Module 1: Introduction to Procurement
- Definition and importance of procurement
- Key roles and responsibilities in procurement
Module 2: Procurement Processes
- Overview of the procurement lifecycle
- Steps in the procurement process: requisition, sourcing, evaluation, contract management
Module 3: Procurement Planning and Strategy
- Developing procurement plans and strategies
- Aligning procurement with organizational goals and objectives
Module 4: Sourcing and Supplier Selection
- Identifying sourcing opportunities and selecting suppliers
- Conducting supplier evaluations and assessments
Module 5: Negotiation Skills in Procurement
- Understanding negotiation principles and techniques
- Strategies for successful supplier negotiations
Module 6: Contract Management
- Overview of contract management processes
- Key elements of effective contract management
Module 7: Procurement Ethics and Compliance
- Legal and ethical considerations in procurement
- Ensuring compliance with procurement policies and regulations
Module 8: Supplier Relationship Management
- Importance of supplier relationship management
- Strategies for building and maintaining strong supplier relationships
Module 9: Procurement Performance Measurement
- Key performance indicators (KPIs) for measuring procurement performance
- Monitoring and evaluating procurement effectiveness
Module 10: Case Studies and Best Practices - Analysis of real-world procurement case studies - Best practices for achieving procurement excellence
This course is suitable for professionals entering or working in procurement roles across various industries. Through interactive lectures, case studies, and practical exercises, participants will gain a solid understanding of procurement fundamentals and acquire essential skills to excel in procurement functions within their organizations.
