Procurement & Purchasing
CIPP – Certified International Procurement Professional
Categories: Online
CIPP – Certified International Procurement Professional
Categories: Online
Course Objectives
Upon completing this procurement certification, participants will be able to:
- Encompass the prime concepts of global procurement
- Streamline procurement strategy with organizational objectives
- Comprehend the difference between Procurement vs Purchasing
- Partner with the right vendor/supplier to ensure productivity
- Apply profit-driving strategies for sourcing, negotiation and contract closing
- Maintain productive and error-free vendor and supplier relationship
- Drive best ethical practices for sustainable procurement practices
- Understand and apply e-procurement value chain and tools
Target Competencies
- Sustainable procurement practices
- Operational procurement
- Procurement vs Purchasing – holistic overview
- Supplier/ vendor evaluation
- Negotiation skills
- Sourcing skills
- Supplier relationship management
- E-procurement tools and techniques
Course Outline
Module 1 – Introduction to Purchasing
- What is Purchasing
- Evolution of Purchasing
- Types of Purchasing
- Understanding Purchasing Functions
- Purchasing Cycle
Module 2 – Procure to Pay (P2P)
- What is P2P
- The Procure to Pay Process Flow
- Automation of P2P
- Purchasing methods
- Cross-Functional Purchasing
- Centralize vs De-centralize Purchasing
Module 3 – E-commerce
- Understanding E-procurement value chain
- E-procurement tools
- Evolution of E-procurement models
- Benefits and Disadvantages
Module 4 – Sourcing and Supplier Management
- What is Sourcing
- Sourcing Process
- Types of Sources of Supply
- Analysis of market conditions
- Make vs Buy Analysis
- Types of Leasing
- Solicitation
Module 5 – Sustainable Procurement
- What is Green Procurement
- Scope and potential benefits of Green Procurement
- Implementing Green Procurement Policy
- Creating a Green procurement program
- Approaches to implement sustainable procurement
Module 6 – Supplier Evaluations
- Supplier assessments
- Supplier approvals
- Evaluation methods
Module 7 – Global Purchasing
- Why buy global
- Sources of information for overseas suppliers
- Overcoming global sourcing challenges
- True cost of global buying
- Factors of success
Module 8 – Negotiations
- Approach to negotiation
- Content of negotiation
- Factors in negotiation
- Negotiation process
- Negotiation in relationships
- Negotiation ethics
IPSCMI, the International Purchasing and Supply Chain Management Institute, is a globally reputed professional certification institute in the United States offering advanced procurement and 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:
- Encompass the prime concepts of global procurement
- Streamline procurement strategy with organizational objectives
- Comprehend the difference between Procurement vs Purchasing
- Partner with the right vendor/supplier to ensure productivity
- Apply profit-driving strategies for sourcing, negotiation and contract closing
- Maintain productive and error-free vendor and supplier relationship
- Drive best ethical practices for sustainable procurement practices
- Understand and apply e-procurement value chain and tools
Target Competencies
- Sustainable procurement practices
- Operational procurement
- Procurement vs Purchasing – holistic overview
- Supplier/ vendor evaluation
- Negotiation skills
- Sourcing skills
- Supplier relationship management
- E-procurement tools and techniques
Course Outline
Module 1 – Introduction to Purchasing
- What is Purchasing
- Evolution of Purchasing
- Types of Purchasing
- Understanding Purchasing Functions
- Purchasing Cycle
Module 2 – Procure to Pay (P2P)
- What is P2P
- The Procure to Pay Process Flow
- Automation of P2P
- Purchasing methods
- Cross-Functional Purchasing
- Centralize vs De-centralize Purchasing
Module 3 – E-commerce
- Understanding E-procurement value chain
- E-procurement tools
- Evolution of E-procurement models
- Benefits and Disadvantages
Module 4 – Sourcing and Supplier Management
- What is Sourcing
- Sourcing Process
- Types of Sources of Supply
- Analysis of market conditions
- Make vs Buy Analysis
- Types of Leasing
- Solicitation
Module 5 – Sustainable Procurement
- What is Green Procurement
- Scope and potential benefits of Green Procurement
- Implementing Green Procurement Policy
- Creating a Green procurement program
- Approaches to implement sustainable procurement
Module 6 – Supplier Evaluations
- Supplier assessments
- Supplier approvals
- Evaluation methods
Module 7 – Global Purchasing
- Why buy global
- Sources of information for overseas suppliers
- Overcoming global sourcing challenges
- True cost of global buying
- Factors of success
Module 8 – Negotiations
- Approach to negotiation
- Content of negotiation
- Factors in negotiation
- Negotiation process
- Negotiation in relationships
- Negotiation ethics
IPSCMI, the International Purchasing and Supply Chain Management Institute, is a globally reputed professional certification institute in the United States offering advanced procurement and 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.