Procurement Management
Procurement management process involves managing the order, receipt, review and approval of items from suppliers. Procurement management also specifies about the management of supplier relationships, to ensure better service. This is a critical task in Procurement Management. In short, the procurement process helps you "get what you have paid for".
Procurement Management has been developed to suit the needs of professionals to include all aspects of procurement including Purchasing, Logistics, Supply Chain Management and International Sourcing. The course is designed to equip individuals with skills and understanding that will enable them to make a contribution to development of competitive advantage. The course focusses on new development tools of harmonization, and simplification.
After completing the education you can join as Procurement Manager. Key responsibility of a procurement manager is areas of negotiation in all sub contracts and materials procurement/ identification of new suppliers, supplier alignment, relationship and development. He also contributes to the policy setting and manages the administration of procurement. Along with Procurement Manager also manages the activities of service delivery - committed to customers at the right time, cost and quality, control and measure performance to ensure service levels are in line with business objectives. He also manages and maintains standard contract conditions.
Career Prospects:-
- Procurement Manager
- Purchase Manager
- Commodity Manager
- Process Manager
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Required Personality Traits
- Good Communication Skills
- Excellent Leadership Skills
- Computer Skills
- Troubleshooting
- Positive Attitude
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- Supply Chain Manager
- Assistant Buyers
- Purchase Agents
- Retail Managers
At present, there are no such institutes which are offering courses in procurement management. But there are few institutes which are offering short term courses.