Procurement Management | Types of procurement | Great Learning

Procurement management is responsible for managing all of the processes involved in procuring the products, materials, goods, and services required for effective and efficient business operations. In this course, we'll learn all the fundamental aspects of procurement management and the different steps involved in this process. We'll also see how procurement management software can easily handle all the significant functions of procurement management, such as purchase orders, vendor management, invoice approvals, contract management, etc.

00:00 Introduction to the course
03.58 What is procurement management?
13:10 Procurement management process
18:57 Types of procurement
21:29 The importance of procurement management
25.02 Roles and responsibilities of a procurement manager
30.04 Project procurement management
35.04 Reasons to digitize procurement management
38.20 Summary

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