Course Content

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Course Content

FAQs

Procurement is the process of acquiring goods and services for the purpose of meeting requirements. In order to have a successful procurement process, you need to know what your goals are, what your needs are and how you are going to achieve them.

  • Identifying a requirement. The procurement process always begins with the same element - a requirement.
  • Evaluation and selection of suppliers.
  • Place a purchase order.
  • Shipping.

  • Determine all business divisions' requirements for goods and services.
  • Make a list of potential providers and analyse them.
  • Work out contracts with the chosen provider.
  • Submit a buy request and issue a purchase order.

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