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Procurement best practice

Course Overview

In this course, attendees will gain understanding and experience of strategic procurement techniques and methods that can contribute to organizational growth. This program will develop purchasing and management skills that are essential to business and personal success. It will help the participant to define and implement an efficient procurement process and workflow.

Course Duration

1 Day

Course Content

Attendees will learn about the vital procurement skills such as negotiating, controlling stock, pricing, value & cost analyzing, measuring suppliers, and conducting audit trials. The course demonstrates to leverage capital equipment life cycle costing, key performance indicators, and effective procurement practices. The program also introduces purchasing workflows, information databases, purchase requisitions, purchase order solicitation, order receiving and payment.

Who Should Attend?

Individuals responsible for procurement, purchasing and buying should benefit the most from this course. It will be effective for procurement/purchase professional working into business, government, or as an individual.