Course Details

The "Diploma in Procurement & Supply" is a valuable management tool which focuses on how organizational procedures and processes perform in purchasing and supply, including negotiating, planning, risk management and data analysis. The Diploma program consists of following five units:

• Contexts of Procurement and Supply - Emphasis on added value; Sourcing process: tendering, added value of each stage; Policies and procedures; Relationship between compliance and the achievement of added value outcomes; Emphasis on systems, P2P, ERP.
• Business Needs in Procurement and Supply -  Types of purchases; Market data; Business cases; Financial budgets; Market dialogue; Information assurance; Specifications; KPIs ; Contract terms; Pricing arrangements; Development of outsourcing.
• Sourcing in Procurement and Supply - Intra company trading/ transfer pricing; Selection/ award criteria; SME’s, 3rd sector, fair trade; Financial appraisal; Data; E-Requisitions, E-Catalogues; Safety and standards.
• Negotiating and Contracting in Procurement and Supply - Frameworks/ mini comps; Information gathering; Costing & price negotiation; Macro and micro economics.
• Managing Contracts and  Relationships in Procurement and Supply - STEEPLE  (Social, Technological, Economic, Environment, Political, Legislative, Ethical); Relationships as a process; Contract terms and limits of liability; Data on the performance of contracts; Responsibilities for  contract management; Contract management v Supplier Relationship Management; Quality improvement.