CPP - Certified Purchasing Professional
APS – American Purchasing Society, USA
Course Outline
APS has indicated that professionals with CPP certification have earned almost 25% more than the other purchasing and supply chain professionals. This course is designed for individuals keen to progress their careers in the Procurement and Purchasing profession. The business management process recognizes the growing complexity and heavy demands of the role of purchasing in the supply chain operation and the value it brings to the bottom-line of any organization.
WingsWay brings the best blend of experience and expertise together to ensure the executives in purchasing, procurement, and supply chain are adequately trained. We make our learners reliable and confident in their professions while enhancing their employability options in any competitive environment.
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Learner's Profile
This course is designed to support professionals moving into, or who are already in supervisory or team-leader roles but require training and development to understand the complete procurement & purchasing processes along with Materials Management & Supply Chain related activities.
Course Objectives
The course is designed to efficiently & effectively manage the Procurement Process, Supply Base, Operational Requirements, Supplier Relationship and inter-department Relationships. To understand the procurement responsibilities and confidently apply the knowledge in various roles.
Key Topics:
- Purchasing Process
- Make or Buy?
- Purchasing Steps
- Procurement Process
- Supplier Evaluation
- Supplier Rating Methods
- RFI, RFP and RFQ
- Advance Purchasing Planning
- Proactive and Reactive Procurement
- Types of Contracts and Management
- Global Sourcing Benefits and Challenges
- Negotiation Process and Methods
Who should attend?
This course is designed for entry-level staff and is a must for anybody interested in a career in a purchasing department.
Course Content
INTRODUCTION TO PURCHASING
- Purchasing Cycle
- Purchasing System
- Purchasing Steps
SOURCES OF SUPPLY
- Order of Precedence
- Make or Buy
- Lease-Purchase Analysis
PROCUREMENT PLANNING
- Advance Purchase Planning
- Purchasing Complexity
- Procurement Planning Content
SOLICITATION
- Solicitation Planning
- Written Solicitation
PROCUREMENT METHODS
- Price Competitive Approach
- Blanket Purchase Agreements
- Electronic Procurement
NEGOTIATION STRATEGIES
- Steps in Negotiating
- Tools in Negotiating
- Types of Negotiations
INTERNATIONAL SOURCING
- Overview of Worldwide Sourcing
- Offshore & Domestic Purchase
- Trade Barriers
- Currency Risk Management
- Currency Adjustment Factors
- Currency Hedging
- Global Sourcing Strategies
SUPPLIER RATINGS
- Categorical Method
- Cost Point Method
- Vendor Profile Analysis
CONTRACTS
- Introduction and Overview
- Elements of a Contract
- Duties and Obligations
- Types of Purchasing Contracts
Entry Qualification
Under Graduation | Working in Procurement | New to Procurement
Career Opportunities:
- Procurement
- Purchasing
- Buyer
- Supervisor
- Executive in Procumbent
- Supplier Management
- Sourcing
- Trading companies
- MNC buying companies
- Suppliers
- Vendors
Next Steps
This course is a step towards earning CPPM (Certified Professional Purchasing Manager) Certificate.