BSB50120
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Unlimited One-on-one Support
100% Flexible Online Learning
Get your Course GuideIncrease your procurement skill-set and ready yourself for the next opportunity in your procurement career with a Diploma of Business (Procurement) online. Develop, implement and review procurement strategies and learn to analyse your organisation’s procurement data and information. With graduate outcomes in a diverse range of industries, job opportunities include procurement officer, contract manager, category manager and supplier relations manager.
Plan your study around your work and life – not the other way around. With no scheduled classes or tutorials to attend, you can study at your own pace, and complete the Diploma in your own time. Start putting your learning into practice almost immediately, with workplace-based assessments, and course content designed for the modern workplace.
Partnering with our Learning Coaches for one-on-one support, we’ll guide you through the course and provide you with the keys to your own success.
Get started today and try us out risk-free for 30 days*.
TIMEFRAME
Part-Time: Approx. 14 -16 months
Full-Time: Approx. 12 months
Generous 24-month enrolment period
PAYMENT OPTIONS
Flexible Plans: Starting from just $51/wk
Upfront Discount: Only $3495*
Save up to 11.9%** when you pay a $1495 upfront deposit
UNITS
Hand-selected: 12 Hand-selected Units
Content created in partnership with industry leaders
As a result of completing your online Diploma of Business (Procurement), you’ll be able to confidently understand and apply the most appropriate procurement strategy for your business. We’ve hand-selected these 12 units to align your skills with industry expectations.
| CODE | PROGRAM |
|---|---|
| BSBXCM501 | Lead communication in the workplace |
| BSBCRT511 | Develop critical thinking in others |
| BSBSUS511 | Develop workplace policies and procedures for sustainability |
| BSBOPS501 | Manage business resources |
| BSBPRC502 | Manage supplier relationships |
| BSBPRC504 | Manage a supply chain |
| BSBSTR502 | Facilitate continuous improvement |
| BSBPRC505 | Manage ethical procurement strategy |
| BSBINS512 | Monitor business records systems |
| BSBFIN501 | Manage budgets and financial plans |
| PSPPCM008 | Manage contract performance |
| PSPPCM009 | Finalise contracts |
This means you can choose to study on a more intense time schedule, or just fit it around your lifestyle when you can.
The course can be completed in as little as 12 months with a full-time study load or in 14 -16 months on a part-time study load, but we allow a generous 24-month standard course enrolment duration.
We provide engaging tutorials, industry-relevant assessments and work-ready learning outcomes.
Depending on your current skills and amount of experience you have, you may qualify for Recognition of Prior Learning and be eligible for course acceleration.
There are more options for career advancement available after securing a Diploma of Business (Procurement). Many students choose to complete a Double Diploma or go onto complete further study such as:
In order to succeed in our online qualifications, our students are required to:
The required level of competency in English language, literacy and numeracy skills for Diploma and Certificate IV qualifications is ACSF Level 3. To ensure you have the ACSF skills necessary to commence study with us, you may be required to completed a language, literacy and numeracy test if English is not your first language and you do not hold any nationally recognised Australian qualifications.
Upon enrolment, all students will also be assessed over time by their learning coach for their language, literacy and numeracy skills. Where these levels fall below the requisite ACSF standard for the qualification, the coach will advise the student of the remedial options open to them. This may involve additional support or withdrawal of enrolment and refund of fees paid.
Please refer to the relevant CAL Policies and the Student Handbook for full details of the entry-level requirements procedure.
You will need regular access to a laptop or desktop computer with the following:
You will also need regular access to a laptop, desktop computer or device with an adequate camera to undertake video calls for assessments as required. Typically, we recommend using a laptop or desktop computer with the latest version of Chrome. Please check to ensure your device/s align with the system requirements for our major services:
If you have extensive experience in the industry with a high level of knowledge, competency and ability, you may be eligible for RPL.
This process may enable you to get unit credits for competencies you’ve already demonstrated so you can fast-track your qualification.
Learn more about Recognition of Prior Learning here or contact us to see what you might qualify for.
At The College for Adult Learning, we understand that not all students are in a position to pay for their studies upfront. For this reason we offer flexible weekly or monthly payment plans that can suit any lifestyle or budget.
| Payment Plan | Payment Amount | Payment Plan Length | Total Amount Paid |
|---|---|---|---|
| Discounted Upfront Fee* | $1495 + $117.64/mo | Upfront Deposit + 17 Months | $3495 |
| 12 x Monthly Payments | $320 | 12 Months | $3840 |
| 52 x Weekly Payments | $74 | 52 Weeks | $3848 |
| 18 x Monthly Payments | $220 | 18 Months | $3960 |
| 78 x Weekly Payments | $51 | 78 Weeks | $3978 |
*Please note: The College for Adult Learning’s obligations as an RTO include taking actions to protect your fees. These protections exist to ensure that you can enrol with confidence. The principal protection which is provided to you is a pre-paid fee limit; CAL will never require you to pay more than $1,500 in advance and will never allow your advance payment balance to rise above $1,500.
The Diploma of Business (Procurement) (BSB50120) is a qualification for professionals working mainly in the supply chain industry looking to upskill into procurement roles such as Purchasing Manager, Procurement Manager, Category Manager or others. This diploma is a Nationally Recognised qualification in Australia and is internationally respected. The procurement diploma online teaches in-demand technical skills including managing business resources, business records, budgets, contracts and financial plans, developing sustainability procedures and more. Procurement professionals undertaking this course are able to develop essential soft skills in critical thinking, managing supplier relationships, workplace communication and facilitating continuous improvement. It is recommended for professionals to have some procurement or supply chain job role experience before undertaking the online procurement diploma.
