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Purchasing and Procurement Diploma - Level 5
Learndrive

5-in-1 Complete Package | Free Certificate | Free Retake Exam | Lifetime Support | Easy Refund

Summary

Price
£19 inc VAT
Study method
Online
Course format
Video
Duration
12 hours · Self-paced
Access to content
Lifetime access
Qualification
No formal qualification
Assessment details
  • Final Exam (included in price)
Additional info
  • Tutor is available to students
3 students purchased this course

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Overview

Purchasing and Procurement Diploma - Level 5

Embark on a transformative journey with our Level 5 Diploma, a cornerstone in Purchasing and Procurement education. Navigate the multifaceted terrain of purchasing processes, equipped with the acumen to optimise and innovate.
Ascend to an unparalleled mastery in purchasing, defining new benchmarks for efficiency and strategic sourcing.

Learning Outcomes:

  • Master fundamentals of purchasing in the supply chain.
  • Navigate key elements of the purchasing cycle.
  • Execute competitive bids in purchasing.
  • Build strong purchasing supplier relationships.
  • Apply risk analysis in purchasing.
  • Optimise efficiency through purchasing tools.
  • Understand advanced inventory and purchasing strategies.

Perks:

  • 5 Free Digital Certificates

Assessment details

Final Exam

Included in course price

âž½ Course 01: Purchasing and Procurement Diploma - Level 5 have final exam

âž½ Course 02: Logistics Management have final exam

âž½ Course 03: Warehouse Management have final exam

âž½ Course 05: Manual Handling have final exam

Course media

Resources

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Description

This Purchasing and Procurement Diploma - Level 5 Bundle Includes The Following Courses:

  • âž½ Course 01: Purchasing and Procurement Diploma - Level 5
  • âž½ Course 02: Logistics Management
  • âž½ Course 03: Warehouse Management
  • âž½ Course 04: Warehouse Associate
  • âž½ Course 05: Manual Handling

Purchasing and Procurement Diploma - Level 5 Course Curriculum Breakdown:

  • Basics of Purchasing in Supply Chain
  • Role of Purchasing in Procurement within an Organisation
  • The Purchasing Cycle and Toolkit Essentials
  • Elements and Fundamentals of Purchasing
  • Managing Competitive Bids in Purchasing
  • Supplier Relationship Management in Purchasing
  • Purchasing Strategies for Risk Reduction
  • Improving Purchasing Efficiency and Accuracy
  • Category and Purchasing Inventory Management
  • Tools of the Trade in Purchasing
  • Inventory Management in a Purchasing Context
  • Little’s Law in Purchasing Inventory Management
  • Understanding Costs in Purchasing Inventory
  • Metrics in Purchasing Inventory Management
  • Purchasing Part Classification and Analysis
  • Dynamics of Inventory in Purchasing
  • EOQ and Price Break Models in Purchasing
  • Order Timing and Inventory Control in Purchasing
  • Safety Stock Calculations and Purchasing Risk
  • Advanced Strategies in Purchasing Inventory Management

Why Choose LearnDrive?

  • All Courses are CPDQE Accredited
  • Friendly Learning Environment
  • Compatible with Any Device
  • Digestible Lessons with Cognitive Ease
  • You Can Instantly Download The Certificates without Any Delay
  • Your Employer Can Validate The Certificate from Our Website

Accreditation
This Purchasing and Procurement Diploma - Level 5 course isCPDQE Accredited, which serves as an impactful mechanism for skill enhancement, maintaining the relevance of academic credentials, and strategically advancing one’s career.

Who is this course for?

This Purchasing and Procurement Diploma - Level 5 Course is suitable for:

  • Beginners in Purchasing
  • Professionals in Purchasing
  • Students in Purchasing
  • Career changers in Purchasing

NB: The course is not regulated. If you are interested in obtaining a professional qualification, you may consider the following:

  • Level 3 Certificate in Purchasing
  • Level 4 Certificate in Purchasing
  • Level 3 Certificate in Purchasing and Procurement (Regulated by Training Qualification UK)
  • Level 3 Diploma in Purchasing and Procurement (Regulated by Training Qualification UK)
  • Level 4 Certificate in Purchasing and Supply Chain Management
  • Level 5 Diploma in Purchasing and Supply Chain Management (Ofqual regulated)
  • Level 6 Diploma in Purchasing and Supply Chain Management (Ofqual regulated)
  • Level 7 Diploma in Purchasing and Supply Chain Management (Ofqual regulated)
  • Level 7 Advanced Diploma in Strategic Purchasing and Supply Chain Management (Ofqual regulated)

Career path

  1. Purchasing Manager - £40,000 / year
  2. Supply Chain Manager - £41,000 / year
  3. Procurement Specialist - £34,000 / year
  4. Purchasing Agent - £25,000 / year

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Legal information

This course is advertised on Reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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Similar subjects: Purchasing, Procurement, Manufacturing
Related searches: Diploma courses, Online courses

Interest free credit agreements provided by Zopa Bank Limited trading as DivideBuy are not regulated by the Financial Conduct Authority and do not fall under the jurisdiction of the Financial Ombudsman Service. Zopa Bank Limited trading as DivideBuy is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, and entered on the Financial Services Register (800542). Zopa Bank Limited (10627575) is incorporated in England & Wales and has its registered office at: 1st Floor, Cottons Centre, Tooley Street, London, SE1 2QG. VAT Number 281765280. DivideBuy's trading address is First Floor, Brunswick Court, Brunswick Street, Newcastle-under-Lyme, ST5 1HH. © Zopa Bank Limited 2025. All rights reserved.