Often used interchangeably with purchasing, procurement and its outcome contracting is a term for ‘a sequence of steps involved in acquiring (procuring) a product with purchasing being one of the steps of the procurement process’.
The procurement of the product involves processes including planning and specifying as well as value analysis and price negotiation all before the final purchasing and contracting of the product is made which will be successful, meaningful and a profitable acquisition.
This is one of the processes within a supply chain with many branches of specialisms within their own right all of which must ultimately lead to the procuring of a product that must reflect what the company stands for and how it determines the consequential stages of your supply chain.
Neatly divided into 6 parts starting with an introduction on the objectives of Procurement, then exploring issues that can arise and finally discussing the different types of applications. It allows you to focus on the areas you need.
It is very easy to understand as we understand how procurement and contracting work from a practical level to better explain methods and practices. We have taught across the world and worked in organisations and regions where you are located . We bring our experience through our e learning courses to help enable you in your career
Procuring a product is not just about making the purchase but ensuring that your supplier doesn’t fail. Supplier evaluation is a part of procurement that allows you to manage and measure supplier performance.
The course gives you all-you-need-to-know to achieve performance excellence
It is an on line course that gives you a step-by-step and easy to follow guide
We show you how to be a world class procurement and contracts manager with our experience and vast knowledge .
We are procurement people working with people in procurement .