SECTION ONE: UNDERSTANDING THE PROCUREMENT AND SOURCING PROCESS. Introduction to Purchasing. The Purchasing Process. Purchasing Organization. Purchasing Policy and Procedures. Purchasing as a Boundary Spanning Function. SECTION TWO: STRATEGIC SUPPLY MANAGEMENT. Procurement and Sourcing Strategy Development. Insourcing/Outsourcing. Supplier Evaluation and Selection. Supplier Quality Management. Supplier Management and Development. Global Sourcing. SECTION THREE: APPROACHES FOR MANAGING THE PROCUREMENT AND SOURCING PROCESS. Purchasing Tools and Techniques. Cost/Price Analysis. Negotiation. Managing Contracts. SECTION FOUR: ACTIVITIES THAT SUPPORT THE PROCUREMENT AND SOURCING PROCESS. Legal Issues and Purchasing Contracts. Inventory Management for Purchasers. Purchasing and Transportation. Purchasing Information Systems. Performance Measurement and Evaluation. SECTION FIVE: FUTURE DIRECTIONS. Future Trends: Purchasing and Sourcing Strategy.
{{comment.content}}