4 months ago Education, Procurement810

9 Awesome Online Procurement Courses That Will Pay Off

Procurement is an exciting industry with diverse prospects available across countless organizations. With several Online Procurement Courses designed to introduce you to procurement management and administration process, there are only a few that stand out. The 9 Awesome Online Procurement Courses discussed below are intended to offer the right knowledge and skills essential to assisting with any procurement project or role. These Online Procurement Courses will aid you in identifying procurement requirements, supplier selection, leading procurement events, and procurement finalization activities.

Some selected Online Procurement Courses are ideal for individuals in the large or small organization, with general application ranging from industrial projects to simpler ones. Other notable BENEFITS include:

  • Access to high-quality Online Procurement Courses anywhere via eLearning from industry experts.
  • Becoming fully trained with improved employment prospects.
  • Recognized by employers as professional development;
  • Unlimited support and easy to understand course content;

Learning has become an easy process so also is gaining the Procurement and Supply qualification needed to advancing your career. So, whether you are seeking a procurement job, improving existing skills, advancing your career as a buyer or bringing value, preparing for procurement interview, studying one or more of this 9 Awesome Online Procurement Courses will certainly aid you in meeting your goals.

Which course to choose? Although these 9 Awesome Online Procurement Courses are superb for making advancements into new levels, it is still open for all levels of professionalism.

1. Procurement Management

Procurement Management offers the Ultimate Course for Procurement and Purchase Management for Engineers, Entrepreneurs, Managers, and Students. Purchasing is always an essential part of any business whether big or small. As procurement involves third parties and various punitive efforts, it turns out to be critical to avoid lapses in processes to ensure logistic success.

Who is this for?

  • Business Owners and Entrepreneurs directly engaging in Procurement.
  • Engineering and Management Students in quest of Career Opportunity.
  • Engineers and Managers who assist and support Procurement Managers in Procurement Operations and Projects.

What is the Course about?

This Online Procurement Course is designed to aid professionals and students appreciate the process and perform better. It focuses more on comprehensive delivery and understanding of procurement management and practical aspects. Also, the contents in this course are created on best practices, field involvements, and industry standards; to connect the gap amongst theory and practice.

What will you gain from this Course?

  • Basics of Dispute Resolution
  • Procurement Activities and Documents
  • Supplier Evaluation
  • Types of Procurement Contracts

Upon completion of the course, you will be

  • Contract Terms and Documents
  • Delivery Terms – Incoterms
  • Earned Value Management
  • Making Buy or Build Decisions

What’s included in this purchase?

  • 1 Practice Test
  • 3 hours on-demand video
  • 6 Supplemental Resources
  • Access on mobile and TV
  • Certificate of Completion
  • Full lifetime access

Previous Knowledge/Requirements?

  • Basic Understanding of English Language
  • Involves Basic Usage of Microsoft Excel
  • Minimum Qualification: College, Diploma or Equivalent
  • Students Currently enrolled at University

About the Course Author:

Avik Munshi, PMP® (Managing Partner at Apex Zenith Project Consultants LLP)

Mr. Munshi presently serves as the Managing Partner at Apex Zenith Project Consultants. He assists in the procurement of equipment, preparation of management systems and drafting of contracts, and also aids organizations to build capacity through business transformational strategy projects. His experience portfolio consists majorly of construction, engineering, and manufacturing companies. Mr. Munshi aims to share his experience, field knowledge, and practices through this educational online procurement courses.

Certification

YES

2. Engineering Project Management: Risk, Quality, Teams, and Procurement

This Online Procurement Course in Engineering Project Management is designed to provide a detailed view into Risk, Quality, Teams, and Procurement.

Who is this Course for?

Practicing engineers who are still early in the field, either approaching or in their first leadership role.

What is the Course about?

Numerous Project Managers place emphasis only on budget, schedule, and scope.  Still, a successful project entails risk management, control of deliverable qualities, engage and manage costumers likewise the procurement of goods and services. This course focus on these important support functions that creates the difference between the highly fruitful project and an average one.  During the course,

What will you gain from this Course?

  • Create a prioritization matrix
  • Develop a team management plan that includes team development.
  • Develop a procurement plan that includes contracts and incentives
  • Develop risk strategies and quality plan.
  • Identifying team members and clarifies roles and responsibilities.
  • Identify cost contingencies and reserves.
  • Identify quality standards, positive and negative risks.
  • Perform a qualitative risk analysis
  • Utilize cause and effect tools.

Upon completion of the course, you will be

  • prepare a Qualitative Risk Analysis, and
  • Evaluate the Cost of Quality for a provided Case Study

What’s included in this purchase?

  • Full access to all contents and features.
  • Course Certificate.

