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Purchasing & Procurement Level 1

Purchasing & Procurement Level 1

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Highlights

  • On-Demand course

  • 1 hour 18 minutes

  • All levels

Description

Purchasing & Procurement Level 1

Gain a solid understanding of supply chain fundamentals, the pivotal role of procurement in organizations, and master the intricacies of the purchasing cycle and toolkit. Explore key elements of purchasing, learn to analyze and reduce supply chain risks, and excel in category and inventory management. Elevate your procurement skills and become a valuable asset in the world of supply chain management.

Learning Outcomes:

  • Explain the fundamentals of supply chain management.
  • Analyze the role of procurement within organizations.
  • Describe the stages of the purchasing cycle and toolkit.
  • Identify essential elements of the purchasing process.
  • Evaluate strategies to analyze and reduce supply chain risk.

More Benefits:

  • LIFETIME access
  • Device Compatibility
  • Free Workplace Management Toolkit

Purchasing & Procurement Level 1 Course Syllabus

  • Purchasing & Procurement Basics: Gain a comprehensive understanding of the "Purchasing & Procurement" process within the broader context of supply chain management.

  • Role of Procurement: Explore the pivotal role that "Purchasing & Procurement" plays in the efficient functioning of organizations, ensuring the right goods and services are acquired.

  • Techniques Purchasing & Procurement: Navigate through the intricacies of the purchasing cycle and equip yourself with essential tools and techniques for effective "Purchasing & Procurement."

  • Elements of Purchasing & Procurement: Uncover the key elements that constitute successful "Purchasing & Procurement," from vendor selection to negotiation and contract management.

  • Risk Management: Develop expertise in assessing and mitigating risks within the supply chain, a critical aspect of "Purchasing & Procurement."

  • Inventory Management: Dive into the specifics of category management and effective inventory control, optimizing the "Purchasing & Procurement" process.

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