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Procurement Basics

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Rutgers the State University of New Jersey

Procurement Basics

This course is part of Global Procurement and Sourcing Specialization

Instructor: Don Klock

41,715 already enrolled

Included with

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5 modules

Gain insight into a topic and learn the fundamentals.

628 reviews

Beginner level

No prior experience required

Flexible schedule

6 hours to complete

Learn at your own pace

95%

Most learners liked this course

5 modules

Gain insight into a topic and learn the fundamentals.

628 reviews

Beginner level

No prior experience required

Flexible schedule

6 hours to complete

Learn at your own pace

95%

Most learners liked this course

What you'll learn

You will learn some basic definitions and discover why procurement is important to the firm
GI've you a "basic" flow of procurement processes
Learn the difference between Directs and Indirects
10 Key Ways to improve stakeholder (internal customers) management

Skills you'll gain

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

1 assignment¹

AI Graded see disclaimer

Taught in English

91% of learners achieved a positive career outcome

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Build your subject-matter expertise

This course is part of the Global Procurement and Sourcing Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate

There are 5 modules in this course

This Course includes basic information on procurement, Importance of the procurement organization and its’ role in the organization, cost vs. value, processes such as the use of RFQ, RFP, RFX, Differences between direct and indirect procurement, and Stakeholder management

Module details

What's included

2 videos2 readings

What's included

1 video2 readings

What's included

1 video1 reading

What's included

1 video1 reading

What's included

1 video4 readings1 assignment1 peer review

1 videoTotal 15 minutes

Stakeholder Management15 minutes

4 readingsTotal 80 minutes

Best Practices For Successful Stakeholder Management20 minutes
Proven Techniques for Procurement to Increase Stakeholder Engagement20 minutes
Engaging Purchasing Stakeholders: a Framework That Works20 minutes
Avion, Inc. Case20 minutes

1 assignmentTotal 30 minutes

Practice Assessment30 minutes

1 peer reviewTotal 60 minutes

Avion, Inc. Case Peer Review60 minutes

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Instructor

Instructor ratings

(193 ratings)

Don Klock

14 Courses93,102 learners

Offered by

Rutgers the State University of New Jersey

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5 stars
79.49%
4 stars
15.89%
3 stars
2.86%
2 stars
0.47%
1 star
1.27%

Showing 3 of 628

Reviewed on May 30, 2021

It was an excellent introductory course with lots of practical tips. Some more articles on procurement practices of industries would be a welcome addition.

Reviewed on Jan 12, 2023

Good course to deliver concepts and widen the horizons when it comes to stakeholders management.

Reviewed on Jan 14, 2021

contract negotiation, supplier relationships explained and understood clearly and so seamlessly with examples in a nutshell !!

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