Purchasing and Procurement Basics

"Effective procurement is about understanding the needs of the organization and aligning them with the capabilities of suppliers."

Purchasing and procurement extends past getting the products and services that the organization needs at the right time and the right cost. This field has evolved to include relationship building, supply chain management integration, and communication with stakeholders to continually improve processes and results.

This course covers all the essentials of purchasing and procurement.

LEARNING OUTCOMES:

The value of procurement The five rights of purchasing Checklist for supplier evaluation The purchasing cycle Managing competitive bidding with RFP's and RFQ's Techniques for successful negotiation Risk management Agile procurement The role of cross-functional teams in purchasing and procurement Tools of the trade, such as EDI, ERP, and e-commerce

SMART Management Training and Consultancy is a UK-based work training provider. We specialize in providing you with high-quality training and development opportunities aimed at individuals and corporates across the Gulf and Africa (UAE, GCC and Africa).