Online Certification

Online Certification

Procurement Management Certification

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    Course Overview

    Establish a career in-demand profession

    Procurement Management

    Course Description

    This comprehensive course on Procurement Management is designed to equip graduates with the knowledge and skills necessary to excel in procurement job interviews and thrive in procurement roles within various industries. The course combines theoretical learning with practical insights, case studies, and interview preparation to ensure students are job-ready.

    Procurement Management course

    Procurement Management Certification Course

    Eligible Students

    Procurement Management Certification Program

    Prior Requirements

    Curriculum

    Course Curriculum

    Module 1
    Introduction to Procurement Management

    • Understanding the Role of Procurement in Business.
    • Procurement Objectives and Strategies.
    • Key Terminology and Concepts in Procurement

    Module 2
    Procurement Processes and Lifecycle

    • Procurement Planning and Strategy Development.
    • Vendor Selection and Evaluation.
    • Purchase Order Management.
    • Receiving and Inspection.
    • Invoicing and Payment.
    • Contract Management

    Module 3
    Strategic Sourcing and Supplier Relationship Management

    • Strategic Sourcing vs. Tactical Sourcing.
    • Supplier Evaluation and Selection Criteria.
    • Supplier Relationship Management (SRM).
    • Negotiation Strategies in Procurement.
    • Risk Management in Procurement

    Module 4
    Procurement Technology and Tools

    • Introduction to Procurement Software.
    • e-Procurement and e-Sourcing.
    • Spend Analysis and Supplier Portals.
    • Use of Data Analytics in Procurement.
    • Procurement Automation and AI

    Module 5
    Regulatory Compliance and Ethics in Procurement

    • Procurement Laws and Regulations.
    • Ethical Considerations in Procurement.
    • Anti-corruption and Anti-bribery Compliance.
    • Sustainability and Corporate Social Responsibility (CSR) in Procurement

    Module 6
    Cost Management and Budgeting

    • Cost Analysis and Cost Reduction Strategies.
    • Total Cost of Ownership (TCO) Analysis.
    • Budgeting and Forecasting in Procurement.
    • Return on Investment (ROI) in Procurement

    Module 7
    Procurement in Practice

    • Real-world Case Studies and Best Practices.
    • Guest Lectures by Industry Experts.
    • Group Projects and Presentations.
    • Mock Procurement Exercises.
    • Field Visits to Companies with Effective Procurement Practices

    Module 8
    Interview Preparation and Soft Skills

    • Resume Building and Cover Letter Writing.
    • Interview Strategies and Techniques.
    • Common Interview Questions and Answers.
    • Communication and Presentation Skills.
    • Mock Job Interviews with Feedback

    Module 9
    Final Assessment and Certification

    • Comprehensive Course Review.
    • Final Assessment Exam.
    • Awarding of Course Completion Certificate

    Procurement Management Certification Program

    Course Schedule

    Full-TIme

    Study with an accelerated pace.

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    Take a look at our top Mentors

    Ramkumar Subramanian

    Chief Operating Officer, Avaan Intellect

    An IIT- IIM graduate with 38 years of experience in supply chain, marketing, and operations management.

    Shyam Ramamurthy

    Vice President, Special Projects & GAAP

    Shyam Ramamurthy is a Logistics & Supply Chain professional with 34 years of industrial work experience.

    Review

    Clients' Testimonials

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