Certificate in Purchase Management

Purchase Management

About Purchase Management
Purchase management is a business discipline that enables companies to manage the activities and relationships that make up the purchasing functions necessary to do business. At its core purchase management is all about saving money, increasing profits and it is an important function for any wholesale, distribution or manufacturing business.

Why is Purchase Management important?
Purchasing management helps by
•    Reducing Costs.
•    Diversifying Supply.
•    Fulfilling Business Requirements.
•    Sparking Innovation.
•    Managing Relationships.
•    Spending Wisely.

Who should take the Purchase Management Exam?
•    Purchase or procurement professionals
•    Business owners
•    Entrepreneurs
•    Anyone who wants to assess their purchase or procurement skills
•    Purchase or procurement managers and senior executives
•    Purchase or procurement consultants
•    Professionals working in outsourced companies responsible for purchase or procurement
•    Anyone interested in purchase or procurement
•    Students

Purchase Management Certification Course Outline

1. Materials Planning
2. Materials Budgeting
3. Material Classification, Standardization and Codification
4. Stores Management and Warehousing
5. Inventory Management
6. Purchase Management System
7. Vendor Management
8.  Value Analysis System
9.  Negotiation Skills
10. Quality Control
11.  Stock Keeping and Accounting