purchasing academy brochure

1Talk to a Course Specialist for free and save on average £507 and 9 months worth of time, call now on 0800 1422 522

Purchasing Academy

The Number 1 UK Institute for Supply Chain Qualifications

Purchasing

Purchasing

2 3Talk to a Course Specialist for free and save on average £507 and 9 months worth of time, call now on 0800 1422 522

The Purchasing Academy

The IoSCM purchasing academy is dedicated to helping those within the purchasing industry develop and grow their knowledge and expertise.

Offering Levels 2, 3, 5 and 6 purchasing qualifications means whether you are new to the industry, or are a senior manager, here at IoSCM we can still develop and teach you valuable topics which you can apply to your career/business.

Supplier Relationships

Choose Supplies and Suppliers for Businesses

Purchasing in Action

Purchasing Process

Marketing for Purchasers

Global Procurement in the Supply Chain

Companies we work with in this industry:

Tutors Experience

The IoSCM Purchasing Academy tutors have an extensive purchasing background, with first hand experience of working through every level of the purchasing industry.

Their knowledge and experience is valuable to you and can be accessed throughout your studies.

Over 20 years experience working within the Purchasing industry

Worked at every level: junior roles through to senior management roles

Supplied and worked for major multi-national companies

First hand experience

“I am studying IoSCM Purchasing and find it great that I can work exactly to my learning style.” - Caroline Smith, Junior Buyer

Level 6 Bachelor’s Degree

Level 5 Higher National Diploma

Level 3 AS and A Level

Level 2 GCSE A*- C

Welcome to the Purchasing Academy


Purchasing AcademyCourses

Level 2 Purchasing Co-ordinator

Procurement Clerk

Purchasing Assistant

Level 3

Level 5

Level 6

Buyer

Junior Purchasing Analyst

Assistant Buyer

Purchasing/Procurement Manager

Senior Buyer

Project Buyer - Indirects

Head of Commercial

Strategic Purchasing Manager

Operations Manager

Levels Job Titles

£19,783

£18,858

£15,417

£26,769

£23,000

£20,955

£41,223

£37,254

£24,000

£44,291

£41,223

£34,530

Average Salaries Business Improvements

• Record the percentage of deliveries from a specific supplier or vendor that arrive on time, in good order and in full.

• Procurement ROI compares the purchasing departments effectiveness by comparing the implementated cost savings to the operating budget.

• Invoice effiency ensure all orders and invoices match.• Implemented cost reduction savings measure negotiated savings that have actually

been realised.• Leads time for procurement is useful to determine the effiency of the purchasing

department.• Productivity in purchasing measures the number of purchase orders, their cost, issues

over a specific period of time.• Higher quantity of delivered items increases operational costs and might result in

unplanned inventory storage.• Lower quantity of delivered items might result in continuity interruptions.

Suggested units

*Please note more unit options are available

• In procurement it is not uncommon to have 80% of spend being direcwwted towards just 20% of suppliers.

• Managed vs. total spend compares the money spent on managed purchasing processes to the total amount spent by the company over a quarter.

• Customer satisfaction is measured by the procurement departments ability to satisfy its internal customer.

• Maverick spending are purchases made without the involvement of procurement, intends to be a fairly indirect spend.

Introduction to Purchasing


Choose Supplies and Suppliers for Businesses

Introduction to Business

Team Leader

Purchasing Process

Understanding the Purchasing Environment

Client and Supplier Relationships


Basic Finance Costing

Purchasing Management

Contracting in the Public Sector


The Machinery of Government and Procurement

Customer Service

International Trade Finance

International Trade Law

Inventory

Global Procurement in the Supply ChainChange Management

Leadership and Enterprise

Business ResearchCorporate Finance

Global Cultural Awareness

Global Business Environment

• The maximum inventory level is the maximum amount of inventory to be held in the organisation at any one time.

• Freight cost is calculated by dividing total loss and damage claims by total freight costs.


Level 2 - Purchasing

The IoSCM purchasing academy is dedicated to helping those within the purchasing industry develop and grow their knowledge and expertise. This level 2 qualification means whether you are new to the industry, or are at an operator level, here at IoSCM we can still develop and teach you valuable topics which you can apply to your career/business.

