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Purchasing and Procurement

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  1. Session One: Course Overview
    2Topics
    |
    2 Assessments
  2. Session Two: Supply Chain Management Basics
    10Topics
  3. Session Three: The Purchasing Cycle
    12Topics
  4. Session Four: Purchasing Toolkit
    27Topics
  5. Session Five: Managing Competitive Bids
    14Topics
  6. Session Six: Improving Efficiency and Accuracy
    13Topics
  7. Session Seven: Improving Efficiency and Accuracy
    12Topics
  8. Session Eight: Managing Internal Relationships
    9Topics
  9. Session Nine: Tools of the Trade
    14Topics
  10. Session Ten: A Personal Action Plan
    3Topics
    |
    1 Assessment
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It is very important to note that these five functions do not exist in isolation and treating them as isolated units within the organization is a mistake that has been made many times. There are efficiencies and cost savings to coordinating the operation and leveraging the inter-relatedness of business units.

For example, sales and marketing must advise operations of projected sales and promotions so that there are enough products to meet expected demand. Inbound logistics needs these numbers too, so that they can source enough materials, have the right number of staff, and be able to handle the incoming materials. At the same time, outbound logistics requires that they know how much product they have to be ready to deliver and to whom, and service has to know what to be ready for too.

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