Effective supply chain is crucial for businesses to ensure consistent supply of raw materials and continuation of its value creation.

Foundations of Purchasing: Principles and Practices

Foundations of Purchasing: Principles and Practices
This course is part of Business Execution: Ops, Team Management & Communication Specialization


Instructors: Manish Gupta
3,360 already enrolled
Included with
52 reviews
Recommended experience
What you'll learn
Describe the purchasing process and its strategic importance to organizations.
Identify techniques for effective supplier evaluation, selection, and management.
Identify techniques for effective supplier evaluation, selection, and management.
Apply knowledge of purchasing and supply chain management to real-world scenarios
Skills you'll gain
- Compliance Management
- Supplier Performance Management
- Vendor Contracts
- Negotiation
- Vendor Management
- Vendor Relationship Management
- Contract Negotiation
- Contract Management
- Supplier Management
- Strategic Sourcing
- Purchasing
- Business Ethics
- Price Negotiation
- Supply Management
- Procurement
- Supplier Relationship Management
- Supply Chain Management
- Ethical Standards And Conduct
- Supply Chain
- Contract Compliance
Details to know

Add to your LinkedIn profile
See how employees at top companies are mastering in-demand skills

Build your subject-matter expertise
- Learn new concepts from industry experts
- Gain a foundational understanding of a subject or tool
- Develop job-relevant skills with hands-on projects
- Earn a shareable career certificate

There is 1 module in this course
Earn a career certificate
Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.
Instructors

Offered by
Explore more from Business Strategy
Status: Free TrialAirbus Beyond
Status: Preview
Status: Free TrialRutgers the State University of New Jersey
Status: PreviewS.P. Jain Institute of Management and Research
Why people choose Coursera for their career

Felipe M.

Jennifer J.

Larry W.

Chaitanya A.
Learner reviews
- 5 stars
80.76%
- 4 stars
13.46%
- 3 stars
3.84%
- 2 stars
0%
- 1 star
1.92%
Showing 3 of 52
Reviewed on May 9, 2025
For businesses, purchasing is a strategic function, as explained in this course.
Reviewed on Apr 11, 2025
At first, it was a bit hard with the teacher's English but very fast I adapted. The course is very well structured and the information is very well organized and delivered. Thank you!
Reviewed on Sep 23, 2024
Very in depth. Renewed my love for Purchasing again.
Advance your career with an online degree
Earn a degree from world-class universities - 100% online
¹ Some assignments in this course are AI-graded. For these assignments, your data will be used in accordance with Coursera's Privacy Notice.


