What is Procurement? Procurement Process

Course Feature

Cost

Free
Provider

Youtube
Certificate

No Information
Language

English
Start Date

2021-05-12
Learners

No Information
Duration

No Information
Instructor

Educationleaves

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3.0

330,260 Ratings

This video explains the concept of procurement and the procurement process in a simplified way. It covers topics such as what is procurement, the steps involved in the procurement process, the difference between direct, indirect and services procurement, and the meaning and types of procurement. It is a great resource for anyone looking to understand the basics of procurement and the procurement process. The video is narrated by Sukanta Mac, an industrial engineering expert, and is accompanied by a detailed pdf for further reading. Follow Sukanta Mac on Instagram and subscribe to his channel for more helpful videos.

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What is Procurement? Procurement Process

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Course Overview

❗The content presented here is sourced directly from Youtube platform. For comprehensive course details, including enrollment information, simply click on the 'Go to class' link on our website.

Updated in [July 21st, 2023]

This course provides an overview of the procurement process, including the identification of needs, sourcing, selection, negotiation, ordering, receiving, and payments. It also covers the differences between direct procurement, indirect procurement, and services procurement, as well as the meaning, definition, and types of procurement. Participants will gain an understanding of the importance of procurement in any business and the steps involved in the procurement process. The course includes a video lecture and a downloadable PDF for further reading.

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