Workplace · Procurement & Stores Business & MarketingBeginner

Procurement & Inventory Management

Buy right, document every step, and keep stores accurate and auditable.

Taught by My Skill Lab Workplace Faculty · HR, Finance & Operations Practitioners

What you'll learn

  • Run a requisition-to-payment cycle with the right approvals and documents.
  • Compare quotations fairly using a comparative statement and value-for-money criteria.
  • Explain when the Public Procurement Act 2063 or donor procurement rules apply and their core principles.
  • Receive, store and issue goods with accurate stock records and regular physical counts.
  • Recognise conflicts of interest and red flags for procurement fraud.

About this course

For purchase officers, storekeepers and department heads who raise requisitions in Nepali companies, NGOs, hospitals and schools. You will learn a transparent purchase cycle, how to compare quotations and manage vendors, how the Public Procurement Act 2063 and donor rules shape buying in public-facing and donor-funded organisations, and how to run stores that reconcile.

Course content

5 lessons
  1. 1The Purchase CycleFrom requisition to payment: who does what, and which documents prove it.Preview
  2. 2Quotations, Comparison and Vendor ManagementGetting fair competition and choosing on value, not just price.
  3. 3Public Procurement and Donor RulesWhen the Public Procurement Act 2063 or donor rules apply, and the principles behind them.
  4. 4Stores and Inventory ControlReceiving, storing, issuing and counting stock so the books and shelves agree.
  5. 5Integrity in ProcurementConflicts of interest, kickbacks and red flags, and how to respond.