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Procurement Process; A Complete Guide

Procurement Process; A Complete Guide

$199.00
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Course access is prepared after purchase and delivered via email
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Procurement Process: A Complete Guide



Course Overview

In this comprehensive course, you will learn the fundamentals of the procurement process and how to apply them in real-world scenarios. Our expert instructors will guide you through the entire procurement cycle, from planning and sourcing to contract management and closeout. Upon completion, you will receive a certificate issued by The Art of Service.



Course Features

  • Interactive and engaging learning experience
  • Comprehensive and personalized course content
  • Up-to-date and practical information
  • Real-world applications and case studies
  • High-quality content and expert instructors
  • Certificate upon completion issued by The Art of Service
  • Flexible learning and user-friendly interface
  • Mobile-accessible and community-driven
  • Actionable insights and hands-on projects
  • Bite-sized lessons and lifetime access
  • Gamification and progress tracking


Course Outline

Module 1: Introduction to Procurement

  • Defining procurement and its importance
  • Understanding the procurement cycle
  • Key stakeholders and their roles
  • Procurement strategies and best practices

Module 2: Procurement Planning

  • Defining procurement requirements
  • Conducting market research and analysis
  • Developing a procurement plan
  • Establishing a budget and timeline

Module 3: Sourcing and Supplier Selection

  • Identifying potential suppliers
  • Evaluating supplier qualifications and performance
  • Conducting site visits and audits
  • Negotiating contracts and pricing

Module 4: Contract Management

  • Understanding contract types and terms
  • Managing contract performance and compliance
  • Resolving disputes and issues
  • Amending and terminating contracts

Module 5: Procurement Operations

  • Managing procurement data and documentation
  • Conducting procurement analytics and reporting
  • Ensuring procurement compliance and ethics
  • Implementing procurement technology and tools

Module 6: Procurement Strategy and Innovation

  • Developing a procurement strategy
  • Implementing innovative procurement practices
  • Managing procurement risk and opportunity
  • Collaborating with stakeholders and suppliers

Module 7: Global Procurement and Logistics

  • Understanding global procurement trends and challenges
  • Managing global supply chains and logistics
  • Ensuring compliance with international regulations
  • Managing currency and exchange rate risk

Module 8: Procurement Leadership and Management

  • Developing procurement leadership skills
  • Managing procurement teams and stakeholders
  • Communicating procurement value and ROI
  • Driving procurement innovation and change

Module 9: Procurement Technology and Systems

  • Understanding procurement technology trends and solutions
  • Implementing e-procurement and e-sourcing systems
  • Managing procurement data and analytics
  • Ensuring procurement system security and compliance

Module 10: Procurement Ethics and Compliance

  • Understanding procurement ethics and principles
  • Ensuring compliance with laws and regulations
  • Managing procurement risk and audit
  • Developing a procurement code of conduct

Module 11: Procurement Performance and Metrics

  • Defining procurement performance metrics and KPIs
  • Measuring procurement performance and ROI
  • Analyzing procurement data and trends
  • Reporting procurement performance and value

Module 12: Procurement Certification and Professional Development

  • Understanding procurement certification options and benefits
  • Developing a procurement professional development plan
  • Staying current with procurement trends and best practices
  • Networking and collaborating with procurement professionals


Certificate Upon Completion

Upon completion of this course, you will receive a certificate issued by The Art of Service. This certificate is a testament to your knowledge and skills in the procurement process and can be used to enhance your career prospects and professional development.

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