Elective units

Introduction to Purchasing

• Features of the procurement and purchasing function• Stages of the purchasing process• Concept of supply market information• Requirements and processes of monitoring supplier performance• The importance of a contract in purchasing relevant to own country

Optional units A

“The level 2 course has given me the chance to learn all the basics of purchasing to help me get into the industry.” - Sam Hedley, Junior Buyer

Optional units B

Introduction to Manufacturing Planning and Control

• The manufacturing process• The process of engaging external organisations to participate in the manufacturing process• The importance of production planning• Manufacturing improvement techniques

Introduction to Movement of Goods

• How characteristics of goods impact on their handling process• The concept of route planning and scheduling for the movement of goods• The characteristics of different modes of transportation• The role of collection, storage and distribution• The main regulatory and enforcement bodies for movement of goods in own country

Introduction to Warehousing and Inventory

• The purpose and characteristics of inventory• How goods are received in a warehouse• Key warehousing activities and the importance of Manual Handling Equipment• The health and safety arrangements in a warehouse environment

Introduction to International Trade and Freight

• Trade and freight• How to identify the goods to be traded• How to identify, select and recommend suitable modes of transporting goods• The legislation and regulations relavant to the transportation of goods• How to identify problems that can occur in international trade

Team Leader

• The roles and responsibilities of a team leader• Authority and accountability levels of a team leader• How a team leader builds a shared sense of purpose within a team• The importance of effective communication within a team

Introduction to Logistics

• The function of logistics• The logistics activities used by organisations• The effective contribution to a business in the logistics sector

Introduction to Supply Chain

• Characteristics and links within a Supply Chain• Roles of other organisations in the supply chain• The communication and information sources within a supply chain


• The function of supplier relationships• The role of supplier relationships• The policies and procedures that affect supplier relationships• How to monitor supplier relationships

Choose Supplies and Suppliers for Business

• How to prepare a schedule of the supplies needed for a business• How to purchase supplies for a business• How to set up stock control of a businesses supplies

Introduction to Business

• The purpose and functions of a range of business organisations• The importance of communication skills in a business environment• The scale and scope of quality management systems• Customer expectations and satisfaction• Utilise and manage resources safely• The importance of cost accounting in business

How to pass - For the Award complete 1 elective unit. - For the Certificate complete 1 elective and any 2 other units. - For the Diploma complete 1 elective unit and any other 3 units.



The IoSCM purchasing academy is dedicated to helping those within the purchasing industry develop and grow their knowledge and expertise. This level 3 qualification means whether you have previously studied a lower level qualification or have experience working as a team leader, here at IoSCM we can still develop and teach you valuable topics which you can apply to your career/business.

Elective units

Optional units A

Business

• A range of business structures and key business functions• The legislative issues impacting on organisations• Carry out and review health and safety risk assessments• Different types of business communication• The importance of business planning• The part human resource plays in a business• How marketing applies to business

“The tutors help every step of the way through the course, their knowledge is invaluable.” - Adam Davison, Buyer

Optional units B

Manufacturing and Production

• How manufacturing and production processes are organised• The techniques used to plan production• How a business monitors the quality and efficiency of activities in production• How technology developments and external factors impact on production• The appropriate product methods used by organisations

Purchasing Processes

• Put purchasing into context• How external factors impact the purchasing process• Operational requirements of the purchasing function• The purchasing cycle and how to source suppliers• Sources of law relating to the purchasing operation• The components of the purchasing cycle

Logistics

• The importance of logistics• How to identify the factors that influence logistics• The importance of appropriate requirements for the development, monitoring and control of logistics protocols

Freight

• The role of freight within the supply chain• How freight operation planning varies for different modes of transport• How freight operations are regulated• Freight performance control techniques

Transport Planning Operations

• The role transport plays• Transport policy in relation to current legislation provided within own country• The links between transport planning and external influences• How the needs and demand for movement of goods are measured

Ports and Shipping

• The importance of different types of ports• The role of shipping on an international scale• The main aspects of port development• The importance of port infrastructure and equipment requirements• Challenges of port operations

