Procurement is an exciting industry with diverse prospects available across countless organizations. In this course, the aim is to introduce you to the procurement management and administration process. This course is intended to offer the right knowledge and skills essential to assisting with any procurement project or role.
Introduction to Procurement is the ultimate course for Procurement and Purchase Management for Engineers, Entrepreneurs, Managers, and Students. Procurement is always an essential part of any business whether big or small. As procurement involves third parties and various punitive efforts, it turns out to be critical to avoid lapses in processes to ensure logistic success.
What you’ll Learn in This Introduction to Procurement Course
I. Introduction to Procurement Process.
1. What is procurement and purchasing
2. Types of procurement. Tasks for procurement in the companies
3. Competences are necessary for procurement and purchasing.
4. Role and influence of procurement function in the company
5. Different organizational structures from the procurement point of view
II. Introduction to Procurement Management
1. Procurement Cycle
2. Procurement management process
3. P2P process
4. Sourcing process
5. Performance and KPIs
III. Business needs and specification
1. What is the specification? Types of specifications
2. How to identify needs in procurement
3. Which instruments we use to identify needs
4. How to prepare a good specification
IV. Introduction of Category management in procurement
1. Basis of Category management in procurement.
2. 7 Stages of Category management
3. Michael Porter 5 Force’s
4. SWOT analysis
5. Categories Portfolio. Kraljic Matrix
6. Category Strategy development
V. Suppliers management & Development
1. Sourcing process. Stages of Sourcing
2. Suppliers Data management
3. Suppliers classification/segmentation
4. Suppliers evaluation and development
5. How to conduct evaluation meeting with suppliers
VI. Stakeholders management
1. Which functions/departments does procurement interact? Where should be the focus and how to build a relationship
2. Which instruments do improve relationship and communication between departments