Strategic Purchasing and Supplier Relationship Management

EDURISE

Procurement and Supply Chain Fundamentals – Final Assessment

Included in course price

• Intro 01:27

  • 1: Purchasing, Procurement - CPD Approved Training 01:27

• Video Material 1:04:52

  • 2: Module 1 Supply Chain Basics 07:12
  • 3: Module 2 Role of Procurement in an Organization2 07:57
  • 4: Module 3 Supplier Relationship Management 08:28
  • 5: Module 4 Inventory Management 08:51
  • 6: Module 5 Life Coaching The Purpose and Fundamentals 07:59
  • 7: Module 6 Develop Your Self-Awareness 08:24
  • 8: Module 7 Understanding Emotional Intelligence 08:24
  • 9: Module 8 A Structure for Client Work and Goal Setting 07:37

• PDF Material 35:00

  • 10: Module 1_ Supply Chain Basics 03:00
  • 11: Module 2_ Role of Procurement in an Organization 04:00
  • 12: Module 3_ Supplier Relationship Management 04:00
  • 13: Module 4_ Inventory Management 04:00
  • 14: Module 5_ Life Coaching_ The Purpose and Fundamentals 04:00
  • 15: Module 6_ Develop Your Self-Awareness 04:00
  • 16: Module 7_ Understanding Emotional Intelligence 04:00
  • 17: Module 8_ A Structure for Client Work and Goal Setting 04:00
  • 18: MCQs 04:00
  • 19: Purchasing and Procurement Skills Application – Final Assessment -

• Bouns Material 17:18

  • 20: Untitled design (7) 15:18
  • 21: MCQs 02:00

This CPD-approved training program in Purchasing and Procurement is a comprehensive course designed to build strong foundational and advanced capabilities in procurement operations, strategic sourcing, and contract management. Through a structured eight-module curriculum, the program equips learners with the knowledge, tools, and practical strategies needed to contribute effectively to organizational procurement functions across industries.

The course combines theory with real-world application, preparing individuals for procurement roles in both public and private sectors. With global markets becoming increasingly competitive and cost-sensitive, skilled procurement professionals are essential to ensure business continuity, manage supplier relationships, and drive value through efficient purchasing.

Module 1: Introduction to Procurement and Purchasing

This module serves as the foundation of the training program. It introduces learners to the key principles and terminology associated with procurement and purchasing. Topics include the distinction between procurement and purchasing, the stages of the procurement cycle (identify needs, source suppliers, order placement, delivery, invoicing, and payment), and the strategic importance of procurement in modern organizations.

Learners explore the roles and responsibilities of purchasing officers and how their decisions directly affect organizational performance, cost efficiency, and stakeholder satisfaction. By understanding internal procurement policies, inventory control methods, and basic budgeting principles, learners will gain a holistic view of the purchasing process.

Module 2: Procurement Strategies and Sourcing Methods

This module takes a strategic approach to procurement. Learners explore how to align sourcing strategies with organizational goals, and how effective procurement planning can reduce risks and ensure supply continuity. The module introduces key sourcing models such as single vs. multiple sourcing, domestic vs. international sourcing, and just-in-time procurement.

Participants learn how to conduct supplier market research, create sourcing plans, and assess total cost of ownership (TCO). Tools such as SWOT analysis, Kraljic’s Matrix, and spend categorization are introduced to help learners prioritize and structure procurement initiatives. Strategic procurement thinking encourages long-term planning over reactive buying.

Module 3: Supplier Selection and Relationship Management

Strong supplier relationships are critical for operational success. This module focuses on the supplier selection process, from prequalification to onboarding. Learners gain insight into the criteria used to evaluate potential suppliers—price, quality, delivery capacity, compliance, reputation, and risk profile.

Beyond selection, the module explores how to manage supplier performance and build mutually beneficial partnerships. Key practices such as scorecarding, service level agreements (SLAs), and performance reviews are discussed. The importance of clear communication, supplier collaboration, and ethical engagement is emphasized throughout. Learners develop skills to balance cost and value in supplier interactions.

