Procurement Professionals play a significant role in an industry in today's business arena. Procurement is an essential function in any organization and no longer a clerical activity. Acquisition of goods and services are well structured and guided by policies and procedures.

This private 14-hour CPP training session (7 sessions x 2 hours) will equip a professional with strong foundation in Procurement management suitable for today’s industrial standards. Once you complete this course, you can proceed to the next level with 1-on-1 Certified Procurement Professional Manager Training.

Learning Outcomes of this course:

• Learn to answer Frequently asked questions in Procurement Management Interviews.
• You will learn to develop and apply analytical tools and approaches in procurement and sourcing operations.
• This course will help develop the right negotiation skills.
• The criticality of preparation and planning in successful price negotiations methods.
• Cost estimation and cost modelling methods.
• Developing Sourcing strategy for better cost saving and higher technology.
• Reduce overall cost of acquisition of goods in order to control the cost of operations.
• This high valued course serves as an introduction to advanced courses like CSCP(US), CIPS(UK), CPSM(US), CPIM(US), CLTD(US), etc.

Procurement Professional Course Outline:

• Purchasing, Procurement & Supply Chain
• Procurement Strategy & Its Alignment with Corporate Strategy
• Spend Analysis and Management
• Procurement Negotiation Skills
• Procurement Strategy Formulation
• Contracts Management
• Structure of Contracts
• Contract Management Consideration
• Procurement Contract Troubleshooting
• Discharge of Contracts and performance analysis
• Environment Analysis
• Risk Management in Procurement Process
• Procurement Audit
• Mis procurement & Malfunctioning in Audit Function
• Essentials of Good Procurement System
• Essential Skills of Good Procurement Manager
• Procurement Performance Evaluation Techniques