The Procurement Management Course is designed keeping in view the International Process and Standards being followed by the industry across globe while Procuring and Sourcing.
DurationThe Procurement Management Course is designed keeping in view the International Process and Standards being followed by the industry across globe while Procuring and Sourcing.
This module helps and identifies the key processes and steps in a full Procurement cycle for easy and smooth execution of procurements by SCM Professionals.
Who Needs This Qualification?
This program is aimed at Fresh Graduates, SCM Practitioners, Business Owners and Professionals seeking International Certification in industry. Best practices and skills are needed for executing high value large scale procurements.
Prospective Job Roles
AGM / GM Procurement
Procurement Manager
Purchase Officer
Purchase Executive
Course Content
Introduction
Definition
Types of Procurements
Procurement cycle
Steps in Procurement Process
Tendering and Bidding Process
Types of Tenders
Vendor Communication, Management, Assessment and Evaluation
Negotiation
Contract Finalization and Release
International Payment Terms
Assessment & Certification
The assessment will happen in 2 steps:
Objective Test : Max. Marks 100 = > Passing Marks 45%
Project Submission : Max. Marks 100 = > Passing Marks 50%
Vision:
“We aspire to be the powerhouse for talent and skilled resources, we enable businesses with solutions, services and technology ensuring quality, integrity and trust"
MIssion:
Empower workforce through skilling, re-skilling and cross-skilling. Empower businesses through solutions, services and technology.
Professionalism
Professionalism is an integral part of our business principles and the cornerstones for ensuring highest level of customer satisfaction.
Excellence
Delivery excellence in all our commitments to stakeholders
Integrity
We earn the trust, we are accountable for our actions, we are honest and transparent in everything we do, create a culture of integrity within TWG.
Sustainability
Creating a sustainable world together with all stakeholders, closely working with SDG goals of United Nations
Diversity & Inclusion
We strive to create an environment that brings the power of diversity to everyone's life, where people with different backgrounds and experiences thrive in both their professional and personal lives.
Upon completion of the PMPPC course, participants will be able to: Apply advanced procurement planning strategies Differentiate between global and domestic negotiations Identify global trading barriers Implement different acquisition methods
Certificate in Procurement and Supply Operations is highly recommended for young graduates who would like to form a career in procurement and supply or someone in their final year or pre-final year from streams such as Engineering / Management / Commerce / Science / Mathematics / Business etc.
The course will focus mostly on the strategic aspects of Procurement. The CIPM certification will highlight the skills and expertise required in the industry along with the vast knowledge needed to manage procurement for long-term benefits.
Purchasing was a traditional function in many organizations. However, with the fact that in many OEMs as much as even 70-80% Cost of Goods Sold constitutes the outsourced components (including sub assemblies and assemblies) - purchasing is no longer a small function.
Materials constitute the largest share of costs in manufacturing and significantly high percentage in others. Materials therefore represent highest potential for cost optimization and profit improvement in any enterprise.
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