Procurement and Purchasing Training
Gain expertise in procurement and purchasing through practical tools for analysing markets, selecting suppliers, managing contracts, and mitigating risks. Develop strategies to reduce costs, ensure supply reliability, and enhance quality in global procurement and supplies operations. This comprehensive course equips you with essential skills for effective sourcing and vendor management.

4 to 360 hours flexible workload
valid certificate in your country
What will I learn?
This Procurement and Purchasing Training course provides practical tools to analyse markets, evaluate suppliers, and develop strong sourcing strategies for components like electronic control boards and stainless steel housings. You will learn to manage risks, structure contracts, plan negotiations, and implement forecasting, inventory, and performance monitoring to ensure dependable supply chains, safeguard profit margins, and facilitate successful product launches.
Elevify advantages
Develop skills
- Market data sourcing: Quickly gather reliable pricing, lead times, and risk information.
- Supplier selection: Use comprehensive scorecards to select suppliers and allocate volumes effectively.
- Supply risk management: Establish efficient buffers, dual sourcing, and escalation procedures.
- Contract preparation: Develop clauses covering price, performance, continuity, and termination rights.
- Negotiation strategies: Prepare mutually beneficial agreements on cost, terms, quality, and delivery.
Suggested summary
Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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