Supply Chain
Procurement Certification
Fundamentals
of Procurement
Objectives:
1. Define
and compare purchasing to procurement.
2. Describe
the types of materials purchased.
3. List at
least two objectives for tactical buying.
4. Compare
tactical buying to strategic sourcing.
5. Compare
centralized and decentralized purchasing.
6. Compare
the roles of planner/buyer and buyer.
7. List
seven steps in the purchasing cycle.
8. Quantify
the financial impact of purchasing.
9. List at
least two objectives for procurement.
10. Using
the purchasing classification matrix, compare the commodity category versus
strategic category.
Topics:
Fundamentals
of Procurement - Overview
Purchasing
to Procurement
Procurement
Basics
Purchasing
to Procurement
Purchasing
as Integral to Supply Chain Management
Materials
and Supplies Purchased
Services
Purchased
Tactical and
Strategic
Tactical
Purchasing Objectives
Tactical
Buying
Purchasing
Functions
Tactical and
Strategic
Tactical
Buying versus Strategic Sourcing
Organizational
Design Considerations
Centralized
versus Decentralized
Various
Roles within Purchasing
Purchasing
Cycle
The 7 Steps
in the Purchasing Cycle
Purchasing
Cycle Step 1: Requisition and Specification
Purchasing
Cycle Step 2: Source and Obtain Pricing
Purchasing
Cycle Step 3: Financial Impact of Purchasing
Purchasing
Cycle Steps 4-7: Agreement, Follow Up, Acceptance, and Approval
Procurement
Procurement
Objectives
Anatomy of
Procurement Strategy
Procurement
Strategy: Environmental Scanning
Procurement
Strategy: Organizational Structure
Procurement
Strategy: Inventory Strategy
Procurement
Strategy: Supplier Relations
Procurement
Strategy: Technology Enablers
Procurement
Strategy: Performance and Continuous Improvement
Interview:
Fundamentals of Procurement
Fundamentals of Procurement – Summary
Sourcing Strategies
Objectives:
1. List at
least two additional activities in strategic sourcing compared to traditional
sourcing.
2. Name the
five steps in the sourcing process and differentiate what activities in each
step is
3.
considered strategic sourcing.
4. Develop a
cost-avoidance analysis.
5.
Distinguish between different types of supplier relationships.
6. Define
supplier relationship management (SRM).
Topics:
Sourcing
Strategies - Overview
Strategic
Sourcing
Sourcing and
Strategic Sourcing
Strategic
Sourcing Objectives
Strategic
Sourcing Activities
Sourcing
Process Steps
Make-or-Buy
Decision
Cost
Avoidance Analysis Training Exercise
Spend
Analysis
Spend
Analysis Documents
Suppliers
Supplier
Relationships
Sourcing
Alternatives
Supplier
Scoring and Assessment
Supplier
Selection Cost Comparison
Categories
of Supplier
Pricing
Overview of
Pricing
Break-Even
Analysis
Discounts
Purchase
Quantity Discount
Negotiation
Objectives
Design
Collaboration
Advantages
of Collaborative Supplier Involvement
Supplier
Relationship Management
Supplier
Relationship Management (SRM)
Traditional
Purchasing versus SRM
Benefits of
Supplier Relationship Management
Implementing
SRM Strategy
Video
Interview: Sourcing Strategies
Sourcing Strategies – Summary
Purchase Order Management and Performance
Measurement
Objectives:
1. List the
five steps in the purchase order flow.
2. List the
two steps in the purchasing cycle that are not included in the purchase order
flow.
3. Compare
static to dynamic database files.
4. Calculate
MRP using inventory data provided.
5. Define
vendor-managed inventory (VMI) process.
6. List one
step in the purchase order flow that is not included in the procure-to-pay
cycle.
7. List the
five components of a SRM system.
Topics:
Purchase
Order Management and Performance Measurement - Overview
Purchase
Requisition
Purchase
Order Flow
Visual
Purchasing Policies
Purchase
Order Flow Step 1: Generate Requisition
Data
Maintenance — Static and Dynamic Database Files
Material
Requirements Planning
MRP Purchase
Order Actions
Purchasing
Kanban
Supplier
Kanban Example
Order Point
and Periodic Review
Budgeted
versus Unexpected Requirements
Purchase
Order Management
Purchase
Order Flow Step 2: Issue Purchase Order – Ordering Approaches
Vendor-Managed
Inventory (VMI)
Purchasing
Process Methods
Timing of
Purchases
Transportation
Mode Decision
Purchase
Order Flow Step 3: Follow Up — Status Reporting
Purchase
Order Flow Step 4: Receiving and Order Close-Out
Purchase
Order Flow Step 5: Approve Payment
Purchasing
Performance Measurement
Purchasing
Performance Measurement
Global
Sourcing
Effect of
Technology and the Internet on Purchasing
Internet-Enabled
Purchasing Components
Supplier
Relationship Management (SRM)
SRM Services
SRM
Processing
Portals and
Auctions
Video
Interview: Purchase Order Management
Purchase Order Management and
Performance Management – Summary
Contract Management and Negotiations
Objectives:
1. List the
five steps in the purchase order flow.
2. List the
two steps in the purchasing cycle that are not included in the purchase order
flow.
