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Course Description

This course covers numerous supply management topics from understanding Incoterms (the international commercial terms), total cost of ownership, what is blockchain, the importance of spend segmentation to improve your negotiations, and more. The course also introduces more advanced concepts such as pay-for-performance, managing costs & pricing, forecasting tools, and information about blockchain.

Topics include:

  • Understanding legal situations to avoid issues.
  • Incoterms and which ones are more advantageous to you, including update on recent Incoterms®.
  • Understanding “the Battle of the Forms”.
  • Cost reduction strategies
  • Critical elements in Inventory Management.

This course is ideal for:

  • New supply management staff and front-line supervisors.
  • Experienced professionals in the field will find the course to be informative and will learn new skills to apply in their work.

For more information about this course, email Answers or call 833-280-5634.

Applies Towards the Following Certificates

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Section Title
Supply Management Essentials
Type
Professional Development Course
Days
Th
Time
8:30AM to 4:00PM
Dates
Mar 19, 2026
Schedule and Location
View Details
Contact Hours
6.0
Location
  • LSU Online & Continuing Education - Essen Campus
Instruction Method
In-Person  
Course Fee(s)
PBFPA non-credit $395.00
CEUs
0.6 CEUs

English Proficiency Requirements

Information on English Proficiency Requirements are located here.

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