10 Unit Credit Values

• The Role of Purchasing and Procurement: what is purchasing; what is procurement; what is a supply chain; the roles of purchasing and procurement in a supply chain; private sector purchasing and procurement; public sector purchasing and procurement
• The Sourcing and Procurement Cycle: sourcing process; specification development; market assessment; negotiations; contract discussions; sourcing plan; market competitiveness
• Contracts and Service Level Agreements (SLA): types of contracts; definitions and terms of contracts; terms of conditions; development of contracts; Service Level Agreements (SLAs)

The above is the unit content for the Purchasing in Action unit found in the Level 3 qualification. To view more units, click here and select the “Units” tab.