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PSM 121 Principles of Procurement II

HND1 levelManagement & Administration22 topics

PSM 121 covers 22 topics. StudyPath paces them into daily study sessions that finish before your exam date, with practice questions and worked answers for each one.

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Course outline

The topics this course covers, in teaching order.

  1. Organisation of procurement specialist functions
  2. Procurement department structuring
  3. Pricing section organisation
  4. Requisitioning and ordering procedures
  5. Order progressing
  6. Inspection and receiving of orders
  7. Procurement research and advantages
  8. Procurement control documents
  9. Procurement manuals and classification
  10. Contents and uses of procurement manuals
  11. Import and export procedures
  12. Import duties and tariffs
  13. Export requirements and documentation
  14. Packaging and protection requirements
  15. Import and export agencies
  16. Grouping of procurement department
  17. Procurement functional sections
  18. Purchase requisition forms
  19. Purchase order forms
  20. Consignment notes
  21. Procurement manuals
  22. Trade fairs and foreign manufacturer interaction

A sample from this course

One topic, as StudyPath teaches it.

Organisation of procurement specialist functions

The Organisation of Procurement Specialist Functions focuses on how procurement activities are structured within an organisation, the roles and responsibilities of procurement specialists, and the coordination mechanisms that ensure efficient sourcing, contracting, and supplier management.

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