TAP> Stock Procurement in the Retail Industry

Course Purpose

The qualifying learner is capable of:

Sourcing suppliers of stock.
Negotiate acceptable and profitable purchasing conditions.
Develop relationships that will ensure an effective supply of stock to the business.

On achievement of this unit standard, the learner will be able to establish sources of stock supply, issue an order for stock replenishment, negotiate conditions for the procurement of stock, and evaluate current suppliers against negotiated standards for an online course.

What you’ll learn

The qualifying learner is capable of sourcing suppliers of stock, negotiate acceptable and profitable purchasing conditions, and develop relationships that will ensure effective supply of stock to the business. On achievement of this unit standard, the learner will be able to establish sources of stock supply, issue an order for stock replenishment, negotiate conditions for the procurement of stock and evaluate current suppliers against negotiated standards.