Effectively engaging the market

Topics include: Procurement cycle, Market engagement and Methods.

45 minutes

12 months access

Unlimited replays

Digital certificate

How to effectively engage with the market when preparing for a procurement.

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This course supports entry-level procurement professionals and stakeholders in understanding the reasons for market engagement prior to a procurement. We will look at why it is beneficial to both your organisation and your suppliers and the most effective market engagement methods to define your best approach to each procurement.

Our courses are CPD meaning the learning activity has reached the required Continuing Professional Development standards and benchmarks. The learning value has been scrutinised to ensure integrity and quality. The CPD Certification Service provides recognised independent CPD accreditation compatible with global CPD requirements ensuring any learner can record their hours in contribution to their continued professional development.

This course is CPD (Continuing Professional Development) certified.

Procurement Cycle – Following on from the Preparing for a Procurement course, this course revisits the four stages of the procurement cycle, including Analyse, which will be the main focus of this course
Market Engagement Overview – What is market engagement, and why is it so useful prior to a procurement and how to use it to maximise social value and minimise climate impact
Market Engagement Benefits – Market engagement provides a number of benefits for both buyers and suppliers. This module explores both benefits with examples.
Market Engagement Methods – In this topic, we look at the most effective market engagement methods, depending on your requirements
Free Downloadable Resources – Several freely downloadable resources available that will help maximise your procurement approach

Effectively Engaging the Market

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Effectively engaging the market