Book a Free Video Consultation!
If you have any questions or would like to speak to one of our team before enrolling feel free to book a free video call with us by clicking the button below, we will be delighted to meet you on Google Meet!
Purchasing and Procurement Basics
Individual Licence (EUR 40)
€40.00
Skip to product information
Purchasing and Procurement Basics
€40.00
Reliable shipping
Flexible returns
Buying for a team?
Choose 5 or 10 licences to purchase access for multiple learners at a reduced per-person rate. After purchase, eBSI will contact you to confirm the learner details and arrange course access for each participant.
Develop practical knowledge and confidence in Purchasing and Procurement Basics.
Purchasing and procurement extends past getting the products and services that the organization needs at the right time and the right cost. This field has evolved to include relationship building, supply chain management integration, and communication with stakeholders to continually improve processes and results. This course covers all the essentials of purchasing and procurement.
Why this course matters
This course turns the subject into practical, structured learning you can apply in real business and workplace situations. It is designed to help you move beyond definitions and understand how the ideas, tools and decisions covered in the course fit together.
What you will gain
- Build a clearer practical understanding of the key concepts and terminology in Purchasing and Procurement Basics.
- Recognise how the topic affects real international trade, finance or risk decisions.
- Apply the course principles more confidently in relevant business situations.
Who is this course for?
This course is suitable for exporters, importers, logistics and supply-chain professionals, SME owners and international trade practitioners.
Course at a glance
- Study time: approximately 2 hours.
- Format: self-paced online learning.
- Professional development: CPD course.
Purchasing and procurement extends past getting the products and services that the organization needs at the right time and the right cost. This field has evolved to include relationship building, supply chain management integration, and communication with stakeholders to continually improve processes and results. This course covers all the essentials of purchasing and procurement.
Some of the topics covered include:
- The value of procurement
- The five rights of purchasing
- Checklist for supplier evaluation
- The purchasing cycle
- Managing competitive bidding with RFPs and RFQs
- Techniques for successful negotiation
- Risk management
- Agile procurement
- The role of cross-functional teams in purchasing and procurement
- Tools of the trade, such as EDI, ERP, and e-commerce
Course Topics:
Session One: Course Overview
Session Two: Supply Chain Management Basics
- Defining the Terms
- Making Connections
- The Value of Procurement
- Practice Makes Perfect
- Pre-Assignment Review
Session Three: The Purchasing Cycle
- Cycle Overview
- Identifying a Need
- Researching Your Options
- Lessons Learned
Session Four: Purchasing Toolkit
- Analyzing the Price
- Six Categories of Cost
- How Much?
- Analyzing Costs
- Evaluating Suppliers
- Evaluation Checklist
- Negotiation Basics
- Effective Questions
- Collaboration Techniques
- The Learning Curve
Session Five: Managing Competitive Bids
- Purchasing Through RFP’s and Tenders
- Making a Choice
- Creating a Contract
- Ethical Considerations
- Ethical Dilemmas
Session Six: Improving Efficiency and Accuracy
- Managing Supplier Performance
- Controlling Quality
- Setting and Monitoring Delivery Standards
Session Seven: Analyzing and Reducing Risk in the Supply Chain
- Whose Risk Is It Anyway?
- Agile Procurement
- A Risk Management Focus
Session Eight: Managing Internal Relationships
- Procurement’s Role in the Organization
- Spell It Out
- Making Your Mark
- Cross-Functional Teams
- Think About It
Session Nine: Tools of the Trade
- Digital Systems
- E-Commerce
- Tools of the Trade
- Evaluating Your Department
- Drawing Conclusions
- Recommended Reading List
- Personal Action Plan
Continue your learning
Part of this learning pathway: Logistics & Supply Chain Management
Course pathway: eBSI Export Academy > Logistics & Supply Chain Management > Purchasing and Procurement Basics
Explore more Logistics & Supply Chain Management training or return to the eBSI Export Academy.