All prices are in Canadian dollars.

SMT - Procurement - Self Study Online

Date:   Apr 28, 2021 - Jul 28, 2021
Time:   5:00 PM (MDT)
Location:   Self-Study Online

Course Overview

The focus of this course is on matters of tactical significance, from defining supply management for an organization, to identifying specific tools and techniques that are often used in the procurement process.

The lessons in this course are interrelated.  In Lesson 1, we discuss what a supply chain is and how purchasing fits within the overall supply chain.  This will be followed by exploring the following concepts and tools:

  • Tendering
  • Sourcing
  • Supplier Evaluation and Selection
  • Ethics
  • Lean Supply (Inventory) Basics
  • Cost Management, Total Cost of Ownership, Break-Even
  • Learning Curve
  • Information Technology Use in Purchasing
  • Negotiation
  • Contract and Canadian Competitive Bidding Laws
  • Quality Needs
  • Buying Services
  • Performance Evaluation
  • Government Purchasing and Resale/Retail Buying

Upon completion of this course participants should be able to do the following:

  • Describe the historical developments of procurement and how it fits within an overall supply chain
  • Define supply chain management, value chain and purchasing
  • Define types of tender processes and explain their uses
  • Understand the integration of suppy chain with enterprise objectives
  • Explain best practices for sourcing, selecting and evaluating suppliers
  • Explain contract formation, the competitive bidding laws of Canada and ethics
  • Apply negotiation tactics and techniques appropriately
  • Appreciate the use of calculations for the total cost of ownership, the break-even point, cost management and the learning curve
  • Understand the need for quality from suppliers
  • Describe the basics and need for lean inventory management
  • Explain the differences between commercial, government and retail buying of goods and services


Member Rate  - $650.00+ Tax (Registrants Province)

Non-Member Rate - $795.00 + Tax (Registrants Province)

Please click below link to order your Textbook:

SMT - Procurement

Purchasing and Supply Chain Management 7th Edition – ISBN:  9780357442142

by   Monczka, Handfield, Giunipero, and Patterson   Purchasing & Supply Chain Management, 7th Edition, 7th Edition - 9780357442142 - Cengage

Cancellation Policy:

Registrants will receive a full refund to courses cancelled by Supply Chain Canada, Alberta Institute.

Registrants who have received written acceptance into a course and provided written notice to Supply Chain Canada, Alberta Institute of their withdrawal from the course 14 days prior to the first day of class, will be provided a full refund.  After 14 days, refunds will not be granted.

If you would like to withdraw from a course please send an e-mail to the program coordinator.  You are required to inform the Alberta Institute of your intent as soon as possible. Clearly state your intention to withdraw and provide authorization for us to proceed..



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