What you'll learn

Procurement Management Course

Overview

The Procurement Management Course is designed to equip participants with a comprehensive understanding of the end-to-end procurement lifecycle within Onfinity system. This course covers various procurement scenarios, from requisition to payment, ensuring accurate and efficient handling of purchasing activities. Participants will gain hands-on experience in managing RFQs (Request for Quotations), POs (Purchase Orders), GRNs (Goods Receipt Notes), AP Invoices, and vendor returns, with a focus on document matching and compliance.

Course Objectives

• Understand the complete procurement flow from requisition to payment.
• Learn to manage RFQs, POs, GRNs, and AP Invoices effectively.
• Perform three-way matching to ensure procurement accuracy.
• Handle advanced scenarios like Blanket POs, Landed Costs, and Vendor Returns.

Course Content

• Request For Quotation (RFQ) to Purchase Order
• Requisition to Purchase Order
• Requisition to RFQ to Purchase Order
• Requisition to Blanket Purchase Order
• Blanket Purchase to Purchase Order
• Direct Purchase Order
• Direct Purchase Order with Expected Landed Cost
• Purchase Order with GRN Confirmation
• Advance Payment Purchase Order
• Vendor Return