Operative Procurement Processes 3
In order to place a PO you need input from the tactical procurement role. But what kind of information do the operative buyer need? This course provide you with insights in the matter.
Understanding contract requirements
What key insights does an operative buyer require from a tactical buyer for effective performance? This is a pivotal question that underscores the interconnected roles in procurement.
Welcome to the third and final installment of our basic course series on operative procurement processes. This course zeroes in on the critical aspects of contract formulation that every operative buyer should know to set the stage for successful Purchase Order (PO) placement and effective supply chain management. It's an essential course for all buyers engaged in the process of contracting suppliers.
Course Highlights:
- Contract Essentials for Operative Buyers: Discover what operative buyers need to include in contracts with their chosen suppliers. These key elements ensure you have the necessary groundwork in place when you issue a Purchase Order.
- Understanding Purchase Orders: Delve into the specifics of a Purchase Order (PO), a vital, formally approved document sent by a buyer to a supplier. Learn the intricacies of how a PO functions as a crucial component in the procurement process.
This course is tailored to provide practical knowledge and tools for buyers at all levels involved in supplier contracting. By the end of this course, you will have a clear understanding of the critical contract requirements needed to facilitate efficient and effective procurement processes. Join us to complete your foundational journey in operative procurement.
Curriculum
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Learning Objectives
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Content of a PO
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Download Powerpoint slides presented in the course.
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General Terms and Conditions and Frame Purchase Agreement.
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The chapter discuss what need to be agreed with the supplier in order to make the most of a forecast and being able to place a PO.
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What shall be agreed with the supplier to assure flexibility in your supply chain.
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When discrepancies occur, how to we assure they are managed in an effective way and assure they do not happen again.
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About this course
- Free
- 13 lessons
- Basic level
- Operative buyer role
- Quizz and Certificate
Reviews
No Added value.
HADI ALREJAL
No added value during Operative Procurement Processes 2 & 3.
No added value during Operative Procurement Processes 2 & 3.
Read LessMeet the instructor.
Senior instructor. Fredrik Axelsson
Fredrik is an experienced procurement leader from Gothenburg with a Master’s in Economics and an Executive MBA. His career includes key roles at LM Ericsson, Solectron, Axelson Purchasing Resources, Saab, and Alstom/GE, giving him deep expertise across sourcing, procurement, and business development.
In 2017, he founded Sourcing Partner, a consultancy that converted into Learn How to Source. His background ranges from operative buying to sourcing director roles in both line organizations and complex projects, covering industries from manufacturing to banking.
Fredrik brings a track record of continuous learning and broad, hands-on experience—knowledge he now shares with the next generation of procurement professionals.
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General Terms and Conditions
Next recommended course is about Terms and Conditions
Both the tactical and the operative buyer need to understand, and preferable be able to write, your organizations General Terms and Conditions (GT&C) in order manage the commercial risk. Let us study some real examples.
About Learn How to Source
Learn How to Source is an online platform based in Sweden, offering a range of procurement courses accessible globally. It serves as a community where procurement experts share their knowledge through online courses, designed for various experience levels from introductory to expert. Courses are concise, about 30 minutes each, and cover different aspects of procurement, tailored for different buyer roles. The courses focus on practical knowledge, presented by seasoned professionals, and include quizzes and certificates. They can be accessed from any device, emphasizing microlearning for flexibility and efficiency.