Procurement management is responsible for managing all of the processes involved in procuring the products, materials, goods, and services required for effective and efficient business operations. In this course, we'll learn all the fundamental aspects of procurement management and the different steps involved in this process. We'll also see how procurement management software can easily handle all the significant functions of procurement management, such as purchase orders, vendor management, invoice approvals, contract management, etc.
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Topics Covered:
00:00:00 Introduction to the course
00:03.58 What is procurement management?
00:13:10 Procurement management process
00:18:57 Types of procurement
00:21:29 The importance of procurement management
00:25.02 Roles and responsibilities of a procurement manager
00:30.04 Project procurement management
00:35.04 Reasons to Digitize Procurement Management
00:38.20 Summary
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