Learn Purchasing and Procurement Basics Online

Purchasing and procurement functions are about much more than bringing goods and services into an organization. They are the foundation of strong, collaborative relationships with suppliers. Since many companies source products from around the globe more frequently than ever, a procurement manager needs strong capabilities. These skills cannot just be learned on the job: they need to be taught. As well, the value of procurement is now recognized as an integral part of cost control within the organization. In this course, you’ll learn the basics of procurement, including what a supply chain looks like, the purchasing cycle, essential tools and strategies for making the best purchasing relationships work, managing bids, and more.

This course will teach you how to:

• Describe what a supply chain is
• Describe your procurement department’s role within the organization
• Understand the principles of the purchasing cycle
• Apply the steps needed for managing a competitive bid process, from the request for proposals or qualifications through to negotiating the contract
• Identify what it takes to set up a competitive bid for a contract
• Defend your position on why a particular supplier should be selected based on an evaluation strategy
• Be responsible for managing supplier performance, including controlling quality and setting and monitoring standards
• Apply the tools of the procurement trade, from PC-based applications to cloud-based solutions

Frequently Asked Questions

• When will I receive my certificate?
  Once you have completed your course you can immediately log in to your account and download/print your certificate.
• How long is my certificate valid for?
  Your certificate has lifetime validity. It does not expire.
• How can I pay?
  Our subscriptions are processed by PayPal, Stripe or you can use any Visa, Mastercard or American Express for payments. We do not collect or store your credit/debit card details.
• Is my payment secure?
  Your payment is totally secure. All payments are processed through a secure HTTPS web page using SSL. Learnlibrary never collects or stores your credit/debit card or bank details.
• How do I use Learnlibrary once I have paid?
  Once you have created your account and paid, you will receive a welcome email with a link to your learning platform so you can immediately start learning.