Procurement & Sourcing Introduction

  • 4.7
Approx. 4 hours to complete

Course Summary

This course is an introduction to procurement and sourcing, covering topics such as supplier selection, contract management, and negotiations. By the end of the course, students will have a basic understanding of procurement best practices.

Key Learning Points

  • Learn how to identify and evaluate suppliers
  • Understand the basics of contract management
  • Gain negotiation skills for successful procurement

Related Topics for further study


Learning Outcomes

  • Identify and evaluate potential suppliers
  • Create and manage contracts effectively
  • Negotiate successfully with suppliers

Prerequisites or good to have knowledge before taking this course

  • No prior knowledge of procurement or sourcing is required
  • Basic proficiency in English

Course Difficulty Level

Beginner

Course Format

  • Online self-paced course
  • Video lectures
  • Quizzes and assignments

Similar Courses

  • Supply Chain Fundamentals
  • Global Sourcing and Procurement

Related Education Paths


Notable People in This Field

  • CEO at International Association for Contract and Commercial Management
  • Faculty at University of Tennessee

Related Books

Description

After a warm Welcome to the Global Procurement and Sourcing Specialization, I will provide a brief introduction to the specialization and its courses covering the following:

Knowledge

  • U​nderstand Course Flow and Requirements

Outline

  • Welcome & Course Introduction
  • Welcome-GP&S and Course 1
  • Course Introduction
  • Don Klock Bio
  • Ten Good Articles To Read
  • What exactly is Procurement? And What is Purchasing?
  • Hey Procurement! It's Time to SELL!
  • Supplier Collaboration is a Win-Win Strategy
  • When the Elephant in the Room is Your Supplier
  • Commodity(or Category) Management-What is your buying Strategy
  • Indirect Procurement-It is Time Rise and Shine
  • Supplier Relationships-Don't Go Over To the Dark Side
  • Spend Aggregation Obstacle Course for Procurement
  • Strategic Supplier Relationships Management-Do's and Don'ts!
  • What is the Difference Between Commodity and Category Management
  • Assessment on The Ten Procurement Articles-True or False

Summary of User Reviews

This procurement and sourcing course on Coursera has received positive reviews from users. The course is highly informative and engaging, making it perfect for anyone interested in the subject. One key aspect that many users found good is the course's emphasis on practical skills and hands-on learning.

Pros from User Reviews

  • Highly informative and engaging course
  • Emphasis on practical skills and hands-on learning
  • Experienced and knowledgeable instructors
  • Well-structured and easy-to-follow content
  • Interactive assignments and quizzes

Cons from User Reviews

  • Some users found the course too basic
  • Limited interaction with instructors and peers
  • Course material could be better organized
  • Some users experienced technical difficulties with the platform
  • Not enough real-world examples provided
English
Available now
Approx. 4 hours to complete
Don Klock
Rutgers the State University of New Jersey
Coursera

Instructor

Don Klock

  • 4.7 Raiting
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