Purchasing and Supply Chain Management Practice Exam

Purchasing and Supply Chain Management Practice Exam

Purchasing and Supply Chain Management are the important functions of an company which ensures availability of goods and services as needed by the supply chain of the company. Both functions enable the company to procure raw material, goods and services as well as deliver products or services to the customers. The practice includes procurement, supplier relationships, inventory control, and timely delivery of resources. Both functions help reduce costs, adds efficiency, and helps to manage operations of the company.

Certification in Purchasing and Supply Chain Management certifies your skills and knowledge in procurement, logistics, and supply chain management. The certification assess you in tools, and techniques needed for procurement and supply chain management.

Why is Purchasing and Supply Chain Management certification important?

• The certification certifies your skills and knowledge of procurement and supplier management.
• Shows your skills in supply chain optimization.
• Increases your career opportunities in logistics and supply chain roles.
• Attests to your knowledge of reducing costs and improving efficiency.
• Verifies your capabilities of negotiation and contract management.
• Provides you a competitive edge in the job market.
• Acts as an proof of your procurement and supply chain skills.

Who should take the Purchasing and Supply Chain Management Exam?

• Supply Chain Managers
• Procurement Specialists
• Logistics Coordinators
• Inventory Managers
• Operations Managers
• Purchasing Agents
• Vendor Relationship Managers
• Warehouse Managers
• Demand Planners
• Supply Chain Analysts

Skills Evaluated

Candidates taking the certification exam on the Purchasing and Supply Chain Management is evaluated for the following skills:

• Procurement and sourcing strategies.
• Supplier relationship management.
• Inventory control
• warehouse management.
• Supply chain technologies and tools.
• Planning and forecasting demand.
• Risk management
• Negotiation
• Contract management
• Logistics
• Distribution management.
• Global supply chain
• Ethics

Purchasing and Supply Chain Management Certification Course Outline
The course outline for Purchasing and Supply Chain Management certification is as below - 

Domain 1 - Introduction to Supply Chain Management

• Supply chain concepts and definitions
• Key stakeholders and processes

Domain 2 - Procurement and Sourcing

• Sourcing strategies and supplier evaluation
• Cost analysis and negotiation techniques

Domain 3 - Inventory and Warehouse Management

• Inventory control methods
• Best practices in warehouse management

Domain 4 - Logistics and Transportation

• Modes of transportation and logistics planning
• Distribution strategies and delivery optimization

Domain 5 - Supply Chain Technology

• Role of ERP and supply chain software
• Integration of technology in supply chain operations

Domain 6 - Risk and Disruption Management

• Identifying risks in supply chains
• Strategies to handle disruptions

Domain 7 - Global Supply Chain Management

• International trade laws and compliance
• Managing cross-border logistics

Domain 8 - Sustainability and Ethics

• Ethical procurement practices
• Sustainability initiatives in supply chains

Domain 9 - Performance Measurement

• KPIs and metrics for supply chain performance
• Continuous improvement strategies

Domain 10 - Demand Planning and Forecasting

• Forecasting techniques
• Aligning demand with supply