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Procurement & Purchasing
We offer globally acclaimed Procurement certifications like CIPP, CIPM, CPP, CPPM, CIPS Level 3, CIPS Level 4, CIPS Level 5, CIPA, CISM, CIPC and CICCM that help procurement professionals unlock their potential and demonstrate strategic leadership skills by mastering the areas of evaluation, analysis, contract negotiations, risk management, change management.
CIPM – Certified International Procurement Manager
Course Objectives
Upon completing this procurement certification, participants will be able to:
- Demonstrate exceptional leadership qualities in procurement
- Make strategic procurement financial decisions
- Apply effective negotiation techniques with suppliers
- Assess the performance of other junior procurement officials
- Drive the best and most sustainable procurement strategies
- Maintain procurement documents and records of the organization
Target Competencies
- Assessing supplier
- Negotiation skills
- Procurement KPIs
- Supplier relationship management
- Risk management in procurement
- Awareness of international payment methods
Course Outline
Module 1 – Introduction to Purchasing
- World class purchasing
- The status of Purchasing & Supply Management (PSM)
- Creating strategic plans and tactics
- Planning procurement strategies & objectives
Module 2 – Logistics & Supply Chain
- What is Logistics
- Materials & Distribution Management
- Reverse logistics
- Understanding supply chain management
- Value Chain Analysis
- Supply Chain & Purchasing
Module 3 – Financial Decisions for Sourcing
- What is Price
- Buyers role in managing purchase prices
- Formulating financial strategies
- Supplier Pricing Decisions
- Price & Cost Analysis
- Standardizing Purchased Materials
Module 4 – International Trade
- Ocean Shipping Terminologies
- Freight Agents
- Methods of Payments (L/C)
- Incoterms 2020
Module 5 – Performance & Ethics
- Purchasing Performance Evaluation
- Purchasing Audit Approach
- Benchmarking & Rating
- Purchasing Ethics
- Ethics issues relating to suppliers
- Purchasing & Prevention of Fraud
Module 6 – Risk Management in Procurement
- What is Risk
- Procurement challenges
- Common types of procurement risks
- Dual challenges of Risk Management
- External & Internal Risk Factors
- Currency Risk Management
- Steps to Risk Mitigation
Module 7 – Introduction to Contracts
- What is a Contract
- Essentials of contract
- Managing contract compliance
- Maintaining procurement documents and records
IPSCMI, the International Purchasing and Supply Chain Management Institute, is a globally reputed professional certification institute in the United States offering multiple supply chain courses throughout the world in all modes of instruction.
Blue Ocean Academy has an exclusive tie-up with the US-based International Purchasing and Supply Chain Management Institute (IPSCMI) to offer logistics & supply chain professional courses in the UAE and other GCC countries. Upon course completion, students receive a Certificate from IPSCMI.
Course Objectives
Upon completing this procurement certification, participants will be able to:
- Demonstrate exceptional leadership qualities in procurement
- Make strategic procurement financial decisions
- Apply effective negotiation techniques with suppliers
- Assess the performance of other junior procurement officials
- Drive the best and most sustainable procurement strategies
- Maintain procurement documents and records of the organization
Target Competencies
- Assessing supplier
- Negotiation skills
- Procurement KPIs
- Supplier relationship management
- Risk management in procurement
- Awareness of international payment methods
Course Outline
Module 1 – Introduction to Purchasing
- World class purchasing
- The status of Purchasing & Supply Management (PSM)
- Creating strategic plans and tactics
- Planning procurement strategies & objectives
Module 2 – Logistics & Supply Chain
- What is Logistics
- Materials & Distribution Management
- Reverse logistics
- Understanding supply chain management
- Value Chain Analysis
- Supply Chain & Purchasing
Module 3 – Financial Decisions for Sourcing
- What is Price
- Buyers role in managing purchase prices
- Formulating financial strategies
- Supplier Pricing Decisions
- Price & Cost Analysis
- Standardizing Purchased Materials
Module 4 – International Trade
- Ocean Shipping Terminologies
- Freight Agents
- Methods of Payments (L/C)
- Incoterms 2020
Module 5 – Performance & Ethics
- Purchasing Performance Evaluation
- Purchasing Audit Approach
- Benchmarking & Rating
- Purchasing Ethics
- Ethics issues relating to suppliers
- Purchasing & Prevention of Fraud
Module 6 – Risk Management in Procurement
- What is Risk
- Procurement challenges
- Common types of procurement risks
- Dual challenges of Risk Management
- External & Internal Risk Factors
- Currency Risk Management
- Steps to Risk Mitigation
Module 7 – Introduction to Contracts
- What is a Contract
- Essentials of contract
- Managing contract compliance
- Maintaining procurement documents and records
IPSCMI, the International Purchasing and Supply Chain Management Institute, is a globally reputed professional certification institute in the United States offering multiple supply chain courses throughout the world in all modes of instruction.
Blue Ocean Academy has an exclusive tie-up with the US-based International Purchasing and Supply Chain Management Institute (IPSCMI) to offer logistics & supply chain professional courses in the UAE and other GCC countries. Upon course completion, students receive a Certificate from IPSCMI.