Introduction:

This training program is designed to prepare participants for the certification exam only.

This training program is designed to provide participants with a comprehensive understanding of purchasing principles and practices. It focuses on developing key skills for effective procurement, supplier management, and ethical decision-making in purchasing.

Program Objectives:

By the end of this program, participants will be able to:

Understand core principles and terminology related to purchasing and supply chain management.
Develop effective procurement strategies that enhance organizational performance.
Navigate legal frameworks and ethical considerations in purchasing practices.
Evaluate supplier performance and manage relationships effectively.
Prepare thoroughly for the CPP certification.

Target Audience:

Procurement professionals seeking certification.
Mid-level managers in purchasing and supply chain roles.
Administrative professionals involved in procurement activities.
Business owners or entrepreneurs engaged in purchasing functions.
Employees aspiring to advance their careers in purchasing management.

Program Outline:

Unit 1:

Fundamentals of Purchasing and Procurement:

Define key concepts and terminology in purchasing and procurement.
Explore the role of procurement in organizational success.
Understand the procurement process from needs assessment to contract execution.
Discuss the importance of supplier relationships in achieving business objectives.
Analyze various purchasing methods and their implications for organizations.

Unit 2:

Strategic Sourcing and Supplier Management:

Examine the strategic sourcing process and its impact on cost savings.
Develop effective supplier evaluation and selection criteria.
Understand the negotiation process and its role in procurement.
Explore best practices for managing supplier relationships and performance.
Discuss the importance of sustainability and ethical considerations in sourcing.

Unit 3:

Legal Aspects and Ethical Considerations in Purchasing:

Review key legal frameworks governing purchasing practices, including contracts and compliance regulations.
Understand the implications of international trade laws on procurement.
Explore ethical issues in purchasing, including transparency and conflict of interest.
Discuss the role of procurement professionals in ensuring compliance and managing risks.
Analyze case studies that highlight ethical dilemmas in purchasing decisions.

Unit 4:

Performance Measurement and Risk Management:

Identify key performance indicators (KPIs) for assessing procurement effectiveness.
Explore risk assessment techniques in purchasing and supply chain management.
Discuss the relationship between procurement strategies and organizational performance.
Learn how to develop risk mitigation strategies related to supplier relationships.
Analyze the impact of governance on procurement processes and outcomes.

Unit 5:

Preparing for the CPP Certification Exam:

Overview of the CPP certification exam structure and question formats.
Identify key topics and areas of focus for effective exam preparation.
Review sample questions and their potential answers.
Provide resources and materials for further study and exam readiness.

Note: This program is designed to prepare participants for the certification exam only.

Certified Purchasing Professional CPP