Certification in Purchasing and Materials Management

Learn the principles and strategies involved in purchasing and materials management, sourcing & procurement to inventory
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Udemy
platform
English
language
Operations
category
Certification in Purchasing and Materials Management
1 097
students
12 hours
content
Oct 2023
last update
$84.99
regular price

Why take this course?

  1. Introduction to Industrial Purchasing and Materials Management

  2. Functions of Purchasing Department

    • Economic Buying and the purchasing function
    • The role of purchasing in modern organizations
    • The importance of strategic sourcing and supply chain management
    • Ethical considerations in purchasing
  3. Stages of Quality Inspection

    • 3.1: Planning the inspection program
    • 3.2: Pre-purchase examination
    • 3.3: Receiving and Incoming Quality Inspection
    • 3.4: Importance of receiving and Incoming quality inspection
    • 3.5: Check-Lists for receiving and Incoming Materials and Parts
    • 3.6: Inspecting a Shipment
    • 3.7: Inspection of Goods at Receiving and in Manufacturing System
    • 3.8: Methods of Inspection
  4. Acceptance sampling plans

    • 4.1: Introduction
    • 4.2: Acceptance Sampling – Brief History
    • 4.3: Acceptance Sampling – Definition
    • 4.4: Acceptance Sampling Procedure
    • 4.5: Role of Acceptance Sampling
    • 4.6: Acceptance Sampling plan
    • 4.7: Types of Acceptance sampling plans
    • 4.8: Type I and Type II Errors
    • 4.9: Advantages of Acceptance sampling
    • 4.10: Disadvantages of Acceptance sampling
    • 4.11: The Operating Characteristics (OC) Curve
  5. Vendor process capability and Material Handling

    • 5.1: Introduction to process capability
    • 5.2: Concept of Process
    • 5.3: Concept of Process capability
    • 5.4: Handling the vendor process capability
    • 5: Benefits of Vendor Capability
    • 5: Material Handling, Storage and Control Systems
  6. Standards and Specifications in Purchasing

  7. Contracts and Legal Aspects

  8. Procurement Planning

  9. Project Management in Industrial Purchasing

  10. Strategic Sourcing and Supply Chain Management

  11. Risk Management and Analysis in Purchasing

  12. Cost Reduction Techniques in Purchasing

Part 2:

  1. Price Definition and Negotiation Techniques

    • 13.1: Introduction to Price Definition
    • 13.2: Objectives of Pricing
    • 13.3: Factors influencing Pricing Strategies
    • 13.4: Negotiation – Introduction and Concepts
    • 13.5: Types of Negotiations and Examples
    • 13.6: The process of Negotiation and Skills for Successful Negotiating
    • 13.7: Obstacles to Negotiation and Overcoming Them
  2. Vendor Rating, Selection and Development

    • 14.1: Introduction to Vendor Rating
    • 14.2: Vendor/Supplier Evaluation Methods
    • 14.3: Need for Measuring Supplier Performance
    • 14.4: Categories of Suppliers and Their Characteristics
    • 14.5: Supplier Evaluation and Selection Process
  3. Public Purchasing, Tendering, & International Purchasing

    • 15.1: Introduction to Public Purchasing
    • 15.2: Law of Contract Act, 1872 in India
    • 15.3: The Indian Contract act, 1872 and its relevance today
    • 115.4: International Purchasing and Tendering Processes

Part 3:

  1. Assignments related to the topics covered in this syllabus. These assignments are designed to test your understanding of the concepts, principles, techniques, legal aspects, ethical considerations, strategic sourcing, risk management analysis, cost reduction techniques, and project management within the field of Industrial Purchasing and Materials Management. Please note that the numbering in this syllabus is for organizational purposes and may not reflect the actual course numbers. It's essential to refer to your institution's official course listings for accurate course codes.

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5558712
udemy ID
14/09/2023
course created date
17/10/2023
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