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Fundamentals of Procurement

Fundamentals of Procurement

  • 30 Day Money Back Guarantee
  • Completion Certificate
  • 24/7 Technical Support

Highlights

  • Delivered Online or In-Person

  • You travel to organiser or they travel to you

  • Upminster

  • Full day

Description

This foundational course will help all managers better understand what a procurement function does, including the processes, tools and techniques it employs to reach its goals and how it measures its business performance.

PARTICIPANTS WILL LEARN HOW TO:

  • Explain the contribution of procurement to the overall business objectives.

  • Explain the added value that can be obtained by a business when it manages its procurement activities efficiently and effectively.

  • Understand the complex activity of procurement and the challenges it presents for risk management.

  • Develop good quality procurement practices that will manage the expectations of all stakeholders

  • Identify methods by which a procurement function can be measured and performance monitored.

  • Perform contract management activities.

  • Understand ways in which improvements might be identified and implemented.

COURSE TOPICS INCLUDE:

  • Procurement and business objectives

  • Stakeholder Management

  • Commercial Specifications

  • Whole Life Costing

  • Targeted procurement

  • Procurement planning

  • Supplier Appraisal and selection

  • RFQ & ITT & Evaluation

  • Contract Management

About The Provider

Supply Chain Academy
Supply Chain Academy
Upminster
5.0(6)

The Supply Chain Academy is the UK’s first and only educational institution dedicated exclusively to the supply chain industry.

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