KES 121,000
PPB
Certificate
Purchasing And Procurement Basics
Purchasing And Procurement Basics (PPB) is a 1-month certificate course in Purchasing and Inventory, studied online, examined by Finstock Evarsity College. The full fee is KES 15,000. Finstock Evarsity College is a TVETA-accredited college in Nairobi, Kenya. The fee can be paid in a lump sum or in 3 instalments of KES 5,000.
5.0 (3 reviews) out of 5. Read the reviews.
81 learners enrolled
Overview
Purchasing and procurement extends past getting the products and services that the organization needs at the right time and the right cost. This field has evolved to include relationship building, supply chain management integration, and communication with stakeholders to continually improve processes and results.This short course covers all the essentials of purchasing and procurement.
Purchasing and procurement are fundamental functions within any organization, playing a crucial role in ensuring the efficient acquisition of goods and services necessary for business operations. This course provides a comprehensive introduction to the principles, practices, and strategies involved in purchasing and procurement management. Students will gain a deep understanding of the procurement process, from identifying needs and selecting suppliers to negotiating contracts and managing supplier relationships.
Topics covered in this course include:
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Introduction to Purchasing and Procurement: Understanding the role and importance of purchasing and procurement in organizational success.
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Procurement Planning: Assessing organizational needs, setting procurement objectives, and developing procurement plans.
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Supplier Selection and Evaluation: Methods for identifying, evaluating, and selecting suppliers based on criteria such as quality, cost, reliability, and sustainability.
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Contract Negotiation and Management: Techniques for negotiating favorable terms and conditions with suppliers, as well as strategies for effectively managing contracts throughout their lifecycle.
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Risk Management in Procurement: Identifying and mitigating risks associated with procurement activities, such as supply chain disruptions, quality issues, and legal compliance.
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Ethics and Sustainability in Purchasing: Understanding ethical considerations and sustainability principles in procurement, including responsible sourcing and environmental stewardship.
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Technology and Tools in Procurement: Exploring the use of procurement software, e-procurement platforms, and other technology-driven solutions to streamline procurement processes and enhance efficiency.
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Supplier Relationship Management: Strategies for building and maintaining strong relationships with suppliers to foster collaboration, innovation, and value creation.
Mode of Delivery: This course will be delivered through a combination of lectures, case studies, group discussions, and interactive exercises. Additionally, online resources and learning materials will be provided to supplement classroom instruction. Guest speakers from industry and field trips to relevant organizations may also be incorporated to provide real-world insights and practical applications.
Reasons Why This Course Should Be Studied:
- Career Advancement: Purchasing and procurement skills are highly sought after in various industries, offering opportunities for career advancement and professional growth.
- Cost Savings: Effective procurement practices can lead to significant cost savings for organizations by optimizing purchasing decisions, negotiating favorable terms, and reducing supply chain inefficiencies.
- Strategic Importance: Purchasing and procurement are strategic functions that directly impact organizational performance and competitiveness. Understanding these concepts is essential for business leaders and managers.
- Global Perspective: With businesses operating in increasingly globalized markets, knowledge of international procurement practices and cross-cultural considerations is invaluable.
- Sustainability Focus: In an era of heightened awareness around environmental and social responsibility, understanding sustainable procurement practices is essential for organizations to mitigate risks and meet stakeholder expectations.
- Practical Skills: This course provides practical skills and tools that can be immediately applied in professional settings, such as supplier negotiation techniques, contract management strategies, and risk assessment methodologies.
Quick answers
How much does Purchasing And Procurement Basics cost?
The full fee for Purchasing And Procurement Basics at Finstock Evarsity College is KES 15,000, made up of registration (KES 1,000) and tuition (KES 14,000).
Can I pay for Purchasing And Procurement Basics in instalments?
Yes. You can pay the KES 15,000 fee for Purchasing And Procurement Basics in a lump sum or in 3 instalments of KES 5,000.
How long does Purchasing And Procurement Basics take?
Purchasing And Procurement Basics takes 1 month.
Can I study Purchasing And Procurement Basics online?
