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Principles of Procurement and Supply

Principles of Procurement and Supply


The Principles of Procurement and Supply course at CTS College delves into the critical role that procurement and supply play in influencing an organization's profitability, constituting a substantial 70% of its overall success. Acknowledging the profound impact that even minor cost savings can have on strategic operations, this introductory course serves as a comprehensive exploration of procurement and supply principles. It equips students with a thorough understanding, empowering them to engage in efficient and effective procurement practices, whether for their employer or for their own entrepreneurial ventures.

The course serves as a foundational step for individuals aspiring to navigate the intricate landscape of procurement, emphasizing strategic decision-making and operational efficiency. By the end of this course, participants will not only grasp the theoretical underpinnings of procurement and supply but will also possess practical insights to initiate and manage procurement processes adeptly.


Upon completion of this programme, students would:

  • Have a good understanding of Procurement and Supply
  • Become employable in the field of Procurement and Supply


Below are some of the main features of this course:

  • Short duration - can be completed in only 5 weeks with 1 class per week
  • Competitive rates with flexible payment plans
  • Experienced lecturer with excellent student support
  • Online classes which are also recorded for further review
  • Support group via WhatsApp with the lecturer, programme manager and students

This course utilises the following teaching methods:

  • Lectures
  • Class discussions
  • Role playing

Target Audience

This course is perfect for:

  • Persons responsible for the procurement and supply function in their organisation
  • Persons interested in knowing about procurement and supply and the logistics involved
  • Small business owners
  • Persons wishing to start their own company

Entry Requirements

No prior experience or qualifications are required for enrolment in this course – all are welcome to join and learn.

Course Content

The following would be covered in this course:

1. Introduction into Procurement and Supply Chain Management

  • What is a supply chain?
  • Logistics
  • Reverse logistics
  • What is supply chain management?
  • What is procurement?
  • The procurement cycle

2. Ethics in Procurement and Supply

  • Defining ethics and ethical behavior
  • Ethical sourcing
  • Chartered Institute of Procurement and Supply (CIPS) procurement code of ethics

3. Sustainability in Procurement and Supply

  • What is sustainability?
  • The triple bottom line and three pillars of sustainability
  • Corporate social responsibility
  • Green application
  • Leaders in sustainability

4. The Five Rights of Procurement and Supply

  • The right quality
  • The right quantity
  • The right place
  • The right time
  • The right price

5. Adding Value through Procurement and Supply

  • Defining value for money
  • The three E’s
  • Value engineering / value analysis

6. The Sixth Right of Procurement and Supply

  • The sixth right
  • Supplier selection and appraisal
  • Understanding negotiation

7. Introduction to Risk Management for Procurement Professionals

  • Understanding risk
  • The risk cycle
  • Risk identification and analysis tools
  • Risk management responses: the four T's

8. Introduction to Contracts for Procurement Professionals

  • What is a contract?
  • What constitutes a contract?
  • Representations, terms & clauses
  • Standard forms of contracts
  • Defining contract types
  • Documentation in contracts
  • The contract register
  • Understanding dispute resolution techniques

9. Introduction to Tenders for Procurement Professionals

  • Understanding tenders
  • Tender methodologies
  • The tender cycle

10. Measuring Performance in Procurement and Supply

  • Importance of data management
  • SMART, KPIs, and targets
  • Supplier evaluation and scorecards
  • Managing supplier underperformance


Course Offering

Day Time Duration Contact Hours Cost Lecturer
Tuesday 06:00 pm to 09:00 pm 5 weeks 15 hours $800.00 Mr. Wesley Superville

Session - Tuesday (06:00 pm to 09:00 pm)

Session Start Date End Date
2024 - Cycle 1 - Online Classes Tuesday, February 27, 2024 Tuesday, March 26, 2024
2024 - Cycle 2- Online Classes Tuesday, April 16, 2024 Tuesday, May 14, 2024
2024 - Cycle 3 - Online Classes Tuesday, June 11, 2024 Tuesday, July 9, 2024
2024 - Cycle 4 - Online Classes Tuesday, August 20, 2024 Tuesday, September 17, 2024
2024 - Cycle 5 - Online Classes Tuesday, October 15, 2024 Tuesday, November 12, 2024

Delivery Mode

Online Classes

This course will be delivered via live online classes. Students will be provided with a link to join the class as well as other relevant instructions at least one day before the start of each class. These classes are also recorded - therefore students have the option to review the course content as often as they like.

Additional Info


Students would be required to complete the following assessment(s) for this course:

  • Class discussions
  • Role playing activities


In order to receive the CTS College certificate of completion or participation for this course, students must attend a minimum of 75% of classes and pay any outstanding fees. Where applicable, students who do not meet the necessary assessment requirements, but attended the required amount of classes would receive a CTS College certificate of participation.

Certificates would be provided in digital format which would allow students to access, print and share their certificates 24/7 on demand. For more information on our digital certificates please click here.


A digital workbook will be provided for this course along with a bibliography for research and further reading.

Interactive Course Calendar

Explore our comprehensive Interactive Course Calendar, with a list of all our courses and their costs and delivery modes offered throughout the year.

View Calendar »

Fees & Payment


This course is offered at the affordable price of $800. In order to start the course, students must pay a minimum of 50% before the first class.

Payment Plans

Students can be given a payment plan where the initial downpayment is made, with an arrangement for the remaining balance to be paid over the duration of the course. Please feel free to contact us to discuss a payment plan customised for you.

Payment Methods

The following table shows the details for the 4 convenient ways to pay the CTS College fees for this programme:

Payment Method Details
Linx Paid at the Administration Office
Credit Card Paid at the Administration Office

Paid at the Administration Office

Made Payable to CTS College

Online Bank Transfer

Paid via Online Banking

Click to view full instructions »

Student Support


At CTS College, we believe in crafting an extraordinary student experience. This is why we have selected Mr. Wesley Superville to facilitate the Principles of Procurement and Supply course. Mr. Superville not only imparts knowledge, but creates a learning experience where students feel valued and appreciated. He is also committed to shaping a transformative learning journey and creating an educational adventure that goes beyond the ordinary.

Mr. Wesley Superville’s passion for Supply Chain Management heralds from 20 years of combined experience in various supply chain functions including Warehouse Specialist, Inventory Controller, Purchasing Officer and Materials and Logistics Supervisor. He has worked in the Oil and Gas, Telecommunications and FMCG industries in Trinidad and Tobago and is the holder of the MCIPS qualification and Master of Business Administration in Logistics and Supply Chain Management.

Wesley is passionate about educating persons about the importance of Procurement and Supply and the critical roles that Warehousing and Inventory Management play throughout the supply chain. He continuously advances his education and lets his work performance and student feedback do the talking.

Programme Management

The programme management team is responsible for the management of this course. If you would like further information or clarification on this programme please contact:

Ms. Reena Seepersadsingh
Programme Manager
Phone: (868) 376-7721 / (868) 740-9095

E-mail: Certifications@CTSCollege.com

We are an ACTT recognised institution and partner with international awarding bodies