This course equips you to operationalize supplier onboarding and performance monitoring, keep inventories aligned with demand through trigger levels and cycle counts, and analyze spend to reveal cost-saving opportunities. Topics include creating and managing preferred-supplier lists, vendor master-data best practices, performance reporting cadence and data maintenance, document-control conventions, and accounts-payable controls such as the three-way match. You will practice inventory cycle-count procedures and replenishment triggers, and use basic spend–analytics techniques (pivoting, summarization) to identify primary cost drivers. The course is oriented toward maintaining data integrity across supplier and inventory systems and translating transactional records into actionable spend insights.

Supplier, Inventory, and Spend Management
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Supplier, Inventory, and Spend Management
This course is part of Procurement Essentials: Streamline and Boost Success Professional Certificate

Instructor: Professionals from the Industry
Included with
Recommended experience
What you'll learn
Explain the purpose and maintenance process for a preferred-supplier list.
Apply a supplier intake checklist to collect and enter master data accurately.
Perform cycle-count reconciliations and record variance actions for inventory control.
Summarize spending data (pivot/summarize) to identify primary cost drivers and recommend savings.
Skills you'll gain
- Inventory Management
- Performance Analysis
- File Management
- Document Control
- Data Integrity
- Accounts Payable
- Supplier Management
- Inventory Control
- Document Management
- Cost Reduction
- Purchasing
- Performance Measurement
- Supplier Performance Management
- Supply Management
- Vendor Management
- Supplier Relationship Management
- Procurement
- Vendor Relationship Management
Tools you'll learn
Details to know

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March 2026
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Rutgers the State University of New Jersey

University of California, Irvine
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