Welcome to The Procurement Cycle
All
businesses rely on goods and services in their day-to-day running. Procurement
plays a massive part in this by ensuring the goods and services are acquired
seamlessly, at good value and at the right time.
This
course aims to provide an insight into the procurement process, highlighting
the benefits and pitfalls of the different approaches a business can adopt
where procurement is concerned. To illustrate how different strategies can
impact a business, the course will tell the story of a bakery and how their
procurement strategy affects the business.
Is this course for me? This course is suitable for professionals of any level who want to know more about the procurement cycle from start to finish.
How will I benefit from this course? On completion of this course you will be able to:
- understand the procurement process
- understand who has a role to play in the procurement process
- be able to list the steps of the procurement cycle
- be able to identify risks a business may be vulnerable to.
How long will it take? This course should take you around 50 minutes to complete.
How much does it cost? This course is free!
Will I get a certificate at the end? Yes - you will be able to download a certificate once you have have completed all of the modules within the course.
How do I start? Scroll to the top of the page and click on the Join course button. This will take you through to the course content. You don't need to complete the course in one go - you can always continue later from where you left off.
- understand the procurement process
- understand who has a role to play in the procurement process
- be able to list the steps of the procurement cycle
- be able to identify risks a business may be vulnerable to.