Strategic Procurement and Purchasing

Acquire a foundational understanding of managing and optimizing procurement and supplier management. You will learn basic principles of purchasing and develop strategies in supplier negotiations impacted by economic and regulatory issues.

Short Course

Strategic Procurement and Purchasing

Overview

Acquire a foundational understanding of managing and optimizing procurement and supplier management. You will learn basic principles of purchasing and develop strategies in supplier negotiations impacted by economic and regulatory issues.

Download Program PDF

At University Park

2-day Short Course

Fees$ 2,150

$ 2,600 w/lodging + meals (Discounts Available)

StartJun 08, 2020

EndJun 09, 2020

Register - Starts Jun 08, 2020 Save my Seat

At Your Location

Contact us about bringing this short course to your location.

Customization of this program or unique custom learning solutions also available!

Contact Us

T: 800-311-6364

Who Should Attend

  • This introductory program is for managers or directors who are new to purchasing, new to managing purchasing staff, or anyone looking to brush up on current purchasing issues and strategies. Past participant titles have included:
    • Procurement Operations Specialist
    • Director, Accounting Services
    • Manager, Contract Management
    • Strategic Influencers
    • Material Control Supervisor
    • Purchasing Manager
    • Strategic Sourcing Manager

Program Benefits

  • Improve your ability to:
    • Discuss the importance of purchasing in the supply chain
    • Explain the dynamic environment of the purchasing industry including economic and regulatory issues
    • Decide what procurement strategies make sense for your company
    • Understand the basics of spend analysis
    • Discuss key issues in supplier negotiation

Program Content

  • Key Purchasing Concepts
    • Spend analysis
    • Commodity segmentation
    • Supplier bid evaluation
    • Supplier and industry research
    • Global/worldwide sourcing
    • Total cost of ownership analysis
  • Current Trends
    • Domestic trends
    • International trends
    • Sustainability in the supply base
    • Ethics in procurement
    • Supplier quality
  • Influence the Process
    • Data and influence
    • How to get the most out of the supply base
    • Maintaining strong supplier relationships
  • Case Studies
    • Cost modeling techniques
    • Market intelligence
    • Negotiation
    • RFP Development in Manufacturing and Services
The course curriculum was a great blend of supply chain and procurement. It was also a great blend of people who brought different experiences to the program.
Bill Bianco Buyer/Inventory Supervisor, Hussey Copper

Value For You and Your Organization

Strategic Procurement and Purchasing provides practical information to better manage purchasing operations. You will learn techniques for lowering total procurement costs or maintaining current costs in an environment where material costs are on the rise.

The Executive Programs Short Course Experience

All of our transformational learning experiences provide the right environment for you to quickly develop and apply new capabilities.

Pre-work

You'll have access to a personal learning portal where you will obtain pre-program assignments, travel support, and a list of fellow participants. Pre-work prepares you to immediately engage in content and learning when you arrive on campus.

Practical Content

Our learning experiences pair practical action learning and coaching with new knowledge, tools, and perspectives. We'll explore current, real-world examples of how organizations around the globe address critical challenges and how it may relate to yours.

Led by Experts

Plug into our network of thought leaders. Our award-winning teachers, researchers, consultants, and practitioners understand today's leaders and the critical challenges they face. They will work with you to offer guidance before, during, and after each program.

Peer Networking

You'll learn as much from your peer cohort as you do from the instructors! The value of different perspectives coming from different organizations and their challenges are immeasurable.

Faculty

Expert executive faculty who have led significant change within the private and public sectors will provide models and frameworks to help you transform vision into and action plan for results.

Additional Details

Our Learning Solutions Associate will be happy to hold a seat for you in this program. A reservation does not commit you to the program until you submit the registration form online.

Questions? Please call 800-311-6364 or 814-865-3435

  • Pricing
    • $ 2,150 covers tuition, materials, lunch, breaks, and the group dinner only (you are responsible for lodging, travel, "on your own" dinners)
    • $ 2,600 includes above plus meals and lodging at the Nittany Lion Inn or The Penn Stater (you are responsible for travel)
  • 20% Off Course Registration Fees
    • Active Military Personnel
    • Penn State Alumni
    • Teams of three or more attending this program from one company.

After you register, you will receive an email including information on accessing your personal learning portal where you will obtain your pre-program assignments, travel coordination and support, and a list of program faculty and fellow participants also registered for the program.

Pre-work prepares you to immediately engage in content and learning when you arrive on campus.

Penn State University Park campus is located in State College, Pa. and is served by the University Park Airport (SCE).

For our guests in the meals and lodging plan, we will arrange shuttle service to and from the airport located five miles from campus, and you will be staying at either the Nittany Lion Inn or The Penn Stater. Once you've arrived on campus, all activities will be within a short walking distance. Parking is available and included for those driving.

Credit Card

Program fees are due in full upon acceptance into this program. American Express, Visa, MasterCard and Discover are accepted.  A link for secure online payments will be sent with an invoice after enrollment.

Check or Wire Transfer

Company or Bank Check Bank Wire Transfers

Make the check payable to: 

The Pennsylvania State University
Federal Tax ID# 246-000-376

Mail to: 

Penn State Executive Programs
484 Business Building
University Park, PA  16802-3004

Citizens Bank, Philadelphia, PA
ABA #036076150
Swift Code:  CTZIU33
For credit to:  The Pennsylvania State University

Account #610001-168-2
Reference #506-03 865-3435
(Please inform us of the date that the transaction is conducted)

Transfers, Refunds, Withdrawals

If an accepted Penn State Executive Programs applicant finds it necessary to transfer to another session of the same program, one transfer will be allowed with no charge if arranged more than six (6) weeks prior. Additional transfers, transfers to a different program, or transfers arranged less than six (6) weeks prior incur a charge of 10% of the current program fee.

The sponsoring company may identify a replacement, but the replacement candidate must be accepted for the program through an admissions review.

  • The following refunds will apply for withdraws if Penn State Executive Programs is notified in writing within the time period stated:
    • Full refund with notification received more than six (6) weeks prior to start of the program
    • 50% refund with notification received between two (2) and six (6) weeks before the start of the program.
    • No refund with notification received two (2) weeks or less prior to the start of program.

Note: The registered participant or their agent must confirm all notification of withdrawals, transfers and substitutions in writing. If written notification is not received, the full program fee will be assessed.

Cancellations

The University may cancel or postpone any course or activity because of insufficient enrollment or other unforeseen circumstances. If a program is canceled or postponed, the University will refund registration fees but cannot be held responsible for any other related charges, or expenses, including cancellation/change charges by airlines or travel agencies. In the case of postponement, as an alternative to a refund, program fees may be transferred to another session of that program.

If you have any questions or concerns about our cancellation policy, please contact us to discuss further.