All prices are in Canadian dollars.

SMT-C1 - Procurement

Date:   Jan 14, 2021 - Apr 15, 2021
Time:   5:30 PM (MST)
Location:   Northern Territories Self Study Online

Supply Chain management is the process of strategically managing the flow of goods, services, finance, and knowledge, along with relationships within and among organizations, to realize greater economic value. The goal of this course is to help participants understand the procurement process and appreciate how it fits into the overall field of supply management. 

The procurement process extends well beyond the boundaries of the procurement department.  In most organizations, the procurement department plays an integral role in all major procurement activities, in either a lead or a supporting role. This course develops the tactical aspects of procurement. It intends to provide information and techniques to allow junior to intermediate procurement staff to work more effectively. 

 
 Upon completion of this module, candidates should be able to:
  • Describe the historical developments of procurement and how it fits within an overall supply chain
  • Define supply chain management, value chain, and purchasing
  • Define types of tender processes and explain their uses
  • Understand the integration of the supply chain with enterprise objectives
  • Explain best practices for sourcing, selecting, and evaluating suppliers
  • Explain contract formation, the competitive bidding laws of Canada and ethics
  • Apply negotiation tactics and techniques appropriately
  • Appreciate the use of calculations for the total cost of ownership, the breakeven point, cost management, and the learning curve
  • Understand the need for quality from suppliers
  • Describe the basics and need for lean inventory management
  • Explain the differences between commercial, government, and retail buying of goods and services


Members

  • $650.00

Non-Members

  • $795.00

Textbook

  • $175.00

Registration/Enrollment

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