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 and managing costs and pricing, including some 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® 2020.
  • 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

Register Today!
Section Title
Supply Management Essentials
8:30AM to 4:00PM
Sep 17, 2024
Schedule and Location
Contact Hours
  • Louisiana State University
Instruction Method
Course Fee(s)
PBFPA non-credit $395.00

English Proficiency Requirements

Continuing Education Programs

Continuing Education (CE) courses and programs offered online through LSU Online & Continuing Education typically include a combination of lecture and discussion as well as reading and writing assignments. You need an adequate command of English in all skill areas (listening, speaking, reading, and writing) to participate in classes.

If English is not your native language, you must meet one of the English language proficiency requirements below to be successful in our CE programs. If you intend to register for a CE course or program, you can determine whether you meet English proficiency requirements by self-assessment prior to enrolling. We want to empower you, the learner, to progress successfully. Completing this self-assessment will enable you to make a good decision on whether you can complete one of our programs.

Intermediate English Skills

Most CE professional development courses and programs require at least intermediate English skills, which are equivalent to a B2 level of English language proficiency on the Self-Assessment Form. When assessing yourself, be sure to read through each of the categories under Column B2 to make sure you meet proficiency requirements.

Advanced English Skills

Online Distance Learning courses and microcreds are for-credit courses and might require more advanced English skills, equivalent to a C1 level on the Learner Self-Assessment Form. Be sure to read through each of the categories under Column C1 to make sure you meet proficiency requirements.

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