PROCUREMENT MANAGEMENT PROFESSIONAL
Procurement Management Professional training equips delegates with a strategic approach to procurement that position organization for sustainable competitive advantage by maximizing benefits received in return for spending; therefore, professionals need to understand the various elements driving change strategies, ensure cost efficiencies and achieve procurement in a global environment.
Overview
Curriculum
Curriculum
- 16 Sections
- 0 Lessons
- 4 Days
Expand all sectionsCollapse all sections
- Procurement Management Professional Course UnitsThe Procurement Management Professional course comprises of 5 Units, which are delivered using a blend of group interaction, case studies and role plays.  We have a clear objective which is to ensure students are able to relate the learning to practical experience in the workplace. The five units at this level are: Unit D1. Contexts of Procurement & Supply – The Sourcing process i.e. tendering, added value of each stage. Policies and procedures. Emphasis on systems – P2P & ERP. Unit D2. Business Needs in Procurement & Supply – Types of purchases. Market data and dialogue, Business cases/financial budgets. Specifications. KPIs, contract terms. Pricing arrangements. Development of outsourcing. Unit D3. Sourcing in Procurement & Supply – Intra-company trading/transfer pricing. Selection/award criteria. SMEs, 3rd sector, fair trade. Financial appraisal. Data, e-requisitions, e-catalogues. Safety and Standards. Unit D4. Negotiating & Contracting in Procurement & Supply – Frameworks/mini competitions. Information gathering. Costing, price negotiation. Macro and micro economics. Unit D5 Managing Contracts & Relationships in Procurement & Supply – Environmental analysis. Relationships as a process. Contract terms and limits of liability. Data on the performance of contracts. Responsibilities for contract management. Contract management vs. SRM. Quality improvement0
- Introduction to procurement management0
- Principles and practices of procurement management0
- Contract management0
- Supplier selection0
- Budgeting and cost control0
- Supplier relationship management0
- Project performance management0
- Legal and ethical aspects of procurement management0
- Best practices for managing contracts and suppliers0
- Technology in procurement management0
- Data analysis and reporting0
- Risk management strategies0
- Strategic procurement0
- Lean procurement0
- Digital transformation0
FAQs
Senior management in an organization who require comprehensive knowledge and experience with the procurement process
Individuals working in other supply chain functions who want to move into the procurement process
Any other employee of the organization who is involved in supplier interaction and negotiation for the purchase of goods and/or services of some kind.
Managers and supervisors in charge of the procurement process who are in charge of overseeing operations
Quality managers and auditors are in charge of checking and ensuring that goods and materials meet quality standards.
Any other professional who is interested in learning more about procurement management and earning a certification in it
There are a number of advantages to taking a procurement management professional certification course. First and foremost, it provides a comprehensive understanding of the principles and practices of procurement management, which can help improve efficiency and effectiveness. Additionally, it can help professionals stand out from the competition, as employers are likely to view certified professionals as more reliable and capable. Furthermore, a procurement management professional certification can help build a network of contacts in the industry, as well as give you access to resources and opportunities.
The procurement management professional certification course is ideal for individuals who are seeking to gain a comprehensive understanding of the principles and practices of procurement management. This includes those working in the field of procurement management, as well as those who are looking to transition into the field. Additionally, the course is also suitable for managers and executives who are looking to improve their understanding of procurement management.
To get the most out of a procurement management professional certification course, it is important to be prepared. This includes having an understanding of the topics that will be covered in the course,and familiarizing yourself with the learning materials. Additionally, it is important to be engaged throughout the course, asking questions, participating in discussion, and taking notes.
Finally, it is important to take advantage of the resources available in the course. This includes attending the lectures and tutorials, participating in the online forums, and engaging with the instructors and other students. By taking advantage of the resources available, you will be able to maximize your learning and get the most out of the course.
Reviews
Features
- JK Michaels is a PMI accredited ATP(Authorized Training Partner)
- Earn 30 PDUs with Practical, live instructor led sessions
- Ace the exam with 30 day, 60 day study plan by experts 2000 Free exam simulation question bank
- Introduction to predictive and Agile software(microsoft project +JIRA) Poject Leadership Quotients Assessment
- Regular monthly webinars,revisions and exam support.
- Action-oriented learning through case studies,role plays ,games e.t.c