Course Description

Mastering Procurement Management: Behind the Scenes of Business Success

In the intricate ballet of business operations, numerous unseen elements choreograph a flawless performance. Each plays its pivotal role, ensuring the smooth rhythm of the entire production. Among these unsung heroes is the art and science of procurement. The backbone of every venture, procurement fuels businesses with essential resources, ensuring they can produce, innovate, and thrive. When streamlined, this component can elevate a business, but if mismanaged, it could lead to its downfall.

Delve into the rich tapestry of procurement management with this course, designed to unravel its complexities and magnify its significance in the business arena. Here's a glimpse of the illuminating journey ahead:

  • Decoding the Procurement Blueprint: Walk through the meticulous stages of procurement. Discover both its traditional essence and the modern twists that shape its trajectory today.

  • Balancing Ethics with Ambition: Dive deep into the moral compass of procurement. Explore why ethical considerations and social responsibility are not just buzzwords but essential pillars for any successful procurement strategy.

  • Financial Acumen in Procurement: Beyond merely obtaining resources, understand the financial intricacies. Grasp the nuances of smart budgeting, judicious spending, and the art of sealing a deal that's both beneficial and sustainable.

This course aspires to be your compass in the vast ocean of procurement management, guiding professionals with a thirst for excellence. Procurement is a realm of challenges, nuances, and immense rewards. Are you prepared to master its depths and soar to new professional heights? Dive in, and let's embark on this transformative journey together!

  • Completely Online
  • Self-Paced
  • Printable Lessons
  • Full HD Video  
  • 6 Months to Complete
  • 24/7 Availability
  • Start Anytime
  • PC & Mac Compatible
  • Android & iOS Friendly
  • Accredited CEUs
Universal Class is an IACET Accredited Provider
 

Learning Outcomes

By successfully completing this course, students will be able to:
  • Define what procurement management is.
  • Determine the needed skills in procurement management.
  • Describe the procurement process.
  • Develop a strategy.
  • Summarize procurement talent management.
  • Describe ethics and social responsibility in procurement management.
  • Describe strategic sourcing.
  • Summarize financial management and inventory management in the procurement management.
  • Identify methods for measuring and analyzing performance.
  • Demonstrate mastery of lesson content at levels of 70% or higher.
 
 

Assessment Guide

Assessment Points
Motives for Taking this Course 2 points
Lesson 1 Quiz 10 points
Lesson 2 Quiz 10 points
Lesson 3 Quiz 10 points
Lesson 4 Quiz 11 points
Lesson 5 Quiz 10 points
Lesson 6 Quiz 10 points
Lesson 7 Quiz 10 points
Lesson 8 Quiz 10 points
Lesson 9 Quiz 10 points
Lesson 10 Quiz 10 points
Lesson 11 Quiz 10 points
Lesson 12 Quiz 10 points
Lesson 13 Quiz 10 points
Lesson 14 Quiz 10 points
Lesson 15 Quiz 10 points
The Final Exam 81 points
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