Through this procurement training course, you will deepen your understanding of both the purchasing
and procurement cycle, as well as learn the fundamentals of supply chain management. You will gain all
the necessary skills required to successfully manage and build positive relationships with suppliers,
evaluate supplier performance, identify procurement needs, and much more.
Furthermore, you will develop in-demand strategic and problem-solving skills that will instantly boost
your earning potential and help you to develop productive, competent and solid teams that achieve
shared organizational goals.
1. Supply Chain Basics
- The process areas within supply chain management
- Strategic roles of procurement
- Overview of the evolution of purchasing through procurement
2. Role of Procurement in an Organization
- Purchasing and supply in different types of organizations
- Purchasing in the Organization structure
3. The Purchasing Cycle
- Identifying a need
- Planning a schedule
- Developing a system
- Issuing a purchasing order
- Carrying out other key procedures
4. Purchasing Toolkits
- Cost and price analysis
- Categories of cost
- Supplier evaluation
5. Managing Competitive Bids
- Using a selection committee
- Using weighted analysis
- Creating a contract
6. Quality Management
- Exploring the five approaches to quality management
- Implementing a quality system
- Defining specification
- Types of specification
7. Supplier Relationship Management
- Collaborative business relationships
- Exploring the stages of the collaborative relationship framework
- Models of supplier relationships
8. Analyzing and Reducing Risk in the Supply Chain
- Risk management process
- Internal and external drivers of key risks
- Risk analysis methods and techniques
9. Improving Efficiency and Accuracy
- Evaluating supplier performance
- Covering the seven Cs of supplier evaluation
- Quantitive approaches to supplier evaluation and service level agreement
10. Category Management
- Different categories and themes of category management
- Capital investment procurement and corporate travel
11. Inventory Management
- Stock control and classification
- Material requirement planning
- Lean methodology
12. E-procurement
- Business-to-business process of requisitioning,
- Ordering, and purchasing goods
- Electronic data interchange
- E-catalogues and e-auctions