Purchasing & Procurement Level 3 Advanced Diploma

Welcome to Purchasing & Procurement Level 3 Advanced Diploma, a comprehensive and engaging course designed to provide you with in-depth knowledge and practical skills in Purchasing & Procurement. Throughout this course, we will explore various aspects of Purchasing & Procurement and delve into its fundamental concepts, advanced techniques, and real-world applications.

Our primary objective in Purchasing & Procurement Level 3 Advanced Diploma is to equip you with a solid foundation in Purchasing & Procurement. Whether you are a beginner or an experienced professional looking to expand your expertise, this course will cater to your needs and help you achieve your learning goals.

During our journey together, you will have the opportunity to:

• Gain a thorough understanding of the core principles and theories that underpin Purchasing & Procurement.
• Acquire practical skills through hands-on exercises, projects, and real-world examples.
• Explore cutting-edge advancements and emerging trends in the field of Purchasing & Procurement.
• Prepare for future opportunities, such as further education, career advancement, or entrepreneurship, in the field of Purchasing & Procurement.
• Reflect on your learning journey, celebrate your achievements, and gain the confidence to excel in Purchasing & Procurement.

By the end of Purchasing & Procurement Level 3 Advanced Diploma, you will have gained a comprehensive understanding of Purchasing & Procurement and developed the skills necessary to succeed in this dynamic field. Whether you choose to pursue further education, enter the job market, or embark on entrepreneurial ventures, this course will lay a strong foundation for your future endeavours.

We are excited to have you join us on this educational journey, and we look forward to helping you unlock your full potential in Purchasing & Procurement Level 3 Advanced Diploma. Let's get started!

Why should you choose Course Line?

When it comes to quality education and professional development, Course Line stands out as one of the most prestigious learning providers. As a certified institution by UKRLP & CPD Group, we have a proven track record of excellence, having successfully taught over 20,000+ students and counting.

Reed Courses Certificate of Completion

Digital certificate - Included

• Disclaimer 01:00

  • 1: Disclaimer 01:00

• Module 1: Supply Chain Management Basics 11:00

  • 2: Module 1: Supply Chain Management Basics 11:00

• Module 2: Purchasing and Procurement Basics 10:00

  • 3: Module 2: Purchasing and Procurement Basics 10:00

• Module 3: Types of Purchases 16:00

  • 4: Module 3: Types of Purchases 16:00

• Module 4: The Purchasing Cycle 05:00

  • 5: Module 4: The Purchasing Cycle 05:00

• Module 5: Purchasing Tool Kit 14:00

  • 6: Module 5: Purchasing Tool Kit 14:00

• Module 6: Elements of Purchasing 09:00

  • 7: Module 6: Elements of Purchasing 09:00

• Module 7: Managing Competitive Bids 05:00

  • 8: Module 7: Managing Competitive Bids 05:00

• Module 8: Improving Efficiency and Accuracy 05:00

  • 9: Module 8: Improving Efficiency and Accuracy 05:00

• Module 9: Negotiation Techniques 15:00

  • 10: Module 9: Negotiation Techniques 15:00

• Module 10: Analysing and Reducing Risk in Supply Chain 07:00

  • 11: Module 10: Analysing and Reducing Risk in Supply Chain 07:00

• Module 11: Tools of Trade 05:00

  • 12: Module 11: Tools of Trade 05:00

• Assessment 10:00

  • 13: Final exam 10:00

Welcome to the course outline for Purchasing & Procurement Level 3 Advanced Diploma. In this comprehensive learning journey, we will explore the depths of Purchasing & Procurement, delving into its core principles, practical examples, and advanced techniques. Through a series of engaging lectures and exercises, you will gain the knowledge and skills necessary to excel in the field of Purchasing & Procurement Level 3 Advanced Diploma.

