This course qualifies as a free course to new members and renewing members. This should be a required course for anyone in Purchasing or business and
is a requirement for the Certified Purchasing Professional program. The ability to use elementary mathematics is of paramount importance to consistently buy economically. Don’t be fooled by clever salespeople because you didn’t calculate the proper cost. Both new buyers and seasoned purchasing managers will benefit from this course. Most will learn something new and all will refresh their memories of valuable forgotten material. The course will cover the proper use of percentages, conversion of various units of measure, financial ratios to determine supplier capabilities and likely stability, use of indexes to evaluate prices, use of present value to assess the true purchase costs over time, how to determine the cost of payment discounts, how to convert foreign currencies, use of the EOQ formula to purchase the proper quantity, plus much more. This self-running online course is attended via the Internet. It requires up to two or three continuous hours of attendance. Students are contacted by email with instructions on how to take the course within a day or two of registration. Students may attend the course at any time during the day. This makes the class more convenient for students. All materials are included in the price of the course and will be available online while attending class. This course is nonrefundable.
Format Dates Offered |
Pricing |
Registration |
| Start Date: Open End Date: Open This course qualifies as one offered free to new members and members who have renewed in the current year, but in order to obtain it free you must telephone Member Services at 630-859-0250 to register. | $154.00 |
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