If you know anything about contracts you would know that they are legally binding documents that act as agreements between two or more parties. Contracts play a very important role in the procurement process as they state the transaction between buyers and sellers. If you are interested in this career path then you must start looking for procurement and contract management courses.
What Is The Difference Between Procurement And Contract Management?
If you plan on getting a Diploma in procurement and contract management you must first understand the difference between the two terms and how they relate to each other.
Procurement is the process of making contact with suppliers and vendors and then maintaining a relationship with them. Activities such as contract management, supplier management, placing orders, tracking vendor performance, and more are part of the procurement process.
While contract management is only a small part of the entire procurement process it is still an essential one. From negotiating the terms to creating the contract the entire process has plenty of steps that need to be carefully considered. This is where online short courses help you understand the process better.
Careers After Diploma In Procurement And Contract Management
After you have finished your diploma or free short course you will be qualified for entry-level roles in the procurement industry. You can work in purchasing or get a job as a contract associate to get started.
But once you have gained experience and a few certifications to go along with it, you can land one of these roles with your diploma in procurement and contract management:
Purchasing Manager
As a purchasing manager, you will be responsible for monitoring the purchasing process of goods and services for your organization. You will require good communication skills as well as negotiation skills to get the best deal.
Your knowledge of contract management will be useful to you in this role as you might need to create contracts for purchasing transactions with the vendors.
Lawyer
Law is another career path that you can choose after finishing your procurement diploma. You will be responsible for ensuring the contracts being created by the companies are fair to both parties.
As a procurement lawyer, you might even be responsible for creating contracts yourself in collaboration with the procurement manager. Either way, procurement and contract management courses will help you pave the way for your law career in the procurement field.
Cost Estimator
If you want the flexibility to work within multiple industries this could be a great opportunity for you. A cost estimator as the name suggests estimates the costs of projects for an organization. While they can find opportunities in various fields like manufacturing and engineering, these professionals still need to have knowledge about procurement.
They work alongside procurement managers or purchasing professionals to ensure that they are getting the best deal from vendors. A diploma in procurement and logistics management might be useful for anyone trying out for this career path.
Procurement And Contract Management Course With UniAthena
The great thing about studying with UniAthena is that you can choose from plenty of free short courses and get your certificate within weeks. The Diploma in Procurement and Contract Management for example is a self-paced course like many of the other free short courses and it can be finished within 3 weeks.
Explore the course and understand the fundamentals of the procurement process and its ties with the supply chain and logistics field. Understand the importance of contracts and familiarize yourself with the legal requirements of creating contracts for procurement. Kickstart your career in procurement and contract management with UniAthena.
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