Previous Knowledge/Requirements?

Individuals who wish to understand more imperceptible aspects of project management to drive better general performance.

About the Course Author

  • Tom Phalen, PMP

He is a Lecturer in Engineering Leadership with several years of experience in the field.

  • Kazimir Karwowski, PMP

Kazimir Karwowski is the Executive Director and an experienced veteran in the field of Procurement Management.

Certification:

YES

3. Negotiating and Contracting in Procurement and Supply

Negotiating and Contracting in Procurement and Supply is amongst the 9 Awesome Online Procurement Courses that provides a comprehensive course for professionals dealing in PROCUREMENT and SUPPLY.

This is the most popular course with 4.8 rating and over 1200 students have taken this course!

Who is this Course for?

  • Business persons
  • CIPS students
  • Contract officer
  • MBA Students
  • Procurement / purchasing executive
  • Procurement specialist
  • Supply chain / inventory / logistics analyst
  • Supply chain / inventory / logistics planner.

What is the Course about?

Negotiating and Contracting in Procurement and Supply is a course created to aid you to understand better what transpires when buying and selling and how it impacts your business if properly handled.

What will you gain from this Course?

  • Detect approaches to attain better arrangements with external establishments.
  • Identify the use of legal terms for regulating commercial deals.

Upon completion of the course, you will be

  • Able to understand what happens when you are buying and selling alongside its impact.
  • Create formalized agreements and dealing with procurement and supply.
  • Analyze approaches to agreements negotiation with external parties
  • Form legally binding contracts.

What’s included in this purchase?

  • 5 hours of on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion

Previous Knowledge/Requirements?

  • All you need is interest in business especially the buying selling part of it

About the Course Author

Moses Manuel (Lecturer |ENTREPRENEUR |host of Zerite Network)

Moses Manuel has several experiences in lecturing business, development, and legal related studies. He is the founder of an educational company, ZERITE NETWORK, that makes it easier for students to access informative materials alongside interacting with each other making education accessible to all.

Certification

YES

4. Cost-Based Pricing for Procurement & Purchasing organization

Cost Based Pricing for Procurement & Purchasing organization provides applied techniques and Methodology of Cost Based Pricing for Procurement and Purchasing.

Who is this Course for?

  • Beginners and Experts of Purchasing and Procurement.
  • Sales and Production managers of Manufacturing and Production firms.
  • Supplying/Sourcing specialists of Retail and Wholesaling businesses.

What is the Course about?

The course is prepared by the Procurement experts, leaving out the boring theory while providing useful knowledge and practical tools. This course is specially designed for Purchasing professionals and employees of Manufacturing and Production firms.

What will you gain from this Course?

  • Direct/Indirect Cost Drivers for price calculations.
  • The economy of Scale.
  • General principles of Cost Based Pricing.
  • Specific tools and advice for applying Cost-Based Pricing.
  • Three general approaches to price setting.
  • Variable and Fixed costs logic.

Upon completion of the course, you will be

  • Classify your costs: Direct and Indirect, Fixed and Variable.
  • Gain an understanding of Economy of Scale principles.
  • Understand the use of diverse logic for price setting.
  • Understand the difference between Cost Based Prices, market prices, and value-based prices.
  • Obtain more confidence talks about price-related topics with your Colleagues, Managers, Suppliers, and Stakeholders.

What’s included in this purchase?

  • 1-hour on-demand video
  • 8 Articles
  • Access on mobile and TV
  • Certificate of Completion
  • Full lifetime access

Previous Knowledge/Requirements?

  • Basic knowledge of finance
  • Computer

About the Course Author:

Robert Freeman (Procurement expert)

Robert Freeman is an experienced professional actively contributing to Procurement development in international corporations and wishes to share more knowledge and engagement with more professional. His idea is to improve the existing business practices, bringing a professional finish to a completely new level.  His mission is simple, “To improve the world by Future Procurement organizations”.

Certification

YES

5. Manage Project Procurement BSBPMG518

The Manage Project Procurement offers detailed theories and practices exclusive to cost management in building and construction.

Who is this Course for?

  • Business owners
  • Construction, and site managers
  • Contract, project, and risk managers
  • Foreman, and quality managers.

What is the Course about?

Project Procurement Management is important in determining a project’s result. In actual fact, individuals practice several concepts involved in Project Procurement Management. This course, however, will allow partakers to completely exploit and benefit from the detailed understanding of Project Management Diploma theory.

What will you gain from this Course?

  • Document lessons learned and recommended improvements for application to future projects
  • Establish and maintain an agreed procurement management plan.
  • Implement established procurement-management plan and make modifications.
  • Obtain information from suppliers in order to fulfill procurement requirements.
  • Review progress and manage variations to ensure timely completion of tasks.
  • Resolution of conflict within the legal framework.
  • Review project outcomes using available procurement records to determine its effectiveness.
  • Solicit vendor responses according to proposal requirements.

