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Procurement 101

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Purchasing 101 9 Topics

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Lesson Content

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Purchasing to Procurement

Purchasing as Integral to Supply Chain Management

Materials and Supplies Purchased

Services Purchased

Tactical Purchasing Objectives

Tactical Buying

Tactical and Strategic

Procurement Objectives

Purchasing 101 – Summary

Sourcing 101 9 Topics

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Lesson Content

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Purchasing Functions

Tactical Buying versus Strategic Sourcing

Purchasing Cycle: Sourcing

Purchasing Cycle: Pricing Information

Sourcing and Strategic Sourcing

Strategic Sourcing Objectives

Strategic Sourcing Activities

Sourcing Process Steps

Make-or-Buy Decision

Contract Management 101 6 Topics

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Purchasing Cycle: Agreement, Follow Up, Acceptance, and Approval

Contract Defined

Phases of Contract Management

Contract Performance

ERP System Functionality and SRM for Contract Management

Dispute Resolution

Supplier Management 101 4 Topics

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Procurement Strategy – Supplier Relations

Procurement Strategy – Technology Enablers

Procurement Strategy – Performance and Continuous Improvement

Supplier Relationships

Supplier Risk 101 10 Topics

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Ethics within the Procurement Function

Ethical Sourcing

General Ethics Issues

Diversity in Sourcing

Conflict Minerals

Legislation Related to Sourcing Practices

Code of Conduct

Benefits of Ethical Sourcing

Steps to Ensure Ethical Behavior and Sourcing

How to Begin an Ethical Sourcing Initiative

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About Us

Premikati is a procurement and supply chain management consulting firm. We help our clients, both buyers and sellers, with all facets of procurement strategy.
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Center of Excellence (COE)
Legal Process Outsourcing (LPO)
Business Process Outsourcing (BPO)
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802 N Delaware St
Indianapolis, IN 46204
701 W Georgia St #1500
Vancouver, BC V7Y 1G5
Canada
(317) 682 4940

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