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:
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Understand key concepts and principles of international purchasing management.
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Develop effective procurement strategies and supplier evaluation processes.
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Analyze logistics and inventory management practices within the supply chain.
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Recognize the importance of sustainability and ethical considerations in purchasing.
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Prepare effectively for the CIPM certification exam.
Target Audience:
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Procurement professionals seeking certification.
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Mid-level managers in purchasing and supply chain roles.
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Administrative professionals involved in procurement activities.
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Business owners or entrepreneurs engaged in purchasing functions.
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Employees aspiring to advance their careers in international procurement.
Program Outline:
Unit 1:
Fundamentals of Purchasing Management:
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Define international purchasing management and its significance in business.
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Explore the role of supply chains in organizational success.
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Discuss vertical and horizontal integration in supply chain operations.
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Understand the procurement cycle and its impact on business performance.
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Analyze different purchasing methods and their implications for organizations.
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Review the relationship between purchasing and overall business strategy.
Unit 2:
Logistics and Inventory Management:
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Examine the key components of logistics management and its importance.
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Discuss product characteristics and their impact on logistics decisions.
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Understand optimal transportation choices and their cost implications.
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Explore various costs associated with inventory management, including safety stock.
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Learn about Just-In-Time (JIT) practices and inventory control strategies.
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Analyze the implications of MTS (Make to Stock) and MTD (Make to Order) strategies.
Unit 3:
Supplier Management and Evaluation:
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Discuss the importance of supplier relationship management in procurement.
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Develop effective supplier evaluation and selection criteria.
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Explore advanced procurement planning techniques and practices.
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Understand the role of negotiation strategies in supplier agreements.
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Review the significance of compliance and risk management in supplier relations.
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Analyze case studies highlighting successful supplier management practices.
Unit 4:
Sustainability in Supply Chain Management:
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Define sustainability in the context of supply chain operations.
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Explore the triple bottom line approach: people, planet, and profit.
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Discuss the importance of reverse logistics and its impact on sustainability.
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Analyze the benefits of implementing sustainable procurement practices.
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Review current trends and innovations in sustainable supply chains.
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Understand the role of corporate social responsibility (CSR) in procurement.
Unit 5:
Preparing for the CIPM Certification Exam:
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Overview of the CIPM certification exam structure and question formats.
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Identify key topics and areas of focus for effective exam preparation.
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Review sample questions and their potential answers.
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Provide resources and materials for further study and exam readiness.