Diploma in Purchasing and Supply Chain Management.
Course Overview
The Diploma in Procurement and Supply Chain Management offers students a deep understanding of the world of procurement, supply chain management, business to business marketing among others. This sector of business is a field that involves managing the practice of buying and selling goods. The importance of this sector is just beginning to become evident, as it is becoming prevalent and understood that the selling and buying practices of a corporation can detrimentally or positively affect is economic growth. It is important that companies continue to keep overhead costs down to promote profit; thus, leading to increased demand for professionals in this field.
A diploma in Purchasing and Supply Chain Management will allow students to garner an education that is focused on economic development and business management skills. To have within this field students will be trained in business development and strategies related to growth as well. Purchasing involves strategic decision making and problem solving skills. To develop this skillset, those studying purchasing will take classes regarding sociology and economy to help guide them through this factor.
Upon completion of the program, students will be able to:
Understand the fundamentals of purchasing and supply chain management.
Apply financial and cost accounting principles in procurement processes.
Develop effective negotiation strategies and techniques.
Manage inventory and stock control efficiently.
Navigate international purchasing and supply management practices.
Comprehend the legal aspects related to purchasing and supply.
- Introduction to Purchasing and Supply Chain Management
- Research Methods
- Financial and Cost Accounting
- Principles of Negotiations
- Supply Chain Management
- Stores Management and Stock Control
- Quantitative Methods
- International Purchasing and Supply Management
- Principles of Logistics Management
- Purchasing Strategies
- Purchasing and Supply Law
There are four assignments (continuous assessment tests), a research paper and one examination to be offered at the end of the course. Assignments account for 40%, research paper accounts for 30% while Examination accounts for 30% of the mark. Upon completion of the course, you shall be issued a Diploma Certificate and a course transcript.
Upon successful completion of the course, the participant will receive a Diploma Certificate of Merit and a transcript.
Duration: 6 Months
Fee: $700
