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Purchasing Fundamentals
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| Price: |
$99.00 |
| Business Focus: |
Business Administration |
| Instructor: |
Tony Swaim |
| Course Code: |
pcf |
| Delivery Method: |
Instructor-led Online Course |
| Frequently Asked Questions |
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| Course Overview: |
Discover and master the fundamentals of purchasing by understanding your strategic and tactical roles as a purchasing practitioner. Improve your company’s bottom-line profitability by learning and implementing key concepts such as negotiation, supplier sourcing and qualification, outsourcing and make-or-buy analysis. Learn the basics of supplier partnerships, capital budgeting and green buying.
In this six-week online course, you will learn how to define internal customer needs, generate purchase requisitions and purchase orders, expedite, trace and receive supplier deliveries, maintain effective purchasing records and create and manage various purchasing budgets. I will help you learn about business law, contracts, leasing, Six Sigma and total quality management (TQM). You will learn how to recruit, select and evaluate purchasing personnel, and learn the importance of business ethics.
This course and its followup (Purchasing Applications will help you prepare for the internationally-recognized Certified Purchasing Manager (C.P.M.) and Accredited Purchasing Practitioner (A.P.P.) exams offered by the Institute for Supply Management™ (ISM™). |
| Instructor Biography: |
| In industry, Tony Swaim has made significant contributions to the business community dating back to 1977. He has held globally-focused executive positions with Baxter Healthcare Corporation, Beckman Colter Incorporated and Allergan, Incorporated. His most recent industry position was Director, Worldwide Surgical Logistics for Allergan where he was responsible for supply chain management. Previous responsibility areas were in operations, inventory management, local area networks, procurement and quality. Mr. Swaim's educational background includes an MBA and Bachelor of Science with concentration in Marketing. Additionally, he has studied in the Executive Management Program at Claremont Graduate University. Mr. Swaim also holds the following professional certifications:
- Certified Purchasing Manager (CPM)
- Certified in Production and Inventory Management (CPIM)
- Project Management Professional (PMP)
- Certified Quality Manager (CQM)
- Six Sigma Black Belt
Since 1982, Tony Swaim has provided in excess of 2,000 hours in diverse coursework including Strategic Planning, Operations Management, Accounting, Industrial Marketing, Retailing Management, Purchasing, Quality Management, Supply Chain Management, and Project Management. He has taught classes in a variety of environments, including APICS certification curriculum at local firms and Business Policy courses as part of MBA Programs. |
| Course Syllabus: |
| Lesson 1 Syllabus |
Contributions of Purchasing |
| Lesson 2 Syllabus |
Organizational Strategy and Purchasing Response |
| Lesson 2 Objective |
Learn about how purchasing contributes to an organization and increases bottom-line profitability. |
| Lesson 3 Syllabus |
Elements of the Purchasing Cycle |
| Lesson 3 Objective |
Identify the elements of strategy implementation and learn how to effectively create purchase orders and purchase requisitions and how to negotiate. |
| Lesson 4 Syllabus |
The Purchasing Cycle (Conclusion); Make or Buy Analysis; Leasing |
| Lesson 4 Objective |
Discover the elements of the purchasing cycle and how to optimize each element. |
| Lesson 5 Syllabus |
Supplier Sourcing |
| Lesson 5 Objective |
Learn how to expedite and receive orders, perform a make or buy analysis, and use leasing. |
| Lesson 6 Syllabus |
Green Buying; Purchasing Records; Competitive Bidding |
| Lesson 6 Objective |
Identify the elements of supplier sourcing and learn how to conduct a supplier visit. |
| Lesson 7 Syllabus |
Business Law, Contracts, and Legal Forms of the Organization |
| Lesson 7 Objective |
Discover the power of green buying and learn record keeping and competitive bidding fundamentals. |
| Lesson 8 Syllabus |
Six Sigma and Total Quality Management; ERP/MRP II |
| Lesson 8 Objective |
Learn about business law, contracts, principal-agency, and legal forms of the organization. |
| Lesson 9 Syllabus |
Introduction to Budgeting |
| Lesson 9 Objective |
Discover the essentials of Six Sigma, total quality management (TQM) and Enterprise Resource Planning (ERP) to help you assess supplier capabilities. |
| Lesson 10 Syllabus |
Capital Budgeting |
| Lesson 10 Objective |
Learn about the purpose of budgeting and identify key budgets used in purchasing. |
| Lesson 11 Syllabus |
Supplier Partnerships; Ethics and Organizational Politics |
| Lesson 11 Objective |
Learn about the role that purchasing plays in capital budgeting. |
| Lesson 12 Syllabus |
Recruiting, Training, and Evaluating Purchasing Personnel |
| Lesson 12 Objective |
Discover the essence of supplier partnerships and learn how ethics and politics affect an organization. |
