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Procurement, Purchasing and Sourcing

219 resources created by 155 users

This Procurement, Purchasing and Sourcing page on GoConqr gathers community-made quizzes, mind maps, flashcards, flowcharts and notes, from the 5 rights of purchasing and e-procurement to supplier selection and contractual risk. It's built for university students and professional candidates practising purchasing concepts, plus teachers after ready-made material. There are over 200 resources here, including more than 100 mind maps, over 40 flashcard decks and more than 15 quizzes, with CIPS mentioned among them. Start with a quiz to find your gaps, then explore the maps.

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About Procurement, Purchasing and Sourcing

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What this unit covers

The page follows the purchasing cycle from first principles to supplier management. The Introduction to purchasing Quiz opens with the 5 rights of purchasing, using the CIPS version. The mind map Sourcing Decisions explains sourcing as the set of business processes needed to buy goods and services, and why effective sourcing can bring better economies of scale.

Where to start

Begin with the Introduction to purchasing Quiz to see what you already know. Then open Supply Management Pt.1, which asks why supply management matters and why companies that compete globally should source globally. If you prefer definitions, Procurement and Sales describes procurement as managing a company's external resources.

Going deeper

  1. Read E-procurement for online catalogues, real-time inventory tracking and RFQ.
  2. Move to Chapter 8 Assessing Contractual Risk for relationship risks, internal and external risks, supply market risks and financial risks.
  3. Use the Supplier Selection flashcards to test the three supply options, information sources and the difference between sole and single sourcing.
  4. Try 1.1 Flash Cards for RFQs, the three types of tendering and specifications.

Many topics appear in several versions, such as supply strategy, supply organisation and make or buy, insourcing and outsourcing. Compare them and keep the one that explains it best for you.

Using quizzes and maps together

Read a mind map first to see how the ideas connect. Then take a quiz on the same topic, such as the Procure to pay basics quiz, and note what you missed. Return to the map for those branches, and use flashcards for quick recall. The flowcharts, including Purchasing Activities Flow and Purchasing Cycle, help you picture the process step by step.

Where it sits

This unit belongs to the Procurement and Supplier Management strand of Logistics and supply chain. Pick one resource today and see where it leads you.

Frequently asked questions

Which resource should I start with?

Start with the Introduction to purchasing Quiz. It begins with the 5 rights of purchasing, using the CIPS version, so it shows you quickly what you already know. After that, open the Sourcing Decisions mind map to see how sourcing and purchasing link together.

What do the mind maps cover?

They cover supply strategy, supply organisation, supply processes and technology, make or buy, quantity and inventory, delivery, price and supplier selection. There are also maps on e-procurement, procurement and sales, and assessing contractual risk. Several topics have more than one version, written by different users.

Are the resources free to use?

Yes. Every resource listed here is free to open, study and take, with no account needed. They were made by GoConqr users, not by GoConqr itself, so styles and depth vary. A free account also saves your quiz scores and lets you make your own materials.

Who are these resources for?

Most suit university students and professional candidates, and a small share is at school level. Teachers can use the ready-made quizzes, maps and flashcards too. CIPS is mentioned among the listed resources, so those preparing for it may find relevant material.

Is there anything for exam practice?

Yes. There are flashcard decks for purchasing exam preparation, plus quizzes such as the Procurement and supply context sample question set. They suit testing recall after you have read the maps. Check each resource against your own course, since users created them.

What if I cannot find my topic?

Try a nearby title first. Topics like supplier selection, supply strategy and make or buy appear in several versions, and a different one may fit better. You can also build your own mind map, flashcards or quiz to fill the gap.

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