Fundamental of Procurement

Home / Programs Offering / Fundamental of Procurement

Fundamental of Procurement

Gain essential skills to streamline purchasing, manage suppliers, reduce costs, and boost efficiency. Perfect for beginners and professionals alike, this short course lays the foundation for strategic sourcing and successful supply chain management.

Mr. Mohd Zulkiflee Mahsuri @ Awi
HRDC TTT Accredited
Tel Number: 017 – 3303038
Email : zulkiflee.trainer@gmail.com

My profile click here

Course Title :
Fundamental of Procurement

This course design focuses on providing participants with a solid understanding of the core principles and processes involved in procurement.

It’s designed for individuals new to procurement or those looking to refresh their foundational knowledge.

Target audience:
Entry-level procurement professionals, administrative staff involved in purchasing, anyone needing a basic understanding of procurement.

Course Objective :

Upon completion of this course, participants will be able to:

Understand the key principles and concepts of procurement.
Identify the different types of procurement and sourcing strategies.
Understand the procurement cycle and its various stages.
Develop basic procurement documentation.
Evaluate suppliers and negotiate effectively.
Understand ethical considerations and best practices in procurement.
Recognize the importance of procurement in organizational success.

Course Outline

Our comprehensive course outline

Day 1:
Introduction to Procurement and the Procurement Cycle

(9:00 - 10:30) Introduction to Procurement:

What is Procurement? Defining key terms (e.g., purchasing, sourcing, procurement, supply chain).

The importance of procurement in an organization.
Different types of procurement (e.g., direct, indirect, capital, MRO).
Sourcing strategies (e.g., competitive bidding, negotiation, direct sourcing).
Activity: Group discussion: Identifying procurement activities in different industries.

(10:30 - 11:00) Coffee Break

(11:00 - 12:30) The Procurement Cycle (Part 1):

Needs identification and specification development.

Market research and supplier identification.
Developing a sourcing strategy.
Activity: Case study: Developing a basic specification for a product or service.

(12:30 - 1:30) Lunch

(3:30 - 5:00) The Procurement Cycle (Part 3):

Purchase order creation and management.

Receiving and inspection.
Payment and invoice processing.
Performance monitoring and supplier relationship management.
Activity: Group exercise: Creating a basic purchase order.

Day 2:
Supplier Management, Ethics, and Procurement Best Practices

(9:00 - 10:30) Supplier Management:

Supplier selection criteria.
Supplier performance evaluation.
Supplier relationship management.
Developing strategic partnerships.
Activity: Case study: Evaluating supplier proposals.
(10:30 - 11:00) Coffee Break

(11:00 - 12:30) Ethical Considerations in Procurement:

Code of ethics and conduct.
Conflict of interest.
Gifts and gratuities.
Confidentiality.
Sustainable procurement practices.
Activity: Group discussion: Ethical dilemmas in procurement.
(12:30 - 1:30) Lunch

(1:30 - 3:00) Procurement Best Practices:

Spend analysis.
Category management.
E-procurement and automation.
Performance metrics and reporting.
Continuous improvement.
Activity: Brainstorming session: Identifying opportunities for improvement in procurement processes.
(3:00 - 3:30) Coffee Break

(3:30 - 5:00) Course Wrap-up and Q&A: