Procurement Strategies
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Procurement Strategies
This course is part of Airbus Supply Chain Specialist Professional Certificate
Instructor: Airbus Beyond
2,342 already enrolled
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What you'll learn
Apply sourcing and procurement frameworks for supplier selection
Conduct supplier analysis and manage supplier performance
Understand key contract elements and manage contracting processes
Use negotiation strategies to build enduring and beneficial supplier relationships
Details to know
See how employees at top companies are mastering in-demand skills
Build your Business Strategy expertise
- Learn new concepts from industry experts
- Gain a foundational understanding of a subject or tool
- Develop job-relevant skills with hands-on projects
- Earn a shareable career certificate from Airbus Beyond
There are 5 modules in this course
Advance your supply chain expertise by mastering the critical areas of sourcing, procurement, contract management, and supplier relations. In this course, you’ll learn how to identify, select, and develop suppliers using industry-standard frameworks and analysis methods. You'll explore value chain optimization, understand the fundamentals of contracts and their role in ensuring reliable operations, and dive deep into supplier assessment and evaluation processes. You'll also gain essential skills in negotiation strategy and relationship management, both of which are crucial for building ethical, long-term partnerships that strengthen supply chain resilience.
By the end of this course, you will be able to: - Apply sourcing and procurement frameworks for supplier selection - Conduct supplier analysis and manage supplier performance - Understand key contract elements and manage contracting processes - Use negotiation strategies to build enduring and beneficial supplier relationships - Optimize value chains for efficiency and competitiveness
Time to get back on your journey to becoming a supply chain specialist! In this first module, you’ll start by learning all about sourcing and procurement and the main tools, analyses and frameworks used in their strategies. After that, you’ll learn how to identify the best potential suppliers and why choosing the right ones is crucial for supply chain success. Finally, you’ll learn what the value chain is, what activities are a part of it, and how to optimise your own value chains.
What's included
12 videos19 readings5 assignments1 plugin
12 videos•Total 30 minutes
- Introduction to the Procurement Strategies Course•2 minutes
- What is sourcing and procurement?•3 minutes
- New Useful Frameworks for Sourcing and procurement•3 minutes
- The sourcing and procurement roadmap•2 minutes
- Informing procurement strategies through market analysis•2 minutes
- The importance of supplier selection•3 minutes
- Choosing the ideal supplier•2 minutes
- What is a Value Chain? •3 minutes
- Value Chain Analysis •2 minutes
- What is a value chain optimisation?•2 minutes
- The impact of technology in value chains•3 minutes
- Sourcing and Procurement Summary•2 minutes
19 readings•Total 129 minutes
- Introduction to Sourcing and Procurement Learning Objectives•2 minutes
- Procurement Strategies Course Overview•10 minutes
- How Spend Analysis Drives Procurement Financials•10 minutes
- Chain Surfing - Explore the sourcing and procurement frameworks•1 minute
- Sourcing and Procurement Strategies Learning objectives•2 minutes
- Market research techniques•10 minutes
- How to integrate market analysis into procurement strategies •10 minutes
- Identifying Potential Suppliers Learning Objectives•2 minutes
- Aligning supplier selection with business strategy•10 minutes
- Finding the ideal supplier•10 minutes
- Introduction to the Value Chain Learning objectives•2 minutes
- Detailed Breakdown of Activities in Value Chains•10 minutes
- How to Conduct Value Chain Analysis?•5 minutes
- Value Chain Optimisation Learning objectives•2 minutes
- Strategies for value chain optimisation•10 minutes
- 3D and 4D printing: an example of value chain revolution•10 minutes
- Sourcing and Procurement Wrap up - Learning objectives•2 minutes
- Sourcing and Procurement Key Takeaways•20 minutes
- References•1 minute
5 assignments•Total 80 minutes
- Sourcing and Procurement Graded Quiz•25 minutes
- It's quizzing time!•10 minutes
- Its quizzing time!•10 minutes
- Supplier Identification Case Study•25 minutes
- It’s quizzing time!•10 minutes
1 plugin•Total 15 minutes
- Explore the sourcing and procurement frameworks•15 minutes
Contracts are the backbone of supply chains. They are what allow agreements to be made between key stakeholders, and what guarantees that they are fulfilled. In this module, you’ll learn what contracts are and their fundamental elements, what the main challenges in contract management are and the importance of innovation in contracting, along with the most important technological developments in this area.
