Quick dive into Procurement
Master procurement basics. Learn to source effectively and manage costs. Essential skills for any business!
Course Content
Quick dive into Procurement is an all-levels Udemy course taught by Nic Thomas. It runs 1h 3m, is taught in English, and includes a certificate of completion. Learners rate it 4.1 out of 5 from 3 reviews, with 10 students enrolled. It is a paid course, first published July 2021.
Elevate Your Procurement Skills: From Novice to Expert
Are you in procurement and looking to move beyond simply "winging it"? This program is designed to raise the standard of procurement and empower you to excel in this vital profession. We'll go beyond the basics, equipping you with the knowledge and practical skills to drive value for your organization.
Understanding the Fundamentals of Procurement
This course begins by demystifying procurement. We'll define what procurement truly is and explore its significant impact on the overall business environment. You'll gain a solid understanding of the key components involved in effective procurement practices.
Navigating Contracts and Legislation
A crucial aspect of successful procurement lies in understanding the legal framework. We'll delve into the core aspects of contracts and relevant legislation that govern the procurement process, ensuring compliance and mitigating risk.
Practical Procurement: The Discovery Stage
This course takes a hands-on approach, focusing on the critical commencement of the procurement life cycle: the discovery stage. Consider this Part 2 – where the real learning happens through practical application. Ideally, you'll have an active procurement role or a situation where you can immediately apply what you learn.
Why Discovery & Planning Matter
Many procurement challenges stem from inadequate discovery and planning. This course zeroes in on the discovery stage, teaching you how to effectively identify needs and create robust plans to meet them. A follow-on course will cover procurement planning, allowing you to build upon this foundation.
Mastering the Discovery Process:
In this section, you'll learn to:
- Gather Essential Inputs: Proactively identify and understand relevant legislation, policy, and governance requirements – often overlooked but critical for success.
- Uncover Internal & Business Needs: Define the problem, collaborate with stakeholders to articulate their needs, and leverage lessons learned from past projects.
- Explore the Supply Side: Gain insights into market research and market sounding techniques to inform your procurement strategy.
Outcome:
You'll be well-prepared to develop a compelling business case or a comprehensive procurement plan that delivers tangible results. This course will help you move from reactive to proactive procurement, becoming a valuable asset to your organization.
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