Procurement Management syllabus
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Procurement Management
5 units
2 Procurement Management Processes (8 LHs)
5 E-Procurement Value Chain (8 LHs)
1. Introduction to Procurement (10 LHs)
- Definition and basics of procurement
- Principles of Procurement
- Importance of procurement
- Identifying procurement categories
- Objectives of effective procurement
2. Procurement Management Processes (8 LHs)
- Planning procurement management
- Conducting procurements
- Controlling procurements
- Closing procurements
3. Steps in the Procurement Process (12 LHs)
- Conduct an internal needs analysis
- Assess the supplier market and collect supplier information
- Develop and implement a sourcing/outsourcing strategy
- Negotiate with suppliers and select the winning bid
- Implement a transition plan or supply chain improvements
4. Contract Management in Procurement (10 LHs)
- Developing a contract management plan
- Best practices in contract management
- Contract drafting and clause negotiation
- Contract monitoring and evaluation
- Contract close-out and continuous improvement
5. E-Procurement Value Chain (8 LHs)
- E-Informing
- E-Tendering
- E-Auctioning
- E-Purchasing and E-Ordering
- E-Invoicing and E-Contract management