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Wednesday, May 02, 2012
Purchasing Managers Need To Keep Current With The Arrival Of Ecommerce
With globalised markets and the exponential growth of e-commerce, the role of purchasing manager is changing rapidly. Procurement and supply-chain concerns are a critical component in devising business strategy.
A purchasing manager in the modern business environment needs to understand procurement from the organizational perspective, how delivering business objectives requires different thinking and different systems. In addition to evaluating suppliers, developing efficient supply chains, update inventory and understand the role of national and transnational agencies on the purchasing process, they must be able to identify opportunities for improving existing procurement systems.
As business strategy grows both more complex and more integrated it is crucial that the purchasing manager knows about other management functions within the organisation, about strategic planning in general and about how financial cost data is collected and put to use in this planning. Equally fundamental is possessing a working understanding of contract law and how this shapes the role.
Perhaps most importantly, the purchasing manager needs to be up-to-speed with the demands imposed by the revolution in e-commerce. He must be able to evaluate the effectiveness of different web-based applications and how these are allowing the full integration of supply systems and processes.
Both new and experienced purchasing managers can now receive a thorough practical and theoretical grounding in all the aforementioned areas by enrolling onto a dedicated supply management course delivered by Edexcel, a global leader in business management education The Edexcel BTEC Level 5 Diploma in Supply Chain Management is aimed existing purchasing managers, owner-managers or consultants who want a chance to truly understand procurement systems and analyse industry best practice. Those just entering the profession can elect to start with the shorter Certificate, which is basically three of the six Diploma units and can be topped-up to the higher qualification at a later date.
Completion of the Diploma also delivers exemptions from other related or higher-level business management courses such as the HND in Business and Management, the Diploma in Marketing Management or the Level 7 Diploma in Strategic Management and Leadership
Nowadays, growing numbers are attracted by the flexibility offered by online study, which allows students to complete the course when where and at the pace they wish. Virtual learning environments such as Moodle course materials are instantly available and tutors are in constant contact to give help and guidance.
Purchasing and procurement is moving with the times. Purchasing managers must not risk being left behind. These days the Internet means that there are a number of properly accredited purchasing management courses available you can keep up with developments in the industry.
A purchasing manager in the modern business environment needs to understand procurement from the organizational perspective, how delivering business objectives requires different thinking and different systems. In addition to evaluating suppliers, developing efficient supply chains, update inventory and understand the role of national and transnational agencies on the purchasing process, they must be able to identify opportunities for improving existing procurement systems.
As business strategy grows both more complex and more integrated it is crucial that the purchasing manager knows about other management functions within the organisation, about strategic planning in general and about how financial cost data is collected and put to use in this planning. Equally fundamental is possessing a working understanding of contract law and how this shapes the role.
Perhaps most importantly, the purchasing manager needs to be up-to-speed with the demands imposed by the revolution in e-commerce. He must be able to evaluate the effectiveness of different web-based applications and how these are allowing the full integration of supply systems and processes.
Both new and experienced purchasing managers can now receive a thorough practical and theoretical grounding in all the aforementioned areas by enrolling onto a dedicated supply management course delivered by Edexcel, a global leader in business management education The Edexcel BTEC Level 5 Diploma in Supply Chain Management is aimed existing purchasing managers, owner-managers or consultants who want a chance to truly understand procurement systems and analyse industry best practice. Those just entering the profession can elect to start with the shorter Certificate, which is basically three of the six Diploma units and can be topped-up to the higher qualification at a later date.
Completion of the Diploma also delivers exemptions from other related or higher-level business management courses such as the HND in Business and Management, the Diploma in Marketing Management or the Level 7 Diploma in Strategic Management and Leadership
Nowadays, growing numbers are attracted by the flexibility offered by online study, which allows students to complete the course when where and at the pace they wish. Virtual learning environments such as Moodle course materials are instantly available and tutors are in constant contact to give help and guidance.
Purchasing and procurement is moving with the times. Purchasing managers must not risk being left behind. These days the Internet means that there are a number of properly accredited purchasing management courses available you can keep up with developments in the industry.
