Professional Certificate in Procurement and Purchasing
Professional Certificate in Procurement and Purchasing, available at $44.99, has an average rating of 4.27, with 22 lectures, based on 123 reviews, and has 6266 subscribers.
You will learn about Introduction to Procurement, Sourcing, Supply Chains Planning Procurement Processes Procedure of Procurement Focuses of work This course is ideal for individuals who are No special requirements. A course for anyone who wants to build career in Procurement, Sourcing, Supply Chains or Procurement: The overarching process of acquiring goods and services that a company needs for its operations. It goes beyond simply buying things; procurement covers: Identifying needs Finding suppliers Negotiating contracts Ordering Receiving goods/services Payment processing Managing supplier relationships or Sourcing: A strategic part of procurement. It focuses on: Researching the market to find potential suppliers Evaluating suppliers based on cost, quality, reliability, sustainability, and risk factors Selecting the best suppliers for the business's specific needs or Why is Learning Procurement and Sourcing Important for Companies and Managers? Cost Savings: Effective procurement and sourcing finds the best value for money. This directly impacts the company's bottom line. Efficiency: Streamlined processes in procurement avoid delays and bottlenecks in a company's operations. Risk Mitigation: Thorough sourcing helps identify potential risks (like supply disruptions) and proactively manage them. Competitive Advantage: Strong supplier relationships and access to quality materials or services can give companies an edge in the market. Innovation: Sourcing can help uncover new technologies, materials, or processes that boost a company's offerings. It is particularly useful for No special requirements. A course for anyone who wants to build career in Procurement, Sourcing, Supply Chains or Procurement: The overarching process of acquiring goods and services that a company needs for its operations. It goes beyond simply buying things; procurement covers: Identifying needs Finding suppliers Negotiating contracts Ordering Receiving goods/services Payment processing Managing supplier relationships or Sourcing: A strategic part of procurement. It focuses on: Researching the market to find potential suppliers Evaluating suppliers based on cost, quality, reliability, sustainability, and risk factors Selecting the best suppliers for the business's specific needs or Why is Learning Procurement and Sourcing Important for Companies and Managers? Cost Savings: Effective procurement and sourcing finds the best value for money. This directly impacts the company's bottom line. Efficiency: Streamlined processes in procurement avoid delays and bottlenecks in a company's operations. Risk Mitigation: Thorough sourcing helps identify potential risks (like supply disruptions) and proactively manage them. Competitive Advantage: Strong supplier relationships and access to quality materials or services can give companies an edge in the market. Innovation: Sourcing can help uncover new technologies, materials, or processes that boost a company's offerings.
Enroll now: Professional Certificate in Procurement and Purchasing
Summary
Title: Professional Certificate in Procurement and Purchasing
Price: $44.99
Average Rating: 4.27
Number of Lectures: 22
Number of Published Lectures: 22
Number of Curriculum Items: 22
Number of Published Curriculum Objects: 22
Original Price: €24.99
Quality Status: approved
Status: Live
What You Will Learn
- Introduction to Procurement, Sourcing, Supply Chains
- Planning
- Procurement Processes
- Procedure of Procurement
- Focuses of work
Who Should Attend
- No special requirements. A course for anyone who wants to build career in Procurement, Sourcing, Supply Chains
- Procurement: The overarching process of acquiring goods and services that a company needs for its operations. It goes beyond simply buying things; procurement covers: Identifying needs Finding suppliers Negotiating contracts Ordering Receiving goods/services Payment processing Managing supplier relationships
- Sourcing: A strategic part of procurement. It focuses on: Researching the market to find potential suppliers Evaluating suppliers based on cost, quality, reliability, sustainability, and risk factors Selecting the best suppliers for the business's specific needs
- Why is Learning Procurement and Sourcing Important for Companies and Managers? Cost Savings: Effective procurement and sourcing finds the best value for money. This directly impacts the company's bottom line. Efficiency: Streamlined processes in procurement avoid delays and bottlenecks in a company's operations. Risk Mitigation: Thorough sourcing helps identify potential risks (like supply disruptions) and proactively manage them. Competitive Advantage: Strong supplier relationships and access to quality materials or services can give companies an edge in the market. Innovation: Sourcing can help uncover new technologies, materials, or processes that boost a company's offerings.
Target Audiences
- No special requirements. A course for anyone who wants to build career in Procurement, Sourcing, Supply Chains
- Procurement: The overarching process of acquiring goods and services that a company needs for its operations. It goes beyond simply buying things; procurement covers: Identifying needs Finding suppliers Negotiating contracts Ordering Receiving goods/services Payment processing Managing supplier relationships
- Sourcing: A strategic part of procurement. It focuses on: Researching the market to find potential suppliers Evaluating suppliers based on cost, quality, reliability, sustainability, and risk factors Selecting the best suppliers for the business's specific needs
- Why is Learning Procurement and Sourcing Important for Companies and Managers? Cost Savings: Effective procurement and sourcing finds the best value for money. This directly impacts the company's bottom line. Efficiency: Streamlined processes in procurement avoid delays and bottlenecks in a company's operations. Risk Mitigation: Thorough sourcing helps identify potential risks (like supply disruptions) and proactively manage them. Competitive Advantage: Strong supplier relationships and access to quality materials or services can give companies an edge in the market. Innovation: Sourcing can help uncover new technologies, materials, or processes that boost a company's offerings.
