About this Course
Compare Costs: Smart Procurement for Success is an essential course for any professional involved in purchasing who aims to make truly informed, data-driven decisions. The lowest price on a quote is rarely the lowest total cost. This course equips you with the analytical framework to see beyond the sticker price and calculate the Total Landed Cost—including all the hidden fees like shipping, duties, and insurance that impact your bottom line. Through practical case studies and hands-on spreadsheet exercises, you will master the art of building a powerful quotation comparison matrix. You will learn to structure supplier proposals side-by-side for a fair, transparent evaluation. Crucially, you will apply advanced spreadsheet techniques like conditional formatting to instantly visualize the most cost-effective options and flag non-compliant offers. By the end of this course, you will be able to stop guessing and start making procurement decisions that are both financially sound and strategically smart
What You'll Learn
- Identify total landed costs associated with procurement decisions for informed purchasing
- Build quotation comparison matrices for transparent evaluation
- Apply advanced spreadsheet techniques like conditional formatting to highlight best options
- Analyze practical case studies to improve procurement skills
- Use tools to quickly visualize results and assess proposals accurately
Prerequisites
- Basic computer and internet skills
- Ability to read course instructions in English and complete short practice activities
Instructors
LearningMate