Upon completion of the course, you will be

  • Conduct finalization activities to ensure vendor deliverables meet contracted requirements.
  • Communicate clearly agreed proposals and/or specifications to potential vendors.
  • Determine established selection processes and selection criteria.
  • Evaluate responses and select vendors according to current legal requirements.
  • Identify and act according to probity and project-governance constraints.
  • Identify and report procurement issues and implement agreed remedial actions.
  • Identify procurement needs with investors input as the basis for procurement planning.
  • Negotiate with contractor/supplier, to agree on terms and conditions of supply.
  • Obtain relevant approvals for procurement processes to be used for the project

What’s included in this purchase?

  • 1 Supplemental Resource
  • 2 Articles
  • 5 hours of on-demand video
  • Access on mobile and TV
  • Certificate of Completion
  • Full lifetime access

Previous Knowledge/Requirements?

  • Basic knowledge of construction project
  • Basic understanding of project costs

About the Course Author

Exner Education (Project Management for Building and Construction)

Exner is a unified education and consulting firm with several years of experience in providing an extensive range of professional management services. Exner Education is also ASQA registered RTO and is the training development and delivery branch of Exner. Exner Education has designed, developed and delivered training for both large and small companies as well as government agencies. Exner continues to develop its online learning ‘experience’ and provides a unique interactive delivery methodology which gives students world first teaching tools, combining Exner’s practical construction knowledge with core theory to further enhance the students learning experience.

Certification

YES

6. ‘Procure to Pay’ Overview

The ‘Procure to Pay’ Overview course covers the creation of purchase orders, posting of goods receipts, vendor master maintenance, and more.

Who is this Online Procurement Course for?

  • Accounting
  • Financial officers or related fields.

What is the Course about?

Procurement to Payment can be an important workflow in any business. For effective workflow, each team involved should have a proper understanding of the entire flow.  In most businesses, nothing can be ordered until a supplier has been set up in the Vendor Master Maintenance system. The words Sourcing and Purchasing may be interchangeable or have different meanings in your organization.

What will you gain from this Course?

  • Explore the accounting transaction book.
  • Explore the use of various payments options.

Upon completion of the course, you will be

  • Identify the components of Procure to Pay work stream.
  • Identify the benefits of creating a Purchase Order (PO).
  • Recognize the pros and cons and differences between PO and Non-PO invoices.

What’s included in this purchase?

  • 1 hour on-demand video
  • 2 Articles
  • 2 Supplemental Resources
  • Access on mobile and TV
  • Certificate of Completion
  • Full lifetime access

Previous Knowledge/Requirements?

  • No advanced preparation/prerequisites are required.

About the Course Author

Illumeo Learning (Condensed and Efficient Courses for Busy Professionals)

Illumeo, incorporated in 2009, works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination.

Anne Wheeler (Illumeo)

Anne Wheeler is an Accredited Payables Manager (APM) with vast experience in the field of procurement management. She has also managed the implementation of several types of AP workflow systems and ACH payment programs over the years. Anne Wheeler hopes to share what she has learned in order to help others.

Certification:

YES

7. Learn Consignment Procurement Process in SAP MM

Learn Consignment Procurement Process in SAP MM is designed to aid partakers to learn how to process step by step execution of Consignment Procurement Process in SAP MM.

Who is this Online Procurement Course for?

  • All SAP Consultants
  • Procurement Managers
  • SAP MM Consultants

What is the Course about?

The course is designed to aid anyone who wants to gain a better understanding of the concept of Consignment Procurement Process in SAP. This course comprises of detailed presentation with Introduction, Execution Flow of Process Steps, and Quiz part related to the subject alongside Live Videos demonstration to aid your understanding the complete flow of Consignment Procurement Process in SAP MM. There are other Online Procurement Courses for SAP, but this one is picked due to its speciality on the topic of consignment prgramme.

What will you gain from this Course?

  • Understanding the concept of Consignment Procurement Process in SAP MM
  • Understanding the concept of Item Category K in Procurement Process in SAP MM

Upon completion of the course, you will be

  • Identify Consignment Procurement Process in SAP MM
  • Identify the various Item Category K in Procurement Process in SAP MM

What’s included in this purchase?

  • 39 mins on-demand video
  • Access on mobile and TV
  • Certificate of Completion
  • Full lifetime access

Previous Knowledge/Requirements?