What's included
6 videos12 readings3 assignments1 plugin
6 videos•Total 15 minutes
- Understanding Contracts in Supply Chains: Definitions and Types•4 minutes
- Mastering Contract Negotiation: Key Elements and Strategies•3 minutes
- The Main Challenges in Contract Management•3 minutes
- Technological Innovation in Contract Management - video •3 minutes
- The Future of Contracting•2 minutes
- Contract Management summary•2 minutes
12 readings•Total 84 minutes
- Introduction to Contract Management Learning objectives•2 minutes
- Contract Creation and Laws•10 minutes
- How to Negotiate Contracts?•10 minutes
- Challenges in Contract Management Learning objectives•2 minutes
- Explore the Main Challenges in Contract Management•10 minutes
- Comprehensive Strategies for Effective Contract Management•10 minutes
- Innovation in Contract Management Learning objectives•2 minutes
- Features and Benefits of CLM Software in Contract Management•10 minutes
- Future Trends in Contract Management•10 minutes
- Contract Management Wrap up - Learning objectives•2 minutes
- Contract Management Key Takeaways•15 minutes
- References•1 minute
3 assignments•Total 45 minutes
- Contract Management Graded Quiz•25 minutes
- It’s quizzing time!•10 minutes
- It’s quizzing time!•10 minutes
1 plugin•Total 15 minutes
- Guess the Challenges of Contract Management - ungraded plugin •15 minutes
Knowing how to evaluate suppliers and select the right ones is one of the most important elements to efficient supply chains. In this module, you’ll dive deeper into supplier evaluation processes, assessment and proposals, you’ll learn the best assessment methods and criteria, understand how to develop your existing suppliers to their maximum potential, and how to manage this whole process.
What's included
7 videos15 readings5 assignments1 plugin
7 videos•Total 22 minutes
- What is supplier assessment and supplier proposals•3 minutes
- Why is supplier assessment so important?•3 minutes
- Choosing the Right Assessment Method•4 minutes
- Understanding Supplier Assessment Criteria and Categories•4 minutes
- Developing Suppliers•3 minutes
- The purpose of managing assessment processes•3 minutes
- Supplier Evaluation and Selection Summary•2 minutes
15 readings•Total 106 minutes
- Fundamentals of Supplier Assessment Learning objectives •2 minutes
- The proposal evaluation process •10 minutes
- The supplier assessment process•5 minutes
- Supplier assessment standards and the ISO 9001•10 minutes
- Assessment Methods and Criteria Learning objectives •2 minutes
- How to Develop and Score Assessment Criteria•15 minutes
- Supplier Development Learning objectives•2 minutes
- Developing a Supplier Development Plan•10 minutes
- Trends and Technologies Shaping Supplier Selection•10 minutes
- Managing the Assessment Process Learning objectives•2 minutes
- How to manage the assessment process•10 minutes
- AS9100: an example from the aerospace industry•10 minutes
- Supplier Evaluation and Selection Wrap up - Learning objectives•2 minutes
- Supplier Evaluation and Selection Key Takeaways•15 minutes
- References•1 minute
5 assignments•Total 80 minutes
- Supplier Evaluation and Selection Graded Quiz•25 minutes
- It’s quizzing time!•10 minutes
- It’s quizzing time!•10 minutes
- It’s quizzing time!•10 minutes
- Assessment Process Case Study•25 minutes
1 plugin•Total 15 minutes
- Explore the Assessment Methods•15 minutes
Strong supplier relationships are the bedrock of resilient supply chains, and negotiation is how such relationships can be established in lasting and mutually beneficial ways. In this module, you will explore what negotiation is, its importance for supply chains and its key concepts, the main negotiation techniques, the main steps of a negotiation strategy and how to execute one. You will also learn why building supplier relationships is so important, and how to build them in ethical ways.
What's included
5 videos9 readings3 assignments
5 videos•Total 13 minutes
- What is negotiation? •3 minutes
- The negotiation strategy•2 minutes
- Why Build Supplier Relationships?•3 minutes
- Ethics and Supplier Relationships•3 minutes
- Negotiation and Supplier Relationships Summary•2 minutes
9 readings•Total 54 minutes
- Negotiation Learning objectives•2 minutes
- Key concepts in negotiation•7 minutes
- Executing your negotiation strategy•10 minutes
- Supplier Relationships Learning objectives•2 minutes
- How to Build Strong Supplier Relationships•5 minutes
- Steps and Challenges in Ethical Sourcing and Procurement•10 minutes
- Negotiation and Supplier Relationships Wrap up - Learning objectives•2 minutes
- Negotiation and Supplier Relationships Key Takeaways•15 minutes
- References•1 minute
3 assignments•Total 60 minutes
- Negotiation and Supplier Relationships Graded Quiz•25 minutes
- It’s quizzing time!•10 minutes
- Negotiation Case Study•25 minutes
Welcome to the final project of the course "Procurement Strategies"! This hands-on project will be graded and necessary for you to receive your certificate. It will require around 60 minutes to complete, so make sure to set aside enough time to focus on it!
What's included
1 assignment
1 assignment•Total 60 minutes
- Procurement Strategies Final Project•60 minutes
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