Welcome to course Professional Certificate in Procurement and Purchasing by MTF Institute
Course video lessons equal to course Professional Diploma in Procurement, Sourcing, Supply Chains
with difference in articles
Course provided by MTF Institute of Management, Technology and Finance
MTF is the global educational and research institute with HQ at Lisbon, Portugal, focused on business & professional hybrid (on-campus and online) education at areas: Business & Administration, Science & Technology, Banking & Finance.
MTF R&Dcenter focused on research activities at areas: Artificial Intelligence, Machine Learning, Data Science, Big Data, WEB3, Blockchain, Cryptocurrency & Digital Assets, Metaverses, Digital Transformation, Fintech, Electronic Commerce, Internet of Things.
MTF is the official partner of: IBM, Intel, Microsoft, member of the Portuguese Chamber of Commerce and Industry.
MTFis present in 208 countries and has been chosen by more than 400 000 students.
What are Procurement and Sourcing?
Procurement: The overarching process of acquiring goods and services that a company needs for its operations. It goes beyond simply buying things; procurement covers:
-
Identifying needs
-
Finding suppliers
-
Negotiating contracts
-
Ordering
-
Receiving goods/services
-
Payment processing
-
Managing supplier relationships
Sourcing: A strategic part of procurement. It focuses on:
-
Researching the market to find potential suppliers
-
Evaluating suppliers based on cost, quality, reliability, sustainability, and risk factors
-
Selecting the best suppliers for the business’s specific needs
Why is Learning Procurement and Sourcing Important for Companies and Managers?
-
Cost Savings: Effective procurement and sourcing finds the best value for money. This directly impacts the company’s bottom line.
-
Efficiency: Streamlined processes in procurement avoid delays and bottlenecks in a company’s operations.
-
Risk Mitigation: Thorough sourcing helps identify potential risks (like supply disruptions) and proactively manage them.
-
Competitive Advantage: Strong supplier relationships and access to quality materials or services can give companies an edge in the market.
-
Innovation: Sourcing can help uncover new technologies, materials, or processes that boost a company’s offerings.
How Procurement and Sourcing Skills Build Global Careers
-
High Demand: Companies worldwide of all sizes need individuals who understand how to source and procure effectively.
-
Transferable Skills: The fundamentals of procurement and sourcing apply across industries and countries.
-
Cross-Functional Collaboration: Procurement interacts with many departments (finance, operations, legal), giving a broad view of how businesses function globally.
-
Growth Potential: As globalization increases, the need for professionals who understand the complexities of international procurement and supply chains will rise.
Course Author: Igor Dmitriev
Digital Transformation and Banking Expert
Education:
MBA, The Boston University
Master of Science at Engineering (Technical) Management,
The State University of New York at Buffalo
Master of Science at Informatics and Economics,
Six Sigma Black Belt
Experience:
Expert at Banking (> 18 years), FinTech & Digital (> 15 years),
Experienced Manager (> 14 years) with successful track of records
at personal and corporate entrepreneurship.
More than 12 years at worldwide banking groups such us
Societe Generale , Raiffeisenbank
Experience at roles: CEO, Head of Business, Chief Digital &
Marketing Officer, Head of Digital Transformation and Channels, Head of Products and Marketing.
Course Curriculum
Chapter 1: Introduction
Lecture 1: Onboarding to learning process
Lecture 2: Welcome to MTF
Chapter 2: Procurement and Purchasing
Lecture 1: Introduction
Lecture 2: Purchasing Introduction
Lecture 3: Strategic Procurement Foundations
Lecture 4: Planning
Lecture 5: Procurement Processes
Lecture 6: Supplier Relationship Management (SRM)
Lecture 7: Cost Optimization and Negotiation Strategies
Lecture 8: Procedure of Procurement
Lecture 9: Contract Development and Management
Lecture 10: Focuses of work
Lecture 11: Procurement Technology and Digitalization
Lecture 12: Global Sourcing and Supply Chain Dynamics
Lecture 13: Category Management
Lecture 14: Sustainable and Ethical Procurement
Lecture 15: Request for Proposal (RFP) Template
Lecture 16: Request for Quotation (RFQ) Template
Lecture 17: Sales and Purchase Agreement (SPA)
Chapter 3: Interactive Part, Next Steps and Answers to Questions
Lecture 1: Interactive Part
Lecture 2: Congratulations with course finishing
Lecture 3: Bonus Section: Next Steps
Instructors
-
MTF Institute of Management, Technology and Finance
Institute of Management, Technology and Finance
Rating Distribution
- 1 stars: 5 votes
- 2 stars: 4 votes
- 3 stars: 14 votes
- 4 stars: 41 votes
- 5 stars: 59 votes
Frequently Asked Questions
How long do I have access to the course materials?
You can view and review the lecture materials indefinitely, like an on-demand channel.
Can I take my courses with me wherever I go?
Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!
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