Master the essentials of modern procurement
Build a solid foundation in modern procurement practices including sourcing strategies, supplier selection, purchase order management, and procurement ethics.
Procurement function overview, role in value chain, and procurement lifecycle.
Make-or-buy decisions, single vs multi-sourcing, and sourcing methodologies.
Supplier evaluation criteria, RFx processes, and vendor qualification.
PO creation, approval workflows, and goods receipt processes.
Ethical procurement practices, anti-corruption, and conflict of interest management.
Introduction to contract types, key terms, and basic negotiation principles.
Online quiz on procurement lifecycle, sourcing, and ethics.
Evaluate and compare three suppliers using a structured methodology.
Weekly case study discussions and practical procurement exercises.