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Purchasing, Procurement and Inventory Management

Free E - Certificate I Audio visual training I Free Life coaching Course included | Free Retake Exam | Lifetime access


Training Express Ltd

Summary

Price
£12 inc VAT
Study method
Online
Duration
5 hours · Self-paced
Access to content
Lifetime access
Qualification
No formal qualification
CPD
20 CPD hours / points
Certificates
  • Digital certificate - Free
  • Hard copy certificate - Free
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

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Overview

In today's dynamic business landscape, a deep understanding of Purchasing, Procurement, and Inventory Management is paramount. This course equips individuals with the expertise needed to navigate the complexities of supply chain operations. With modules covering Supply Chain Basics, Purchasing Cycles, and Inventory Management, participants gain essential skills for optimizing procurement processes and ensuring efficient inventory control. As the demand for skilled professionals in this field continues to soar, particularly in the UK where job opportunities are abundant, enrolling in this course opens doors to a rewarding career. With an average salary of £35,000 to £45,000 per annum, the allure of this sector is undeniable.

Moreover, as businesses increasingly rely on streamlined procurement practices, the importance of this course is underscored by a 20% rise in job opportunities and a 15% increase in salary prospects over the next few years. Clinical Nursing professionals seeking to broaden their horizons and tap into lucrative career avenues should consider enrolling in this course to gain invaluable knowledge and skills in Purchasing, Procurement, and Inventory Management.

Key Features of the Purchasing, Procurement and Inventory Management Course :

  • Instant e-certificate and hard copy dispatch by next working day
  • Fully online, interactive course with audio voiceover
  • Developed by qualified professionals in the field
  • Self-paced learning and laptop, tablet, smartphone-friendly
  • 24/7 Learning Assistance
  • Discounts on bulk purchases

*** Additional Gifts ***

  • Free Life coaching Course

*** (Offer Ends Soon) ***

CPD

20 CPD hours / points
Accredited by CPD Quality Standards

Course media

Resources

Description

Course Curriculum:

Purchasing, Procurement and Inventory Management

  • Module 01: Supply Chain Basics
  • Module 02: Role of Procurement in an Organisation
  • Module 03: The Purchasing Cycle
  • Module 04: Purchasing Toolkits
  • Module 05: Managing Competitive Bids
  • Module 06: Quality Management
  • Module 07: Supplier Relationship Management
  • Module 08: Analysing and Reducing Risk in the Supply Chain
  • Module 09: Improving Efficiency and Accuracy
  • Module 10: Category Management
  • Module 11: Inventory Management
  • Module 12: E-procurement

Life Coaching

  • Module 01: Life Coaching: The Purpose and Fundamentals
  • Module 02: Develop Your Self-Awareness
  • Module 03: The Development of Core Beliefs and Managing Fears
  • Module 04: Life Coaching Types and Key Attributes of a Life Coach
  • Module 05: Understanding Emotional Intelligence
  • Module 06: Body Language and Communication Techniques
  • Module 07: A Structure for Client Work and Goal Setting
  • Module 08: Basic Principles for Business Development and Growth
  • Module 09: The Ethical Coach: Protect Yourself and Your Clients

Learning Outcomes:

  • Grasp foundational concepts in supply chain dynamics.
  • Navigate the purchasing cycle proficiently for organisational benefit.
  • Apply advanced techniques for managing competitive bids effectively.
  • Cultivate robust supplier relationships for sustainable procurement practices.
  • Analyse and mitigate risks to ensure supply chain resilience.
  • Implement e-procurement solutions for enhanced efficiency and accuracy.

Accreditation

All of our courses, including this Purchasing, Procurement and Inventory Management course, are fully accredited, providing you with up-to-date skills and knowledge and helping you to become more competent and effective in your chosen field.

Certification

Once you’ve successfully completed your Purchasing, Procurement and Inventory Management course, you will immediately be sent a digital certificate. Also, you can have your printed certificate delivered by post (shipping cost £3.99). Our certifications have no expiry dates, although we do recommend that you renew them every 12 months.

Assessment

At the end of the Purchasing, Procurement and Inventory Management course, there will be an online assessment, which you will need to pass to complete the Purchasing, Procurement and Inventory Management course. Answers are marked instantly and automatically, allowing you to know straight away whether you have passed. If you haven’t, there’s no limit on the number of times you can take the final exam. All this is included in the one-time fee you paid for the course itself.

Who is this course for?

This Purchasing, Procurement and Inventory Management Course can be taken by anyone who wants to understand more about the topic. With the aid of this Purchasing, Procurement and Inventory Management course, you will be able to grasp the fundamental knowledge and ideas. Additionally, this Purchasing, Procurement and Inventory Management Course is ideal for:

  • Professionals seeking to advance their careers in procurement.
  • Graduates aiming to enter the procurement industry.
  • Entrepreneurs looking to optimize their supply chain operations.
  • Individuals interested in the logistics and inventory management sector.

Requirements

Learners do not require any prior qualifications to enrol on this Purchasing, Procurement and Inventory Management Course. You just need to have an interest in Purchasing, Procurement and Inventory Management Course.

Career path

After completing this Purchasing, Procurement and Inventory Management Course you will have a variety of careers to choose from. The following job sectors of this Course are:

  • Procurement Specialist - £30K to 50K/year.
  • Supply Chain Analyst - £25K to 40K/year.
  • Inventory Controller - £22K to 35K/year.
  • Purchasing Manager - £35K to 60K/year.
  • Supplier Relationship Manager - £28K to 45K/year.

Questions and answers

Currently there are no Q&As for this course. Be the first to ask a question.

Certificates

Digital certificate

Digital certificate - Included

Once you’ve successfully completed your course, you will immediately be sent a FREE digital certificate.

Hard copy certificate

Hard copy certificate - Included

Also, you can have your FREE printed certificate delivered by post (shipping cost £3.99 in the UK).
For all international addresses outside of the United Kingdom, the delivery fee for a hardcopy certificate will be only £10.
Our certifications have no expiry dates, although we do recommend that you renew them every 12 months.

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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.