Procurement & Supply Planning tools and techniques.

Learn how to Make purchasing strategies ,MRP, forecast, inventory policies and techniques to minimize supply costs.

This course includes:
13 total hours | 18 downloadable resou18 downloadable resources | Full lifetime access | Access on mobile and TV | Certificate of completionrces | Full lifetime access | Access on mobile and TV | Certificate of completion

What you’ll learn

• tools and techniques for your procurement journey

• Master the forecasting of demand for supply planning

• How to segment your suppliers and negotiate with them accordingly

• Know the different payment terms used in Contracts.

• Understand the terms and conditions in Contracts.

• How to evaluate suppliers and your assets turnover.

• The inventory techniques the procurement professional should know.

• Know the different kind of organizational purchases and the right inventory planning tools for them

• Excel in negotiation strategies as a procurement professional

• Know the delivery terms used in Contracts and purchase orders

• Use Make or Buy tools to make Purchasing decisions.

• Use MPS and MRP to plan for the quantity and time of issuing orders for material and components


♦ Motivation to learn more on procurement and supply chain.


Welcome to Procurement & supply planning tools and techniques. In this course, we will learn :

1-How to do forecasting for purchasing and procurement purposes?

2- What are the strategies we use for negotiation with suppliers.

3- How to do make or buy decisions?

4- How to count for safety stock when buying finished products, materials, and components?

5- How to segment suppliers to maximize cost?

6- The difference between bidding strategies and when to choose each one of them.

7- The types of Contracts and when to choose one of them.

8- How to mitigate risk when sourcing

The course combines analytics and theory. during which, you will have a supply planning journey where you will be responsible for forecasting, planning for production, and Material requirement planning. 

Course Preview

Who this course is for

Procurement professionals | Forecasting and inventory practiotionars | Logistics professionals. | Supply chain professionals

Course Content