An Intensive 3-day Training Course
Principles of Procurement
Master the Technical Knowledge Areas of Procurement Management
INTRODUCTION
A procurement management possesses the expertise and experience to independently and effectively manage the entire procurement process, ensuring that the overall quality of goods is maintained at high standards while meeting challenging timelines for manufacturing and customer delivery.
This EuroMaTech online training course will empower you with knowledge and understanding of the entire gamut of activities necessary for effective procurement management. This Principles of Procurement online training course will equip you with the skillset to independently drive and establish a seamless procurement management system for your organisation, demonstrating your skills and potential to assume higher roles and responsibilities supporting career progression.
The knowledge and information gained through this course will also help you contribute to the procurement process across any industry, thus empowering you to work in any industry.
TRAINING OBJECTIVES
This Procurement Management online training course aims to enable participants to achieve the following objectives:
- Complete knowledge and understanding of procurement management processes and functions of the supply chain management
- The understanding and experience to set up a seamless, streamlined procurement management process for your organisation, showcasing your skills and potential to effectively manage higher roles and responsibilities
- Effective negotiation skills to get the best quality raw materials or goods at the best prices
- The necessary skills to maintain good relationships with suppliers to get high-quality goods at the best prices and on time
- The required experience and knowledge to source raw materials and goods from the best suppliers
- The awareness and knowledge of advanced procurement management concepts to enhance efficiency
- The knowledge and confidence to train other professionals on advanced procurement management concepts
- The potential and skill to contribute to organisational growth through enhanced procurement management
TRAINING METHODOLOGY
The EuroMaTech online training course will combine presentations with interactive practical exercises, supported by video materials, activities and case studies. Delegates will be encouraged to participate actively in relating the principles of Procurement Management to the particular needs of their workplace.
TRAINING SUMMARY
Procurement Management online training course includes sourcing, negotiation and selection of goods necessary for an organisation. A procurement management process defines how goods are selected and procured from suppliers. It covers to order, receipt, inspection and approval of goods received from suppliers. A large influence in this process is the relationship one shares with suppliers and other vendors. What does a procurement management professional do?
TRAINING OUTLINE
Day 1: Main Procurement Management Processes
- Planning Procurement Management
- Conducting Procurements
- Controlling Procurements
- Closing Procurements
- Reverse Auctions
- Procure to Pay
- Source to Pay
Day 2: Steps in the Procurement Process
- Conduct an Internal Needs Analysis
- Assess the Supplier Market
- Collect Supplier Information
- Develop a Sourcing/Outsourcing Strategy
- Implement the Sourcing Strategy
- Negotiate with Suppliers and Select the Winning Bid
- Implement a Transition Plan or Supply Chain Improvements
Day 3: Procurement Planning and Implementation
- Spend Analysis
- Kraljic Matrix
- Supplier Performance Assessment
- Procurement Leveraging
- Procurement Software
CALL ME BACK
Do you wish for us to conduct this course at your premises?
Discover In-House Solutions
ACCREDITATION
Euromatech is a Knowledge & Human Development Authority (KHDA) approved training institute in Dubai, licensed and approved to deliver training courses in the UAE.
The KHDA is the regulatory authority in the UAE, that oversees administering, approving, supervising, and controlling the activities of various education providers in the UAE. We are proud of our commitment to ensuring quality training courses and status as a KHDA-approved training provider.
Related Articles
FAQ
EuroMaTech provides a range of ISO certification and compliance training courses, including:
- ISO 9001 – Quality Management Systems Training
- ISO 45001 – Occupational Health & Safety Management Training
- ISO 14001 – Environmental Management Systems Training
These courses help organizations adopt internationally recognized standards and improve their overall performance.
To register for a training course, you can:
- Visit the EuroMaTech website, browse the available courses, and follow the online registration process.
- Contact EuroMaTech’s support team for assistance with course selection or inquiries about corporate training solutions.
EuroMaTech stands out as a leader in training and professional development due to:
- 30+ years of experience delivering high-impact training courses across industries.
- Accreditations from leading institutions, ensuring top-tier course quality and recognition.
- A portfolio of thousands of training courses, serving professionals at every level.
- A focus on innovation and future-ready learning models, including blended and digital training.
- Long-term partnerships with organizations globally, ensuring sustained success through talent development.
EuroMaTech has successfully delivered thousands of training courses, with thousands of professionals from over 50 countries attending annually.
We are happy to share the profiles of our expert instructors. To learn more about their qualifications and experience, please contact us [email protected]
We provide two flexible training formats to suit your preferences:
- Classroom Training: Experience in-person learning with expert instructors. Engage in interactive discussions, hands-on activities, and benefit from face-to-face networking.
- Online Training: Join live online sessions from anywhere, offering flexibility for those with busy schedules or who prefer remote learning.
- In-House Training: We can bring our training directly to your organization, allowing for tailored sessions that address your specific needs and objectives.
Yes, we provide tailored training solutions designed to meet the specific needs of your organization. Customized courses can be delivered either in-person or online, and you can select the dates and duration that best fit your schedule. For more details, please contact us at [email protected]
Yes, we can assist you with the following:
- Corporate Discount: If available, we can extend our corporate discount for your stay at selected hotels.
- Hotel Suggestions: We can provide recommendations for nearby hotels based on your preferences and budget.
Feel free to explore online booking platforms for the most cost-effective options.
