These free online procurement courses will teach you about the various methods which public authorities use to source goods and services from the market, and how you can be a part of it. For governments, procurement is a methodology for securing products and services at a good value - for businesses, procurement is a lucrative business opportunity. These courses will teach you about procurement....…Read More These free online procurement courses will teach you about the various methods which public authorities use to source goods and services from the market, and how you can be a part of it. For governments, procurement is a methodology for securing products and services at a good value - for businesses, procurement is a lucrative business opportunity. These courses will teach you about procurement. Read Less
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Is procurement a sought-after field to enter?
Yes, because every service or product you purchase involves a procurement process, whether very small-scale and localised or complicated and global. Procurement clerks or managers deal with everything from supplies of perishables in a supermarket to spare parts for airlines. They must assess suppliers, products and services for quality and work with them according to their department’s budget. In addition, they need to understand logistics, regulatory oversight and how to deal with a crisis such as a late delivery or a fall in production.
In addition, procurement administrators must implement contracts and ensure that suppliers abide by them. This role is crucial as no business can thrive without being able to sell products or services reliably. Experienced procurement officers who can show excellent results are in high demand worldwide.
What skills do I need to work in procurement?
Procurement can be stressful as time, money and jobs all rely on you having the right products or services in the right place at the right time for the right budget. In a crisis, you need to be quick-thinking and cool-headed. For example, if you are in charge of spare parts for an ambulance service, you need to be able to locate them and get them to the scene of a breakdown as quickly as possible. You also need to know precisely how many parts you have spare, what they cost to replace, how soon the next breakdown will occur, and where to source them.
Procurement officers need the following combination of skills and attributes:
Attention to detail
Decisiveness
Logical thinking
Knowledge of contracts and logistics
Communication
Relationship building and maintenance
Technical knowledge of their industry
Problem-solving
Crisis management
Forward planning
Understanding of costings, budgets and profits
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