Procurement Management

• TWG Offer 5 units of the Procurement Management Diploma Program
• The course duration of every unit is 3 days
• After sucessfull completion of every unit, the candidates will get individual certificate of every unit
• Upon Sucessfull complition of all 5 Units, the candidate can appear for the Diploma Exam conducted by the PECB Board

Unit 1 - Contexts of Procurement & Supply

• Explain the categories of spend that an organisation may purchase
• Analyse the different sources of added value in procurement and supply
• Compare the concepts of procurement and supply chain management
• Differentiate the stakeholders that a procurement or supply chain function may have
• Explain the main aspects of sourcing processes
• Analyse the main stages of a sourcing process
• Explain how electronic systems can be used at different stages of the sourcing process
• Analyse the relationship between achieving compliance with processes and the achievement of outcomes
• Explain the main aspects of corporate governance of a procurement or supply chain function
• Analyse the impact of organisational policies and procedures on procurement
• Compare the different structures of a procurement or supply chain function
• Explain the common IT systems that can be used by a procurement or supply chain function
• Identify different economic and industrial sectors
• Analyse the impact of the public sector on procurement or supply chain roles
• Analyse the impact of the private sector on procurement or supply chain roles
• Analyse the impact of the not for profit or third sector on procurement or supply chain roles

Unit 2 - Business Needs in Procurement & Supply

• Analyse how business needs influence procurement decisions
• Explain how costs and prices can be estimated for procurement activities
• Explain the criteria that can be applied in the creation of a business case
• Explain the operation of financial budgets for the control of procurements
• Assess different types of specifications used in procurements of products or services
• Explain the content of specifications for procurements
• Develop examples of key performance indicators (KPIs) in contractual agreements
• Explain sources of contractual terms for contracts that are created with external organisations
• Interpret examples of contractual terms typically incorporated into contracts that are created with external organisations
• Assess the main types of pricing arrangements in commercial agreements
• Differentiate outsourcing from other types of procurement
• Assess how outsourcing can impact on procurement
• Develop a plan for procuring outsourced work or services

Unit 3 - Sourcing in Procurement & Supply

• Explain the sourcing process in relation to procurement
• Compare the main approaches to the sourcing of requirements from suppliers
• Develop selection and award criteria that can be commonly applied when sourcing requirements from external suppliers
• Explain the main consequences on supply chains when sourcing requirements from suppliers
• Choose appropriate selection criteria to inform the identification of appropriate external suppliers in the sourcing plan
• Choose a balance of commercial and technical award criteria in the sourcing plan
• Produce a plan for the sourcing of goods or services from external suppliers
• Identify the main sources of information on potential suppliers' financial performance
• Calculate measures of liquidity, profitability, gearing, investment from relevant financial data on potential suppliers
• Evaluate the financial performance of potential suppliers using relevant financial data
• Assess commonly used sources of information on market data that can impact on the sourcing of requirements from external suppliers
• Explain the main processes used for obtaining quotations and tenders
• Evaluate the criteria that can be commonly applied to the assessment of quotations or tenders
• Explain how electronic systems can be used to help the sourcing of requirements from external suppliers
• Analyse the main legislative, regulatory and organisational requirements when sourcing in the not for profit,
• private and public sectors, and international suppliers

Unit 4 - Negotiating & Contracting in Procurement & Supply

Unit 5 - Managing Contracts & Relationships in Procurement & Supply

Eligibility / Requirements

Procurement and supply chain professionals who would like to significantly increase their credibility through their working knowledge of various aspects of the supply chain will benefit from attending the five units and attempting the PECB exam for the Diploma.