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Provided by: Online Training Directory Basics Of Smart International Procurement |
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Are you responsible for increasing your organization ™s international procurement and don ™t know where to begin? International procurement is a challenge. Buying internationally is much more complex than buying domestically. The student can complete their course of study within anytime frame as long as it does not exceed 60 days from the stamped start date. Reasonable time should be given to digest all relevant course lessons and materials.
Basics Of Smart International Procurement Are you responsible for increasing your organization?s international procurement and don?t know where to begin? International procurement is a challenge. Buying internationally is much more complex than buying domestically. Buying internationally involves having to expand your knowledge of many aspects of procurement that you don?t have to worry about when buying domestically. Differences in cultures, laws, communications, currencies, and more have to be understood to support international procurement. And if you don?t have a good foundation, your international procurement efforts will have a higher probability of failing. But the good news is that the details of successful international procurement don?t have to be a mystery. The highly personal and interactive online course ?Basics of Smart International Procurement? will teach you the critical things every purchasing professional needs to know before buying from foreign suppliers! Frequently Asked Questions How long will it take me to complete the course? The amount of time it takes to complete the course is dependent upon the time you are able to spend in study. Each lesson takes approximately 30-60 minutes to complete and the course is comprised of 8 lessons.
Students generally complete the course in 4-8 hoursWill I be able to work at my own pace? Yes. The online format of the instruction method allows you to proceed according to your own pace. Your personal schedule governs your completion time. The material is available on demand online.Are there any required books for the course? No.
The course is completely online and you will also receive a printer-friendly version of the course. This are included at no additional cost to you.Can I assess what I have learned? Yes. Each lesson has a review quiz. From there you will be able to determine if you understood the concepts or if you still need to review the materials further.
You will need to score 70% or higher overall on the quizzes to successfully complete the course.
Basics Of Smart International Procurement Are you responsible for increasing your organization?s international procurement and don?t know where to begin? International procurement is a challenge. Buying internationally is much more complex than buying domestically. Buying internationally involves having to expand your knowledge of many aspects of procurement that you don?t have to worry about when buying domestically. Differences in cultures, laws, communications, currencies, and more have to be understood to support international procurement. And if you don?t have a good foundation, your international procurement efforts will have a higher probability of failing. But the good news is that the details of successful international procurement don?t have to be a mystery. The highly personal and interactive online course ?Basics of Smart International Procurement? will teach you the critical things every purchasing professional needs to know before buying from foreign suppliers! Frequently Asked Questions How long will it take me to complete the course? The amount of time it takes to complete the course is dependent upon the time you are able to spend in study. Each lesson takes approximately 30-60 minutes to complete and the course is comprised of 8 lessons.
Students generally complete the course in 4-8 hoursWill I be able to work at my own pace? Yes. The online format of the instruction method allows you to proceed according to your own pace. Your personal schedule governs your completion time. The material is available on demand online.Are there any required books for the course? No.
The course is completely online and you will also receive a printer-friendly version of the course. This are included at no additional cost to you.Can I assess what I have learned? Yes. Each lesson has a review quiz. From there you will be able to determine if you understood the concepts or if you still need to review the materials further.
You will need to score 70% or higher overall on the quizzes to successfully complete the course.
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Training
Provided by Online Training Directory
- D asked: I would like to schedule a meeting with you and our team to discuss this course. The requesting team has questions related to content, timeframe, options, etc. Can you contact me regarding this? Thank you.
- A asked: What can I do to begin the online procurement training, computer based
- E asked: kindly let me have online procurement courses available and cost
- B asked: Please send me a copy of study material
Basics Of Smart International Procurement
Outcomes You will learn how to assess the cultural differences that you may experience with suppliers from different parts of the world, plus?
- 7 key characteristics of cultural differences that you need to know to avoid any unpleasant surprises from your suppliers
- How to determine whether international suppliers might be withholding bad news from you
- How international suppliers differ in the importance they place on personal relationships
- How the importance of contracts will differ among international suppliers
- When you might face one of the worst shocks ? an international supplier?s request to renegotiate a contract
- 5 critical clauses that should be included in every international procurement contract
- 6 principles for writing contract language that is clear and ideally suited for international procurement situations
- Tips for reducing intellectual property risks
- How to handle communication when you and your supplier have different native languages
- Little known facts for reducing communication misunderstandings with foreign suppliers, including the use of jokes, hand gestures, and written communications
- How exchange rates get factored into international procurement transactions
- How to calculate currency conversions
- Currency risks associated with international procurement transactions
- How hedging tools like forward contracts and options are used to protect buying organizations from cost increases
- 3 ways that products are services are priced and a currency strategy for each
- The increased significance of accurate forecasts in international transactions and how poor forecasts impact cost
- A risk sharing formula that truly distributes risk equally between a buyer and a foreign supplier
- Lesson 1 ? Introduction & Understanding Cultural Differences, Part I
- Lesson 2 ? Understanding Cultural Differences, Part II
- Lesson 3 ? Legal Aspects Of International Procurement
- Lesson 4 ? Communications in International Procurement
- Lesson 5 ? Understanding Foreign Currency Exchange
- Lesson 6 ? Currency Risk Management
- Lesson 7 ? Effect of Forecast Uncertainty
- Lesson 8 ? Pricing Issues For Assemblies
About The Training Provider: Online Training Directory
Online Training Directory - JER Online (JER Group, Inc.) lists over 1000 , cost affordable, non-credit Courses and Certificates in its own proprietary online catalog. We are always adding "more courses...all the time " to a growing inventory.
The courses and certificates that comprise JER Online s course catalog are developed by (1) JER Online, (2) a growing number of accredited .edu partners and by (3) corporate...
