The course covers the following areas:
- Organisational structures and market types
- Political, economic and social factors
- Financial analysis (P&L, profit ratios)
- Operational objectives (5 rights)
- Developing specifications
- Sourcing suppliers
- Purchasing contracts and T&C's
- Purchasing role and relationships
- Stock control (ABC, kanban, VMI, EOQ, JIT)
- Stock handling (EPOS, RFID, EFTPS)
- The Purchasing Cycle
- Securing supply










