What you will learn

By completing this course, you will gain a solid foundation in procurement and its role as a strategic business function. You will explore both the basics and the broader impact of procurement, from understanding its core principles to applying structured processes and frameworks. 

By completing this course, you will be able to:

✔ Define what procurement is and explain why it matters to organizations.
✔ Understand the difference between purchasing and procurement.
✔ Recognize how procurement drives cost efficiency, quality, and resilience.
✔ Follow the structured procurement process from needs identification to supplier review.
✔ Distinguish between direct and indirect procurement and their categories.
✔ Learn how to identify and unlock savings opportunities in indirect spend.
✔ Compare tactical and strategic procurement and their roles in business performance.
✔ Understand total cost of ownership and use it to make better sourcing decisions.
✔ Assess procurement maturity, understand the four stages, and apply the maturity matrix.

This course includes:
📹 2.5 hours of video content
📄 Procurement Maturity Self-Assessment Template
🎓 Certificate of completion

Course curriculum

    1. The Five Core Business Impacts of Procurement

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    1. The Procurement Process: From Needs to Supplier Selection

    1. Direct vs. Indirect Procurement: Core Definitions and Differences

    2. Typical Categories of Direct and Indirect Spend

    3. Risks and Challenges in Managing Direct and Indirect Procurement

    4. Approaches to Managing Indirect Spend

    1. Tactical vs. Strategic Procurement: Key Characteristics

    2. Roles and Responsibilities in Tactical vs. Strategic Procurement

    3. Skills for Effective Tactical and Strategic Procurement

About this course

  • €149,00
  • 22 lessons
  • 3 hours of video content

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