Procurement is the foundation of every supply chain — but most logistics professionals never get formal training in it. This course covers the full procurement lifecycle, from supplier selection to contract management, built specifically for the logistics context.

What you'll learn: • Procurement fundamentals: strategic sourcing, total cost of ownership, and make-vs-buy decisions • Supplier identification, qualification, and due diligence • RFQ and RFP processes: writing them, evaluating responses, and running competitive bids • Contract negotiation: terms, SLAs, liability clauses, and price escalation mechanisms • Vendor performance management: scorecards, KPIs, and supplier review processes • Risk management: supplier diversification, contingency planning, and force majeure • Freight procurement: carrier bidding cycles, lane analysis, and rate benchmarking • Spend analysis and cost reduction strategies • Building long-term supplier partnerships that drive reliability and innovation

Built for supply chain managers, procurement professionals, and logistics leaders responsible for vendor relationships and operational spending.