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Procurement 201

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The Premikati Academy Fundamentals of Procurement 201 course provides an overview of Purchasing dives into procurement design, contrasting centralized and decentralized setups and highlighting key steps in the purchasing cycle.

Sourcing sharpens cost dynamics understanding through cost avoidance exercises, spend analysis, and a look into global sourcing strategies. Contract Management accentuates negotiation nuances, detailing the intricacies of agreement terms and the art of negotiation.

Supplier Management emphasizes the value of collaborative supplier strategies and the pivot from traditional purchasing to SRM.

Finally, Supplier Risk explores the realm of sustainable procurement, from the Triple Bottom Line to global sustainability reporting standards.

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