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Course Description

In this lesson you will discover how taking a proactive approach in your procurement process reaps benefits for yourself and your supplier and contributes to your firm's competitive strategy. You will use the annual buying plan as a tool for determining the what, when, how, and how many procurement decisions for your firm. You will also see how to curate a bill of materials to help you determine the demand and budget for the different component parts that are necessary to produce a finished good.

Benefits to the Learner

  • Use an Annual Buying Plan to take a proactive procurement approach
  • Translate your sales forecast into demand requirements to determine a materials budget
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Type
self-paced (non-instructor led)
Dates
Jun 11, 2022 to Dec 31, 2030
Total Number of Hours
1.0
Course Fee(s)
Regular Price $0.00
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