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Procurement Management

procurement-management

Free Coupon Discount - Procurement Management, An Ultimate Guide to Procurement / Purchase Management for Managers, Engineers, Entrepreneurs and Students
  • Bestseller
  • Created by Avik Munshi, PMP®
  • English [Auto]

What you'll learn

  • Making Buy or Build Decisions
  • Supplier Evaluation
  • Work Breakdown and Resource Calendar
  • Types of Procurement Contracts
  • Contract Terms and Documents
  • Delivery Terms - Incoterms
  • Procurement Activities and Documents
  • Basics of Dispute Resolution
  • Earned Value Management
  • Risk Management
Description

Although the word procurement or purchase implies to be a mere transaction involving a buyer and seller, it requires execution on multiple fronts such as technical, commercial, legal, interpersonal and managerial. Individuals with knowledge of procurement process can reduce lapses in management or communication and ensure organizational success.   
To help professionals and students understand the process and perform better, this course focuses on delivering a comprehensive understanding of the management and practical aspects involved in procurement.
For students and professionals in construction, oil and gas, engineering, manufacturing, interior design, textiles or apparel.

What will you learn through your investment in these 6 hours of Lecture?
Item classification
Management Terminology.
Build vs Buy Decisions

Market conditions
State of supply chain.
Criteria for Supplier Selection
Methods for Supplier Evaluation

Work packages and work breakdown
Resource breakdown and resource calendar
Basics of Change Management

Understand the term contract
Types of contracting arrangements
Impact of Project environment and Organization type. 

Various purchase documents
Standard terms in procurement contracts
Limitation of Liability - Delivery terms; Incoterms. 

Identifying and working with stakeholders
Preparing for procurement and documents
Procurement process and contract administration.
EVM - Earned Value Management

Basics of risk and business continuity
Systematic approach managing risks

Basics of Claims and Dispute Resolution
Closing and Termination of Procurement

7Rs of Procurement

Also, with a quiz in each section - total of 8 Quizzes
Who this course is for:

Entrepreneurs and Business Owners who directly engage in Procurement Process
Managers and Engineers who assist Procurement Managers in Operations
Managers and Engineers supporting Procurement in Projects
Engineering and Management Students seeking Career Oppurtuinity

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