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In today’s manufacturing landscape, procurement has grown beyond just purchasing goods—it’s now a strategic function that directly impacts efficiency, cost, and competitiveness. This course sheds light on the essential elements of procurement within manufacturing, including supplier relationships, inventory planning, contract negotiation, and budgeting. It also offers a clear understanding of sourcing methods and cost-effective purchasing strategies tailored to manufacturing operations. The spotlight then shifts to e-procurement—an area reshaping the way businesses manage their supply chains. Learn how digital platforms are transforming procurement processes, streamlining vendor selection, automating workflows, and reducing errors. Whether you're new to the concept or brushing up on modern trends, this course offers a structured approach to mastering procurement from both traditional and digital perspectives, with a focus on efficiency, clarity, and smarter decision-making in manufacturing settings. Learning Outcomes: Understand the fundamentals of procurement and its strategic role in the manufacturing industry. Analyse and evaluate suppliers using various purchasing toolkits. Manage competitive bids and develop effective supplier relationships. Identify and reduce risk in the supply chain. Improve efficiency and accuracy in the procurement process. Master the principles and concepts of e-procurement. Why People Love And Enrol The Course From One Education Eligibility for a CPD-accredited certificate on successful completion of Course Learning materials of our course contains engaging voiceover and visual elements for your comfort Freedom to study at your own pace 24/7 access to the course materials for 12 months Full Tutor support on weekdays (Monday - Friday) This masterclass online training course is designed by industry experts and will give you an in-depth understanding of this topic. The course features easy-to-digest modules that break down each topic and ensure all our students receive an unrivalled and thorough learning experience. If you want to work in this rapidly growing sector and stand out from the competition, then our course is the perfect place to kickstart your dream career. On the course, we guarantee that you will gain relevant skills and acquire tremendous knowledge on the subject. The certificate you'll achieve after completing the course will help you land the job you want in a related field. Enjoy a pleasant and professional 100% online learning experience and enrol in our today and take control of your career! Course Curriculum: Here is a curriculum breakdown of the course: Module 01: Supply Chain Basics Defining Supply Chain Management Procurement & Its Strategic Role The Evolution of Purchasing through Procurement Reducing Time to Market Summary Assessment Module 02: Role of Procurement in an Organisation Purchasing and Supply in Different Types of Organisation Centralisation & Decentralisation Methods of Organising the function Departmental Organisation Purchasing in the Organisation Structure Module 03: The Purchasing Cycle The Steps in the Cycle Additional Points to Consider Identifying a Need The Purchase Requisition Material Requirements Planning Schedule Developing a System Identifying Suppliers Issuing the Purchase Order Issuing a Change Order Invoice Auditing Module 04: Purchasing Toolkits Analysing the Price General Economic Issues Variable-Margin Pricing Six Categories of Cost Analysing Costs Evaluating Suppliers Module 05: Managing Competitive Bids RFP's and RFQ's Using Weighted Analysis The Halo Effect Using a Selection Committee Elements of the Analysis Creating a Contract Ethical Considerations Module 06: Quality Management Defining Quality Quality System Specifications Defining Specification Standardisation Quality Assurance & Quality Control Tests for Quality Control and Reliability Module 07: Supplier Relationship Management Defining Supplier Relationship Management Collaborative Business Relationships Relationship Formation Models of Supplier Relationships The Termination of Relationships Module 08: Analysing and Reducing Risk in the Supply Chain Defining Risk Management The Risk Management Process Internal and External Drivers of Key Risks Risk Description Risk Estimation Risk Identification Techniques Risk Analysis Methods and Techniques Best Practice of Risk management Module 09: Improving Efficiency and Accuracy Reason for Evaluating Supplier Performance Things to Evaluate Quantitative Approaches to Supplier Evaluation Service Level Agreement The Seven Cs of Effective Supplier Evaluation Module 10: Category Management Introduction to Category Management Categories of Category Management Themes of Category Management Category Management Risk Profiling Corporate Travel Capital Investment Procurement Module 11: Inventory Management Introduction Provisioning System Order Quantities & Stock Control Material Requirement Planning (MRP) Defining MRP The Main Features of an MRP System MRP2 Distribution Resource Planning Enterprise Resource Planning Lean & Agile Supply Module 12: E-Procurement E-SCM & E-Procurement Electronic Data Interchange (EDI) E-Hub, Exchanges, Portals, Marketplace E-Catalogue E-Auction E-Payment Method of Assessment To successfully complete the course, students will have to take an automated multiple-choice exam. This exam will be online and you will need to score 60% or above in order to pass. After successfully passing the course exam, you will be able to apply for a CPD accredited certificate. Exam & Retakes: It is to inform our learners that the initial exam for this online course is provided at no additional cost. In the event of needing a retake, a nominal fee of £9.99 will be applicable. Certification Upon successful completion of the assessment procedure, learners can obtain