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Procurement is one of the key components of supply chain management. It’s the process by which organizations buy products or services from outside sources that are necessary for them to provide their own products.
Vendor contracts are a key component of procurement work since senior managers are always looking for good deals to ensure that the organization can provide its employees with the best possible value. This may involve researching a variety of providers and negotiating with them before settling on terms.
If you want to get started in the procurement profession, or if you are looking to brush up on your skills, check out these courses for procurement professionals that are sure to be helpful in your career advancement. This course is designed for any company, no matter their size, who are looking to improve their purchasing management processes.
Covering everything from contract management to how to source raw materials from overseas suppliers, this program has something for absolutely everyone. Some of these courses can also be completed from the comfort of your own home using online lectures and videos.
Contract Negotiation Techniques
The course specialization in contract negotiation will equip you with the knowledge and expertise needed to tackle tough negotiations in today’s competitive business environment. With an understanding of this specialty, you’ll be able to help your company grow and thrive in a wide range of industries.
Covering important topics such as negotiating models and principles, planning and preparing for negotiations, strategies, tactics, and techniques, interpersonal and online negotiations, commercial clauses – this program will equip you with all the skills necessary to enter a successful career whether it be in purchasing or sales or logistics management.
Our students come from diverse industries such as manufacturing, oil & gas sectors or consumer goods & retail sector, etc. They include professionals working in multinational corporations who want to upskill themselves in order to compete against their peers globally so they can become more attractive assets for future opportunities; rising stars who wish to take their careers up a notch higher; recent graduates looking forward to entering the workforce.
Sustainable Procurement Practices
An excellent option for those looking to pursue a career in sustainability or sustainable-related fields, this specially designed e-learning course offers endless opportunities with updates made regularly to meet changing demands and developments in the field.
Starting out with basics such as policy and principles of sustainable procurement, it gradually provides greater depth into best practices via interactive video lectures, self-assessment quizzes, stimulating debate questions, etc.
Participants can further use customized reports available at the end of each section to plan ahead effectively. For example – how would you know if you are fulfilling all your stakeholders’ needs?
The course will equip you with both practical experiences as well as theoretical understanding to enable you to find opportunities for growth wherever they may lie – whether that be in planning, production, or managing resources like water or energy more efficiently.
Leadership in Procurement Practices
A specialized online course catered towards all different skill levels, this digital learning experience will equip you with the knowledge needed to succeed in leadership. With interactive videos and exercises, you can learn anytime and anywhere without compromising quality.
This course consists of five modules that cover everything from contracts to international trade, so there’s no shortage of insights for beginners or experts alike. Taking up about 18 hours on average, this highly informative class covers key topics such as managing supplier performance or understanding import regulations.
Developed in collaboration between the Singapore Institute of Purchasing and Materials Management (SIPMM) and Logistics Institute of Singapore – a powerful team committed to helping others find success – it features advice from industry leaders who are paving the way for professional careers worldwide.
Managing Procurement and Supply
Learning how to purchase and warehouse things is easy when you enroll in one of our educational courses today! These programs are designed for working professionals who want to expand their horizons and learn new skills, gain a competitive edge, or advance further up the corporate ladder.
We have one specifically tailored for people who want to know everything there is about procurement and supply chain management. Whether you’re just starting out or even if you’re an expert already – we’ve got something for everyone.
The 5 sections in this program tackle different aspects such as purchasing process and procurement; tender procurement process and evaluation; warehousing for integrated procurement; inventory control mechanisms; and current technologies. With every section made up of practical videos, activities, research questionnaires plus follow-up tests – anyone can become well-versed in these processes without breaking a sweat.
Managing Public Procurement
Public procurement entails the purchase of goods and services for governments or organizations (like schools). It’s considered to be an integral part of a country’s economic development strategy, as well as being one of its most cost-effective ways to boost long-term infrastructure development.
In this comprehensive course – which you can access anytime you want – you’ll learn about key aspects such as the policy that governs public procurement, the tender process to fill out proposals and contracts, pre-tendering risk mitigation measures like supplier selection criteria, and performance bond deposits, and tender risk mitigation measures such as contract drawings.
You’ll also learn about digital tools for public procurement such as eSourcing software (used for cataloging), e-tenders software (which helps create formal requests for bids), or Collaborative Planning Software (to plan a strategy ahead of tenders).
This course was made possible with participation from experts within the SIPMM and Logistics Institute of Singapore. It also provides an insight into what it takes to become a respected member of the workforce by looking at job specifications as well as potential career paths.
Cost Price Analysis Techniques
This is an online learning digital course, which was developed exclusively for people who want to understand how to measure and control prices in a company. It teaches participants what they need to know about different pricing strategies so they can make good decisions.
The course is 100% self-paced, so learners can work at their own pace – between sessions where we’ll guide them through video lessons and interactive quizzes – allowing them to learn more thoroughly without worrying about falling behind.
The specialized Digital Course has five sections that cover some of the most important topics on Setting Cost Prices; Pricing Strategies via Competitive Bidding; Estimating Costs & Analyzing Costs; Understanding Expense Models, and Strategies To Reduce Expenses. Learners only need around 18 hours to complete this practical Digital Course successfully.
This course is designed by the Singapore Institute of Purchasing and Materials Management (SIPMM) with input from the Logistics Institute of Singapore, and globally recognized providers who can offer you career guidance.
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