My Online Course on Udemy "Procurement Lab"

"Procurement Lab" online course on Udemy

"Procurement Lab" online course is now live on Udemy.

My new online course, "Procurement Lab," is live on Udemy.

"Procurement Lab": online business course for beginners and experts

This online course isn't about generic purchasing, supplier management, or negotiations. Such training is abundant elsewhere on Udemy. 

As a consultant and tutor, I can spend long hours explaining each topic in detail. I will overwhelm you with information, which may sometimes be difficult to digest and even harder to practice. 

It takes years of hands-on experience to learn how to process the theoretical constructs into light and valuable tools for daily use.

Putting on our students' shoes, we tried to answer simple yet essential questions that make sense for every procurement professional, either a beginner or an expert.

- How to apply Agile methodology in procurement?

- How to excel in strategic sourcing? 

- How to deliver more value?

- How to work more effectively?

Each section of our online training course should provide a few possible answers by offering best practice strategic procurement concepts, techniques, and tools and trying them in real sourcing situations. 

Then it's up to you to judge which solution you can take to your office the next day upon finishing this course and exercise new ways of working. 

Procurement training topics of this Udemy course 

1. Definitions of Agile. Iron Triangle of Project Management. The actual cost of Time-to-Market. Agile supplier selection. Fixed-scope negotiations.

2. Reverse marketing. Strategic procurement management vs. purchasing. Procurement cost evolution. Sourcing strategy. Alternatives to the RFP process.

3. The evolution of the procurement process. TCO and value-based procurement. Sourcing levers. Value delivery.

4. Buying channels. Spend profile analysis. Value stream mapping for business-process optimization. 

We will propose a dozen practical exercises and cases for you to try and decide what fits better.



Comments

Post a Comment

Popular Posts

The Importance of Supply Chain Collaboration

Image
  Why is supply chain collaboration essential? Once, I was asked what makes the supply chain important to a company. Our profession may not be rocket science. Other peers around the company overlap with us in their functions - Technology tends to manage suppliers , Finance owns the demand planning and budgeting , and Sales and Marketing monopolize the end-customer value chain.  These and other colleagues do not always appreciate us; some believe they are even better at our job.  Shadow procurement, supply chain, and logistics have become standards for many companies.  However, some critical differentiators - like collaboration - justify the very existence of our profession!  The supply chain is the most collaborative function in the business.  We find peers everywhere, even behind enemy lines. We welcome any opportunity to form a cross-functional team with anyone who can bring business value through supply chain strategies, sales  and operations planning,  inventory management,   B
Read more

The Discovery of Procurement Value

Image
Procurement value demystified Unfortunately, " procurement value " became another buzzword – everyone tells us to generate, capture, and sustain it.  This post attempts to provide the most comprehensive view on procurement value and practical methods of its realizations compared to many other web sources replicating slogans and mystifying logical and straightforward concepts.  The meaning of value Value is not substantive. It is rather adjectival. It characterizes something or results from the application of something. It doesn't exist in its raw form; it's being created. It's a universal differentiator between good and bad things or actions. This 1914 philosophical article defines value  as the object of proper judgment . How easier does it make the explanation of value? The value is equally apparent for those who know the truth.  Therefore, we will give different definitions, not pretend to have found the unilateral value formula. Value is paramount t
Read more

The New Looking of Industrial Buying

Image
Industrial buying has been subjected to research for over a half-century.  Instead of treating the act of buying as a spontaneous event, researchers viewed it as a series of patterns explained by the nature of actors, demands, and relationships.   Such a new looking provides a relationship-centric context of industrial buying instead of superficial product characteristics shaping the entire process. Buygrid Framework : An Introduction to Industrial Buying Theory  The Buygrid Framework  (1967)  classical procurement theory analyzes the industrial (B2B) buying behavior and business processes.  It presents industrial buying not as a single event but as an organizational decision-making process where multiple individuals decide on a purchase.  The framework comprises a matrix of " buyclasses " and "buy phases." Buy phases Buy phases pretty much remind the steps of the source-to-contract cycle: identification of needs, establish specifications, Search for alternatives, e
Read more