Importance of Identifying the Need in Procurement

Strategic Procurement Mastery: From Fundamentals to Real-World Application

Created by: Derek Thompson
Procurement Instructor: Transforming Learner into Leaders

What Will I Learn?

• Understand need identification's role in procurement to drive success.
• Master key tools and techniques for enhanced procurement decision-making.
• Engage stakeholders inclusively for diverse, effective procurement decisions.
• Analyze case studies for real-world application of strategic procurement practices.

Requirements

• No prior procurement or business experience required. Interest in learning about procurement and supply chain management. Access to a computer and internet for course materials and interactive tools.

Target audience

• This course is designed for a wide array of learners who are interested in the intricacies of procurement, ranging from beginners eager to dive into the fundamentals of procurement processes to mid-level professionals looking to enhance their strategic procurement skills. Specifically, it caters to: Early-Career Professionals: Individuals starting their journey in procurement, supply chain management, or business operations will find this course invaluable for laying a solid foundation in procurement basics, understanding the strategic role of need identification, and learning how to apply best practices in real-world settings. Mid-Level Procurement and Supply Chain Managers: Professionals already working in procurement or supply chain roles who aim to deepen their strategic understanding of procurement processes, improve stakeholder engagement techniques, and leverage advanced tools and techniques for more effective decision-making. Project Managers and Business Leaders: Individuals responsible for overseeing projects or leading teams will benefit from the course’s focus on strategic procurement, including stakeholder engagement and real-world case study analysis, to make informed procurement decisions that align with organizational goals. Entrepreneurs and Small Business Owners: Owners of small and medium-sized businesses seeking to optimize their procurement processes, reduce costs, and improve efficiency will find practical advice and strategies to apply directly to their operations. Students and Academics: Individuals pursuing studies in business, supply chain management, or related fields who are looking for a comprehensive understanding of procurement principles, practical tools, and real-world applications to supplement their academic knowledge. The course is structured to be accessible for beginners, with no prior knowledge required, while also providing depth and practical insights for more experienced learners aiming to expand their skills and strategic understanding of procurement.