Home Specialist skills   Commodity Management

Commodity Management

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    Outline the core features and values generated from a commodity and currency market.
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    Explain the concept of the market itself, the market dynamics and market drivers.
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    Differentiate between the drivers in an organic and inorganic market.
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    Evaluate the drivers within different commodities.
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    Explore the consequences of supply and pricing of external STEEPLED factors.
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    Know how to capitalise upon opportunities and defend against risks in commodity procurement.

Overview

Off the shelf (OTS)

Aimed at those with 2-3 years procurement experience - Does your organisation buy raw materials directly or indirectly within the supply chain? Do your suppliers quote short-term prices that seem to fluctuate widely? Is a significant quantity of your procurement undertaken in a different currency? If so, then the Fundamentals of Commodity Management course is for you. This course will help you to develop a basic awareness of commodity products and currency management.

Delivery method
Virtual icon

Virtual

Course duration
Duration icon

7 hours

Competency level
Foundation icon

Foundation

Pink building representing strand 4 of the campus map
Delivery method
  • Virtual icon

    Virtual

Course duration
Duration icon

7 hours

Competency level
  • Foundation icon

    Foundation

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