This course is part of the Global Procurement and Sourcing Specialization

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1,073 ratings

Don Klock

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Global Procurement and Sourcing SpecializationRutgers the State University of New Jersey

About this Course

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After a warm Welcome to the Global Procurement and Sourcing Specialization, I will provide a brief introduction to the specialization  and its courses covering the following: 
-Instructor Biography 
-Who should take this course
-Flow of the course

Following the introduction, the student will get the opportunity to learn about some of the current challenges facing procurement and sourcing professionals today through reading ten current articles ranging from what is procurement to how to collaborate with suppliers. These articles/knowledge will be a foundation for later courses on how to use tools, processes and improve skills to address many of these opportunities. There will be a brief assessment (true/false) of your knowledge gained from these articles.

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Shareable Certificate

Earn a Certificate upon completion

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Coursera Labs

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Course 1 of 7 in the

Global Procurement and Sourcing Specialization

Beginner Level

Approx. 4 hours to complete

English

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What you will learn

Understand Course Flow and Requirements

Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Coursera Labs

Includes hands on learning projects.

Learn more about Coursera Labs

Course 1 of 7 in the

Global Procurement and Sourcing Specialization

Beginner Level

Approx. 4 hours to complete

English

Could your company benefit from training employees on in-demand skills?

Try Coursera for Business

Instructor

Instructor rating

4.64/5 (375 Ratings)

Don Klock

Adjunct Professor, Supply Chain Management

Rutgers Business School

39,535 Learners

7 Courses

Offered by

Rutgers the State University of New Jersey

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Syllabus - What you will learn from this course

Content Rating98%(1,978 ratings)

Week1

Week 1

23 minutes to complete

Welcome & Course Introduction

23 minutes to complete

2 videos (Total 13 min), 1 reading

Week2

Week 2

4 hours to complete

Ten Good Articles To Read

4 hours to complete

10 readings

10 readings

What exactly is Procurement? And What is Purchasing? 20mHey Procurement! It's Time to SELL!20mSupplier Collaboration is a Win-Win Strategy20mWhen the Elephant in the Room is Your Supplier20mCommodity(or Category) Management-What is your buying Strategy20mIndirect Procurement-It is Time Rise and Shine20mSupplier Relationships-Don't Go Over To the Dark Side20mSpend Aggregation Obstacle Course for Procurement20mStrategic Supplier Relationships Management-Do's and Don'ts!20mWhat is the Difference Between Commodity and Category Management20m

1 practice exercise

Assessment on The Ten Procurement Articles-True or False40m

Reviews

4.7

266 reviews

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TOP REVIEWS FROM PROCUREMENT & SOURCING INTRODUCTION

by KMApr 9, 2021

Loads of knowledge in few articles, I am fairly new to the procurement and already learned new things and opened my eyes to the bigger picture of the field.

by SASep 25, 2021

I have a deep good understanding of how Procurement and Purchasing mix function in an organization. I vividly got a clearer picture of supply chain fits blends with the Procurement .

by ZMJul 12, 2020

Very interesting course as an introduction fir. procurement it enrich your knowledge and teach you important terms and the difference between them.

by ACDec 13, 2021

Great introductory course. Learnt a lot about the key aspects of Procurement, Commodity management, Supplier relationship management etc. Thank you!!

View all reviews

About the Global Procurement and Sourcing Specialization

We will start with a “proven” model for Strategic Sourcing, then move on to the very important topic of Supplier Management. In Supplier Management, you will learn how to select and evaluate suppliers, implement appropriate contracts, and how to mitigate risks. In Supply Market Analysis, you will learn and understand various tools and techniques to evaluate supply markets. Lastly, the course will cover the very important topic of negotiation. Outside reading will be provided to reinforce your knowledge. In addition, case studies will be used to bring these learning to life, and assessment will be used to test your overall knowledge.

Frequently Asked Questions

When will I have access to the lectures and assignments?
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.

More questions? Visit the Learner Help Center.

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Procurement & Sourcing Introduction

About this Course

What you will learn