Procurement Management

Procurement Management Course

Overview

Procurement is a pivotal function that spans the entire lifecycle of acquiring goods, services, or works from external sources. This dynamic course provides participants with a comprehensive understanding of the procurement process, from the identification of needs to supplier management and final delivery oversight. Through a strategic lens, participants will gain insights into effective sourcing, contract negotiation, and supplier relationship management.

Course Objectives

  • Develop knowledge about procurement transactions, including Requisition, Purchase Order, RFQ, and BPO.
  • Explore vendor management and techniques for evaluating vendor performance.
  • Participants will learn how procurement interacts with logistics, inventory management, and distribution to optimize overall supply chain efficiency.
  • Understand the processes in the context of business requirements.
Course Content
  • Requisition, RFQ
  • Blanket Purchase Order, Release Purchase Order
  • Material Receipt, Drop Shipment
  • Vendor Returns and Replenishment Rules

Available Language : English Lectures : 4

What you'll learn

Procurement Management Course

Overview

Procurement is a pivotal function that spans the entire lifecycle of acquiring goods, services, or works from external sources. This dynamic course provides participants with a comprehensive understanding of the procurement process, from the identification of needs to supplier management and final delivery oversight. Through a strategic lens, participants will gain insights into effective sourcing, contract negotiation, and supplier relationship management.

Course Objectives

  • Develop knowledge about procurement transactions, including Requisition, Purchase Order, RFQ, and BPO.
  • Explore vendor management and techniques for evaluating vendor performance.
  • Participants will learn how procurement interacts with logistics, inventory management, and distribution to optimize overall supply chain efficiency.
  • Understand the processes in the context of business requirements.
Course Content
  • Requisition, RFQ
  • Blanket Purchase Order, Release Purchase Order
  • Material Receipt, Drop Shipment
  • Vendor Returns and Replenishment Rules

Procurement Management

Free

This course include

  • 4 Lectures
  • Full lifetime access