Certified International Purchasing Manager CIPM

Overview:

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 international purchasing management principles and practices. Participants will learn essential skills for effective procurement, supplier management, and sustainability in supply chains.

Program Objectives:

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

• Understand key concepts and principles of international purchasing management.

• Develop effective procurement strategies and supplier evaluation processes.

• Analyze logistics and inventory management practices within the supply chain.

• Recognize the importance of sustainability and ethical considerations in purchasing.

• Prepare effectively for the CIPM certification exam.

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 international procurement.

Program Outline:

Unit 1:

Fundamentals of Purchasing Management:

• Define international purchasing management and its significance in business.

• Explore the role of supply chains in organizational success.

• Discuss vertical and horizontal integration in supply chain operations.

• Understand the procurement cycle and its impact on business performance.

• Analyze different purchasing methods and their implications for organizations.

• Review the relationship between purchasing and overall business strategy.

Unit 2:

Logistics and Inventory Management:

• Examine the key components of logistics management and its importance.

• Discuss product characteristics and their impact on logistics decisions.

• Understand optimal transportation choices and their cost implications.

• Explore various costs associated with inventory management, including safety stock.

• Learn about Just-In-Time (JIT) practices and inventory control strategies.

• Analyze the implications of MTS (Make to Stock) and MTD (Make to Order) strategies.

Unit 3:

Supplier Management and Evaluation:

• Discuss the importance of supplier relationship management in procurement.

• Develop effective supplier evaluation and selection criteria.

• Explore advanced procurement planning techniques and practices.

• Understand the role of negotiation strategies in supplier agreements.

• Review the significance of compliance and risk management in supplier relations.

• Analyze case studies highlighting successful supplier management practices.

Unit 4:

Sustainability in Supply Chain Management:

• Define sustainability in the context of supply chain operations.

• Explore the triple bottom line approach: people, planet, and profit.

• Discuss the importance of reverse logistics and its impact on sustainability.

• Analyze the benefits of implementing sustainable procurement practices.

• Review current trends and innovations in sustainable supply chains.

• Understand the role of corporate social responsibility (CSR) in procurement.

Unit 5:

Preparing for the CIPM Certification Exam:

• Overview of the CIPM 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.