Purchasing, Procurement and Inventory Management With Complete Career Guide

The Purchasing, Procurement and Inventory Management With Complete Career Guide 2025 is designed to develop professional excellence in the field of supply chain, procurement, and inventory control. The curriculum covers supply chain fundamentals, procurement strategy, purchasing cycles, supplier evaluation, quality management, e-procurement systems, category management, and inventory optimization techniques. Learners will gain hands-on knowledge of purchasing tools, risk analysis frameworks, and supplier relationship management essential for maintaining operational efficiency.

By mastering these modules, participants will understand the end-to-end purchasing and procurement process, manage cost-effective supplier negotiations, implement inventory management systems, and improve organizational profitability. This program serves as a roadmap for anyone aiming to build or advance a career in global purchasing and procurement management.

Learning Outcomes

1. Demonstrate in-depth understanding of global purchasing and procurement functions.
2. Apply analytical tools to enhance procurement and inventory performance.
3. Develop cost-saving strategies using category and supplier management.
4. Evaluate risks to ensure supply chain continuity and reliability.
5. Implement quality control and compliance in procurement operations.
6. Leverage digital tools for smarter purchasing and inventory automation.

Course Curriculum

Module 01: Supply Chain Basics
Learn about supply chain networks, logistics coordination, and inventory control systems that drive procurement efficiency.

Module 02: Role of Procurement in an Organisation
Understand procurement’s strategic impact on business success, financial control, and sustainable sourcing.

Module 03: The Purchasing Cycle
Explore the complete purchasing process from requisition to payment, ensuring accuracy and compliance.

Module 04: Purchasing Toolkits
Master modern tools, templates, and analytical software that streamline purchasing operations.

Module 05: Managing Competitive Bids
Learn how to prepare, evaluate, and manage supplier bids with transparency and competitiveness.

Module 06: Quality Management
Develop skills to maintain product standards, ensure supplier compliance, and uphold quality benchmarks.

Module 07: Supplier Relationship Management
Build strong supplier partnerships through communication, performance evaluation, and trust-based collaboration.

Module 08: Analysing and Reducing Risk in the Supply Chain
Identify, assess, and mitigate procurement and inventory risks using proven methodologies.

Module 09: Improving Efficiency and Accuracy
Enhance procurement workflows with automation, cost reduction strategies, and digital transformation tools.

Module 10: Category Management
Organize and manage procurement categories strategically to leverage cost-saving opportunities.

Module 11: Inventory Management
Optimize stock levels, implement just-in-time techniques, and prevent overstock or shortages.

Module 12: E-procurement
Discover how digital procurement systems and online platforms transform purchasing efficiency globally.

Disclaimer:

This is an online course with pre-recorded lessons. You will get access to the course within 48 hours after your enrolment.