Introduction to Purchasing & Procurement

Procurement involves the process of finding, and selecting vendors and establishing payment terms. Procurement also includes strategic vetting, selection, the negotiation of contracts and actual purchasing of goods. Purchasing and Procurement process is the foundation of the strong relationship with the vendors.

The Introduction to Purchasing & Procurement provides the practical knowledge of Supply Chain Management, Purchasing toolkit, the Purchasing cycle, tools and trade, etc. In the course, you will also learn how to manage competitive bids and the procedures for minimising the Supply Chain Risk.

The course will able to apply your knowledge in the real world. You will also be able to use the Procurement tools from the PC-based applications to Cloud-based applications.

Course Curriculum

• Course Overview
• Supply Chain Management Basics
• The Purchasing Cycle
• Purchasing Toolkit
• Managing Competitive Bids
• Improving Efficiency and Accuracy
• Analyzing and Reducing Risk in the Supply Chain
• Managing Internal Relationships
• Tools of the Trade

Eligibility / Requirements

Our Introduction to Purchasing & Procurement is fully compatible with any kind of device. Whether you are using Windows computer, Mac, smartphones or tablets, you will get the same experience while learning. Besides that, you will be able to access the course with any kind of internet connection from anywhere at any time without any kind of limitation.