This course is ideal for individuals and teams who are new to the function or who wish to become more knowledgeable about fundamentals of purchasing. Participants would typically have accountabilities for acquiring defense materials and services at best value to the organization.

Key Benefits

• How the role of purchasing supports the overall mission of DOD and reduces total cost of ownership
• Purchasing transaction process flow and the procure to pay cycle
• Integrating work with other supply chain functions and methods to improve process efficiency
• Overcoming obsolescence and vendor discontinued parts
• Legal, ethical, & sustainable sourcing practices
• Contracting and FAR principles
• Negotiating tactics
• Internal customer relationship and supplier relationship management
• Supplier selection & evaluation processes
• Suppliers and why they behave as they do in the context of the buying and selling transaction
• The value of contract compliance to the larger organization
• Contract audits & the role of the Office of Inspector General in purchasing