steps
Connect with professionals in the procurement field to gain insights and expand your knowledge.
Browse courses on
Networking
Show steps
Show steps
Show steps
- Identify relevant industry conferences or webinars related to procurement.
- Register and attend the events.
- Engage in discussions and ask questions to learn from speakers and attendees.
- Follow up with interesting contacts you meet.
Create a resource library
Show steps
Organize and expand your course materials for easy reference and future use.
Show steps
Show steps
Show steps
- Gather all relevant course materials, including lecture notes, assignments, and readings.
- Digitize any physical materials.
- Organize the materials into folders or a digital notebook.
- Review and update the resource library regularly.
Develop a procurement plan
Show steps
Apply the concepts learned in the course to create a comprehensive procurement plan for a real-world scenario.
Show steps
Show steps
Show steps
- Identify a specific procurement need or project.
- Conduct market research and identify potential suppliers.
- Develop a sourcing strategy and supplier evaluation criteria.
- Negotiate and award contracts.
- Implement and monitor the procurement plan.
Mentor junior procurement professionals
Show steps
Share your knowledge and experience with others to reinforce your own understanding and contribute to the field.
Show steps
Show steps
Show steps
- Identify opportunities to mentor junior procurement professionals through professional organizations or your workplace.
- Provide guidance and support on procurement concepts and industry best practices.
- Review and provide feedback on their work.
- Encourage professional development and networking opportunities.
Career center
Learners who complete Procurement Organizations will develop knowledge and skills
that may be useful to these careers:
Procurement Officer
Procurement Officer
Procurement Officers are responsible for developing and implementing procurement strategies for a company, and may also be involved in the day-to-day operations of a procurement department. This course's emphasis on integrating Procurement into a business, developing policy and procedures, and establishing meaningful KPIs may be useful to a Procurement Officer.
Sourcing Specialist
Sourcing Specialist
Sourcing Specialists are responsible for identifying and evaluating potential suppliers, and may also be involved in developing and implementing procurement strategies. This course's emphasis on types of Procurement Organizations, the importance of having policy and procedures, and establishing meaningful KPIs would be helpful for a Sourcing Specialist.
Procurement Analyst
Procurement Analyst
Procurement Analysts work with suppliers to identify and negotiate contracts for goods and services, and may also be involved in developing and implementing procurement strategies. This course's focus on developing policy and procedures, establishing meaningful KPIs, and the role of talent would be helpful for a Procurement Analyst.
Purchasing Agent
Purchasing Agent
Purchasing Agents are responsible for purchasing goods and services for a company, and may also be involved in developing and implementing procurement strategies. This course's emphasis on types of Procurement Organizations, developing policy and procedures, and establishing meaningful KPIs may be useful to a Purchasing Agent.
Supply Chain Manager
Supply Chain Manager
Supply Chain Managers oversee the flow of goods and services from suppliers to customers, and may include a focus on procurement. This course's emphasis on integrating Procurement with suppliers, developing policy and procedures, and establishing meaningful KPIs would be helpful for a Supply Chain Manager.
Vendor Manager
Vendor Manager
Vendor Managers are responsible for managing relationships with vendors and suppliers, and may also be involved in developing and implementing procurement strategies. This course's emphasis on integrating Procurement with suppliers, developing policy and procedures, and establishing meaningful KPIs would be helpful for a Vendor Manager.
Procurement Project Manager
Procurement Project Manager
Procurement Project Managers are responsible for planning and executing procurement projects, and may also be involved in developing and implementing procurement strategies. This course's emphasis on integrating Procurement into a business, developing policy and procedures, and establishing meaningful KPIs would be helpful for a Procurement Project Manager.
Contract Manager
Contract Manager
Contract Managers are responsible for developing and managing contracts with suppliers and vendors, and may also be involved in developing and implementing procurement strategies. This course's emphasis on developing policy and procedures, establishing meaningful KPIs, and the role of talent may be useful to a Contract Manager.