Warehousing Operations

• Principles and operations of warehouses• Identify the factors that affect the safe operations of a warehouse• Financial and logistics aspects concerned in warehousing• Produce a plan for the receipt and storage of goods• Required equipment for warehouse operations

Inventory Processes

• Inventory and the associated processes• Stock and the associated processes• The financial value of holding stock• Modern inventory systems and how they can improve the control of inventory • Techniques used to plan levels of stock

Supply Chain Operation

• The concept of a supply chain• The importance of supply chain management• Identify risks encountered within a supply chain• The concept of lean within a supply chain• The linkages within a supply chain

Business Improvement Techniques

• The need and application of business improvement within organisations• The need for training plans in order to identify workplace requirements for improvement• How to identify the resource requirements, timescales, roles and responsibilities and how to evaluate improvement activities• The importance of communicating business improvement plans to stakeholders

Purchasing Processes

• Put purchasing into context• How external factors impact the purchasing process• Operational requirements of the purchasing function• The purchasing cycle and how to source suppliers• Sources of law relating to the purchasing operation• The components of the purchasing cycle

Understanding the Purchasing Environment

• Therole of purchasing in the value chain• The links between purchasing and business strategy• Different purchasing contexts

Client and Supplier Relationships

• Internal and external relationships within an organisation• How purchasing contributes to effective supplier relationships• The purchasing and supply relationship


• The role of purchasing and procurement in an organisation• The stages of sourcing and procurement• Contracts and Service Level Agreements (SLA)

Basic Finance Costing

• The nature and role of costing systems within an organisation• Understand how to record and analyse cost information • Portion costs according to organisational requirements• The differences from budgets and being able to report on them• How to use information gathered from costing system to aid decision making



Elective Units


The IoSCM purchasing academy is dedicated to helping those within the purchasing industry develop and grow their knowledge and expertise. This level 5 qualification means whether you have previously studied a lower level qualification or have experience working as a senior manager, here at IoSCM we can still develop and teach you valuable topics which you can apply to your career/business.

Optional units A

Quality Management

• Evaluate the range of quality management systems appropriate for use in business

• Advantages of an organisation having a quality management system in place

• Tools and techniques to manage quality• Employ quality management tools and techniques to improve

organisational performance

“The support structure from employeed and students is exceptional. They are always willing to assist and resolve your queries in a timely manner.” - Ashleigh Johns, Procurement Officer

Optional units B

Production Management

• Components of production planning and evaluate its function within a supply chain

• Inter-relationships between production planning, sales planning and forecasting

• Terminology associated with master scheduling and basic scheduling concepts

• How manufacturing and control systems have developed historically• Variety of measures to improve production planning performance

Port and Shipping Management

• Importance of shipping and international trade• Business strategy in shipping contributes to growth• Port operations and effective container terminal management• Concept of agile ports and the key characteristic• Port development, the operating environment and evolution of a

port

Operation Management Processes

• The role of operations and operations management within business• The design of operations processes and design of products and services that organisation produce• Correlation between operations management and strategic

planning

Logistics

• Principles behind the logistic requirements of a supply chain• Schedule logistics operations to meet customers’ needs• Optimise the use of logistics operations• The range of transport modes and their usage within logistics

operations• The use of technology and the importance of quality within logistics operations

Transport Management

• Nature and purpose of transport planning• Historical developments and more recent trends effecting

transport planning• Principles of sustainability are applied to transport planning• Current trends and causes for transport demand• Issues with the movement of freight

Warehousing

• Need and role of developing an appropriate warehouse policy• Resource requirements of warehousing• Basic concept of inventory and the need to develop an inventory

strategy• Relevant legislation applicable to a warehouse• Importance of technology advancements in a warehouse • Financial systems within a warehouse

Inventory

• Purpose of inventory management• Principles of the traditional fixed period and fixed quantity models

of inventory control• Impact of inventory management on the supply chain• How modern inventory systems can improve the performance of

stock systems• Importance of inventory management to minimise the stock level

Supply Chain Management

• How a supply chain can gain competitive advantage from efficient management and control

• Impact of physical and information flows on the integration and harmonisation within a supply chain

