Procurement Basics

Description

This Course includes basic information on procurement, Importance of the procurement organization and its’ role in the organization, cost vs. value, processes such as the use of RFQ, RFP, RFX, Differences between direct and indirect procurement, and Stakeholder management

The course will supported by videos, readings and a required case that will be assessed by a peer review.
In addition, a Practice Assessment (multiple choice) is available to the student. This should be helpful as there is a Final Assessment (40 Multiple Choice) at the end of the specialization in Course 7 that is required to obtain the certification.

What you will learn

Welcome & Procurement Definitions
Importance of Procurement
Procurement Processes
Directs vs. Indirects

What’s included