Purchasing and Procurement Basics

$ 399

Time

4 Hours

Modules

9 Lessons

Learning Recognition Framework (LRF) Level

Workplace Essential

Recognition Certificate

12k Enrolled

Course description

A strong procurement function is one of the most impactful – and often underappreciated – contributors to an organization’s success. This course introduces you to the fundamentals of purchasing and procurement, covering how to manage supplier relationships, control costs, improve communication, and make well-informed sourcing decisions. You’ll come away with the practical knowledge to add real value to your organization and ensure the right products are available at the right time and the right price.

Skills you will learn:

  • Procurement fundamentals
  • Competitive bidding
  • Supplier relationships
  • Risk reduction

Learning Objectives

Upon completing this course, you will be able to:
  • Master supply chain management basics by understanding how purchasing supports cost control, quality, and operational performance.
  • Run the purchasing cycle effectively by using a practical purchasing toolkit and managing competitive bids with confidence.
  • Improve efficiency and accuracy by applying proven methods and tools that reduce errors, delays, and rework.
  • Reduce supply chain risk and strengthen collaboration by analyzing risk drivers, managing internal relationships, and building a personal action plan for continuous improvement.

Who Should Take This Course?

  • Purchasing and procurement staff.
  • Supervisors managing supplier relationships.
  • Employees building procurement fundamentals.

Course Outline & Major Topics

  1. Supply Chain Management Basics
  2. The Purchasing Cycle
  3. Purchasing Toolkit
  4. Managing Competitive Bids
  5. Improving Efficiency and Accuracy
  6. Analyzing and Reducing Risk in the Supply Chain
  7. Managing Internal Relationships
  8. Tools of the Trade
  9. A Personal Action Plan

$ 399

CA $299

33% off

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This course is available in the following languages:

Online learning

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