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| Name | Procurement for Beginners - What is Procurement & The Procurement Process |
| Video Uploader | Video From World of Procurement |
| Upload Date | This Video Uploaded At 28-03-2023 09:24:59 |
| Video Discription | Sign up for our substack Newsletter: https://worldofprocurement.substack.com?sd=pf Learn Contract Management through this Contract Management for Beginners Course: https://www.udemy.com/course/contract-management-for-beginners/?referralCode=F658394D58FA7DD0515A "Mastering Procurement: The Ultimate Guide for Beginners looking to increase their Procurement Knowledge📚🔍 Ever wondered "what is procurement?" or "what is the procurement cycle?" You're in the right place! In this video, we break down an informative article from World of Procurement, covering everything from procurement phases to contract management in procurement. Discover the essential stages, strategies, and importance of procurement in the business world. We're going to be diving deeper into each of the areas raised in this video to give you the best knowledge about what is procurement that you can find. Like, comment, and subscribe for more insightful content, and check out the original article in the description. PS. After the Sourcing Phases have been completed which is much of the focus of this video, we need to enable contract management. Rather than complicate this video for beginners, I'll be putting together a "What is Contract Management Video" for you so that you can see how the two slot together. #procurement 00:00 What is Procurement 00:20 What is Indirect Procurement 00:46 What is Direct Procurement 01:53 What is the Procurement Cycle 02:04 Phase One: Procurement Requirement 02:18 Phase Two: Procurement Specification 02:40 Phase Three: Market Research and RFI 02:55 Phase Four: Request For Proposal 03:08 Phase Five: Supplier Evaluation 03:21 Phase Six: Supplier Negotiations 03:35 Phase Seven: Order Placement, Delivery and Inspection 03:54 What is Agile Procurement 04:35 Procurement Strategies 04:50 Cost Control in Procurement 05:24 Quality Improvement in Procurement 05:49 Supplier Relationship Management 06:10 Risk Management in Procurement 06:32 Conclusion w7cZ-Xz9C1s |
| Category | News & Politics |
| Tags | supply chain management | association for project management | procurement process | what is procurement | what is procurement process | what is procurement cycle | what is procurement strategy | what is procurement and supply | procurement | procurement management | procurement management lecture | procurement for beginners | procurement training for beginners | what is procurement in supply chain | world of procurement | contract management in procurement | contract management |
