BSB40120 – Certificate IV in Business (Procurement)

Demand for skilled and experience procurement officers and contract managers is growing.

This program is especially designed for those new to business or with an interest in
working in procurement, in particular:

• Project officers
• Procurement/purchasing officers
• Contract administrators

Build a solid understanding of procurement principles, a cutting edge contracting skillset, and real-world knowledge of procurement processes to impress potential employers.

This entry level certificate in procurement provides the ideal start point. It is what
employers expect you to hold as a minimum qualification.

You’ll graduate with the knowledge and skills need to work in procurement and contract management in business, commercial organisations and not-for-profits.

After completing this BSB40120 Certificate IV in Business (Procurement), students will be able to:

• Apply critical thinking to work practices
• Use digital technologies to collaborate in a work environment
• Develop personal work priorities
• Develop and use emotional intelligence
• Apply communication strategies in the workplace
• Build and maintain business relationships
• Implement and monitor WHS policies and procedures
• Establish procurement needs and plan for procurement
• Procure goods and services through developing requests, receiving and selecting offers
• Prepare contracts
• Manage and administer contracts, including variations, acceptance and deal with any issues that crop up.

Course Price: $3,950.00 online
Fees are GST exempt.

Successful completion of the qualification within the course duration period, a completion rebate of $250 will be paid.

Take advantage of our flexible training and assessment options, designed for busy people. Transformed offers two flexible learning pathways:

1. Online Learning – The learning environment provides access to study guides, assessment materials & submission links and online support from your assessor 
2. Recognition of Prior Learning (RPL)

The Transformed team will support you every step of the way through training literature and assessor contact.

Talk to our team about the right course delivery for you

Are you looking to upskill your employees?

Talk to us about face-to-face delivery available within organisations for groups of 8 or more.

The completion timeframe for this qualification is 18 months.

5-8 hours per week

The Certificate IV in Business (Procurement) consists of twelve units of competency, consisting of:

• six core units plus
• six elective units

Core Units

Elective Units

The following 6 elective units are preselected – no additional choices are offered and all units must be completed

GROUP A

GROUP J 

Procurement, or purchasing is the process of seeking quotes and engaging suppliers to provide goods and services for an organisation.

This involves:

• liaising with people across the organisation
• developing a statement of work or requirements
•  understanding the market preparing requests for quotes and tenders
• evaluating supplier responses
• negotiating contracts

Once the deal is done, that’s when the contract administration management work kicks in. This involves:

• managing supplier performance and delivery
• administering contract variations
• making payments

Roles exist in many industries and also in federal, state and local government Possible job titles relevant to this qualification include

• Procurement Specialist
• Contract Administrator
• Procurement Manager
• Purchasing Clerk
• Buyer
• Category Manager
• Contract Manager
• Contract Specialist

The pay in Procurement and Contract Management roles really depends on the job you have.
Job search site, Indeed, publish career information on their website in June 2022.

Source: https://au.indeed.com/career/salaries/procurement?from=whatwhere

• There are no entry requirements for this qualification.
• Must have access to a computer and the internet or an internet enabled device
• Procurement work experience is desirable but not essential

Expected level of student skills: It is expected students have a level of digital literacy to access information, communicate and complete training and assessment activities using a computer/tablet and our online learning platform. Students will be required to complete a number of tasks independently, and to have the skills to manage their own time and study. Students are expected to be able to research and analyse information, and to apply knowledge to real world situations.

Students will be required to independently read and understand a range of different documents including organisation policies, plans, guidelines & procedures, external documentation (may include codes, policies and articles), handbooks, instruction guides (and where applicable drawing and plans). Students are also required to develop written documentation, including risk assessments, action plans, logs, reports.

A key skill for this program is the ability to effectively communicate with others in English.

Technology requirements: Students should be able to access and use computer/tablet device with word processing software, internet browser, email account and webcam/microphone and speakers (or headset). An internet connection is also required.

Students are required to undertake a number of assessment activities, including:

• Knowledge questions
• Practical Assessment tasks

Assessment for the Certificate IV in Business (Procurement) is against the competency standards within the Business Training Package.

RPL assessment is available