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Procurement Management (Udemy.com)

An Ultimate Guide to Procurement / Purchase Management for Managers, Engineers, Entrepreneurs and Students

4.1
( 232 Reviews )

Created by: Avik Munshi, PMP

Produced in 2021

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What you will learn

  • Making Buy or Build Decisions
  • Supplier Evaluation
  • Work Breakdown and Resource Calendar
  • Types of Procurement Contracts
  • Contract Terms and Documents
  • Delivery Terms - Incoterms
  • Procurement Activities and Documents
  • Basics of Dispute Resolution
  • Earned Value Management
  • Risk Management

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Quality Score

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Overall Score : 82 / 100

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Course Description

Although the word procurement or purchase implies to be a mere transaction involving a buyer and seller, it requires execution on multiple fronts such as technical, commercial, legal, interpersonal and managerial. Individuals with knowledge of procurement process can reduce lapses in management or communication and ensure organizational success. To help professionals and students understand the process and perform better, this course focuses on delivering a comprehensive understanding of the management and practical aspects involved in procurement. For students and professionals in construction, oil and gas, engineering, manufacturing, interior design, textiles or apparel.
What will you learn through your investment in these 6 hours of Lecture? Item classification Management Terminology.
Build vs Buy Decisions Market conditions State of supply chain.
Criteria for Supplier Selection Methods for Supplier EvaluationWork packages and work breakdown Resource breakdown and resource calendarBasics of Change Management Understand the term contract Types of contracting arrangements Impact of Project environment and Organization type. Various purchase documents Standard terms in procurement contractsLimitation of Liability - Delivery terms; Incoterms. Identifying and working with stakeholders Preparing for procurement and documentsProcurement process and contract administration. EVM - Earned Value ManagementBasics of risk and business continuity Systematic approach managing risksBasics of Claims and Dispute Resolution Closing and Termination of Procurement7Rs of ProcurementAlso, with a quiz in each section - total of 8 QuizzesWho this course is for:
Entrepreneurs and Business Owners who directly engage in Procurement ProcessManagers and Engineers who assist Procurement Managers in OperationsManagers and Engineers supporting Procurement in ProjectsEngineering and Management Students seeking Career Oppurtuinity
Read More product length iconTime: 6h

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Instructor Details

Avik Munshi, PMP

Mr. Munshi has previous engagement in consulting roles for business growth and transformations with rapidly growing start-ups as well as conventional enterprises, earned him crucial knowledge and hardcore experience. Also being a published researcher with background in engineering management, accompanied with acute observation and analytical skills, he has an unique skill set in strategy and finance. Currently he empowers organisations through business strategy, management finance, data analytics & project management.
Mr Munshi aims to share field knowledge, experience and practices througheducational courses.

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Reviews

4.1

232 total reviews

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By Asiimwe Jean on 11/15/2020

I am learning a lot and i believe the knowledge so far acquired will help improve and add on what i have been doing to make my work better and easier.

By Ashar on 11/15/2020

it's match for me

By Shubham Shelke on 11/15/2020

Valuable Course

By Neellohit Bose on 11/8/2020

Nice Course

By Milind Mustikar on 11/8/2020

Still need to understand...

By Kingsley Emeribe on 11/8/2020

Satisfied

By Abdullah AL-Jabri on 11/8/2020

The introduction of the lesson was poor, but during the time it become clear for those who work in procurement department

By Prasanna C Kattimani on 10/27/2020

I took this course to make my career in procurement and supply chain management. Yes, I am happy with the course content.

By SUSHANT DHURE on 10/27/2020

Detailed course and good explanation with examples. The documents given in resource section are useful.

By Vutivi Levers Manganye on 10/25/2020

Its a good match for me

By Sunil Vassay on 10/25/2020

yes it is good & interesting

By Mustaali Bhiwandiwala on 10/22/2020

Course should start with the meat of the topic, 10 minutes on a prelude and topics is not required

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Procurement Management
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  • Video Duration: icon 6h
  • Price: 11.99 Track Price 11.99 Track Price
  • Provider: icon Udemy
  • Year: icon 2021
  • Language: icon English
  • Certificate: icon Yes
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