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 6-hour CPPM training session (3 sessions x 2 hours) will equip a professional with strong foundation in Procurement management suitable for today’s industrial standards. It is designed for participants experienced in Procurement, who have already graduated from the beginner-level Certified Procurement Professional 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 Manager Course Outline:

• Supplier Relationship Management

• Developing Sourcing Strategy

• Vendor development Program

• Whole life asset management

• Working with the TCO model to Procurement costing

• Project Procurement Management.

• Payment methods in Procurement.

• Practical review of contracts (with sample contract )

• Ethics in Procurement and Sourcing