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Course Information

Procurement Training​ Course Outline

Module 1: Introduction to Procurement

  • What is Procurement?
  • Importance
  • P's of Procurement
  • Procurement vs Purchasing
  • Direct and Indirect Procurement
  • Why It’s So Important in Business?

Module 2: Procurement Objectives

  • Support Organisational Goals and Objectives
  • Support Operational Requirements
  • Develop Strong Relationships with Other Functional Groups
  • Manage the Procurement Process and the Supply Base

Module 3: Procurement Management Process

  • Difference Between Indirect, Direct, and Services Procurement
  • Procurement Process
  • What is the Procurement Process Flow?
  • Steps Involved in a Procurement Process
  • Why Should You Automate Your Procurement Management Process?
  • Tips to Optimising Profits via the Procurement Process

Module 4: Supplier Selection and Evaluation

  • Introduction
  • Flow Process for Supplier Selection and Evaluation
  • Supplier Evaluation Methods
    • Analytical Hierarchy Process
    • Weighted Point Method
    • Categorical Method
    • Cost Ratio Method

Module 5: Quality and Procurement

  • Definitions
  • Two Common Quality Systems/Programs Used by Vendors
    • ISO Series
    • Six Sigma
  • Advantages of Having ISO and Six Sigma Certifications

Module 6: Global Procurement

  • Globalisation
  • Globalisation Process
  • Globalisation Effects
  • AKA Sourcing
  • Factors to Consider for Transportation and Holding Costs
  • Transportation and Holding Cost
  • Monitoring and Improving
  • Advantages and Disadvantages

Module 7: Electronic Procurement

  • Types of e-Procurement
  • Elements of e-Procurement
  • Benefits and Risks
  • Investment Recovery (IR)
  • Scrap
  • Obsolete
  • Waste
  • Surplus
  • Increasing Value of Assets
  • Investment Recovery Software's
  • Potential Benefits

Module 8: Socially Responsible Procurement

  • Dimensions of Socially Responsible Procurement
  • Why SRP?
  • Implementing SRP
  • Risk-Based Approach to SRP

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Prerequisites

There are no formal prerequisites for attending this Procurement Training course.

Audience

This Procurement Training course is suitable for anyone who wants to get familiar with the procurement process and want to pursue a career in it.

Procurement Training​ Course Overview

Procurement is the term that refers to the range of activities involved in buying goods or services. Procurement is the company's input part that consumes various purchased goods and services for making the final product of the business. The procurement process plays a vital role in producing quality goods and services at a low price, which is essential for buyer's business success. In today's digital era, effective procurement management will allow organisations to reduce costs, increase efficiency, and develop innovation with the help of the procurement process. This Procurement training will help individuals pursue their careers to work in international companies and meet suppliers' requirements effectively.

The Knowledge Academy's Procurement training course will provide delegates with a comprehensive knowledge of the procurement process. In this 1-day training course, delegates will start learning from the basics and go all the way to implement social reporting procurement. They will understand concepts such as support operational requirements, steps involved in the procurement process, supplier evaluation methods, types of e-procurement, etc. Our highly expert and experienced instructors will conduct this training and provide individuals with the necessary procurement knowledge.

Along with this, delegates will also learn the following concepts:

  • Develop strong relationships with other functional groups
  • Steps involved in a procurement process
  • Transportation and holding cost
  • Monitoring and improving
  • Investment recovery software
  • Risk-based approach to socially responsible procurement

After successfully attending this training course, delegates will be able to develop strong relationships with other functional groups. They can manage the procurement process and supply base in an organisation effectively. Delegates will also become efficient to increase the value of assets and implement socially responsible procurement efficiently.

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  • Delegate pack consisting of course notes and exercises
  • Manual
  • Experienced Instructor

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Why choose us

Ways to take this course

Our easy to use Virtual platform allows you to sit the course from home with a live instructor. You will follow the same schedule as the classroom course, and will be able to interact with the trainer and other delegates.

Our fully interactive online training platform is compatible across all devices and can be accessed from anywhere, at any time. All our online courses come with a standard 90 days access that can be extended upon request. Our expert trainers are constantly on hand to help you with any questions which may arise.

This is our most popular style of learning. We run courses in 1200 locations, across 200 countries in one of our hand-picked training venues, providing the all important ‘human touch’ which may be missed in other learning styles.

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Highly experienced trainers

All our trainers are highly qualified, have 10+ years of real-world experience and will provide you with an engaging learning experience.

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State of the art training venues

We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible

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Small class sizes

We limit our class sizes to promote better discussion and ensuring everyone has a personalized experience

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Great value for money

Get more bang for your buck! If you find your chosen course cheaper elsewhere, we’ll match it!

This is the same great training as our classroom learning but carried out at your own business premises. This is the perfect option for larger scale training requirements and means less time away from the office.

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Tailored learning experience

Our courses can be adapted to meet your individual project or business requirements regardless of scope.

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Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

This gives your team a great opportunity to come together, bond, and discuss, which you may not get in a standard classroom setting.

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Monitor employees progress

Keep track of your employees’ progression and performance in your own workspace.

What our customers are saying

Frequently asked questions

FAQ's

The variety of events related to buying goods or services is known as procurement. Procurement is significant in business because it impacts a company's profit margin.
There are no formal prerequisites for attending this Procurement Training course.
This Procurement Training course is suitable for anyone who wants to get familiar with the procurement process and want to pursue a career in it.
The 3 Ps of the procurement management process are process, people, and paperwork.
This Procurement Training course will provide individuals with a comprehensive knowledge of basic to advanced concepts such as what procurement is, procurement objectives, procurement process flow, procurement process, global procurement, supplier evaluation methods, and more.
There are four methods of supplier evaluation, i.e., analytical hierarchy process, weighted point method, categorical method, and cost ratio method.
The process for supplier's selection and evaluation is to identify the need for supply, situation analysis supplier selection and evaluation, identify and evaluate potential suppliers, select them, and evaluate decision-compare actual and expected performances.
The price for Procurement Training certification in Australia starts from AUD1295
The Knowledge Academy is the Leading global training provider in the world for Procurement Training.

Why choose us

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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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"...the trainer for this course was excellent. I would definitely recommend (and already have) this course to others."

Diane Gray, Shell

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