Course Highlights
Procurement Management and Business Analysis are critical components of modern business operations in the UK. According to recent studies, the procurement sector in the UK is valued at over £200 billion, emphasising its role in shaping the economy. Businesses that efficiently manage their procurement processes report cost savings of up to 20%, highlighting the growing importance of effective procurement strategies. Similarly, the demand for business analysts has risen by 18% in the last five years, driven by the need for data-driven decision-making in an increasingly competitive market.
Effective Procurement Management and Business Analysis allow organisations to streamline operations, reduce costs, and improve supplier relationships. By integrating procurement management with business analysis, companies can optimise purchasing decisions based on data insights, ensuring that they not only meet their short-term needs but also align with long-term strategic goals. The synergy between these two disciplines has become vital in industries ranging from manufacturing to healthcare, where precise resource allocation and cost efficiency are paramount.
With the UK business environment constantly evolving, mastering Procurement Management and Business Analysis provides a competitive advantage. This course is designed to equip learners with the essential skills to navigate procurement challenges and harness the power of business analysis to make informed decisions. Graduates will be prepared to excel in a range of roles, contributing significantly to their organisations’ success.
Learning outcome
- - Develop a strong understanding of the core concepts in Procurement Management and Business Analysis.
- - Gain valuable learning experience with exercises.
- - Study Procurement Management and Business Analysis to gain an understanding of relevant job roles and associated duties.
- - Add useful abilities and expertise to your CV to strengthen it.
- - Gain proficiency in critical thinking and problem solving.
- - Achieve success in Procurement Management and Business Analysis by being ready.
- - Get steady financial success and career advancement.
Course media
Why should I take this course?
- - Take instruction in Procurement Management and Business Analysis from seasoned professionals with extensive industry experience.
- - Expand the content of your CV to stand out in the crowded employment market.
- - Develop a comprehensive understanding and solid foundation in Procurement Management and Business Analysis.
- - Equip yourself for a variety of professional roles in the field.
- - Achieve steady profits and significant career growth.
- - Upon completing this Procurement Management and Business Analysis, you'll receive a CPD QS Accredited certificate of completion (additional certificate fees apply).
Requirements
- - No prior experience in Procurement Management and Business Analysis is required.
- - Basic computer skills and internet access.
- - A willingness to learn and apply new concepts.
Course Curriculum
Course Curriculum
| Procurement Management and Business Analysis Saver Bundle | |||
| Business Analysis | |||
| Module 01: Introduction to Business Analysis | |||
| Introduction to Business Analysis | 00:15:00 | ||
| Module 02: Business Processes | |||
| Business Processes | 00:45:00 | ||
| Module 03: Business Analysis Planning and Monitoring | |||
| Business Analysis Planning and Monitoring | 00:28:00 | ||
| Module 04: Strategic Analysis and Product Scope | |||
| Strategic Analysis and Product Scope | 00:29:00 | ||
| Module 05: Solution Evaluation | |||
| Solution Evaluation | 00:25:00 | ||
| Module 06: Investigation Techniques | |||
| Investigation Techniques | 00:46:00 | ||
| Module 07: Ratio Analysis | |||
| Ratio Analysis | 00:27:00 | ||
| Module 08: Stakeholder Analysis and Management | |||
| Stakeholder Analysis and Management | 00:23:00 | ||
| Module 09: Process Improvement with Gap Analysis | |||
| Process Improvement with Gap Analysis | 00:28:00 | ||
| Module 10: Documenting and Managing Requirements | |||
| Documenting and Managing Requirements | 00:27:00 | ||
| Module 11: Career Prospect as a Business Analyst in the UK | |||
| Career Prospect as a Business Analyst in the UK | 00:14:00 | ||
| Certificate in Purchasing & Procurement | |||
| Module 01: Supply Chain Basics | |||
| Supply Chain Basics | 00:18:00 | ||
| Module 02: Role of Procurement in an Organisation | |||
| Role of Procurement in an Organisation | 00:24:00 | ||
| Module 03: The Purchasing Cycle | |||
| The Purchasing Cycle | 00:15:00 | ||
| Module 04: Purchasing Toolkits | |||
| Purchasing Toolkits | 00:33:00 | ||
| Module 05: Managing Competitive Bids | |||
| Managing Competitive Bids | 00:23:00 | ||
| Module 06: Quality Management | |||
| Quality Management | 00:41:00 | ||
| Module 07: Supplier Relationship Management | |||
| Supplier Relationship Management | 00:23:00 | ||
| Module 08: Analysing and Reducing Risk in the Supply Chain | |||
| Analysing and Reducing Risk in the Supply Chain | 00:16:00 | ||
| Module 09: Improving Efficiency and Accuracy | |||
| Improving Efficiency and Accuracy | 00:11:00 | ||
| Module 10: Category Management | |||
| Category Management | 00:32:00 | ||
| Module 11: Inventory Management | |||
| Inventory Management | 00:25:00 | ||
| Module 12: E-Procurement | |||
| E-Procurement | 00:24:00 | ||
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1 Year Access 
1119 Students -
Self-paced Learning