Process Improvement 101
Tackling process improvement within your procurement department is not only feasible but impactful and measurable if done correctly. With the right methodology and understanding, you will not only be able to report efficiency gains in all aspects of procurement but also profit from all of the long-term benefits of process improvement which grow exponentially. Each step written within this course was not only learned in school but also acquired through experience in the field that can be applied to any industry.
Our thorough and interactive online course, Process Improvement 101, makes it clear and possible to find, analyze, and solve process inefficiencies that can truly elevate your procurement department. This course will help you add up wins for procurement through this course’s step-by-step guidance, real-world examples, and various proven approaches to tackling the complex and challenging process improvements that arise.
Upon completing this course, you will be able to:
- Implement process improvements from 5 different proven approaches
- Understand and measure the benefits of process improvements
- Increase profitability
- Increase savings through efficiency gains
- Ensure a competitive edge in a changing world
- Minimize financial risk and increase compliance
This is a self-paced course with no instructor-led forum and you have 30 days from registration to complete all course elements. It should take you approximately one hour to review the material and take any quizzes. All readings are provided in the course.
This course has been pre-approved for 1 hour of CE credit towards the CPOS, CPOP, CPOM, and CPOE certifications.
Supply Risk and Sustainability Management
From cyberattacks to natural disasters to supplier insolvency and global pandemics, supply lines are always at risk to varying magnitudes of disruption—and at times with catastrophic consequences. Operational volatility, uncertainty, complexity, and ambiguity are the new normal. Learn the effective supply disruption management tools, systems, and skills to deploy effective countermeasures in the face of supply disruption. Upon completing this course, you will be able to:
- Evaluate the impacts of disruption on the total cost of ownership and total cost to serve
- Develop supply risk strategies and tactical and operational plans
- Leverage change management and transformative tools to realize risk, resilience, and supply sustainability management goals
- Implement supply risk strategies
- Manage the psychological toll of national or global disasters on supply management teams
- Anticipate, respond, and recover from supply disruption
This is a self-paced course with no instructor-led forum and you have 60 days from registration to complete all course elements. It should take you approximately 8 hours to review the material and take any quizzes. All readings are provided in the course.
This course has been pre-approved for 8 CEHs.
Supply Management Executive Leadership
The Supply Executive Leadership Model serves as a road map for senior supply management leaders to transform their operations to support strategic objectives, enhance customer value, and implement pre-emptive measures to reduce supply risks. Learn the tools, systems, and skills to lead successful supply management transformations with confidence. Upon completing this course, you will be able to:
- Lead a corporate strategic planning process
- Sustain procurement function transformation
- Design and execute a procurement function strategy
This is a self-paced course with no instructor-led forum and you have 60 days from registration to complete all course elements. It should take you approximately 8 hours to review the material and take any quizzes. All readings are provided in the course.
This course has been pre-approved for 8 CEHs.
Expert Procurement Operations Management
Are you a purchasing manager who worries about balancing the many demands of your leadership role? You’re not alone. Today’s companies are expecting more than ever from their purchasing managers. And today’s environment is confronting purchasing managers with more challenges than ever. Between being accountable for measurable results, pleasing internal customers, and ensuring that your purchasing staff improves its productivity, you may feel it is impossible to do a good job. After all, it isn’t easy keeping up with evolving best practices, new technologies, and changing markets.
But fortunately, there is a way for you to learn how to meet and exceed today’s high standards for purchasing management excellence. Expert Procurement Operations Management will teach you everything you need to know to lead your purchasing department to new levels of success! Upon completing this course, you will be able to:
- Report purchasing performance metrics to senior management
- Develop a purchasing customer service survey
- Improve purchasing staff productivity
- Establish a successful Purchasing Advisory Board
- Prioritize commodities that the purchasing department will source
- Identify four indicators that you should look for to identify non-traditional areas for potential savings
- Understand the types of various purchasing profit center models and the dangers of choosing the wrong one
- Staff your purchasing department with the right people and assign buyer responsibilities
- Create a Purchasing Dashboard and set the perfect purchasing department goals
- Develop purchasing policies and procedures
- Establish a standard sourcing process
- Apply strategies for using templates to improve productivity and reduce problems
- Apply best practices for making recommendations to senior management
- Reduce the tactical purchasing activity under your management
- Improve compliance with purchasing initiatives
This is a self-paced course with no instructor-led forum and you have 60 days from registration to complete all course elements. It should take you approximately 8 hours to review the material and take any quizzes. All readings are provided in the course.
This course has been pre-approved for 8 CEHs.
Data Analytics for Procurement Professionals
Are you failing to take advantage of Microsoft Excel’s powerful techniques for purchasing? Even if you are an experienced Excel user, you may not be utilizing the tools that can help you conduct expert procurement analysis, make sound purchasing decisions, and deliver top-notch presentations. Our highly personal and interactive online course Data Analytics for Purchasing Professionals will enable you to perform sophisticated spreadsheet tasks through exercises that are based entirely on the situations that you face in your procurement work. Upon completing this course, you will be able to:
- Assess the competitiveness of supplier pricing through developing should cost models
- Assess all elements of supplier capabilities by creating weighted average supplier scorecards
- Apply Excel’s sophisticated decision support features for procurement analysis
- Visually compare bids, analyze spend, and track supplier performance by creating charts
- Use PivotTables, functions, and subtotals to summarize large amounts of purchasing data
- Develop target pricing models for negotiation strategy
- Import data from other systems into Excel for analysis
- Drill down into complex purchasing spreadsheets by using filtering, conditional formatting, VLOOKUP, and more
- Use macros to free up time for strategic purchasing work
You must have access to Microsoft Excel to complete this course.
This is a self-paced course with no instructor-led forum and you have 60 days from registration to complete all course elements. It should take you approximately 8 hours to review the material and take any quizzes. All readings are provided in the course.
This course has been pre-approved for 8 CEHs.
14 Procurement Best Practices
Quickly and significantly improving your procurement department’s performance is not wishful thinking. With the right guidance and step-by-step instruction, you will soon be implementing the same procurement practices that are used by the world’s top corporations.
Our highly personal and interactive online course, 14 Procurement Best Practices, makes it realistic for you to quickly and significantly improve your performance and the performance of your procurement department. You’ll become a respected procurement leader by following this course’s step-by-step instructions, examples, and exercises, as well as the sample tools and worksheets that are included with your registration. Upon completing this course, you will be able to:
- Strategically measure purchasing performance
- Improve your spend management by implementing a buying plan
- Identify and select the best suppliers by using cross-functional commodity teams, scorecards, and total cost of ownership analysis
- Improve vendor performance through a supplier performance management program
- Optimize supplier relationships
- Improve risk management
- Map and improve processes
- Leverage technology such as eProcurement and Internet Reverse Auctions
- Conduct benchmarking
- Achieve efficiency through the systemization of purchasing operations
- Utilize a strategic plan
This is a self-paced course with no instructor-led forum and you have 60 days from registration to complete all course elements. It should take you approximately 8 hours to review the material and take any quizzes. All readings are provided in the course.
This course has been pre-approved for 8 CEHs.
