Improving Procurement Practices

Created in Partnership with:

About This Course

Firms are finding that they can indeed develop sources of competitive advantage by finding and/or developing excellent partners in procurement. Moreover, as corporate social responsibility becomes more important to consumers, where and how an organization sources its materials tells consumers a lot about the company and whether it “lives” its core values.

Topics & Takeaways

  • Procurement, Performance, and Competitive Advantage: read about influence and performance by studying the Penn State Supply Chain Model®, look at strategic variables with procurement, learn proven ways to cut spending
  • Continuity and Resiliency: investigate supplier selection criteria, view and create an ideal supplier scorecard, discuss a metric missing in your supplier’s scorecard
  • Mitigating and Managing Risk: take a closer look at supplier continuity and supplier development strategies, reflect on the Goldilocks Procurement strategy
  • Building a Stronger Business Case: read about the impetus for Supply Management and apply the COMMIT approach internally and synthesize our work from the week

Business Impact

  • Leverage your firm’s purchasing power to improve performance
  • Analyze your current supplier selection process and metrics
  • Adopt the use of a proven supplier development model called COMMIT

Target audience

  • Newer supply chain leaders who want to study introductory concepts
  • Supply chain leaders addressing operational issues within the supply chain


  • 5 daily lessons, approximately 30 minutes of activities in each of the first four days
  • 60 minute virtual live event with Expert Faculty on the capstone day
  • Expert Guide support of questions, comments, and group engagement and collaboration
  • Active participation – devoting your time to structured dialogue, private reflection, and deliberate practice will increase your knowledge and takeaways
  • Practical application – you can directly try and apply what you learn each day

Expert Faculty

Chris Craighead

Dove Professor, Haslam College of Business at the University of Tennessee. Affiliate Faculty in Supply Chain Management at Penn State Smeal College of Business

Course Features

100% Online Course Platform

30 Minutes Per Day

Leadership Coaching

World-Class Expert Teaching

Community of Practice

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