Purchasing and Vendor Management Essentials

Call 1-800-358-6389 This self-paced online training course introduces individuals to the essential concepts of purchasing and vendor management. An organization's purchases account for a large share of its total costs. The changing nature of todayís business environment and the move toward decentralization has extended the purchasing function to departmental levels, so that it also includes non-purchasing professionals. Regardless of their specific roles, many managers and team leaders have purchasing and vendor management responsibilities.

CBT Directís Online Purchasing and Vendor Management Essentials Training can help individuals understand the purchasing process. This course gives students a general knowledge of common purchasing considerations, strategies, and the impact on purchasing activities at the departmental level. Equipping purchasing personnel with this information can help organizations save on purchases and build more rewarding vendor relationships.

Benefits of CBT Directís Online Purchasing and Vendor Management
Essentials Training

CBT Direct boasts the most beneficial online training on the market. With CBT Directís online training, you have the flexibility to study on your schedule, and with the speed and reliability of the internet, CBT Directís Purchasing and Vendor Management Essentials training course is accessible anywhere you have an internet connection. Convenience finally costs less with CBT Direct - the most affordable online training solution today.

The unique design of CBT Directís Purchasing and Vendor Management Essentials course emphasizes learner initiative, self-management and experiential learning. CBT Directís online course design begins with the definition of user-focused performance objectives and then proceeds to the selection and implementation of instructional strategies and learning activities appropriate for those objectives. This effective instruction model for CBT Directís Purchasing and Vendor Management Essentials training course ensures the greatest level of comprehension and retention.

Who Benefits from CBT Directís Purchasing and Vendor Management
Essentials Training?

Our self-paced online training is designed to help individuals working as a purchasing or vendor manager, wanting to develop or refine their purchasing and vendor management essentials skills.

What Professionals Will Learn from CBT Directís Purchasing and Vendor Management Essentials Training

Click Here to Request a Quote Our self-paced online training course will provide an overview of the purchasing and vendor management essentials functions within an organization. Learners will be introduced to the stages of the general purchasing process and discuss how to develop a purchasing strategy within the context of a corporate strategy.

CBT Directís online training will examine how to find sources of supply using this solicitation process and prepares you to choose the best sourcing strategy for a given purchase. You will also discuss how purchase requisitions are created and how information about suppliers is proactively researched. Finally, this course covers how, based on this information, solicitation documents are prepared and sent to potential suppliers for their responses.
Click here to see a detailed curriculum outline.

This self-paced online training course discusses how to choose suppliers using the supplier evaluation and selection process. Training participants will also learn how to create a supplier evaluation matrix, comprised of various predetermined criteria, and use the matrix to evaluate and select the best proposal. This online course also outlines some key principles of effective negotiation and introduces common types of contracts that are used to meet different purchase requirements.

This course examines the strategies for monitoring performance and maintaining productive long-term supplier relationships. Additionally, it outlines several types of supplier performance issues and offers ways to handle them.


Purchasing and Vendor Management Essentials

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