Procurement Management
Why take this course?
🎓 Course Title: Procurement Management: An Ultimate Guide for Managers, Engineers, Entrepreneurs, and Students
🚀 Headline: Unlock the Secrets of Efficient Procurement with Avik Munshi, PMP® - Your Go-To Expert!
📘 Course Description: Diving into procurement might seem like a straightforward transaction between a buyer and a seller. However, this course, led by the esteemed Avik Munshi, PMP®, reveals the multifaceted nature of procurement management. It's not just about buying goods or services; it encompasses technical, commercial, legal, interpersonal, and managerial dimensions. This comprehensive online course is tailored for professionals and students across various industries, including construction, oil and gas, engineering, manufacturing, interior design, textiles, and apparel.
🔍 What Will You Learn? 🎥 Embark on a journey through 6 hours of meticulously crafted lecture content where you'll gain an in-depth understanding of:
- Item Classification 🏗️
- Management Terminology 📖
- Build vs Buy Decisions 🤔
- Market Conditions 💰
- State of Supply Chain 🌍
- Criteria for Supplier Selection 🔍
- Methods for Supplier Evaluation ⚖️
- Work Packages and Work Breakdown 📋
- Resource Breakdown and Resource Calendar 📅
- Basics of Change Management 🔄
- Understanding Contracts 🖫️
- Contracting Arrangements 🤝
- Project Environment & Organization Type Impact 🏢
- Purchase Documents 📑
- Standard Terms in Procurement Contracts ✍️
- Delivery Terms; Incoterms 🌍
- Stakeholder Identification and Management 🤝
- Procurement Process and Contract Administration 🔄
- Earned Value Management (EVM) 📊
- Basics of Risk and Business Continuity ⚠️
- Risk Management Approach 🛡️
- Basics of Claims and Dispute Resolution ⚖️
- Closing and Termination of Procurement 📜
- Procurement Costs 💰
- Economic Order Quantity (EOQ) 📈
- Service Level Agreements (SLA) 🤝
- Re-ordering - Fixed Order Interval & Quantity ⏳
- Managing Working Capital 💰
- Business Cycle Management 🔄
- 7Rs of Procurement 🗂️
🧠 Engagement and Learning: Stay engaged with quizzes in each section, totaling an impressive 8 Quizzes, designed to reinforce your learning and ensure you're absorbing the critical concepts.
🎉 Join Avik Munshi, PMP® for this insightful journey into the world of procurement management. Enhance your skill set, make informed decisions, and add significant value to your organization or business venture. With this course, you'll be equipped with the knowledge to navigate procurement challenges effectively, ensuring success in all your future projects.
📆 Start Your Learning Journey Today! 🌟 Don't miss out on this opportunity to master procurement management and set yourself apart in your field. Enroll now and unlock the full potential of your procurement prowess!
Course Gallery
Loading charts...
Comidoc Review
Our Verdict
This 8-hour Procurement Management course on Udemy offers a thorough examination of procurement fundamentals while incorporating essential related concepts. It succeeds in providing insights from various practical viewpoints and covers a wide range of topics. However, improvements could be made to audio quality and delivery style for better comprehension. Adding supplementary materials such as examples, templates, or visual elements would help reinforce the course's teachings.
What We Liked
- The course provides a comprehensive overview of procurement management, touching on various related concepts such as contracts, risks, and frameworks.
- Insights from the course allow learners to better understand their customers' perspectives, fostering improved business relationships.
- Explanations are clear and easy to grasp, with some testimonials indicating that the course has effectively expanded users' understanding of procurement processes.
Potential Drawbacks
- The audio quality and English pronunciation can occasionally make it difficult to follow along, especially for non-native speakers.
- A few topics might be confusing due to the absence of supporting materials like Excel sheet formulas, contract formats, or supply chain examples.
- Some users find the course delivery too monotonous, lacking interactivity and visual appeal (e.g., images, graphics) that could improve learning engagement.