Total Procurement Management: Unlock Your Potential

Course overview

The Certified Procurement Management Professional Course covers sourcing, negotiating, and choosing the products that a company needs. How products are chosen and purchased from vendors is specified by a procurement management procedure. It includes placing an order, receiving the products, inspecting them, and giving your approval.

The interaction one has with suppliers and other vendors has a significant impact on this process. What does a professional in procurement management do?

A procurement management specialist has the knowledge and experience necessary to independently and successfully oversee the whole procurement process, guaranteeing that high standards are upheld for all commodities while adhering to strict deadlines for production and customer delivery.

You will get knowledge and awareness of all the tasks required for efficient procurement management through this TraineeBee training course.

This course will provide you the tools you need to independently develop and implement a seamless procurement management system for your company, showcasing your abilities and potential for taking on more challenging positions and responsibilities that will advance your career.

You will also be able to contribute to the procurement process in any industry thanks to the knowledge and information you will have acquired via this course, giving you the flexibility to work in any sector.

Introduction

Procurement management is the process of planning, organizing, directing, and controlling the activities related to the acquisition of goods and services. It involves procuring the right product or service at the right time, in the right quantity, at the right quality, and at the right price. The primary objective of procurement management is to ensure that the organization is able to meet its needs in an efficient and cost-effective manner. Procurement management is a critical component of an organization’s supply chain management and is essential for optimizing the organization’s resources. It involves a careful analysis of the organization’s requirements, obtaining quotes from different suppliers, negotiating terms and conditions, and selecting the best supplier for the organization.

We are The Training Bee, a global training and education firm providing services in many countries. We are specialized in capacity building and talent development solutions for individuals and organizations, with our highly customized programs and training sessions.

Learning Objectives

Upon completing Total Procurement Management: Unlock Your Potential, participants will be able to:

• Full knowledge and grasp of supply chain management’s procurement processes and functions
• The knowledge and expertise necessary to build up a smooth, efficient procurement management process for your business, demonstrating your capacity to handle more challenging duties and responsibilities.
• Savvy negotiating techniques to obtain the greatest raw materials or products at the best rates
• The requisite expertise and knowledge to acquire products and raw materials from the finest suppliers; the required abilities to preserve positive relationships with suppliers in order to obtain high-quality items at the best pricing and on schedule

Our Unique Training Methodology

This interactive course comprises the following training methods:

• Role-playing – Participants will take part in several roleplays and understand practical ways of solving issues.
• Journaling – This consists of setting a timer and letting your thoughts flow, unedited and unscripted recording events, ideas, and thoughts over a while, related to the topic.
• Social learning – Information and expertise exchanged amongst peers via computer-based technologies and interactive conversations including  Blogging, instant messaging, and forums for debate in groups.
• Project-based learning
• Mind mapping and brainstorming – A session will be carried out between participants to uncover unique ideas, thoughts, and opinions having a quality discussion.
• Group discussions – The course will incorporate group discussions and debates to encourage active participation and collaboration.

Case studies – Participants will be presented with realistic scenarios and case studies that demonstrate effective strategies related to the topic. These activities will encourage participants to think critically and apply their knowledge to real-life situations.

Training Medium

This Total Procurement Management: Unlock Your Potential training is designed in a way that it can be delivered face-to-face and virtually.

Course Duration

This training is versatile in its delivery. The training can be delivered as a full-fledged 40-hour training program or a 15- hours crash course covering 5 hours of content each day over 3 days

Pre-course Assessment

Before you enroll in this course all we wanted to know is your exact mindset and your way of thinking.
For that, we have designed this questionnaire attached below.

• What knowledge and skills will I gain from this course?
• What type of procurement management roles can I pursue after completing this course?
• How will this course help me to develop my procurement management career?
• What types of procurement strategies and best practices will I learn in this course?
• What type of work experience is required to become a certified procurement management professional?
• What types of career opportunities are available to certified procurement management professionals?

Course Modules

This Total Procurement Management: Unlock Your Potential covers the following topics for understanding the essentials of the Agile Workplace:

Module 1 – The Certified Procurement Professional Exam in Brief

• History
• Scope
• Duration

Module 2 – A description of the procurement and supply chain management roles

• Activities in supply chain management
• Strategic cost management and logistics
• Management of risk

Module 3 – Guidelines for Purchasing

• Transparency
• Integrity
• Economy
• Openness

Module 4 – The Top Four Procurement Management Procedures

• Preparing, purchasing, and managing
• Carrying out purchases
• Regulating purchases

Module 5 – Important Procurement Ideas

• Backwards auctions
• Contract to Pay
• Provider to pay

Module 6 – Crucial Stages in the Purchasing Process

• Conduct a requirements analysis internally
• Analyze the market for suppliers
• Gathering supplier data
• Create a sourcing/outsourcing plan.

Module 7 – Different Levels of Procurement Maturity

• Reactive
• Proactive
• Strategic joint value

Module 8 – Components of a Procurement Plan That Are Required

• Purchasing group
• Item specifications
• Supplier choice

Post-course Assessment

Participants need to complete an assessment post-course completion so our mentors will get to know their understanding of the course. A mentor will also have interrogative conversations with participants and provide valuable feedback.

• What key skills or knowledge did you gain from taking the Certified Procurement Management Professional Course?
• What did you find to be the most difficult aspect of the course?
• How did the course help you to become more efficient in the procurement process?
• What advice would you offer to someone considering taking the Certified Procurement Management Professional Course?
• What new strategies or techniques did you learn that you can apply to your procurement role?
• What are your thoughts on the use of technology in procurement?

Lessons Learned

The Certified Procurement Management Professional Course has reinforced the importance of understanding procurement management principles, policies, and procedures. It has also highlighted the value of communication, collaboration, and knowledge sharing in successful procurement management. Finally, it has shown the importance of having an ethical and responsible attitude towards procurement management, in order to protect the interests of stakeholders and ensure the successful completion of projects.

“ You may ‘procure’ career success with the Certified Procurement Management Professional Course! “