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Purchasing, Procurement and Inventory Management

Purchasing, Procurement and Inventory Management

  • 4 hours
  • Self-paced online
  • Certificate on completion

Part of Business Skills courses

Purchasing, Procurement and Inventory Management Course teaches you everything on the topic thoroughly from scratch so you can achieve a professional certificate for free to showcase your achievement in professional life. This Purchasing, Procurement and Inventory Management Training Course is a comprehensive, instructor-guided course, designed to provide a detailed understanding of the nature of the related sector and your key roles within it.

To become successful in your profession, you must have a specific set of skills to succeed in today’s competitive world. In this in-depth Purchasing, Procurement and Inventory Management Training Course, you will develop the most in-demand skills to kickstart your career, as well as upgrade your existing knowledge & skills.

The training materials of this course are available online for you to learn at your own pace and fast-track your career with ease.

Key Features of the Purchasing, Procurement and Inventory Management Training Course :

Our trusted, high quality and affordable Purchasing, Procurement and Inventory Management Training Course trains individuals to become experts in their field.

  • Accredited by CPD
  • Instant e-certificate and hard copy dispatch by next working day
  • Fully online, interactive course with audio voiceover
  • Developed by qualified professionals
  • Self-paced learning and laptop, tablet, smartphone-friendly
  • 24/7 Learning Assistance
  • Discounts on bulk purchases

Who Should Take The Purchasing, Procurement and Inventory Management Course

Anyone with a knack for learning new skills can take this Purchasing, Procurement and Inventory Management Course. While this comprehensive training is popular for preparing people for job opportunities in the relevant fields, it also helps to advance your career for promotions.

Accreditation

All of our courses, including this Purchasing, Procurement and Inventory Management Training Course, are fully accredited, providing you with up-to-date skills and knowledge and helping you to become more competent and effective in your chosen field.

Certification

Once you’ve successfully completed your Purchasing, Procurement and Inventory Management Course, you will immediately be sent a digital certificate. Also, you can have your printed certificate delivered by post (shipping cost £3.99). Our certifications have no expiry dates, although we do recommend that you renew them every 12 months.

Learning Outcomes

By the end of the Purchasing, Procurement and Inventory Management Course, learners will be able to:

Discuss in detail the evolution of purchasing through procurement

Demonstrate in-depth knowledge of the procurement cycle and purchasing cycle

Understand the role of procurement in an organisation

Identify needs in purchasing, plan a schedule and issue a purchasing order

List the different elements of the purchasing and procurement toolkit

Build positive relationships with suppliers and identify the stages of supplier integration

Use a range of risk identification techniques when overseeing the procurement process

Test for quality control and reliability, and evaluate supplier performance

Demonstrate excellent knowledge of the principles of inventory management

Assessment

At the end of the Purchasing, Procurement and Inventory Management Training Course, there will be an online assessment, which you will need to pass to complete the course. Answers are marked instantly and automatically, allowing you to know straight away whether you have passed. If you haven’t, there’s no limit on the number of times you can take the final exam. All this is included in the one-time fee you paid for the course itself.

Curriculum

  1. Module 01: Supply Chain Basics
  2. Module 02: Role of Procurement in an Organisation
  3. Module 03: The Purchasing Cycle
  4. Module 04: Purchasing Toolkits
  5. Module 05: Managing Competitive Bids
  6. Module 06: Quality Management
  7. Module 07: Supplier Relationship Management
  8. Module 08: Analysing and Reducing Risk in the Supply Chain
  9. Module 09: Improving Efficiency and Accuracy
  10. Module 10: Category Management
  11. Module 11: Inventory Management
  12. Module 12: E-procurement