Class Central is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

LinkedIn Learning

Purchasing Foundations

via LinkedIn Learning

Overview

Learn the fundamentals of purchasing for business. Find out how to manage suppliers, contracts, and costs, and implement strategic sourcing.

Syllabus

Introduction
  • Welcome
1. The Function of Purchasing
  • The purchasing process
  • Purchase orders
  • Purchasing policies
  • The purchasing organization
2. Managing Suppliers
  • Supplier evaulation and selection
  • Supplier quality management
  • Supplier management and development
3. Strategic Sourcing
  • World-wide sourcing
  • Category management
  • Negotiation planning
  • Contract management
  • Legal and ethical considerations
4. Strategic Cost Management
  • Price and cost analysis
  • Should-cost analysis
  • Total cost of ownership
  • Target costing
  • Learning curve analysis
5. Special Topics in Purchasing
  • Purchasing services
  • E-sourcing
  • Supply management performance measurement
Conclusion
  • Next steps

Taught by

Steven Brown

Reviews

4.7 rating at LinkedIn Learning based on 1147 ratings

Start your review of Purchasing Foundations

Never Stop Learning.

Get personalized course recommendations, track subjects and courses with reminders, and more.

Someone learning on their laptop while sitting on the floor.