What is Procurement? Procurement Process

Learners: 330,260

Instructor: Educationleaves

Duration:

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. ▼▲

Course Feature Course Overview Course Provider Discussion and Reviews

Go to class

Course Feature

Cost:

Free

Provider:

Youtube

Certificate:

No Information

Language:

English

Start Date:

2021-05-12 00:00:00

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.