Purchasing & Procurement

Discover the world of purchasing and procurement in this comprehensive course designed to teach you the skills needed to thrive in supply chain management. Learn how to source, evaluate, and negotiate with suppliers, manage procurement processes efficiently, and align purchasing strategies with organizational goals. Whether you're an aspiring procurement professional or looking to enhance your skills, this course will equip you with the knowledge to drive cost savings and efficiency in any organization.

CPD Certificate

Digital certificate - Included

Reed Courses Certificate of Completion

Digital certificate - Included

• Purchasing & Procurement 11:21

  • 1: 1.Introduction to Purchasing and Procurement 01:53
  • 2: 2.Procurement Planning and Strategy 02:29
  • 3: 3.Supplier Relationship Management 02:14
  • 4: 4.Purchasing Processes and Systems 02:42
  • 5: 5.Inventory Control and Management 02:03

In today’s competitive business environment, the purchasing and procurement function is critical to organizational success. This course provides a deep dive into the principles, strategies, and tools used by professionals to manage the procurement cycle.

You’ll gain hands-on experience with tools like supplier evaluation matrices, contract management systems, and cost analysis models. You'll also explore real-world procurement challenges, ethical considerations, and the role of technology in modern purchasing practices.

Key topics include:

• Fundamentals of Purchasing and Procurement
• Strategic Sourcing and Supplier Relationship Management
• Negotiation Techniques and Contract Management
• Inventory Management and Demand Planning
• Cost Analysis and Value-Based Procurement
• Ethical and Sustainable Procurement Practices
• Technology and Digital Transformation in Procurement

This course combines theoretical knowledge with practical exercises, case studies, and interactive modules to ensure you’re ready to apply these skills in a professional setting.

• Aspiring Procurement Professionals: Individuals seeking to enter the field of purchasing and procurement.
• Business Owners/Entrepreneurs: Those who want to manage sourcing and supplier relationships effectively.
• Mid-Career Professionals: Individuals in supply chain, logistics, or operations looking to enhance their procurement expertise.
• Students and Recent Graduates: Anyone interested in starting a career in purchasing and supply chain management.
• Non-Procurement Roles: Professionals in finance, sales, or marketing who want to understand procurement’s impact on the business.

• No prior experience is required. This course is designed for beginners as well as those looking to formalize or deepen their understanding of procurement.
• Access to a computer or device with internet connectivity.
• Basic proficiency in Microsoft Excel (recommended for certain exercises).
• A willingness to learn, think strategically, and solve problems collaboratively.

By completing this course, you’ll open the door to a wide range of rewarding career opportunities in procurement and supply chain management, including:

• Purchasing Specialist
• Procurement Officer
• Strategic Sourcing Manager
• Supply Chain Analyst
• Category Manager
• Contract Manager
• Vendor Relationship Manager

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