Compliance Manager
Compliance Manager
Compliance Managers are responsible for ensuring that a company complies with all applicable laws and regulations, and may also be involved in developing and implementing procurement strategies. This course's emphasis on developing policy and procedures, establishing meaningful KPIs, and the role of talent may be useful to a Compliance Manager.
Materials Manager
Materials Manager
Materials Managers are responsible for managing the procurement and inventory of materials used in a company's operations. This course's emphasis on integrating Procurement into a business, developing policy and procedures, and establishing meaningful KPIs would be helpful for a Materials Manager.
Risk Manager
Risk Manager
Risk Managers are responsible for identifying and mitigating risks in a company's operations, and may also be involved in developing and implementing procurement strategies. This course's emphasis on integrating Procurement into a business, developing policy and procedures, and establishing meaningful KPIs may be useful to a Risk Manager.
Purchasing Manager
Purchasing Manager
Purchasing Managers are responsible for the day-to-day operations of a procurement department, and may also be involved in developing and implementing procurement strategies. This course's emphasis on types of Procurement Organizations, policy and procedures, and the role of talent may be useful to a Purchasing Manager.
Operations Manager
Operations Manager
Operations Managers are responsible for the day-to-day operations of a company, and may also be involved in developing and implementing procurement strategies. This course's emphasis on integrating Procurement into a business, developing policy and procedures, and establishing meaningful KPIs may be useful to an Operations Manager.
Strategic Sourcing Manager
Strategic Sourcing Manager
Strategic Sourcing Managers lead teams in developing and executing sourcing strategies that align with an organization's overall business objectives. The focus on types of Procurement Organizations, KPIs, and talent in this course may be useful in a role where leadership and understanding of how procurement fits into an organization is essential.
Procurement Consultant
Procurement Consultant
Procurement Consultants typically work with clients to develop and implement procurement strategies and solutions, that may include anything from process improvements to cost reduction. This course's emphasis on integrating Procurement into a business and developing competitive advantages would be useful to a Procurement Consultant.
For more career information including salaries, visit:
OpenCourser.com/course/13r2qd/procurement
Reading list
We've selected six books
that we think will supplement your
learning. Use these to
develop background knowledge, enrich your coursework, and gain a
deeper understanding of the topics covered in
Procurement Organizations.
This comprehensive textbook covers all aspects of purchasing and supply chain management, including procurement strategy, supplier selection, and performance management. It valuable resource for students and professionals alike.
A comprehensive reference for procurement and supply managers, providing practical guidance and best practices on all aspects of procurement, including policy and procedures, KPI development, and talent management.
Save
A comprehensive reference for procurement managers, providing practical guidance on all aspects of procurement, including policy and procedures, KPI development, and talent management.
Provides a guide to best practices in procurement. It covers topics such as supplier management, risk management, and performance measurement.
Save
Provides a strategic approach to procurement management. It covers topics such as procurement strategy, supplier management, and performance measurement.
Defines what procurement is, its value and function within an organization, and how it is integrated within the organization. Provides a good overview of the procurement process and organization.
For more information about how these books relate to this course, visit:
OpenCourser.com/course/13r2qd/procurement
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Supplier Management
Level
Intermediate
Via
Coursera
Institution
Rutgers the State University of New Jersey
Instructor
Don Klock
Language
English
This course belongs to a
collection
called
Advanced Global Procurement and Sourcing. It's comprised of seven courses:
Good to know
Explores procurement integration, which is standard in competitive business environments
Examines procurement organizations, which is relevant to professionals in the field
Introduces policy and procedures in procurement, which is useful in managing and optimizing organizational processes
Emphasizes establishing meaningful KPIs, which is crucial for measuring and monitoring procurement performance
Highlights the pivotal role of talent in procurement, which is essential for building a skilled and effective team
Taught by Don Klock, an experienced instructor in procurement
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