Online Course and Certificate of Procurement
The Course is designed for the processionals working in Procurement or Supply Chain Department or those who would like to start their career in Procurement or Supply Chain Department.
The course is equally fruitful for
the professionals working in Local / International Sales / Export Sales
departments as the Sales Department of one organization is linked with the
Procurement department of other organization.
Whether we call it Procurement,
Purchasing, Supply Management, Sourcing or Buying – these all belong to one
operation and the activities, tactics and strategies associated with these jobs
titles are of great importance to organizations.
This course provide learners the
in-depth knowledge about the procurement from the identification of need,
invitation of the budgetary proposals to the placement of purchase orders
including General terms and conditions, Shipping terms and conditions, Financial
terms and conditions and much more which will help to understand the function
of procurement to the fresh learners and may provide the diverse ideas to the
professionals presently working in procurement department.
In addition to standard procurement
procedures the learners will have the knowledge and techniques of strategic
procurement covering all important segments such as Internal Aspects, Sourcing
Strategies, Supplier Relations and Contract Management, Purchasing
Professionalism, Services Purchasing and Sustainability this will help learners
to enhance their experience in this field and promote themselves from
Executives to Managers, General Managers and Senior General Managers of
Procurement / Purchasing / Supply Chain department. (Procurement Free Online
Courses and Certificate)
Course Outline
Chapter 0) Introduction to Procurement Job
What is Procurement?
General Job Description /
Responsibilities to be performed by Procurement Executive / Officer
Identification of Need or Requirement
Invitation of Budgetary Proposals
Request for Quotation (RFQ)
Quotation
Purchase Order
Terms and Conditions (RFQ, Quotation
and Ultimately for the Purchase Order / Contract)
Delivery Period
Delivery Terms
Inco terms
Ex Works (EXW)
Free Carrier (FCA)
Carriage Paid To (CPT)
Carriage and Insurance Paid (CIP)
Delivered At Place (DAP)
Delivered at Place Unloaded (DPU),
Formerly Deliver at Terminal (DAT)
Delivered Duty Paid (DDP)
Free Alongside Ship (FAS)
Free on Board (FOB)
Cost and Freight (CFR)
Cost, Insurance, and Freight (CIF)
3) Payment Terms
Payment in Advance:
Cash against Documents or Documentary
Collection:
Open Account:
Letter of Credit:
Since Letter of Credit or Deferred
Payment Letter of Credit:
4) Validity
5) Late Delivery (LD)
Force Majeure
Chapter 1) Introduction to Strategic
Procurement
What is Strategic Procurement?
The Changing Role of Procurement
Strategic Procurement Process
Procurement Function / Procurement
Process Model
> Specification Phase
> Selecting Phase
> Contracting Phase
> Ordering and Expediting Phase
> Evaluating Phase
Globalization and Strategic
Purchasing
Chapter 2) Internal Aspects
Strategic Alignment & Internal
Alignment
Vertical Internal Alignment
Organizational Strategies
Aligning Strategies
Make or Buy´ – Decision
Centralized or Decentralized
Purchasing
Horizontal Internal Alignment
Introduction to the value chain and
the position of the purchasing department
Horizontal Integration and the Role
of Procurement
Cross-functional Integration
Internal drivers of the purchasing
department
Performance Management
Organizational Performance and the
Purchasing Department
Preventing a Misalignment
Barriers to Horizontal Integration
and Purchasing Involvement
Maverick Buying
Chapter 3) Sourcing Strategies
Introduction to Sourcing Strategy
Place Sourcing Strategy in the
Corporation
Global Sourcing
Category Management
Portfolio Model
Kraljic Matrix
Strategic Implementation Kraljic
Matrix
Diversify Strategy
Balance Strategy
Effects of Globalization
Negative aspects Kraljic Matrix
Best Value Procurement
Movements inside Kraljic Matrix
Supplier Selection
Sourcing & Scouting for Suppliers
Supplier Base
Single VS Multiple Sourcing
Selection Criteria
Chapter 4) Supplier Relations &
Contract Management
Introduction to Supplier Relationship
Management
Supplier Relationship Management
Dyadic Relationship
Supplier Classification
Supply Chain Networks
Supplier Involvement
Joint Problem Solving
Relative Power
Supplier Integrative Capability
Supplier Relationship Portfolios
Contract Management
Supplier Evaluation and Relationship
Models
Drivers and Barriers
> Trust
> Culture
> Communication
> Top Management Involvement
> Long-term commitment &
Relation-specific Investments
> Shared Strategic Goals &
Mutual benefits
Chapter 5) Purchasing Professionalism
Purchasing Profession
Skills
Development of Skills for a
Purchasing Department
Identifying necessary skills
Developing Professional Purchasing
Skills with Human Resource Management
Alignment with Strategy through
Performance Measurement
Going Global
Cultural Differences and Consequent
Skills Needed
Chapter 6) Purchasing Services
Introduction to Services
The Process of Purchasing Services
Importance of Purchasing Services
Make or Buy Decision in Services
Value of Service Purchasing
Key Challenges
Globalization Process
Sourcing Strategies
Relationship Management
Contract Management
Evaluation and Monitoring
Cultural Aspects of the Dimensions
Skills required for Purchasing
Services
Relevant trends in Purchasing
Services
Globalization and Its Impact on
Purchasing Service Skills
Chapter 7) Sustainability
Introduction to Sustainability
Definition and Principles of
Sustainability
Sustainability and the Triple Bottom
Line
Definition and Principles of
Sustainability
Environmental Issues
Economic Issues
Social Issues
TBL’s Measurement
Relationship Suitability and the
Strategic Procurement Function
Ethical Sourcing and Corporate Social
Responsibility
The Effect and role of CSR on
Purchasing
Principles of CSR and links to
Ethical Sourcing
Relationship with Suppliers and
Sustainable Purchasing Portfolio Model
Supplier Selection
Reputational Impact
Product Origin
Working Environment
Sustainable and Ethical Sourcing
Implications Sustainable Purchasing
Limitations
At the End)
References
Glossary
Concepts
Virtuous Learning
Certification
offers Free Procurement Online Course and Certificate & Supply Chain
Management. We Provide Top Online Procurement Courses & Online Course and Certificate of Procurement.
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