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Procurement Basics
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Procurement Basics

Master fundamental procurement concepts, processes, and stakeholder management. Learn key differences between direct and indirect procurement.

Course Cost

Free course

Beginner

Skill Level

6 Hours

Self-paced lessons

This course cannot be purchased separately - to access the complete learning experience, graded assignments, and earn certificates, you'll need to enroll in the full Global Procurement and Sourcing Specialization program. You can audit this specific course for free to explore the content, which includes access to course materials and lectures. This allows you to learn at your own pace without any financial commitment.

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4.7

26,795 Enrolled

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English

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olive-leaves-logo

4.7

26,795 Enrolled

olive-leaves-logo

English

What you'll learn

  • Understand the fundamental differences between purchasing and procurement

  • Master basic procurement processes including RFQ, RFP, and RFX

  • Distinguish between direct and indirect procurement methods

  • Develop effective stakeholder management strategies

  • Learn to measure and demonstrate procurement value

Skills you'll gain

Procurement
Purchasing
RFQ Management
Stakeholder Management
Direct Procurement
Indirect Procurement
Supply Chain
Process Management
Cost Management
Value Analysis

This course includes:

0.83 Hours PreRecorded video

1 assignment

Access on Mobile, Tablet, Desktop

FullTime access

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Certificate
Certificate

Get a Completion Certificate

Share your certificate with prospective employers and your professional network on LinkedIn.

CREATED BY

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PROVIDED BY

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Top companies offer this course to their employees

Top companies provide this course to enhance their employees' skills, ensuring they excel in handling complex projects and drive organizational success.

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There are 5 modules in this course

This comprehensive course covers essential procurement fundamentals, including key definitions, organizational importance, and process flows. Students learn the crucial differences between direct and indirect procurement, master RFQ/RFP processes, and develop stakeholder management skills. The course combines theoretical knowledge with practical applications through case studies and peer reviews, preparing learners for real-world procurement challenges.

Welcome & Procurement Definitions

Module 1 · 41 Minutes to complete

Importance of Procurement

Module 2 · 48 Minutes to complete

Procurement Processes

Module 3 · 40 Minutes to complete

Directs vs. Indirects

Module 4 · 27 Minutes to complete

Stakeholder Management

Module 5 · 3 Hours to complete

Fee Structure

Reviews

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Faculties

These are the expert instructors who will be teaching you throughout the course. With a wealth of knowledge and real-world experience, they're here to guide, inspire, and support you every step of the way. Get to know the people who will help you reach your learning goals and make the most of your journey.

Procurement Basics

Beginner

Skill Level

6 Hours

Self-paced lessons

Course Cost

Free course

Completion

CERTIFICATE

Frequently asked Questions

Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.