Business Need in Procurement & Supply
Overview: Procurement professionals need to contribute towards the business moreover, towards the Organization. Understanding how Procurement Decisions contribute to Business directly and indirectly. An understanding of the price structure and cost base which helps professional make accurate purchase decisions. Procurement’s involvement in the Organizational Operating Budget. Efficient procurement through Specifying requirements in the right manner. Identifying Suppliers KPI, Develop efficient contract with the supplier. Making a key decision for the company whether to Make or Buy Course Outline: This course of Procurement will help the procurement professional developing the business understanding correlates to Procurement & Supply. This Course links procurement …
Curriculum
Overview
Overview:
Procurement professionals need to contribute towards the business moreover, towards the Organization. Understanding how Procurement Decisions contribute to Business directly and indirectly. An understanding of the price structure and cost base which helps professional make accurate purchase decisions. Procurement’s involvement in the Organizational Operating Budget.
Efficient procurement through Specifying requirements in the right manner. Identifying Suppliers KPI, Develop efficient contract with the supplier. Making a key decision for the company whether to Make or Buy
Course Outline:
This course of Procurement will help the procurement professional developing the business understanding correlates to Procurement & Supply. This Course links procurement functions with business and its a positive correlation.
Objectives:
This course intends to offer skills necessary to build successful careers in the procurement and supply chain industry by providing a conceptual foundation in Procurement Management to those who wish to acquire a closer understanding of the procurement discipline.
Audience
Junior & Mid-level role as well as Supervisory role of Procurement professional
Learning Outcomes
Module 1: Business needs and Procurement Decisions
Module 2: Estimating Cost and Prices
Module 3: Specifying Requirements
Module 4: Developing Effective Specifications
Module 5: Defining Key Performance Indicators
Module 6: Understanding Contract Terms
Module 7: Outsourcing
Note:
- After completing every lesson click on the “COMPLETE” button the go to the next lesson.
- Must set up your first name, last name, and display name from settings of your profile for your certificate.
- don’t click on the “FINISH COURSE” button.
- If you click on the “FINISH COURSE” button then the course will be finished and a Certificate will be generated.
- More details: https://thrivingskill.com/faqs/
Course Instructor:
Courses of this Instructor:
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