PROCUREMENT MASTERCLASS: A COMPLETE GUIDE TO PURCHASE TO PAY

About Course

This 8-hour online course offers a comprehensive guide to mastering the procurement process from purchase to payment (P2P) within the Philippine context. Participants will gain in-depth knowledge of procurement regulations, best practices, and strategies while developing critical skills to manage vendor relationships, negotiate contracts, and optimize procurement workflows. The course incorporates local laws and practices such as the Government Procurement Reform Act (RA 9184) and industry-specific guidelines, ensuring relevance and applicability.

Understand the procurement lifecycle and its significance in organizational success.
Apply procurement laws, including RA 9184, in compliance with Philippine regulations.
Develop effective procurement plans aligned with organizational goals.
Manage vendor selection, evaluation, and negotiation processes effectively.
Streamline procurement workflows using digital tools and technologies.
Evaluate and process payment requests accurately and efficiently.
Implement strategies to optimize cost, quality, and timeliness in procurement activities.

Course Content

MODULE 1: INTRODUCTION TO PROCUREMENT AND PURCHASE-TO-PAY (P2P)

Introduction

00:00
Overview of the Procurement Lifecycle

00:00
Importance of Procurement in Business and Public Sectors

00:00
Key Concepts in the Purchase-to-Pay Process

00:00
Understanding Philippine Procurement Landscape

00:00

MODULE 2: PROCUREMENT PLANNING AND SOURCING STRATEGIES

MODULE 3: VENDOR MANAGEMENT AND CONTRACT NEGOTIATION

MODULE 4: PURCHASE ORDER MANAGEMENT AND COMPLIANCE

MODULE 5: PAYMENT PROCESSING AND OPTIMIZATION

MODULE 6: FINAL PROJECT AND ASSESSMENT

HOW TO GET YOUR CERTIFICATE

Student Ratings & Reviews

5.0

Total 2 Ratings

2 Ratings

0 Rating

Mylyn Romanban

3 days ago

Thank you primaexcellence for having this kind of online course. This online course is very informative and the discussions are easy to understand. Until the next topic.

Jessica Dimaano

1 month ago

This course is so informative. I've learned a lot with every lessons.

About Course

What Will You Learn?

Course Content

MODULE 1: INTRODUCTION TO PROCUREMENT AND PURCHASE-TO-PAY (P2P)

Introduction

Overview of the Procurement Lifecycle

Importance of Procurement in Business and Public Sectors

Key Concepts in the Purchase-to-Pay Process

Understanding Philippine Procurement Landscape

MODULE 2: PROCUREMENT PLANNING AND SOURCING STRATEGIES

Introduction

Developing a Comprehensive Procurement Plan

Identifying and Evaluating Vendor Sources

Strategies for Effective Sourcing and Supplier Relationships

Case Studies: Successful Procurement Planning

MODULE 3: VENDOR MANAGEMENT AND CONTRACT NEGOTIATION

Introduction

Vendor Selection: Criteria and Processes

Negotiation Techniques for Optimal Outcomes

Crafting and Managing Contracts: Key Clauses and Legal Considerations

Vendor Performance Monitoring and Feedback

MODULE 4: PURCHASE ORDER MANAGEMENT AND COMPLIANCE

Introduction

Preparing and Managing Purchase Orders

Ensuring Compliance with RA 9184 and Other Laws

Addressing Ethical Concerns in Procurement

Handling Disputes and Conflicts with Vendors

MODULE 5: PAYMENT PROCESSING AND OPTIMIZATION

Introduction

Fundamentals of Payment Requests and Approvals

Avoiding Payment Delays: Common Issues and Solutions

Leveraging Technology in Payment Processing

Optimizing P2P Processes for Efficiency

MODULE 6: FINAL PROJECT AND ASSESSMENT

Introduction

Real-World Procurement Challenges and Solutions

Group Project – Creating a P2P Process Plan

Final Assessment: Simulation and Presentation

Feedback and Continuous Improvement Strategies

HOW TO GET YOUR CERTIFICATE

Instructions

Student Ratings & Reviews

Terms