PG Diploma in Procurement and Contracts Management
Postgraduate
Online
*Indicative price
Original amount in INR:
₹ 65,000
Description
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Type
Postgraduate
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Methodology
Online
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Duration
3 Months
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Start date
Different dates available
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Delivery of study materials
Yes
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Support service
Yes
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Virtual classes
Yes
This PG Qualification helps professionals or senior managers in organizations. This course will cover the basic fundamentals of procurement and contracts management in an organization. The course covers an overview of procurement management, as well as how good strategies can help improve an organization’s Supply Chain, leading to business performance. It is imperative for a Procurement Manager to understand the fundamentals of procurement & contracts, as well as understand the procurement strategies adopted world-wide, including how these benefit an enterprise. The course contents helps in understanding how to effectively strategize as well as efficiently manage procurement & contracts in an organization.
Facilities
Location
Start date
Start date
About this course
The course aims to enable understudies to:
Fundamental concept & effectiveness of procurement process in a commercial environment.
Understand the value addition of procurement to business.
Development of procurement strategies, improved working relationships with contractors & suppliers.
Understand the process of contracts.
Role of contracts in adding value & security to the business.
The Course would be very beneficial for the students who want to make their career in following fields:
Project procurement manager
Licensing manager
Contracts manager
Strategic procurement manager, etc.
Bachelor’s degree or 2 years of work experience
Minimum 18 years and above
Reviews
Subjects
- Contracts
- Purchasing
- Procurement Management
- Contracts Management
- Commercial Environment
- Freight forwarding
- Strategic Procurement
- Inventory Management
- Contract Philosophy
- Breach of Contracts
Teachers and trainers (1)
Name Name
Teacher
Course programme
- Purchasing and types of purchasing Purchasing through the years, purchasing cycle, preparation of purchase specifications (Enquiry stage, purchase order stage), RFP, RFQ,, types of supplier relationship in purchasing. Concept of Procurement.
- Role of shipping and freight forwarding in procurement management.
- Strategic procurement 2 Bin system, outsourcing, methodologies of outsourcing, global sourcing JIT system, Inventory management, EOQ, DOQ, VMI(Vendor managed inventory) Negotiation and role of negotiation strategies in procurement, EDI, ERP.
- Supplier selection and evaluation. LOI, MOU's, Contract Philosophy, Types of contracts, Objectives of contract, Components of a Contract, contract law.
- Importance of standard legal terms and conditions in purchase orders / contracts Standard terms and conditions of Purchase Order Legal vetting of contracts, Bid analysis and contract development, Contract renewal or extension. Approval of contracts Role of Arbitration and Mediation in contracts, Breach of Contracts.
Additional information
PG Diploma in Procurement and Contracts Management
*Indicative price
Original amount in INR:
₹ 65,000