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Global Procurement and Sourcing Specialization

A comprehensive specialization that equips learners with essential procurement and sourcing skills for effective performance in various professional settings.

access

Lifetime

level

Beginner

certificate

Certificate of completion

language

English

What you will learn in Global Procurement and Sourcing Specialization Course

  • Procurement Fundamentals: Understand the core principles of procurement and sourcing, including supplier selection, contract negotiation, and supplier relationship management.
  • Strategic Sourcing: Learn to develop and implement sourcing strategies that align with organizational goals and market conditions.
  • Contract Management: Gain skills in drafting, evaluating, and managing contracts to ensure compliance and mitigate risks.

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  • Supplier Performance Management: Learn to assess and manage supplier performance to drive continuous improvement and value creation.
  • Global Sourcing: Understand the complexities of global sourcing, including cultural considerations, logistics, and international regulations.

Program Overview

Introduction to Procurement and Sourcing
⏳  4 hours

  • Define procurement and sourcing and their importance in the supply chain.

  • Understand the role of procurement in achieving organizational objectives.

 Strategic Sourcing
⏳ 5 hours

  • Learn to develop and implement sourcing strategies.

  • Understand market analysis and supplier selection processes.

Contract Management
⏳ 5 hours

  • Gain skills in drafting and negotiating contracts.

  • Learn to manage contract performance and resolve disputes.

Supplier Performance Management
⏳ 4 hours

  • Learn to assess and manage supplier performance.

  • Understand key performance indicators and continuous improvement processes.

Global Sourcing
5 hours

  • Understand the complexities of global sourcing.

  • Learn to navigate cultural, logistical, and regulatory challenges

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Job Outlook

  • Proficiency in procurement and sourcing is valuable for roles such as Procurement Manager, Sourcing Specialist, Supply Chain Analyst, and Contract Manager.
  • Skills acquired in this specialization are applicable across various industries, including manufacturing, retail, healthcare, and government.
  • Completing this specialization can enhance your qualifications for positions that require expertise in managing procurement processes and supplier relationships.
9.7Expert Score
Highly Recommended
The "Procurement and Sourcing Specialization" offers a comprehensive overview of procurement and sourcing principles. It's particularly beneficial for individuals seeking to build or advance their careers in procurement and supply chain management.
Value
9
Price
9.2
Skills
9.6
Information
9.7
PROS
  • Taught by experienced instructors with industry expertise.
  • Hands-on assignments and projects to reinforce learning.
  • Applicable to both academic and industry settings.
CONS
  • Some learners may seek more extensive coverage of advanced procurement topics.
  • Requires commitment to complete all modules for certification.​

Specification: Global Procurement and Sourcing Specialization

access

Lifetime

level

Beginner

certificate

Certificate of completion

language

English

Global Procurement and Sourcing Specialization
Global Procurement and Sourcing Specialization
Course | Career Focused Learning Platform
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