Supply Management and Procurement
The Supply Management & Procurement certification track presents the details of how goods and services are ordered by converting purchase requisitions, created by the demand planning organization, to purchase orders that are issued to suppliers. In this track, specific emphasis is placed on supplier identification, selection and approval, sourcing activities, negotiations with suppliers and the overall systematic selection of goods and services. Technology innovations along with numerous options for transportation modes enable procurement organizations to source items globally to achieve the best value solutions to fulfill their requirements.
Numerous positions often exist in procurement organizations and they are referred to as buyers, sourcing analysts, commodity experts, and subcontract administrators.