Key topics
- Understanding the Purchasing Environment
Consider the impact of the external national and international business environment upon the purchasing function in a range of different organisations and sectors. Consider the skills and duties of purchasing professionals.
Consider the broad variety of purchasing activities, including the operational objectives of purchasing and the need to balance considerations of cost, lead-time and quality. Learn the key principles of purchasing.
- Client and Supplier Relationships
Consider the nature and scope of operational supplier relationships and how to optimise the performance of key suppliers. Learn how to act as an internal consultant representing the purchasing function. Improve your communication and information seeking skills, and gain the ability to contribute towards improving purchasing efficiency.
Gain a wide understanding of the requirements of controlling the supply of goods. Study the importance of stores and warehouse management, along with materials handling. Discover how to contribute towards the assessment of stock requirements and assist in the scheduling of the flow of supplies. Consider the implications of effective scheduling of stock and the importance of inventory control as a method of improving efficiency.
Understand how the purchasing function can make a difference by being involved at an early stage, from identification of need through to contract negotiation. Consider how purchasing can improve operational efficiency through effective management practices. Understand the importance of internal and external analysis. Examine the various methods available for securing supply.
Course Code
N83
Hours of study
18 months / 50 hours per unit
Technical requirements and fees
- To qualify you must be over the age of 18 years
- Exam fees are additional to your course fees