A diploma in procurement can take approximately 12 months to complete if studying full-time. The duration of your qualification is also dependent on how many hours you put in each week to study, however at CAL all students are offered a generous 24-month self-paced enrolment period to complete their online procurement diploma qualifications.
You can study the procurement qualification online successfully with the right qualification provider. Studying online means no compulsory classes and the freedom to study on your terms. Studying the diploma of procurement online is ideal for working professionals who need to fit study around their busy lifestyle. At CAL, all courses are delivered 100% online, and completely self-paced. Make your way through the units with clear tutorials, supporting content, as well as regular checkpoints to test and strengthen your learning along the way.
The Diploma of Business (Procurement) (BSB50120) is a qualification that will allow you to pursue higher management roles within the various supply chain sectors, but also pursue procurement roles in business as the roles of procurement change in the modern world of work. Traditionally, procurement has always existed as a function within the supply chain sector, however, with more and more businesses going global, there are opportunities for procurement professionals to secure these roles in business spending. There is a lot you can do with a business procurement diploma as the transferable skills learnt within the qualification are crucial to almost any supply chain sector, business or management role. With a diploma in procurement, you can confidently pursue management roles such as Purchasing Manager, Procurement Manager or Category Manager. By undertaking this qualification online, you can continue to work in your current job role whilst upskilling with business management skills to further your procurement career.
The difference between procurement and purchasing is that procurement is the process of getting the goods and services for the company. In the overall supply chain process, the procurement function stops once the company has possession of the goods. Purchasing is a sub-set function of procurement, it refers only to the buying of goods or services and includes receiving and payment steps. These two functions work closely together as purchasing is a part of procurement. Purchasing managers work closely with procurement managers and vice versa. Working in procurement means having skills and knowledge related to purchasing functions to ensure success in the overall procurement process.
For a successful procurement career, a qualification like the Diploma of Business (Procurement) (BSB50120) is the best way to develop in-demand technical skills and knowledge, paired with the essential soft skills necessary for higher-level management roles. After completing a fundamental qualification like the online procurement diploma, procurement professionals pursuing senior supply chain management roles strongly benefit from undertaking a leadership diploma to further develop management skills and stand out from the competitive job market.
Rewarding careers in procurement can exist in a variety of supply chain sectors and businesses. A procurement manager position is a vital role and has responsibilities in procuring goods and services for organisations. A key part of a procurement managers role is looking after supplier relationships – this means keeping track of current costs and supplier relationship value, and sourcing potential new suppliers. Procurement managers also assess the total costs of company purchases, and continually develop strategies for procuring and distributing goods or services. The average annual salary for a procurement manager starts at $98,000 (Job Outlook).
Category managers usually have a particular part of the supply chain process they manage and often (depending on the size of the company) report to the purchasing or procurement manager. Category managers look after detailed aspects within projects and also have responsibilities in data management and analysis. Category managers have a more hands-on role, they understand the daily operations of the front-level workforce and can solve daily operational issues. The average annual salary for a category manager is around $98,000 (Seek).
Purchasing Managers are similar to procurement managers but responsibilities lie within a subset of the procurement process – the actual buying of goods and services. Purchasing managers look after all payments and must have strong financial skills. Purchasing managers work with different departments and have a mixture of skills and abilities from product knowledge to sales skills and relationship management skills. Depending on the size of the company, the average annual salary for purchasing managers is around $72,000 (Job Outlook).
Procurement job roles are in high demand with procurement manager jobs projected to have strong growth in the next 5 years as well as approximately 6000 new jobs to be created in the Australian distribution and procurement industry (Job Outlook). Procurement professionals are an integral part of the supply chain and help to ensure efficient and effective operations within the supply chain process.
The Real Outcomes Guarantee is part of our ongoing work to support you as you take the next step in your career. Our team, assessments and feedback are all focused on helping you in your career, not just passing your course.
Our Learning Coaches are industry veterans and supportive mentors who will help you complete your studies. Their assessment feedback is designed to reflect on-the-job and industry expectations, giving you more than just a competent result.
As you complete your studies, our Career Coach and Career Success Package are available to you, providing complimentary resume and cover letter feedback, complimentary 30-minute consultations and access to a suite of career management topics, tools and resources to help you achieve your goals.
Adding a nationally accredited qualification to your arsenal will show potential employers that you’re serious about succeeding in your Purchasing career.
You’ll study standardised, industry-relevant units that will encourage you to apply your knowledge and learning in real-world situations and gain real, job-ready skills.
Awarded by the Australian Government, this Diploma of Business (Procurement) (BSB50120) is recognised and respected nationally so there’s nothing left standing in your road to success.
Procurement professionals are involved in all aspects of the company’s business, from product sourcing, finding cost savings, corporate strategy to production. Some common industries demanding skilled procurement managers are retail stores, manufacturing, FMCG, car dealerships, and many others.
This course is designed to give you the skills needed to understand and apply the most appropriate procurement strategy for your business. Procurement work can be challenging, ranging from fostering relationships with suppliers to build strong partnerships, through to maximising your supply chain efficiency with the available resources.
Through completing this diploma you will be able to:
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By enquiring, you will be contacted by a Learning Consultant and receive emails with information about our courses and career paths. You can unsubscribe at any time and we will never sell or give away your information.
