Certificate in Procurement and Supplier

Procurement and Supplier Contracting Management Studies Management Essentials Certificate

The Certificate in Procurement and Supplier Contracting Management Studies Management Essentials is for those who want to learn the basics of procurement, purchasing, pricing, and supplier contracting. It is useful for those who will both have management responsibilities and who seek to pursue management opportunities.

This Online Certificate Program requires the completion of the following 5 Courses:

Management Essentials

In this course the focus is on the management function and the skills and resources that develop and grow a successful manager. Topics such as developing a corporate culture, working successfully with teams, developing and implementing successful people management strategies, and workflow and performance management are explored.

Budgeting Essentials

In this course you are introduced to the fundamentals of the budgeting process including understanding not only how to prepare a budget but how to manage a budget within the context of a hierarchical organizational structure. You will be exposed to the various components of a budget and how they work together as well as how to prepare, organize, and structure your budget using basic financial statements.

Price and Cost Analysis

In this course students will learn various techniques associated with evaluating pricing and costing including methodologies and techniques to improve profitability and minimize losses. Different price comparison methods as well as strategic cost analysis are explored in this course.

The Procurement Process

In this course students will be introduced to principles that guide how suppliers are selected to provide goods and services through the various phases of the procurement process. This is an excellent course to gain an understanding of RFPs, responses, and contract bid work.

Supplier Contracting

This course explores the contracting process and provides an understanding of the source of supply (i.e., purchase orders, contracts, etc.) and explores decision-making in supplier contracting. This course provides a foundation in contracting issues.