NegotiationContracts
Global Procurement and Sourcing Specialization
Learn about Global Procurement and Sourcing. Reviews the key aspects of global procurement and sourcing, and the importance of procurement to the firm, its stakeholders, and suppliers.
Offered By
Global Procurement and Sourcing SpecializationRutgers the State University of New JerseyWhat you will learn
Why Procurement is important to the firm and it works within the firm
How to select and evaluate suppliers
Learn how to analyze supply markets
Iimprove your negotiation skills and thereby improve your outcomes
Skills you will gain
About this Specialization
19,890 recent views
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.
Applied Learning Project
In addition to the videos, readings, and podcast, learners will use their learned knowledge and newly acquired skills to solve/answer questions for "real" life cases. These cases are required and will be assessed by a Peer group. The last case in the Negotiation course, the student has an additional option to answer not only as a buyer but as a seller. That will bring more of a "real" life negotiation.
Shareable Certificate
Earn a Certificate upon completion
100% online courses
Start instantly and learn at your own schedule.
Flexible Schedule
Set and maintain flexible deadlines.
Beginner Level
No prior experience required.
Approx. 7 months to complete
Suggested 2 hours/week
English
Subtitles: English
Shareable Certificate
Earn a Certificate upon completion
100% online courses
Start instantly and learn at your own schedule.
Flexible Schedule
Set and maintain flexible deadlines.
Beginner Level
No prior experience required.
Approx. 7 months to complete
Suggested 2 hours/week
English
Subtitles: English
There are 7 Courses in this Specialization
Procurement & Sourcing Introduction
32 ratings
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:
Procurement Basics
11 ratings
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
Strategic Sourcing
7 ratings
This course will provide a detailed overview of a Strategic Sourcing Process (7 step Process): Profile the Category, Develop a Category Sourcing Strategy, Generate Supplier Profile, Choose Competitive Selection or Supplier Development, Select Supplier(s) and Negotiate, Implement, Continuous Improvement/Supplier Relationship Management
Supplier Management
6 ratings
This course will cover Supplier Selection and Evaluation, Contract Management, Quality & Risk Management, and Ethics.
Offered by
Rutgers the State University of New Jersey
Frequently Asked Questions
What is the refund policy?
If you subscribed, you get a 7-day free trial during which you can cancel at no penalty. After that, we don’t give refunds, but you can cancel your subscription at any time. See our full refund policy.
Can I just enroll in a single course?
Yes! To get started, click the course card that interests you and enroll. You can enroll and complete the course to earn a shareable certificate, or you can audit it to view the course materials for free. When you subscribe to a course that is part of a Specialization, you’re automatically subscribed to the full Specialization. Visit your learner dashboard to track your progress.
Is financial aid available?
Yes, Coursera provides financial aid to learners who cannot afford the fee. Apply for it by clicking on the Financial Aid link beneath the "Enroll" button on the left. You'll be prompted to complete an application and will be notified if you are approved. You'll need to complete this step for each course in the Specialization, including the Capstone Project. Learn more.
Can I take the course for free?
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. If you only want to read and view the course content, you can audit the course for free. If you cannot afford the fee, you can apply for financial aid.
Is this course really 100% online? Do I need to attend any classes in person?
This course is completely online, so there’s no need to show up to a classroom in person. You can access your lectures, readings and assignments anytime and anywhere via the web or your mobile device.
How long does it take to complete the Specialization?
7 weeks
What background knowledge is necessary?
None. Course is designed for new to middle management procurement professionals, but also valuable for more senior procurement professionals that want to "brush" up on some skills or maybe non-procurement people that just want to learn about procurement.
Do I need to take the courses in a specific order?
It is recommenced that you take the courses in order as there is some building of knowledge throughout the courses.
Will I earn university credit for completing the Specialization?
No, but you can, at your option, receive a Certificate if you pass all the assessments.
What will I be able to do upon completing the Specialization?
You can use this knowledge to increase your skills to either perform better in your current procurement job (hopefully which will lead to a promotion), or if a non-procurement person, you will have a better understanding of how procurement works, thereby increasing your overall performance in your existing job.
More questions? Visit the Learner Help Center.