*****Purchasing & Procurement Level 3 Advanced Diploma Course Syllabus*****

Module 1: Supply Chain Management Basics

• Defining Supply Chain
• What is Supply Chain Management
• Basic Supply Chain – Physical Movements
• The Structure of a Supply Chain
• Benefits of Supply Chains
• How the Supply Chain Works
• The Evolving Structure of Supply Chains
• Participants in the Supply Chain

Module 2: Purchasing and Procurement Basics

• Purchasing and Procurement
• Importance of Procurement
• Aims of Procurement
• Organisation of Procurement
• Choosing Suppliers
• Number of Suppliers
• Benefits of multi-sourcing:
• Procurement Cycle
• Types of Purchase

Module 3: Types of Purchases

• Different Approaches for Different Products
• Terms and Conditions
• Manufacturing
• Manufacturing Perspectives
• Brand Power
• Matching Manufacturing Strategy to Market Requirements
• Logistical Interfaces
• Just-in-Time (JIT)

Module 4: The Purchasing Cycle

• The Steps in the Cycle
• Identifying a Need
• Researching Your Options

Module 5: Purchasing Tool Kit

• Analysing the Price
• Six Categories of Cost
• Analysing Costs
• Evaluating Suppliers
• Evaluation Checklist
• Negotiation Basics
• Collaboration Techniques
• The Learning Curve

Module 6: Elements of Purchasing

• Introduction
• Elements of Purchasing
• Materials Purchasing System
• Ordering Systems
• Receipt of Materials, Transportation and Inspection
• Material Procurement Circle
• Function and Objectives of Stores
• Management of Receipt

Module 7: Managing Competitive Bids

• Purchasing through RFPs and Tenders
• Creating a Contract
• Ethical Considerations
• Ethical Dilemmas

Module 8: Improving Efficiency and Accuracy

• Managing Supplier Performance
• Controlling Quality
• Setting and Monitoring Delivery Standards
• Creating Good Working Relationships
• Monitoring Supplier Performance
• Developing Performance Improvements

Module 9: Negotiation Techniques

• Handling Objections
• Closing the Sale
• The Changing Customer
• What the Customer Wants
• Negotiation Techniques
• Practising Negotiation
• Phases of Negotiation
• Negotiation Made Easier
• High Impact Moments

Module 10: Analysing and Reducing Risk in Supply Chain

• Supply Chain Risks
• Tracking and Evaluating Supply Chain Data
• What is Benchmarking?
• The SCOR Model
• The Balanced Scorecard
• Supply Chain Management Dashboards

Module 11: Tools of Trade

• Digital Systems
• Electronic Data Interchange (EDI)
• E-Commerce
• SRM and CRM
• The Role of Social Networking
• Evaluating Your Department
• Drawing Conclusions

Assessment Process

Upon completing the Purchasing & Procurement Level 3 Advanced Diploma course, you will be required to undertake a multiple-choice evaluation in order to gauge your understanding of the material covered.

If you do not achieve the minimum passing score, you will have the opportunity to retake the assessment without incurring any additional cost.

Certification

After successfully completing this Purchasing & Procurement Level 3 Advanced Diploma course, you will get an instant Free digital certificate.

Purchasing & Procurement Level 3 Advanced Diploma is designed to cater to a wide range of individuals who are eager to enhance their knowledge and skills in Purchasing & Procurement.

This course is suitable for:

1. Beginners in Purchasing & Procurement
2. Professionals
3. Students
4. Career changers

No matter your background or level of experience, Purchasing & Procurement Level 3 Advanced Diploma offers a comprehensive learning experience that caters to your specific needs. Join us on this educational journey and unlock your potential in Purchasing & Procurement today!

Requirements for the Purchasing & Procurement Level 3 Advanced Diploma course:

• No Prior Knowledge Required
• Basic Computer Skills.
• Internet access.
• Familiarity with English

Completing Purchasing & Procurement Level 3 Advanced Diploma course can open exciting career opportunities in various fields related to Purchasing & Procurement. Here are three potential career paths you can pursue after completing Purchasing & Procurement Level 3 Advanced Diploma:

• Purchasing & Procurement Specialist
• Purchasing & Procurement Researcher
• Purchasing & Procurement Educator

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