Yes. Purchasing And Procurement Basics is studied online, so you can take it from anywhere.
What qualification do I get from Purchasing And Procurement Basics?
Purchasing And Procurement Basics is a certificate course examined and awarded by Finstock Evarsity College: learners who complete it receive a Finstock Evarsity College certificate.
When can I start Purchasing And Procurement Basics?
The main intakes are in January, April and September, but there is no fixed deadline: you can start as soon as you have enrolled.
Course details last updated .
What you will study
By the end of this course, participants should have an understanding of:
- The value of procurement
- The five rights of purchasing
- Checklist for supplier evaluation
- The purchasing cycle
- Managing competitive bidding with RFP's and RFQ's
- Techniques for successful negotiation
- Risk management
- PPB001 Purchasing And Procurement Basics
Fees
| Item | Amount |
|---|---|
| Registration | KES 1,000 |
| Tuition | KES 14,000 |
| Total | KES 15,000 |
Paying in instalments
All fees are payable in a lump sum or in instalments. The course runs over one trimester, and each trimester's fee can be paid in 3 instalments.
| Trimester | Total per trimester |
|---|---|
| Trimester 1 | KES 15,000 ($ 150) |
| Total | KES 15,000 ($ 150) |
The trimester fee of KES 15,000 ($ 150) is payable in 3 instalments of KES 5,000 ($ 50).
Requirements
Practical requirements
The cost of practicals, internships or industrial requirements is KES 30,000 ($ 300) and only applies to courses that require practicals.
Good to know
- All Fees are payable in installements, for details check FAQs.
- Digital (downloadable) certificates are available. Printing and shipping of hardcopy certificate can be done at a cost of KES 2,000 ($ 20).
Instructors
- JAMES MBURU KIMANI
- TIMOTHY MWANGI NDURU
Frequently asked questions
The Purchasing And Procurement Basics is a practical certificate short course offered by Finstock Evarsity College. It develops focused workplace skills in the value and five rights of procurement, supplier evaluation, the purchasing cycle.
The Purchasing And Procurement Basics suits students, working professionals, supervisors, entrepreneurs and anyone seeking these practical skills. It is beginner-friendly, while experienced learners can use it to strengthen existing practice.
The entry requirement for the Purchasing And Procurement Basics is KCSE mean grade D- or an equivalent qualification.
You will learn the value and five rights of procurement, supplier evaluation, the purchasing cycle, RFPs and RFQs, negotiation, ethics, risk, sustainability and procurement technology. The course emphasizes applying these skills in realistic professional situations.
Relevant opportunities include procurement assistant, purchasing clerk, sourcing assistant, stores assistant, supply-chain support officer or small-business purchasing coordinator. Job eligibility will also depend on your wider qualifications and experience.
Yes. The Purchasing And Procurement Basics can support progression to a higher or related qualification in procurement and supply chain management, logistics, inventory management or business management, provided you meet that programme’s admission requirements.
Choose the Purchasing And Procurement Basics for flexible online study, practical course content, tutor-supported learning, flexible three-part fee payment and a digital certificate after successful completion.
Reviews
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EPHANTUS IRUNGU WANJIRU
Kenya ·Rated 5 out of 5
Thank you Finstock for your support
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ANYANG MADIT ANYANG BUL
Sudan ·Rated 5 out of 5
After reviewing the Purchasing And Procurement Basics course, I can tell it gives a strong introduction to professional buying. It covers procurement ethics, tendering procedures, inventory control and supplier relationship management. This programme is ideal for beginners in procurement, clerks, and small business owners who want to strengthen their purchasing processes.
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VICTORIA MUMBUA KARIUKI
Kenya ·Rated 5 out of 5
I’ve just enrolled at Finstock Evarsity and registered for Purchasing And Procurement Basics. The course explains the full purchasing cycle, from identifying needs and sourcing suppliers to evaluating quotations and managing contracts. It really shows how procurement supports cost savings and quality in organisations. I would definitely recommend this course to anyone interested in supply chain or stores work
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