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What is Procurement & How to Optimize Process Flow

This course equips you with the knowledge and skills to excel in procurement, providing valuable insights and strategies applicable across industries.

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Last updated 5/2024
English

Overview

Are you currently involved in procurement or purchasing for your construction business? 

If so, then this course is specifically tailored to meet your needs and provide you with the necessary knowledge and skills to excel in your role. Upon completion of this comprehensive course, you will not only feel empowered but also equipped to oversee the entire procurement process from start to finish. Furthermore, you will be able to confidently provide sound and ethical recommendations that will greatly benefit your business.

One of the key objectives of this course is to provide you with valuable insights into the methods employed by some of the world's leading contractors. By understanding these proven strategies, you will be able to effectively secure the highest quality tender returns from your supply chain. Additionally, you will gain the expertise needed to thoroughly analyze these returns, ensuring optimal value and profitability for your business.

It is important to note that the principles and practices covered in this course are not limited to the construction industry alone. In fact, they are applicable across various industries, making this course a valuable asset for professionals in different fields.

What sets this course apart is the expertise and experience of the instructor, a seasoned Quantity Surveyor who has received training in the UK. With a wealth of experience managing projects valued at over A$6 billion / £3.3 billion in both the UK and Australia, the instructor brings a unique perspective and invaluable knowledge to the table.

The topics covered in this course include:

  • Understanding Procurement and Its Stakeholders: Exploring the concept of procurement and the involved parties.
  • Required Documents and Processes for Quality Procurement: Identifying the necessary documentation and processes for conducting high-quality procurement.
  • Conducting the Tender Process: Guidelines for executing the tender process.
  • Analyzing Tender Returns and Making Recommendations: Techniques for evaluating tender returns and providing recommendations.
  • Ethical Procurement Practices: Exploring the ethical aspects of procurement.
  • Supplier Management System: Strategies for effective supplier management.

This course focuses on procurement from the perspective of Contractor involvement in various procurement routes such as Design and Build, Construct only, PPP, contract administration and Procurement Contract Management. In these procurement routes, the Contractor is responsible for procuring goods, services, and subcontractors. While there are similarities with Client-side Quantity Surveyors in some concepts, this course is not tailored to that specific area.

By enrolling in this course, you will gain the knowledge and skills necessary to navigate the complex world of procurement. Whether you are a seasoned professional or just starting out in the industry, this course will provide you with valuable insights and practical strategies to improve your procurement best practices. Don't miss out on this chance to elevate your career and make a positive impact on your organization's bottom line.

Who this course is for

  1. Procurement Officers
  2. Quantity Surveyors
  3. Contract Managers
  4. Construction Managers
  5. Project Managers
  6. Planners
  7. Civil Engineers
  8. Site / Project Engineers
  9. Construction
  10. Student

Testimonials

  1. Very informative, and great content ~ T Odeh
  2. I acquired some good knowledge. This course is very enriching and very much well detailed. Thank you ~ Eswaree K
  3. This is a great course that covers pertinent topics to my role as a Project Manager ~ Orville C
  4. Complete beginner and the course is at a perfect pace to absorb the information without being overwhelming. 
  5. Only an hour or so in but well worth the price and time I've invested so far! ~ M Gascoigne
  6. This course was exactly what I have been looking for. It was clear and concise but also covered all the key areas required. I would highly recommend this course! ~ D Fisher
  7. Just the course i was looking for. I am just staring in procurement, and was looking for a guide to make me more confident. The instruction is clear and detailed, lots to take on board ~ Stacey
  8. This is a fantastic, easy to read and listen to, comprehensive and extremely well presented course on procurement. This course is for all level candidates whether beginner, intermediate or expert. All students regardless of level will learn a phenomenal amount from this presentation. Highly recommend as Daniel shares a lot of his experience over the years in a easy to listen to, highly educational manner and all of information is relevant to the now! This course includes everything you need to know with regards to procurement ~ L Philbin
  9. As a complete beginner this course has been really accessible and informative ~ Adam S

What you'll learn

  1. What is procurement and who is involved in the process
  2. What processes should be in place before starting
  3. How to research the market for appropriate tenderers
  4. How to package up and issue a tender to the market
  5. How to accurately analyse tender returns and make a recommendation
  6. Ethical procurement
  7. Differences between Procurement and Purchasing

Requirements

  1. A basic understanding of either construction or procurement, and a willingness to learn.
  2. Things are described clearly at each step, and as it is a reasonably comprehensive guide, you may want to make notes as you go along of key items to take away.
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Course Content

7 Sections 46 Lectures 5h 11m total length

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