It's all about understanding and managing the purchasing process, selecting suppliers, negotiating purchases, managing supplier relationships, and evaluating performance.
Procurement Management Certification Training Overview
Procurement Management certification training equips learners with essential skills to effectively manage procurement processes in organizations. The course covers a range of topics such as procurement planning, contract negotiations, Risk Management, Vendor Management, and strategic sourcing. It also dives into the legal aspects of procurement and ethical considerations. This certification training is designed to enhance understanding of procurement's strategic value and promote efficient resource allocation practices.
Why Should You Learn Procurement Management?
Learning procurement management provides key benefits such as understanding strategic purchasing tactics, improving Negotiation Skills, and ensuring financial efficiency. Statistics in this course provide quantifiable measures of procurement performance, aid in strategic decision-making, and enhance forecasting accuracy.
Learning Objectives Of The Procurement Management Course:
The Procurement Management course aims to familiarize students with the fundamental aspects of procurement, including its role in an organizational structure and various processes involved. Students would learn to identify and manage procurement risks and align procurement strategies with business goals. They would be trained in negotiation techniques and contract administration. The course would also elaborate on the significance of ethics and corporate social responsibility in procurement. Acquiring this knowledge and skill set would enable students to contribute significantly to the financial performance of an organization through efficient procurement management.
A Global Leader in IT Training
Established in the year 1993, Koenig Solutions is a reputed IT training organisation that strives to make IT education readily available to the students and professionals.
Our vision is to contribute to a more equitable and prosperous world through IT education.
Koenig is present in North America, Asia, Australia, and Saudi Arabia, with offices in the USA, Canada, UK, Netherlands, South Africa, Dubai, India, Singapore, Australia, and New Zealand.
Our dedicated team of professionals, known as Kites, are passionate about delivering exceptional customer experiences.
We prioritize the value of Money, Respect, and Peace of Mind for our customers (referred to as 'Kustomers' at Koenig), which have been instrumental in our success and are core tenets of the Koenig Ethos.
How We Do It
We call it the MRP and imbibe it in everything we do.
What sets us apart is our pool of quality trainers. We have been recognised as the
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Corporate IT Training
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Companies sponsor training for their employees for several reasons, including:
Improved job performance : Training can help employees acquire new skills and knowledge, which can lead to improved job performance and increased efficiency.
Increased productivity: A well-trained workforce can result in increased productivity, as employees are able to work more effectively and efficiently.
Competitive advantage: Companies that invest in employee training can gain a competitive advantage by having a highly skilled and knowledgeable workforce.
Retention of valuable employees: Providing training opportunities can help companies retain value employees by demonstrating their commitment to employee development and growth.
Adaptation to change: In a rapidly changing business environment, training can help employees adapt to new technologies, processes and practices.
Compilance with regulations: In certain industries, companies may be required to provide training on specific regulations or standards, and sponsoring training for employees can help ensure compliance.
Improved employee morale: Providing training opportunities can boost employee morale, as it shows employees that the company values their growth and development.
Overall, sponsoring training for employees can bring a range of benefits for companies, including improved job performance, increased productivity, and a competitive advantage in the marketplace.
The CIPS Certificate in Procurement and Supply Operations is a comprehensive course designed for individuals seeking to develop a solid foundation in procurement and supply chain management.
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A study of the scope of purchasing and procurement and the principles, structures and key variables of supply management.
It focuses on contracting out (from classical to relational contracting), procurement (purchasing) and more recent shifts towards partnership and collaboration (especially in social services).
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