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.

Taught in English

Some content may not be translated

Don Klock

Instructor: Don Klock

26,372 already enrolled

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Specialization - 7 course series

Get in-depth knowledge of a subject

4.7

(1,570 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

Skills you'll gain

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Specialization - 7 course series

Get in-depth knowledge of a subject

4.7

(1,570 reviews)

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

See how employees at top companies are mastering in-demand skills

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  • Learn in-demand skills from university and industry experts
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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 (1,245 ratings)

What you'll learn

  • Understand Course Flow and Requirements

Procurement Basics

Course 25 hours4.7 (450 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

Strategic Sourcing

Course 35 hours4.7 (228 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

Supplier Management

Course 48 hours4.7 (201 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

Supply Market Analysis

Course 55 hours4.8 (113 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

Procurement Negotiation

Course 68 hours4.7 (170 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

Strategic Procurement and Sourcing Conclusions

Course 73 hours4.8 (154 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

Instructor

Don Klock
Rutgers the State University of New Jersey
14 Courses52,684 learners

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