3. Compare
static to dynamic database files.
4. Calculate
MRP using inventory data provided.
5. Define
vendor-managed inventory (VMI) process.
6. List one
step in the purchase order flow that is not included in the procure-to-pay
cycle.
7. List the
five components of a SRM system.
Topics:
Contract
Management and Negotiations - Overview
Contract
Management
Contract
Defined
Phases of
Contract Management
Contract
Performance
ERP System
Functionality and SRM for Contract Management
Dispute
Resolution
Negotiations
– What to Negotiate
Negotiation
Objectives – What Is negotiated
Agreements
Drive Negotiations
Value and
Risk
Pricing
Terms and
Conditions - Specific to Contract
Terms and
Conditions - Generic
Terms and
Conditions – Legal Clauses
Negotiations
- How to Negotiate
Negotiations
– How to Negotiate
Grasp the
Situation
Five Forces
of Competition
Culture
Procurement
Classification Matrix and SWOT Analysis
PDCA
Framework
Plan -
Overview
Topics to be
Negotiated
Influences
during Negotiations
Negotiating
Style
Negotiation
Tactics
Simulate,
Practice, and Send Agenda
Do -
Overview
Successful
Negotiators
Check –
Overview
Action –
Overview
Interview:
Negotiations
Contract Management and Negotiations
– Summary
Sustainability
and Ethical Sourcing
Objectives:
1. Explain
the benefits of utilizing sustainable procurement principles and practices.
2. Explain
the Triple Bottom Line.
3. List the
10 principles of the UN Global Compact.
4. List
methods for using sustainability in product design.
5. Give
examples of supplier sustainability criteria, including economic, social and
environmental actions.
6. List
elements of sustainable packaging.
7. Define
why it is important for procurement professionals to act and source in an
ethical manner.
8. Explain
the use of diversity in ethical sourcing.
Topics:
Sustainability
and Ethical Sourcing – Overview
Sustainability
Principles
Introduction
to Sustainability
Sustainable
Supply Chain Management
Sustainable
Procurement
Triple
Bottom Line
Sustainability
Principles
Carbon
Footprint and Waterprint
Corporate
Social Responsibility
Guidelines
and Standards
Sustainability
Guidelines and Standards That Influence Procurement
Global
Reporting Initiative
Recognized
Standards in Procurement: ISO
Other
Recognized Standards in Procurement
Application
of Sustainability in Procurement
Applying
Sustainability to Procurement Activities
General
Procurement Sustainability Guidelines
Sustainable
Sourcing of Products and Services
Sustainability
Activities with Suppliers
Working with
Suppliers on Packaging
Sustainable
Procurement Logistics Activities
Organizational
Activities for Procurement
Implementation
of Sustainable Procurement
Prioritizing
Products and Services
Sustainable
Procurement Trade-offs
Sustainable
Procurement Success Criteria
Ethical
Sourcing
Ethics
within the Procurement Function
General
Ethics Issues
Ethical
Sourcing
Diversity in
Sourcing
Conflict
Minerals
Code of
Conduct
Legislation
related to Sourcing Practices
Benefits of
Ethical Sourcing
Steps to
Ensure Ethical Behavior and Sourcing
How to Begin
an Ethical Sourcing Initiative
Interview:
Sustainability
Sustainability and Ethical Sourcing –
Summary
Procurement
Evaluation Metrics and Intelligent Supply Chain
Objectives:
1. Discuss
the importance of metrics within procurement.
2. Develop
procurement metrics for the procurement area and suppliers.
3. Know how
to use benchmarking and discuss the benefits.
4. Describe
the elements of balanced scorecards.
5. Identify
sustainability measurement criteria.
6. Develop a
supplier rating system for evaluating suppliers.
7. Describe
the use of blockchain technology.
8.
Understand the different types of advanced analytics.
9. List
different kinds of artificial intelligence.
Topics:
Procurement
Evaluation Metrics and Intelligent Supply Chain - Overview
Procurement
Evaluation Metrics
Introduction
to Procurement Evaluation Metrics
Using
Measurements in Procurement
Steps to
Implement a Procurement Metrics Program
Challenges
for Measurement Systems
Benchmarking
and KPIs
Key
Performance Indicators (KPIs)
SCOR and
ASCM Enterprise
SCOR and
SCOR metrics
ASCM
Enterprise Certification
Procurement
and Supplier Metrics
Internal
Procurement Metrics
Sustainability
Metrics
Environmental
Metrics
Social
Responsibility Metrics
Supplier
Metrics
Supply Chain
Metrics
Types of
Supplier Metrics
Performance
Results and Audits
Supplier
Certification
Intelligent
Supply Chain
Intelligent
Supply Chain
Role of
Information in the Management of the Supply Chain
Cloud
Computing, Big Data, Control Towers, and Artificial Intelligence
Advanced
Analytics
Inter-organizational
Systems
Blockchain
and Internet of Things (IoT)
Supply Chain
Event Management
Intelligent
Supplier Collaboration and Interaction
Intelligent
Supply Chain Logistics
Other Supply
Chain Technology and Trends
Interview:
Procurement Evaluation Metrics
Procurement Evaluation Metrics and
Intelligent Supply Chain – Summary
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