Introducing Procurement and Supply Course Overview

Introducing Procurement and Supply Course Overview

Embark on your journey into the world of procurement and supply with our engaging *Introducing Procurement and Supply (L2M1)* course. Designed for newcomers and aspiring professionals, this 60-hour course lays the foundations by exploring crucial concepts such as Supply chain management, Contract management, and the roles and benefits of procurement in organizations. Learn how effective procurement strategies impact Organizational efficiency and Profitability, manage supplier relationships and grasp the vital stages of the Sourcing process. With no prerequisites required, this course is perfect for anyone looking to understand and leverage procurement for enhanced business success. Dive into the world of procurement and emerge with a wealth of knowledge that can be practically applied to real-world business scenarios.

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2,550

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Course Fee 2,550
Total Fees
2,550 (USD)
  • Live Training (Duration : 60 Hours)
  • Per Participant
  • Guaranteed-to-Run (GTR)
  • Classroom Training fee on request
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♱ Excluding VAT/GST

You can request classroom training in any city on any date by Requesting More Information

  • Live Training (Duration : 60 Hours)
  • Per Participant
  • Classroom Training fee on request

♱ Excluding VAT/GST

You can request classroom training in any city on any date by Requesting More Information

Request More Information

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Target Audience for Introducing Procurement and Supply

Introducing Procurement and Supply (L2M1) is a foundational course ideal for those new to or aspiring for a career in procurement, as well as business leaders.


Target Job Roles and Audience:


  • Aspiring procurement professionals
  • Entry-level procurement and supply chain staff
  • Small business owners and entrepreneurs needing procurement understanding
  • Managers from non-procurement fields
  • Individuals interested in understanding supply chain processes
  • Project managers involved in procurement activities
  • Business leaders aiming to improve organizational efficiency through effective procurement
  • Career changers seeking opportunities in procurement and supply chain management
  • Business students or graduates seeking practical skills in procurement


Learning Objectives - What you will Learn in this Introducing Procurement and Supply?

Introduction to Course Learning Outcomes: This course offers a comprehensive introduction to procurement and supply, exploring key concepts such as supply chain components, procurement impact, sourcing processes, and ethical standards in procurement.

Learning Objectives and Outcomes:

  • Understand the foundational terms and roles in procurement and supply including definitions related to procurement, purchasing, and supply chain management.
  • Recognize the organizational role and benefits of procurement including cost management, value for money, and sustainability considerations.
  • Identify components and global aspects of a supply chain, elucidating the relationships between suppliers, customers, and consumers.
  • Assess the impact of effective procurement on organizational efficiency and profitability, understanding budget monitoring and total costs of ownership.
  • Grasp the five rights of procurement (price, total cost, quality, timing, quantity, and place) essential for defining value for money.
  • Understand the complete sourcing process from identifying needs, requesting and assessing quotations, to contract authorization and order placement.
  • Demonstrate knowledge of effective administration of procurement including the steps of forming agreements with suppliers, from requisition creation to tender assessment.
  • Describe the procedural administration of awarding and post-award phases, including documentation handling and invoice management.
  • Recognize the importance of ethical practices in procurement as outlined in the CIPS

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