their certification by placing an order and remitting a fee of £9 for PDF Certificate and £15 for the Hardcopy Certificate within the UK ( An additional £10 postal charge will be applicable for international delivery). CPD 10 CPD hours / points Accredited by CPD Quality Standards Who is this course for? Manufacturing professionals interested in procurement and e-procurement. Business professionals looking to enhance their procurement skills. Students interested in pursuing a career in procurement in the manufacturing industry. Requirements There are no formal entry requirements for the course, with enrollment open to anyone! Anyone and everyone with a knack for learning can enrol on this course without any hesitation. Learn online from any internet device, including your computer, tablet or smartphone. Study when it suits you and complete the course at your own pace. All students must have a passion for learning and literacy, as well as being over the age of 16. Career path Purchasing Manager - £37,500 Supply Chain Manager - £42,000 Procurement Officer - £28,000 Inventory Manager - £30,000 Materials Manager - £34,000 Category Manager - £45,000

Unlock the Gateway to Smart Purchasing with 'Purchasing Basics' Are you ready to master the art of making savvy purchasing decisions? Introducing 'Purchasing Basics' - your ultimate guide to navigating the complex world of procurement with confidence and finesse. 🎓   What You'll Learn: In this comprehensive text course, you'll delve into the fundamental principles of purchasing, from understanding the procurement process to negotiating deals like a pro. Gain insights into vendor management, cost analysis, and contract negotiation techniques that will empower you to optimize your organization's purchasing strategy. 📚   Benefits of Taking This Course: Enhanced Decision-Making Skills: Learn to analyze market trends, evaluate supplier options, and make informed decisions that drive efficiency and savings. Cost Savings: Discover strategies to negotiate better deals, leverage volume discounts, and minimize procurement costs, ultimately boosting your organization's bottom line. Risk Mitigation: Equip yourself with the knowledge to identify and mitigate potential risks associated with procurement, ensuring smoother operations and fewer unexpected setbacks. Career Advancement: Position yourself as a valuable asset in your organization or industry by mastering essential purchasing skills that are highly sought after in today's competitive job market. Increased Confidence: Approach purchasing tasks with confidence and assurance, knowing that you have a solid understanding of best practices and industry standards.   Who is This For? Procurement Professionals: Whether you're just starting out in your procurement career or seeking to deepen your expertise, this course is designed to meet your needs. Business Owners and Managers: Gain valuable insights into optimizing your organization's purchasing processes to drive efficiency and maximize profitability. Students and Graduates: Jumpstart your career in procurement with a solid foundation in purchasing basics that will set you apart in the job market.   Career Path: Upon completion of 'Purchasing Basics,' you'll be well-equipped to pursue various career opportunities in procurement and supply chain management, including: Procurement Specialist Purchasing Manager Supply Chain Analyst Vendor Manager Contract Negotiator   FAQs: Q: Is this course suitable for beginners? A: Yes, 'Purchasing Basics' is designed to cater to learners at all levels, from beginners seeking to grasp the fundamentals to seasoned professionals looking to refine their skills. Q: How long does it take to complete the course? A: The duration of the course can vary depending on individual learning pace and commitment. However, most learners complete it within a few weeks. Q: Will I receive a certificate upon completion? A: Yes, upon successfully completing the course, you will receive a certificate of achievement to showcase your newfound expertise in purchasing basics. Q: Can I access the course materials on mobile devices? A: Absolutely! The course materials are accessible on various devices, including smartphones, tablets, and computers, allowing you to learn on the go. Q: Is there any prerequisite knowledge required? A: No prior experience or knowledge in purchasing is required. This course is designed to provide a comprehensive overview of purchasing basics, making it accessible to all learners. Q: Can I interact with instructors or fellow learners? A: While this is a text-based course, you will have access to discussion forums and community groups where you can engage with instructors and fellow learners, share insights, and seek support. Q: Is there a money-back guarantee? A: Yes, we offer a satisfaction guarantee. If you're not completely satisfied with the course, simply contact our support team within 30 days of enrollment for a full refund, no questions asked. Don't miss out on this opportunity to unlock the secrets of successful purchasing. Enroll in 'Purchasing Basics' today and embark on a journey toward procurement excellence! 🚀 Course Curriculum Module 1 Introduction to Purchasing Basics Introduction to Purchasing Basics 00:00 Module 2 Supplier Identification and Evaluation Supplier Identification and Evaluation 00:00 Module 3 The Art of Negotiation in Purchasing The Art of Negotiation in Purchasing 00:00 Module 4 Contract Management and Supplier Performance Contract Management and Supplier Performance 00:00 Module 5 Strategic Sourcing for Value Creation Strategic Sourcing for Value Creation 00:00 Module 6 Supplier Performance Measurement and Continuous Improvement Supplier Performance Measurement and Continuous Improvement 00:00 Module 7 Risk Management in Purchasing and Supply Chain Risk Management in Purchasing and Supply Chain 00:00