

Procurement Training & Certification
- Offered byThe knowledge academy
Procurement Training & Certification at The knowledge academy Overview
Duration | 1 day |
Start from | Start Now |
Total fee | ₹1.51 Lakh |
Mode of learning | Online |
Official Website | Go to Website |
Credential | Certificate |
Procurement Training & Certification at The knowledge academy Highlights
- Earn a certificate after completion of course
- Engage in activities, and communicate with your trainer and peers
Procurement Training & Certification at The knowledge academy Course details
Procurement Managers
Supply Chain Managers
Purchasing Officers
Contract Managers
Vendor Relationship Managers
Operations Managers
Project Managers
To understand the foundational principles of Procurement and supply chain management
To explore various Procurement strategies and their applications in different industries
To apply best practices in supplier selection, evaluation, and management
To analyse and interpret Procurement data to make informed decisions
To optimise Procurement processes for cost savings and efficiency
To comprehend legal and ethical considerations in Procurement activities
Procurement is a critical business function that ensures the effective acquisition of goods and services necessary for company operations. In today's global market, understanding Procurement processes and strategies is essential for maintaining competitive advantage
Comprehensive Procurement Training enhances this understanding, equipping professionals with the skills to manage Procurement activities efficiently
The Procurement Course is designed to equip individuals with the knowledge and skills necessary for Procurement practices and effectively contribute to organisational success
Procurement Training & Certification at The knowledge academy Curriculum
Module 1: Introduction to Purchasing and Procurement
What is Procurement and Purchasing
Fundamentals of Procurement
Module 2: What Constitutes Best Practice and Why It Matters
Introduction to Goods
Introduction to Services
Types of Services
Difference Between Goods and Services
Module 3: Specifications and Stakeholder Engagement
Importance of Specifications
Components of Specifications
Vetting the Specification
Specification Approval
Module 4: Supplier Selection
How to Research and Prepare a List of Suppliers
EU Procurement Rules
RFs, RFQs, RFPs, ITTs, Framework Agreements, and E-auctions
Developing Good Selection Criteria for Choosing Suppliers
Module 5: Introduction to Contract Terms and Conditions
Typical Contract Terms
How to Ensure Your Terms Prevail
Module 6: Supplier Management and Review
Measuring Supplier Performance
Preparing and Running Performance Reviews
Module 7: Using Continuous Improvement Approach
Applying Best Practices
Developing an Action Plan