The Procurement 401 advanced courses examine advanced purchasing methods including budgeted versus unexpected requirements, Vendor-Managed Inventory, digital shifts in purchasing, comprehensive sourcing strategies, supplier evaluations using global standards, contract negotiations, and sustainable and ethical sourcing considerations.
Through in-depth studies, hands-on exercises, and explorations of end-to-end purchase order flows, these courses aim to enhance expertise in strategic procurement for seasoned professionals.
Key topics include supplier relationship management, contract methodology, product prioritization, and striking a balance between sustainability and ethical sourcing.