• Why supply chains may not always function correctly• How supply chain planning is achieved from a strategic and

operational perspective• How modern technology has impacted the supply chain

Movement of Goods

• Principles and practices in relation to the movement of goods• How the characteristics of goods impact on their handling• Considerations that influence the flow of goods

Purchasing Management

• Key roles and focus of management within purchasing• Impact of legislation upon the purchasing function• Importance of building and sustaining collaborative working

relationships with suppliers• How effective negotiation skills contribute to successful

purchasing management

Contracting in the Public Sector

• Different types of contracts• Processes to monitor and evaluate the performance of

contractors


• Role of Marketing in an Organisation• Analysis of Marketing Information

The Machinery of Government and Procurement

• Drivers and decision makers of central and local government• Available measures for protecting against fraud• Financial accountability for procurement policy and practice

International Trade Law

• Principles of international trade law• Concepts associated with international trade law• Importance of international trade law within an organisational

context• Importance of monitoring international trade law within an

organisational context

International Trade Finance

• Principles of international trade finance• Concepts associated with international trade finance• Importance of international trade finance within an organisational

context• Importance of monitoring and controlling international trade

finance within an organisational context

Customer Service

• The importance of managing customer relationships• How to generate a customer focused culture and seamless

service• How to assess, monitor and improve levels of customer

satisfaction• The importance of managing customer complaints effectively



Global Procurement in the Supply Chain

• Set objectives and criteria for a procurement strategy to meet the requirements of the supply chain• How to evaluate the effectiveness of the procurement strategy• Select the most effective procurement methods and appropriate procedures for achieving results and measuring performance


The IoSCM purchasing academy is dedicated to helping those within the purchasing industry develop and grow their knowledge and expertise. This level 6 qualification means whether you have previously studied a lower level qualification or have experience working as a senior manager, here at IoSCM we can still develop and teach you valuable topics which you can apply to your career/business.

Elective units

Optional units A

“The learning hub platform is very useful and provides all you need to complete the course.” - Jacky Young, Purchasing Manager

Optional units B

Advanced Manufacturing Technologies

• Health and safety requirements in the manufacturing workplace• The function and purpose of existing Advanced Manufacturing Technology (AMT) installations• Benefits and drawbacks to building flexibility into the manufacturing process• The applications of special manufacturing processes Strategic Business Planning in Supply Chain Operations

• The principles and importance of strategic business planning in supply chain operations • The potential risks in relation to strategic business planning in supply chain operations• The needs of internal and external stakeholders when developing a strategic business plan in supply chain operations

Maritime Operations Management

• Maritime operations in a business context• The planning process for maritime operations• Maritime resource management• Understand maritime law

Strategic Management Principle

• The concept of strategic management• How to formulate organisational strategy• The strategic effects of an organisational plan• How to develop a strategy to communicate organisational plans

Quality Management

• The concept of quality management in an organisational context• The culture needed to embed quality management• The systems that support quality management

Global Cultural Awareness

• The concept of culture and factors that underline cultural differences• How cultural differences affect the management process• Frameworks that help identify important cultural differences Change Management

• The background to change management in organisations• Issues relating to change in organisations• Present a proposal for change in an organisation• How to manage the change process

Global Business Environment

• The concept of business in a global strategy• Strategic evaluation and selection• The barriers to internationalisation• Business theories related to managing international operations, strategy and risk analysis

Corporate Finance

• The role of the Corporate Finance Manager and its main links to business objectives including mergers and acquisitions• The main sources of debt and equity funding and the significance of financial gearing• How to evaluate investment decisions using a variety of appraisal techniques• Calculate the main methods for valuing company shares• Factors that determine a company’s dividend policy• The concept of, and know how to calculate, the cost of capital of a business• The different elements of treasury and working capital whilst being able to perform calculations from a given set of data to determine the effect on an element of, or on the entire working capital of, a business

Leadership and Enterprise

• The relationship between management and leadership• The features that underpin effective leadership• How to apply theories of management and leadership in organisational contexts• How to advise on the management and leadership skills required for selected roles in an organisation• The enterprise culture and the charateristics of different entrepreneurs Business Research

• Research philospohies and approaches relevant to business research• The planning and creation of project reports• How to conduct research for project reports


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