Procurement Planning
MOT
Program Description
The "Procurement Planning" program provides a structured, end-to-end foundation in the purchasing lifecycle—starting from initial needs identification and scheduling to post-award supplier performance evaluation. The curriculum guides learners through essential strategic sourcing concepts, requirements definition, market analysis, procurement method selection, and contract monitoring techniques to ensure value for money and supply chain efficiency.
Program Objectives
- Identify operational needs and establish realistic procurement timelines and budgets.
- Develop comprehensive procurement plans, market research strategies, and supplier evaluation criteria.
- Select appropriate sourcing methods and contracting structures tailored to organizational requirements.
- Measure supplier performance post-award using structured key performance indicators (KPIs) and monitoring frameworks.
Targeted Skills
Sourcing strategy and procurement planning Requirements definition and market analysis Supplier evaluation and selection Contract monitoring and performance measurement Sourcing lifecycle management
Program Details
Level: Intermediate