Module 4: Negotiation and Contracting in Procurement

Procurement professionals must be skilled negotiators. This module introduces learners to the principles of negotiation as applied to purchasing. It covers how to prepare for negotiations, define objectives, and use persuasive techniques to secure favorable terms. Learners practice approaches such as anchoring, concession planning, and interest-based bargaining.

The second half of the module focuses on contract formation. Key legal elements of procurement contracts are explained, including offer and acceptance, consideration, capacity, and lawful purpose. Different contract types—fixed-price, cost-plus, framework agreements—are explored, along with the associated risks and benefits. This module builds the confidence and legal awareness necessary for responsible contract negotiation.

Module 5: Contract Management and Legal Compliance

Effective contract management is essential for ensuring that procurement agreements are delivered as planned. In this module, learners explore the full contract lifecycle: drafting, execution, monitoring, renewal, and closure. Emphasis is placed on maintaining compliance with contract terms, managing changes or disputes, and documenting deliverables.

Legal aspects such as the procurement regulatory environment, anti-bribery laws, data protection, and competition regulations are introduced. Learners study real-world examples of contract disputes and learn how to use tools like risk registers, escalation procedures, and penalty clauses to enforce compliance. The goal is to help participants protect their organization from legal and financial risk.

Module 6: E-Procurement and Digital Tools

Technology has transformed procurement operations, and this module prepares learners to work with digital purchasing platforms. Participants are introduced to e-procurement systems, including e-sourcing, e-tendering, e-invoicing, and supplier portals. Benefits such as process automation, error reduction, cost tracking, and faster supplier communication are highlighted.

Learners review popular procurement software platforms and assess their features, implementation challenges, and integration with enterprise resource planning (ERP) systems. The module also explores the role of artificial intelligence (AI), data analytics, and cybersecurity in modern procurement. By the end of the module, learners will understand how digital tools increase transparency, speed, and control.

Module 7: Sustainable and Ethical Procurement

Today’s procurement professionals must consider not just price and delivery—but also ethics and sustainability. This module focuses on integrating corporate social responsibility (CSR) into procurement processes. Learners explore environmentally responsible sourcing, fair labor practices, anti-corruption principles, and ethical supplier audits.

Case studies highlight the risks of unethical procurement, including reputational damage and legal penalties. Learners are shown how to implement sustainable procurement policies, set ESG (Environmental, Social, and Governance) criteria in tenders, and develop supplier codes of conduct. This module ensures participants can meet stakeholder expectations and legal standards for responsible purchasing.

Module 8: Procurement Performance and Spend Analysis

The final module focuses on evaluating procurement effectiveness. Learners are introduced to key performance indicators (KPIs), including cost savings, procurement cycle time, contract compliance, and supplier performance. Tools such as supplier scorecards, spend analysis dashboards, and benchmark comparisons are demonstrated.

Participants learn how to present procurement data to senior management, analyze trends, and make data-driven decisions. The module encourages a continuous improvement mindset and positions procurement as a value-generating business function rather than a cost center.

This CPD-approved Purchasing and Procurement course is designed for individuals who want to gain practical, industry-relevant skills in procurement, supply chain operations, and contract management. It is suitable for both newcomers to the field and those seeking to enhance their current knowledge and advance their careers.

The course is ideal for:

• Aspiring procurement and purchasing professionals looking to enter the supply chain or procurement sector

• Administrative and operations staff who handle purchasing, vendor coordination, or inventory tasks

• Procurement officers and supply chain coordinators seeking formal training to boost their performance

• Business owners and entrepreneurs who want to manage suppliers, negotiate contracts, and control costs more effectively

• Professionals in finance, logistics, or project management who interact with procurement functions

Whether you're starting out, reskilling, or moving into a more strategic role, this course provides the tools and certification needed to work confidently and compliantly in modern procurement environments.

This course prepares learners for roles such as Purchasing Assistant ($45k–$60k), Procurement Officer ($55k–$75k), Contract Administrator ($60k–$80k), and Supply Chain Coordinator ($60k–$85k). With experience, graduates can progress to Procurement Manager roles earning $90k–$120k annually.

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