Diploma in Purchasing and Procurement at Level 5 Course teaches you everything on the topic thoroughly from scratch so you can achieve a professional certificate for free to showcase your achievement in professional life. This Diploma in Purchasing and Procurement at Level 5 Course is a comprehensive, instructor-guided course, designed to provide a detailed understanding of the nature of the related sector and your key roles within it. To become successful in your profession, you must have a specific set of skills to succeed in today’s competitive world. In this in-depth training course, you will develop the most in-demand skills to kickstart your career, as well as upgrade your existing knowledge & skills. The training materials of this course are available online for you to learn at your own pace and fast-track your career with ease.

• Accredited by CPD
• Instant e-certificate and hard copy dispatch by next working day
• Fully online, interactive course with audio voiceover

• Self-paced learning and laptop, tablet, smartphone-friendly
• 24/7 Learning Assistance
• Discounts on bulk purchases

Sneak Peek

Who should take the course

Anyone with a knack for learning new skills can take this Diploma in Purchasing and Procurement at Level 5. While this comprehensive training is popular for preparing people for job opportunities in the relevant fields, it also helps to advance your career for promotions.

Certification

Once you’ve completed your course, you will immediately be sent a CPD Accredited FREE Digital Certificate.

Course Curriculum

Module 01: Supply Chain Basics In module one, we will deepen our understanding of the process areas within supply chain management, as well as the strategic roles of procurement. It also provides an overview of the evolution of purchasing through procurement. Module 02: Role of Procurement in an Organisation In module two, we will take a look at purchasing and supply in different types of organisations, broadening our knowledge of purchasing in the organisation structure. Module 03: The Purchasing Cycle In module three, we will familiarise with the steps in the purchasing cycle, with training in how to identify a need, plan a schedule, develop a system, issue a purchasing order, and carry out other key procedures. Module 04: Purchasing Toolkits In module four, we will take an in-depth look at the purchasing toolkit, covering fundamental topics such as cost and price analysis, categories of cost, and supplier evaluation. Module 05: Managing Competitive Bids In module five, we will learn about the management of competitive bids, with essential information on how to use a selection committee, use weighted analysis, and create a contract. Module 06: Quality Management In module six, we will explore the five approaches to quality management, from how to implement a quality system to defining specification and the types of specification. Module 07: Supplier Relationship Management In module seven, we will take a look at collaborative business relationships, exploring the stages of the collaborative relationship framework and the models of supplier relationships. Module 08: Analysing and Reducing Risk in the Supply Chain In module eight, we will take an in-depth look at the risk management process, exploring key topics such as the internal and external drivers of key risks, as well as risk analysis methods and techniques. Module 09: Improving Efficiency and Accuracy In module nine, we will learn how to evaluate supplier performance, covering the seven Cs of supplier evaluation. It also explores quantitive approaches to supplier evaluation and service level agreement. Module 10: Category Management In module ten, we will explore the different categories and themes of category management, as well as capital investment procurement and corporate travel. Module 11: Inventory Management In module eleven, we will explore the different areas of inventory management, from stock control and classification to material requirement planning and Lean methodology. Module 12: E-procurement This final module will gain a comprehensive understanding of the business-to-business process of requisitioning, ordering, and purchasing goods. It covers electronic data interchange, e-catalogues and e-auctions.