Procurement Basics
Master fundamental procurement concepts, processes, and stakeholder management. Learn key differences between direct and indirect procurement.
Master fundamental procurement concepts, processes, and stakeholder management. Learn key differences between direct and indirect procurement.
This course cannot be purchased separately - to access the complete learning experience, graded assignments, and earn certificates, you'll need to enroll in the full Global Procurement and Sourcing Specialization program. You can audit this specific course for free to explore the content, which includes access to course materials and lectures. This allows you to learn at your own pace without any financial commitment.
4.7
(490 ratings)
26,795 already enrolled
Instructors:
English
پښتو, বাংলা, اردو, 3 more
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What you'll learn
Understand the fundamental differences between purchasing and procurement
Master basic procurement processes including RFQ, RFP, and RFX
Distinguish between direct and indirect procurement methods
Develop effective stakeholder management strategies
Learn to measure and demonstrate procurement value
Skills you'll gain
This course includes:
0.83 Hours PreRecorded video
1 assignment
Access on Mobile, Tablet, Desktop
FullTime access
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There are 5 modules in this course
This comprehensive course covers essential procurement fundamentals, including key definitions, organizational importance, and process flows. Students learn the crucial differences between direct and indirect procurement, master RFQ/RFP processes, and develop stakeholder management skills. The course combines theoretical knowledge with practical applications through case studies and peer reviews, preparing learners for real-world procurement challenges.
Welcome & Procurement Definitions
Module 1 · 41 Minutes to complete
Importance of Procurement
Module 2 · 48 Minutes to complete
Procurement Processes
Module 3 · 40 Minutes to complete
Directs vs. Indirects
Module 4 · 27 Minutes to complete
Stakeholder Management
Module 5 · 3 Hours to complete
Fee Structure
Instructor
Senior Global Procurement and Supply Chain Executive
Don Klock is a senior global procurement and supply chain executive with over 30 years of experience in the international and domestic markets, having held key positions in major multinational consumer product corporations such as Colgate-Palmolive, Mars, Inc., and Reckitt Benckiser. After retiring from Colgate-Palmolive, where he served as Vice President and Chief Procurement Officer, Klock transitioned to academia as an adjunct professor of Supply Chain Management at Rutgers University Business School. During his 11-year tenure at Colgate-Palmolive, he led a comprehensive global procurement transformation that generated savings exceeding $1 billion. His areas of expertise include global procurement and sourcing, cost-saving strategies, supplier innovation, supply chain systems and processes, customer service enhancement, talent management, and change management. In recognition of his significant contributions to both business and academia, he received the Procurement Leaders Lifetime Achievement Award in 2014. Additionally, he launched the “Global Procurement and Sourcing Specialization” course on Coursera in 2020, attracting over 30,000 enrolled students. Don holds an MBA in Operations Management from the University of Rochester and a BS in Engineering and Management from Clarkson University. He resides in New York City with his wife.
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4.7 course rating
490 ratings
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