Procurement fundamentals

Topics include: Procurement, Procurement cycle and Legal Framework

1 hour

12 months access

Unlimited replays

Digital certificate

Whether you are a graduate, new to procurement, a stakeholder within the public, private or not-for-profit sector, if you are involved in making procurement decisions on behalf of your organisation, this course will provide you with an introduction to procurement and explain how to make informed procurement decisions with an emphasis on economic, social and environmental considerations.

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Goods, Services and Works – What is procurement? This topic defines the procurement concepts of goods, services, and works, and examines how we buy these on behalf of an organisation.
Buying on behalf of an organisation – When buying on behalf of an organisation we need to think about prioritising resources effectively and managing risks within the process. Here we look at the concepts of trust, supplier relationships, due diligence, supply issues and categorises of spend.
Is it as easy as it sounds? – Is it as easy as it sounds? The consequences of mistakes or supply chain failures can be serious and have broad supply chain failures can be serious and have broad consequences.
Professionalism and the discipline of procurement – This topic places the procurement process in the context of transparent decision making, fairness and accountability, obtaining value for money. It explores the personal attributes and skills required by someone carrying out a procurement as a first defence to risk.
Procurement Cycle – We can manage responsibilities and risks in each stage of the procurement cycle. Learn about the end-to-end process of the procurement cycle, from ‘analyse’ to ‘manage’.
Legal Framework – Do you understand the basic legal framework for Social Value, competitive, bribery, and modern slavery? And the principles and jurisdictions of public sector regulations? This topic will provide you with a basic overview of the public sector procurement rules.

Procurement fundamentals

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Procurement fundamentals