Procurement for Supply Chain Management
Level 5 Endorsed Diploma |150 CPD Points | Advanced Audiovisual Lessons, Exam & Full Tutor Support
One Education
Summary
- Certificate of completion - £9
- Certificate of completion - £15
- Certificate of completion - £109
- Exam(s) / assessment(s) is included in price
- Tutor is available to students
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Overview
Learn at your own pace, anytime and anywhere with our online course.
An organisation incurs significant annual expenses due to procurement. An individual with business acumen, the necessary skills, and expertise in procurement will always be in demand and receive a generous wage package.
Individuals who complete this online course will have the skills and information necessary to function as successful procurement professionals. You will acquire knowledge of the numerous facets of procurement, including how to organise, plan, and manage projects, how to find suppliers, how to pick the best ones, and how to negotiate with them, as well as how to make sure that procurement rules and standards are being followed. A variety of topics are covered in the course, such as contract management, sourcing and supply chain management, procurement strategies, and procurement management.
Learning Outcomes:
Here are a few important skills you will achieve from our course:
- Acknowledge the foundations of procurement and the significance of this discipline to corporate operations.
- Organise, schedule, and oversee procurement initiatives
- Locate, pick, and bargain with suppliers
- Evaluate and put into practice procurement laws and norms.
- Identify and use procurement tactics
- Comprehend and use supply chain and source management
- Detect and use contract management
Procurement course is endorsed by the Quality Licence Scheme, ensuring your newly acquired skills will enhance your professional development.
Key Features:
- Quality Licence Scheme endorsed
- CPD Accredited Course
- Lifetime Access & 24/7 Support
- Self-paced course modules
Achievement
CPD
Course media
Description
Module Attributes:
The course has been meticulously designed to deliver maximum information in minimum time. This approach enables students to easily comprehend the core concepts and confidently apply them to diverse real-life scenarios.
Course Curriculum:
This online course is designed with the following modules:
Module 01:
Supply Chain Basics
- Defining Supply Chain Management
- Procurement & Its Strategic Role
- The Evolution of Purchasing
- Reducing Time to Market
- Procurement Summary
- Assessment
Module 02:
Role in an Organisation
- Purchasing and Supply in Different Types of Organisation
- Centralisation & Decentralisation
- Methods of Organising the function
- Departmental Organisation
- Purchasing in the Organisation Structure
Module 03:
The Purchasing Cycle
- The Steps in the Cycle
- Additional Points to Consider
- Identifying a Need
- The Purchase Requisition
- Material Requirements
- Planning Schedule
- Developing a System
- Identifying Suppliers
- Issuing the Purchase Order
- Issuing a Change Order
- Invoice Auditing
Module 04:
Purchasing Toolkits
- Analysing the Price
- General Economic Issues
- Variable-Margin Pricing
- Six Categories of Cost
- Analysing Costs
- Evaluating Suppliers
Module 05:
Managing Competitive Bids
- RFP’s and RFQ’s
- Using Weighted Analysis
- The Halo Effect
- Using a Selection Committee
- Elements of the Analysis
- Creating a Contract
- Ethical Considerations
Module 06:
Quality Management
- Defining Quality
- Quality System
- Specifications
- Defining Specification
- Standardisation
- Quality Assurance & Quality Control
- Tests for Quality Control and Reliability
Module 07:
Supplier Relationship Management
- Defining Supplier Relationship Management
- Collaborative Business Relationships
- Relationship Formation
- Models of Supplier Relationships
- The Termination of Relationships
Module 08:
Analysing and Reducing Risk in the Supply Chain
- Defining Risk Management
- The Risk Management Process
- Internal and External Drivers of Key Risks
- Risk Description
- Risk Estimation
- Risk Identification Techniques
- Risk Analysis Methods and Techniques
- Best Practice of Risk management
Module 09:
Improving Efficiency and Accuracy
- Reason for Evaluating Supplier Performance
- Things to Evaluate
- Quantitative Approaches to Supplier Evaluation
- Service Level Agreement
- The Seven Cs of Effective Supplier Evaluation
Module 10:
Category Management
- Introduction to Category Management
- Categories of Category Management
- Themes of Category Management
- Category Management Risk Profiling
- Corporate Travel
- Capital Investment
Module 11:
Inventory Management
- Introduction
- Provisioning System
- Order Quantities & Stock Control
- Material Requirement Planning (MRP)
- Defining MRP
- The Main Features of an MRP System
- MRP2
- Distribution Resource Planning
- Enterprise Resource Planning
- Lean & Agile Supply
Module 12:
E-Procurement
- E-SCM & E-Procurement
- Electronic Data Interchange (EDI)
- E-Hub, Exchanges, Portals, Marketplace
- E-Catalogue
- E-Auction
- E-Payment
Method of Assessment
- MCQ Based
- Passing Marks 60%
- Instant Assessment and Feedback
Certification:
- QLS Endorsed Certificate
- CPD Accredited (CPD QS) Certificate
- Both PDF & Hardcopy certificates are available
Who is this course for?
- Anyone involved in supply chain management or purchasing, such as purchasing managers, supply chain managers, and procurement experts, should take this course.
- For individuals wishing to work in supply chain management, it is also advantageous.
Requirements
There are no specific prerequisites to enrol in this course. Anyone and everyone can take this course.
Career path
After passing this online course, explore opportunities including the following:
- Procurement Professional (£30,000 to £60,000)
- Supply Chain Manager (£24,000 to £48,000)
- Purchasing Manager (£30,000 to £60,000)
- Procurement Analyst (£30,000 to £75,000)
- Supply Chain Analyst (£24,000 to £60,000)
- Supply Chain Coordinator (£24,000 to £48,000)
- Procurement Officer (£20,000 to £45,000)
Questions and answers
How are the evaluations, online or in a classroom?
Answer:Dear Antonio, Thank you for your questions. There will be an MCQ-based online exam at the end of the course. Thanks
This was helpful.
Certificates
Certificate of completion
Digital certificate - £9
CPD Accredited Certification from One Education
After successfully completing this course, you will qualify for the CPD accredited certificate from One Education, as proof of your continued professional development. Certification is available in both PDF & hardcopy format, which can be received by paying:
- PDF Certificate: £9
Certificate of completion
Hard copy certificate - £15
- Hardcopy Certificate (within the UK): £15
- Hardcopy Certificate (international): £15 + £10 (postal charge) = £25
Certificate of completion
Hard copy certificate - £109
Endorsed Certificate of Achievement from the Quality Licence Scheme
After successfully completing this course, learners will be able to order an endorsed certificate as proof of their achievement. Hardcopy of this certificate of achievement endorsed by the Quality Licence Scheme can be ordered and received straight to your home by post, by paying —
- Within the UK: £109
- International: £109 + £10 (postal charge) = £119
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Legal information
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