Procurement is more than just a business necessity, it can be leveraged as a competitive benefit when optimized to save money, time, as well as resources. It is a major contributor to a company’s growth and is very much a field in which doors are there to be opened and performance drives more career progression than experience. Hence, procurement managers are in high demand in response to the number of major infrastructure projects. So, if you are someone who wishes to build a career in procurement management, then stay with us till the end as here you’ll find the Top 8 Procurement Management Training Courses in 2022. Let’s begin with knowing the skills required for the interested candidates.
Recommended skills
To begin with, let’s discuss the basic skills that one is recommended have before going for a certification course in procurement management-
- Tech savvy
- Interpersonal skills
- Finance abilities
- Strategic thinking
- Problem-solving skills
- Negotiation skills
Top 8 Procurement Management Training Courses in 2022
Choosing a certification course that suits you best is not an easy task as there are various online platforms offering numerous courses to fulfill your needs. Therefore, here we are to help you out by discussing the Top 8 Procurement Management Training Courses in 2022 that would give you an idea about which course you should go for. So, without any further waste of time let’s look at what we are here for-
1. Certified Procurement Manager by Vskills
This government certification is designed in a way to benefit professionals working in the procurement or purchase function of organizations and senior executives to move a step ahead in their careers and show their expertise in the procurement management department. Following are some important details and the course outline that you should know before enrolling in this course.
Course Details
- Government certified
- Learning hours- 13 hrs
- Price- Rs 2499
- E-learning access- Lifelong
Course Outline
- Procurement Management
- Cost and Value Analysis System
- Negotiation Skills
- Purchase Management System
- Vendor Management
- Materials Planning
- Materials Budgeting
- Material Classification, Standardization and Codification
- Material Handling
- Stores Management and Warehousing
- Quality Management
- Legal Framework
- Future Developments
2. Procurement Basics by Coursera
This course provides you with fundamental knowledge on procurement, its’ role in the company, the significance of the procurement organization, processes like the use of RFQ, RFP and RFX, along with an understanding of stakeholder management. Moreover, the course is supported by videos and readings, and also a required case that is assessed by a peer review. So, it is a good option for you to choose but before applying keep note of the following important details.
Course Details
- Level- Beginner
- Duration- 6 hours
- Subtitles: English, Arabic, French, Portuguese (European), Italian, Vietnamese, German, Russian, Spanish
- Self-paced
Course Outline
- Welcome & Procurement Definitions
- Importance of Procurement
- Procurement Processes
- Directs vs. Indirects
- Stakeholder Management
3. Procurement and Purchasing Management Online Training Course by Udemy
This course on purchasing and procurement management is designed for anyone who wishes to build a career in the supply chain field but doesn’t have the required knowledge of this industry. It is also a good way to test your current skills and knowledge along with exploring supply chain management basics, covering the cycle of procurement, the purchasing cycle, as well as the purchasing toolkit in detail. So, this training program is definitely a good option for candidates willing to start their careers as procurement management professionals.
Course Details
- Duration- 3 hrs
- Full lifetime access
- Fees- Rs 1280
- Rating- 4
Course Outline
- Supply chain basics
- Role of procurement in an organisation
- The purchasing cycle
- Purchasing toolkits
- Managing competitive bids
- Quality management
- Supplier relationship management
- Analysing and reducing risk in the supply chain
- Improving efficiency and accuracy
- Category management
4. Master Certificate in Advanced Procurement Management – Strategic Negotiation by Michigan state university
This course examines the crucial role that supply base management plays in the success of an organization. It shows you the “how and why” of rethinking and improving your current supply base and sourcing strategies. So, here you’ll find the most effective techniques for evaluating and negotiating with suppliers, and attaining a sustainable advantage for your company and across the supply chain. Moreover, some other important details of this course are as follows-
Courses included
- Strategic supply management
- Supply base management
- Strategic negotiation
5. Online MSc Procurement, Logistics and Supply Chain Management – University of Salford (UK) by University of Salford
This course gives you a deep understanding of warehousing, procurement, transportation and shipping, stores management, inventory planning, as well as contract management. Thus, this comprehensive course helps in deepening your knowledge of procurement management. Moreover, some other important details of this program are as follows-
Course Details
- Standard Fee- 12,000 CHF
- Language- English
- Course type- Online
Course Modules
- Advanced Project and Logistics Management
- Global Supply Chain Management
- Operations and Information Management
- Procurement, Risk and Contract Management
6. MicroMasters® Program in Supply Chain Management by edX
This program helps you gain expertise in the area of supply chain management through this consisting of five courses followed by a final capstone exam. This program is, therefore, a professional, advanced, graduate-level foundation in supply chain management. Following are some other important details for you to know before applying for the program.
Course Details
- Duration- 1yr 5 months
- Fees- ₹116,321
- Instructor-led
- Expert instruction
Course Outline
7. Project Procurement Management by Pluralsight
In this course, you get to explore the way of conducting procurement activities in coordination with different vendors, and control and monitor the efforts of partners so as to ensure smooth integration with your project team’s work. At the end of this program, you’ll be prepared to choose and work with partners that can help ensure the success of your project. Following are some important details and the course outline that you should know before enrolling in this course.
Course Details
- Duration- 2hr 23 min
- Level- Beginner
- Language- English
Course Outline
- Planning procurement management
- Conducting project procurements
- Controlling project procurements
8. Procurement Strategies and Tendering by Futurelearn
In this course, you’ll have the opportunity to examine the factors affecting the choice of procurement strategy and work to develop enough understanding of tendering and its use in the construction industry. Moreover, you’ll be able to evaluate the principles of depreciation and the techniques for calculating depreciation in a construction context. Some other important details of this course are as follows-
Course Details
- Duration- 2 weeks
- Weekly study-3hrs
- Rating- 4.9
Course Outline
- What is procurement?
- The need for different procurement routes and the variables between them
- Procurement strategies
- Examples of procurement strategies within projects
- Recent UK procurement strategy
- E-Procurement
- Tendering
- Partnering
- Principal phases in tendering
- Bidding strategies
- Bidding models
We hope this blog will turn out to be insightful and will help you choose the best course for you. So, stop waiting and start learning; enroll in any of the above courses and kick-start your career in procurement management.
HAPPY LEARNING!!