The Purchasing in your business credential covers the skills and knowledge required when learning the foundation skills and in making informative decisions in relation to business purchases.

Purchase goods comprises of 1 micro-credential stacked course of learning, followed by a completion of assessment tasks at the end of each skill level, to test the learner’s knowledge and understanding.

Course Series: 1 of 1

Course Award: Micro-Credential 

Course Duration: 3 Hours Course 

Complexity: Intermediate

It comprises 5 lessons of learning, followed by a completion quiz to test your knowledge and understanding.  By the end of this course, you will demonstrate understanding in:

  • How to access and understand information relating to business purchases.
  • Steps to take in ensuring quality and cost of stock purchased.
  • Importance of sourcing, reviewing, and negotiating with potential suppliers in the interest if the business.
  • Maintaining purchase records and undertaking stock control in managing business goods.



Course curriculum

  • 1

    Introduction

    • Purchasing in your business

  • 2

    Lesson 1

    • Access and interpret information

  • 3

    Lesson 2

    • Maintain quality and cost of stock
  • 4

    Lesson 3

    • Source, review and negotiate with suppliers
  • 5

    Lesson 4

    • Approved suppliers and purchasing

  • 6

    Lesson 5

    • Purchase records and stock control
  • 7

    Test your knowledge

    • Instructions before taking the test

    • Test your knowledge

    • Next steps
  • 8

    The boring stuff

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