By the end of this course, you will be able to
What the concept of procurement is, what the components of its life cycle are, what the different types of markets are, and what the procurement interface is.
What the different tactics are that any procurement officer should be on the lookout for when embarking on a sourcing strategy.
How to build a good business relationship with your suppliers, what the concept of purchase order is, and how to prepare, finalize, and send out purchase orders.
Course details
- 0 h 43 m/8 lessons
- Last updated: 21/10/2017
- 1 Quizzes
- Course completion certificate
Course Content
What's Procurement?
What's Procurement?
Procurement Life Cycle
Procurement Interface
Market Types
Sourcing Strategy
Monitoring Suppliers' Performance
Relationship with the Suppliers
Purchase Order
About this course
This course provides a robust introduction to some of the fundamental aspects and key techniques of procurement. The course will begin with a foundational lecture outlining the processes and the role of procurement within an organization. You will learn more about the steps of the procurement life cycle and the procurement interface with other departments. Furthermore, you will go over different market types, then go on to tackle sourcing strategy, and then move to suppliers' performance and relationship, before concluding with a lecture on purchase order.
Course requirements and prerequisites
There are no requirements for this course. Your interest in the topic and your commitment to learning are all you need to achieve the utmost benefit from this course.
Mentor
Ahmed Rasekh
Supply chain commercial excellence professional
15,058 Learners
5 Courses
