CIPM – Certified International Procurement Manager

by Blue Ocean Academy Claim Listing

Upon completing this procurement certification, participants will be able to: Demonstrate exceptional leadership qualities in procurement Make strategic procurement financial decisions Apply effective negotiation techniques with suppliers Assess the performance of other junior procurement offici

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Course Details

Course Objectives

Upon completing this procurement certification, participants will be able to:

  • Demonstrate exceptional leadership qualities in procurement

  • Make strategic procurement financial decisions

  • Apply effective negotiation techniques with suppliers

  • Assess the performance of other junior procurement officials

  • Drive the best and most sustainable procurement strategies

  • Maintain procurement documents and records of the organization

 

Target Competencies

  • Assessing supplier

  • Negotiation skills

  • Procurement KPIs

  • Supplier relationship management

  • Risk management in procurement

  • Awareness of international payment methods

 

Course Outline

Module 1 – Introduction to Purchasing

  • World class purchasing

  • The status of Purchasing & Supply Management (PSM)

  • Creating strategic plans and tactics

  • Planning procurement strategies & objectives

Module 2 – Logistics & Supply Chain

  • What is Logistics

  • Materials & Distribution Management

  • Reverse logistics

  • Understanding supply chain management

  • Value Chain Analysis

  • Supply Chain & Purchasing

Module 3 – Financial Decisions for Sourcing

  • What is Price

  • Buyers role in managing purchase prices

  • Formulating financial strategies

  • Supplier Pricing Decisions

  • Price & Cost Analysis

  • Standardizing Purchased Materials

Module 4 – International Trade

  • Ocean Shipping Terminologies

  • Freight Agents

  • Methods of Payments (L/C)

  • Incoterms 2020

Module 5 – Performance & Ethics

  • Purchasing Performance Evaluation

  • Purchasing Audit Approach

  • Benchmarking & Rating

  • Purchasing Ethics

  • Ethics issues relating to suppliers

  • Purchasing & Prevention of Fraud

Module 6 – Risk Management in Procurement

  • What is Risk

  • Procurement challenges

  • Common types of procurement risks

  • Dual challenges of Risk Management

  • External & Internal Risk Factors

  • Currency Risk Management

  • Steps to Risk Mitigation

Module 7 – Introduction to Contracts

  • What is a Contract

  • Essentials of contract

  • Managing contract compliance

  • Maintaining procurement documents and records

  • Delhi Branch

    1515 Mohan Dev Building, Tolstoy Marg, Connaught Place, Delhi

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