Procurement - Core Concepts
Course
In Hammersmith
Description
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Type
Course
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Level
Intermediate
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Location
Hammersmith
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Duration
1 Week
Upon completion of this course, you will be able to understand:
The role and importance of the procurement function in the value chain.
The major tasks and responsibilities of purchasing.
The various roles in a buying decision-making unit.
How to manage procurement risk.
The specific areas of attention in specifying services, and selecting and contracting service providers.
Facilities
Location
Start date
Start date
About this course
Professional managers in trade and industry, active in purchasing or supply chain management, who are interested in opportunities for improving the effectiveness and efficiency of the procurement and supply function of their organisations.
Those who supervise procurement staff directly or indirectly.
Those who come from a non-procurement background and are interested in the latest developments in procurement.
Those who are interested in procurement and supply management in its broadest sense.
Reviews
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It was a fantastic training and trainers were good.
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Course rating
Recommended
Centre rating
Charles A
This centre's achievements
All courses are up to date
The average rating is higher than 3.7
More than 50 reviews in the last 12 months
This centre has featured on Emagister for 5 years
Subjects
- Decision Making
- Risk
- Risk Analysis
- Risk Management
- Purchasing
- Procurement Management
- Learning and Development
- IT risk
- Service Operations
- Value chain
- Services marketing
- Business
- Purchase planning
- Development
- Procurement
- Concepts
- Skills development
- Learning Practice
- Procurement Risk
- Providers
Course programme
- Importance of procurement to business
- Classification of purchasing goods and equipment
- New developments in procurement
- E-procurement
- Primary tasks and responsibilities of the procurement function
- Supporting the internal client
- Professionalising purchasing by delivering value for money
- How purchasing and supply management develops over time
- Creating the Statement of Requirement
- Supplier sourcing
- Supplier evaluation and award
- Negotiation
- Why risk management is key to procurement effectiveness
- Typical supply chain risks
- Assessing probability and analysing impact
- Methods of managing procurement risk
- The role for contracts as a risk management tool
- Why buying services is different
- Classification of services
- Contract Management for the construction industry
- Managing performance in service contracts
Procurement - Core Concepts