Objective

To provide comprehensive knowledge and practical skills related to the purchase and procurement processes in a company, including departmental operations, material policies, documentation, and tender procedures. The course aims to equip participants with the ability to efficiently manage purchasing activities, ensure compliance, and effectively handle vendor relations.

Target Audience

This course is designed for graduates, postgraduates, and management personnel involved in procurement, as well as procurement officers, buyers, and supply chain managers who are involved in or wish to enhance their understanding of purchasing and procurement activities. It is also suitable for entrepreneurs, industrial professionals, inventory managers, administrative professionals working in purchasing roles, those in trade houses, government consultants, and new employees in procurement departments. Business owners looking to optimise their procurement practices will also benefit from the course, gaining insights that can be applied to improve overall procurement efficiency and effectiveness.

Duration of Course

4 weeks

Credit Weight

1 Credits

Certificate

A certificate will be awarded upon successful completion of the course, validating the practical knowledge and skills acquired.

Career Advancement

Participants will achieve a deep and practical understanding of procurement processes, which will allow them to streamline purchasing activities and reduce procurement cycle times. They will gain valuable skills in managing procurement documentation and vendor relations, learn about necessary compliance requirements, and develop expertise in tendering and material handling procedures. This advancement not only enhances operational efficiency but also positions participants as proficient professionals in procurement, capable of tackling common challenges and implementing effective policies. The students after completing this course can enhance their career prospects and job performance in procurement and supply chain roles along with acquiring positions like tender management, purchase assistant, purchase officers or as a workforce in the purchase department of any business.

Module - 1   Company & Purchase Overview

Unit 1 : Company Intro & Course Benefits
  • Introduction of Company
  • Introduction and Benefit of Courses
Unit 2 : Purchase Departments & Classification
  • Purchase & Purchase Departments
  • Classification and Deployment Procedure

Module - 2   Purchase Policies & Compliance

Unit 1 : Purchase Policy & Compliance
  • Material Purchase Policy
  • Require Compliances in Purchase
Unit 2 : Time Office & Security
  • Time office & security office

Module - 3   Requisition & Tender Process

Unit 1 : Indent, Memo, Invoices & Purchase Orders
  • Indent Requisition Slip
  • Memo
  • Quotation / Estimate
  • Invoices / Bill
  • Challan
  • Bill material transfer memo
Unit 2 : Tender Policy & Vendor Selection
  • Tender Policy
  • Tender Documentation
  • Selection of Vendors

Module - 4   Purchase Approval & Material Handling

Unit 1 : Approval Procedures
  • Purchase Order Limitations
  • DMR
  • GRN
  • Approval procedures
Unit 2 : Material In/Out Procedures
  • Material Inwards / Outwards Procedure
  • Material Recordings

Learning Management System (LMS) Panel:

Course Features

Course Features

  • Duration 4 Weeks
  • Credit Weight 1 Credits
  • Certificate After Completion Yes
  • Course Fee with GST Rs. 2949/-
  • Lifetime Access Yes
  • Language English, Hindi