Important HRD Corp Update: Effective 15 June 2026 onwards all grant approvals MUST be obtained at least 14 calendar days before the training commencement date.
Procurement is recognised as one of the most important functions in commerce and industry. Procurement function supports companies in managing costs by finding the optimum mix of suppliers to provide goods and services at best prices and quality in line with its priorities and requirement. Besides lowering costs and improve quality purchasing, procurement also helps in securing supply, reducing risks, gaining added value and introducing efficiency and innovations.
Module 1: How Procurement Management adds value to the Firm
Module 2: Supplier Management Process
Module 3: Price, Cost and Total Cost of Ownership
Module 4: Specialised Procurement Management Tools
Module 5: Negotiation Skill for Strategic Buying
Module 6: Buying Strategy
Module 7: Procurement and Organization Strategy
Module 8: Procurement and Tender Management
Module 9: Contract Management and Commercial Law
Module 10: Procurement & Risk Management
Buyers in service and manufacturing sectors, office purchasing agents, purchasing executives and managers, logistics executives and supervisors, manufacturing executives and supervisors, stock or inventory controllers and all personnel involved in logistics related work.
This course can be conducted Physically and Online.
Physical Training Methodology
Interactive and experiential — participants learn through group activities, role-plays, discussions and real workplace scenarios.
The trainer will provide live guidance and immediate feedback
to strengthen understanding and practical application.
Online Training Methodology
Engaging and structured — participants join live discussions, breakout rooms, polls and scenario-based activities. Clear visuals and guided facilitation ensure interactive learning and effective application from any location.
Your talents development comes first. That’s why we tailor every course outline to fit your goals and close any existing skill gaps.
Duration
Flexible learning options from half a day to a 3-day sessions (and beyond)
Content
100% customizable modules to match your organisation’s exact training needs
Methodology
Delivered in your preferred format, be it physical, online or a blended approach
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