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Course Description

In this course, you will determine the factors of importance in making purchasing decisions in line with your organization’s objectives. You will explore purchase specifications and align them with requests for quotations (RFQs) and purchase orders. You will then examine how purchasing supports your organizational goals, such as choosing higher-quality versus lower-price goods, in conjunction with your organization’s strategies and tactics. Finally, you will explore the factors that influence whether you should make a good (or provide a service) in house, or purchase that good or service from an outside vendor.

Faculty Author

Christopher Gaulke

Benefits to the Learner

  • List product or service characteristics that fulfill an organizational goal
  • Use the firm’s strategies and tactics to fine-tune a purchasing decision
  • Define the variables that impact a make-or-buy decision

Target Audience

  • Operations managers and executives
  • Purchasing department staffers
  • Supply chain managers
  • Procurement clerks
  • Inventory managers
  • Aspiring procurement and purchasing managers
  • Entrepreneurs

Applies Towards the Following Certificates

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Enroll Now - Select a section to enroll in
Type
2 week
Dates
Dec 11, 2024 to Dec 24, 2024
Total Number of Hours
10.0
Course Fee(s)
Contract Fee $74.00
Type
2 week
Dates
Feb 19, 2025 to Mar 04, 2025
Total Number of Hours
10.0
Course Fee(s)
Contract Fee $74.00
Type
2 week
Dates
Apr 30, 2025 to May 13, 2025
Total Number of Hours
10.0
Course Fee(s)
Contract Fee $74.00
Type
2 week
Dates
Jul 09, 2025 to Jul 22, 2025
Total Number of Hours
10.0
Course Fee(s)
Contract Fee $74.00
Type
2 week
Dates
Sep 17, 2025 to Sep 30, 2025
Total Number of Hours
10.0
Course Fee(s)
Contract Fee $74.00
Type
2 week
Dates
Nov 26, 2025 to Dec 09, 2025
Total Number of Hours
10.0
Course Fee(s)
Contract Fee $74.00
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