Purchasing & Procurement

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Have you given up looking for a course that can improve your understanding and help you to bloom? If so, you've come to the right spot because our tactfully crafted Purchasing & Procurement course will help you go one step closer to achieving your goal.

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Each session in this course is thorough and easy-to-understand. The extensive course materials of Purchasing & Procurement are accessible at any time and from any location, allowing you to study at your own speed in the comfort of your own home. Throughout the course, you will receive tutor support, and our helpful customer service is available around-the-clock to help you with any problems you might face while studying the Purchasing & Procurement.

What You Get Out Of Studying With Janets

• Free PDF certificate upon successful completion of the course
• Full one-year access to course materials
• Instant assessment results
• Full tutor support available from Monday to Friday
• Study the course at your own pace
• Accessible, informative modules taught by expert instructors
• Get 24/7 help or advice from our email and live chat teams with the training
• Study at your own time through your computer, tablet or mobile device
• Improve your chance of gaining valuable skills by completing the course

Enrol in the Purchasing & Procurement course to find out more about the topic and get one step closer to reaching your desired success

The course is delivered through Janets’ online learning platform. The Purchasing & Procurement has no formal teaching deadlines, meaning you are free to complete the course at your own pace.

Course Modules

Module 01: Supply Chain Basics

• Defining Supply Chain Management
• Procurement & Its Strategic Role
• The Evolution of Purchasing through Procurement
• Reducing Time to Market
• Summary
• Assessment

Module 02: Role of Procurement 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 Procurement

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

To successfully complete the course, students will have to take an automated multiple-choice exam. This exam will be online and you will need to score 60% or above to pass the course.

After successfully passing the course exam, you will be able to apply for a certificate as proof of your expertise.

Certification

All students who successfully complete the course can instantly download their free e-certificate. You can also purchase a hard copy of the certificate, which will be delivered by post for £9.99.

Thecourse is ideal for those who are interested or already working in this sector.

No prior qualifications are needed for Learners to enrol on this course.

This Purchasing & Procurement course will assist you to get your desired job in the relevant field. The course will also progress your career, regardless of your present job status.