Supply Chain: Downstream And Upstream Procurement
Understanding how downstream and upstream procurement works best in the supply chain first requires understanding the makeup of a typical procurement organization. Opening by explaining the two departments that constitute a Procurement organization, Sourcing and Purchasing, this course teaches employees the independent functions of these departments and how they can positively or negatively impact one another. Upon presenting thorough overviews of downstream procurement and upstream procurement, this course details the value that upstream (sourcing) and downstream (purchasing) provide. Present this course so employees understand the difference between upstream and downstream procurement and why downstream and upstream procurements work best when the two functions are synchronized with communications flowing both ways.