- Level Foundation
- Duration 6 hours
- Course by Rutgers the State University of New Jersey
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Offered by
About
This Course includes basic information on procurement, Importance of the procurement organization and its’ role in the organization, cost vs. value, processes such as the use of RFQ, RFP, RFX, Differences between direct and indirect procurement, and Stakeholder management The course will supported by videos, readings and a required case that will be assessed by a peer review. In addition, a Practice Assessment (multiple choice) is available to the student. This should be helpful as there is a Final Assessment (40 Multiple Choice) at the end of the specialization in Course 7 that is required to obtain the certification.Modules
Welcome & Procurement Definitions
2
Videos
- Welcome Course 2
- Procurement Definitions
2
Readings
- Purchasing vs. Procurement-Top 9 Amazing Differences
- What is the Difference Between Purchasing and Procurement
Importance of Procurement-Video and Readings
1
Videos
- Importance of Procurement
2
Readings
- 3 Ways For Procurement To Prove Its Value
- Procurement Metrics
Procurement Processes-Video and Reading
1
Videos
- Procurement Processes
1
Readings
- RFQ Management Process
Directs vs, Indirects-Video and Reading
1
Videos
- Direct vs. Indirects
1
Readings
- 5 Challenges in Indirect Procurement
Stakeholder Management-Video and Readings
1
Videos
- Stakeholder Management
3
Readings
- Best Practices For Successful Stakeholder Management
- Proven Techniques for Procurement to Increase Stakeholder Engagement
- Engaging Purchasing Stakeholders: a Framework That Works
Required Case and Peer Review Assessment
1
Peer Review
- Avion, Inc. Case Peer Review
1
Readings
- Avion, Inc. Case
Practice Assessment
1
Assignment
- Practice Assessment
Auto Summary
"Procurement Basics" is a foundational course offered by Coursera in the Business & Management domain. Taught by expert instructors, it covers essential procurement concepts, including organizational importance, cost vs. value, RFQ, RFP, RFX processes, stakeholder management, and differences between direct and indirect procurement. The course features engaging videos, readings, a peer-reviewed case study, and practice assessments. It spans 360 minutes and has a starter subscription option, making it ideal for beginners seeking certification in procurement.

Don Klock