Certificate in Procurement Management

Procurement Management

About Procurement Management
Procurement management is also referred to as the source-to-settle process. It encompasses the evaluation, selection, and creation of formal contractual agreements as well as managing the company’s ongoing supplier relationships.

Why is Procurement Management important?
The benefits of procurement automation
•    Faster approval process. Due to the hierarchical structure of organizations, purchase requests often get stuck in the approval process.
•    Improved spend visibility.
•    Improved supplier relationships.
•    Easier contract management.
•    Increased productivity.

Who should take the Procurement Management Exam?
•    Store, Purchase or procurement professionals
•    Business owners
•    Anyone who wants to assess their procurement skills
•    Store, Purchase or procurement managers and senior executives
•    Procurement consultants
•    Professionals working in outsourced companies responsible for procurement
•    Any professional with skills and knowledge on procurement
•    Anyone interested in procurement
•    Students

Procurement Management Certification Course Outline

1. Procurement Management
2. Cost and Value Analysis System
3. Negotiation Skills
4. Purchase Management System
5. Vendor Management
6. Materials Planning
7. Material Classification, Standardization and Codification
8. Material Handling
9. Stores Management and Warehousing
10. Quality Management