  • Basic SAP Concepts
  • Procurement Process
  • SAP Access with Internet connection

About the Course Author

Sumit Jain (Certified SAP MM Consultant)

Sumit Jain is an experience SAP MM, IM and WM functional consultant who has functioned in various SAP R/3 implementations industries, Material management, and Inventory management. Sumit Jain is also experienced in 6 full life-cycle implementation phases. He has interacted with various business partners to understand the AS-IS process and work on developing TO-BE process and supported the development of functional specifications for RICEFW objects.

Certification:

YES

8. RISK MANAGEMENT for Supply Chain and Procurement specialists

RISK MANAGEMENT for Supply Chain and Procurement specialists provides tools and methods used by world class procurement companies and supply chain managers to get rid of RISK MANAGEMENT.

Who is this Online Procurement Course for?

  • Beginners and Professionals of Procurement and Purchasing organizations
  • Supply Chain specialists
  • Production managers and Manufacturing specialists

What is the Course about?

This course is prepared by Procurement Professional based on experience and the best practices for Procurement Professionals. The Tools and methods recommended here are used by the world class companies and supply chain managers. The material is easy to follow, understandable, well-structured and presented in a simple and straightforward text.

What will you gain from this Course?

  • You will understand every risk contained in Procurement and Supply Chain Management decision.
  • You will gain the better understanding of risks complexity.

Upon completion of the course, you will be

  • To quantify and compare the risks
  • To make the strong action plan for different risks

What’s included in this purchase?

  • 1 hour on-demand video
  • 7 Articles
  • Access on mobile and TV
  • Certificate of Completion
  • Full lifetime access

Previous Knowledge/Requirements?

  • No specific knowledge is required.

About the Course Author

Robert Freeman (Procurement expert)

Robert Freeman is an experienced professional actively contributing to Procurement development in international corporations and wish to share more knowledge and engagement with more professional. His idea is to improve the existing business practices, bringing a professional finish to a completely new level.  His mission is simple, “To improve the world by Future Procurement organizations”.

Certification

YES

9. Strategic Cost Management for Procurement and Supply Chain

Strategic Cost Management for Procurement and Supply Chain provides a proper guide on how to secure long-term Procurement savings deprived of breaking relations with your suppliers. Out of all Online Procurement Courses, I would personally recommend this course because of the author Robert Freeman, who is really an expert in the feild of strateic procurement.

Who is this Strategic Cost Management Online Procurement Courses for?

  • Beginners and Professionals of Procurement and Purchasing organizations
  • Financial managers (CFO’s) and Procurement officers (CPO)
  • Production managers and Manufacturing specialists
  • Supply Chain specialists
  • Supplying/Sourcing specialists of Retail and Wholesaling companies

What is the Course about?

This course was prepared based on my own experience and the best practices I have used by myself. Also, this course contains some theoretical knowledge and practical tools that are used by the world-class companies and supply chain managers. The material is easy to follow and understand, well-structured and presented in a simple and straightforward way. And what is very important – you can start using the tools and the logic of Strategic Cost Management already after finishing the course. I am proud of the materials collected in this course. And I am sure that you will bring your Procurement and Supply Chain work to a completely new level!

What will you gain from this Course?

  • Cost management.
  • Development of strategic approach to Cost management.
  • Reaction to pressure from increasing price.
  • Systems development for working with the prices, price development.

Upon completion of the course, you will be

  • To work with cost management and react on increasing price pressure.
  • To develop the systems for working with the prices, price development.
  • To turn your suppliers into the partners, thus helping you attain price development goals.

What’s included in this purchase?

  • 4 hours on-demand video
  • Access on mobile and TV
  • Certificate of Completion
  • Full lifetime access

Previous Knowledge/Requirements?

  • Access to computer and internet
  • Basic English level
  • Basic understanding of Procurement and Supply Chain

About the Course Author

Robert Freeman (Procurement expert)

Robert Freeman is an experienced professional actively contributing to Procurement development in international corporations and wish to share more knowledge and engagement with more professional. His idea is to improve the existing business practices, bringing professional finish to a completely new level.  His mission is simple, “To improve the world by Future Procurement organizations”.

Certification.

YES

CONCLUSION

There are several Online Procurement Courses available today online, but I have taken time out, with the help of reviews from friends and close associates, to pick this 9 Awesome Online Procurement Courses That Will Pay Off in no time. You might be familiar with some, or just want to get updated, I can assure you any of this Online Procurement Courses would offer more than the required assistance. Also, a young professional in the field can look up to learning from experts in the field with this awesome Online Procurement Courses. No matter the Online Procurement Courses you select, I can assure you would get a better value for money.

If you are looking to further reading, you can read my blog on Top 7 Must Read Procurement Book and you might also find these 12 awesome online supply chain management courses useful to take.


 

 

Muddassir