Module 2: Procurement and Supply Management
Asynchronous Learning or Synchronous Learning
*NEW* When you click 'REGISTER', you will be asked to provide contact details and your province of residence. For international Candidates, please select 'International' as your province. You will then receive an email from your selected provincial institute with the registration and payment link.
This module has two options for delivery:
Option 1: Asynchronous
Option 2: Synchronous
7:00pm to 10:00pm Central Time (Wednesdays)
Procurement is the process of acquiring goods and services by organizations. Traditionally, procurement has not been thought of in a strategic sense. As the percentage of production items that are purchased has risen, so has the importance of procurement. Procurement is now one of the key strategic elements of an organization. The goal of this module is for candidates to better understand the strategic role of procurement, as well as tactical approaches that support the strategy.
The focus of this module is on matters of strategic and tactical importance in procurement. The module starts with a discussion of the key processes that support an organization's strategic procurement goals before comparing strategic and tactical procurement. A comprehensive procurement strategy backed up by solid procurement tactics supports an organization's goal of providing customers with highly valued products. Specific tactical matters are considered along the way.
Upon completion of this module candidates should be able to:
- Analyze, discuss, and present case reports.
- Understand the elements of procurement strategy.
- Develop procurement strategy.
- Develop and apply tactics that support procurement strategy, including those related to processes, organization, supplier selection, and relationships, decision-making, and technology.
- Analyze or direct others in the analysis of make or buy decisions, price, cost, quality, inventory, and total cost of ownership.
- Apply or direct others in the application of tools to evaluate suppliers and produce statements of work.
What is the asynchronous learning?
Asynchronous learning is a form of online, self-study and is designed for those who prefer to work at their own pace, while meeting submission deadlines as defined in the course overview. Learners will not have live, scheduled meetings or classes, but will participate via our learning management system, Brightspace (D2L), where information, ideas and learning experiences can be shared. Learners will also have access to an instructor.
What is synchronous learning?
Synchronous learning, previously known at Supply Chain Canada as virtual, instructor led. Learners will have live, scheduled classes via Zoom with the instructor and fellow classmates. This format is designed for those looking for an interactive learning experience, and to network with other participants. For SMT courses and SCMP modules: Learners will have readings and assignments to complete outside of class time that will facilitate the weekly class discussion. Participants are expected to remain up to date with the deadlines provided. Please NOTE the time zone in which you register for synchronous courses. For SMT seminars and SCMP workshops: Learners may have readings and assignments to complete ahead of the start dates that will facilitate the multi-day class discussion. Participants are expected to remain up to date with the deadlines provided. Please NOTE the time zone in which you register for synchronous courses. Please NOTE the time zone when you register for this format as there are multiple options.
What if I have to cancel my registration?
Please review the cancellation policy included within the registration and payment link.
How will I access my course materials?
All learning materials will be accessed via your Supply Chain Canada (member) portal.
This 13-week module is a mandatory component of the SCMP Designation program. Some exceptions apply for those with RPL related exemptions. Please note, this offering is only open to SCMP Candidates.
Candidates are encouraged to move through the program at a pace and sequence that suits individual schedules and career goals. Please note, it is recommended that Module 1 be taken first as it introduces Candidates to the program, and the case methodology used throughout.