Certified Purchasing Professional Course
Date | Format | Duration | Fees (GBP) | Register |
---|---|---|---|---|
10 Feb - 12 Feb, 2025 | Live Online | 3 Days | £1975 | Register → |
12 Mar - 14 Mar, 2025 | Live Online | 3 Days | £1975 | Register → |
14 Apr - 18 Apr, 2025 | Live Online | 5 Days | £2850 | Register → |
12 May - 16 May, 2025 | Live Online | 5 Days | £2850 | Register → |
09 Jun - 13 Jun, 2025 | Live Online | 5 Days | £2850 | Register → |
07 Jul - 11 Jul, 2025 | Live Online | 5 Days | £2850 | Register → |
11 Aug - 15 Aug, 2025 | Live Online | 5 Days | £2850 | Register → |
Date | Venue | Duration | Fees (GBP) | Register |
---|---|---|---|---|
10 Mar - 14 Mar, 2025 | Dubai | 5 Days | £4200 | Register → |
07 Apr - 18 Apr, 2025 | Doha | 10 Days | £8025 | Register → |
07 May - 09 May, 2025 | Nairobi | 3 Days | £3525 | Register → |
04 Jun - 06 Jun, 2025 | Houston | 3 Days | £4125 | Register → |
07 Jul - 25 Jul, 2025 | Cape Town | 15 Days | £11200 | Register → |
06 Aug - 08 Aug, 2025 | Nairobi | 3 Days | £3525 | Register → |
03 Sep - 05 Sep, 2025 | Bangkok | 3 Days | £3375 | Register → |
Why Select this Training Course?
A purchasing professional is a specialised expert who assists organisations in procuring the most optimal items and services. They frequently operate within the domains of engineering, procurement, and supply chain management. A purchasing professional would assist an organisation in cost reduction by identifying the most optimal solution for your requirements while also ensuring that the product or service aligns with your precise needs. Purchasing experts frequently engage in a wide range of purchasing activities, including participating in contract bidding and overseeing supplier relationships. They possess prior expertise in manufacturing or company administration, or they might have received specialised training in procurement. Regardless of their background, a purchasing professional must possess the ability to effectively engage with colleagues inside an organisation and acquaint themselves with current industry trends.
This Rcademy Certified Purchasing Professional Course will equip you with the necessary skills, knowledge, and expertise to effectively perform essential roles in purchasing management for your organisation. This certification enables participants to comprehend the basics of purchasing, excel in negotiation strategies, and make valuable contributions to streamlined procurement procedures. Whether you are a novice in purchasing and procurement or looking to improve your skills, this programme thoroughly examines fundamental principles, tactics, and optimal methods.
What is the core competency of purchasing professionals?
Unpredictable risk in procurement can have disastrous consequences for a company’s performance if it is not properly controlled. Given the prevailing uncertainties stemming from escalating costs, geopolitical tensions, and climate change, procurement professionals face a multitude of risks that require careful management. In order to achieve that goal with optimal efficiency, it is imperative to have teams that possess exceptional skills and extensive expertise since they are important in ensuring the sustained success of enterprises even in the face of unpredictable conditions. Risk management is the systematic procedure of recognising, evaluating, and regulating financial, legal, strategic, and security risks that may affect an organisation’s capital and revenues. The potential hazards, also known as perils, can originate from a diverse range of origins, such as economic instability, legal obligations, missteps in strategic decision-making, unforeseen incidents, and environmental catastrophes.
What is purchasing as a profession?
A purchasing manager acquires products, commodities, or services that an organisation needs. In this supply chain management vocation, professionals have the responsibility of supervising the purchasing department and collaborating with other experts, including logistics managers and inventory specialists. This role involves more than just procuring products for corporate operations. Purchasing managers engage in contract negotiations with suppliers or vendors, evaluate shipping expenses, and establish specific terms for transportation. Their task includes conducting research to obtain competitive pricing from various suppliers, analysing delivery schedules for orders, and ensuring that the items or services satisfy specified quality standards and other necessary criteria. In order to excel in this task, purchasing managers must have a comprehensive understanding of their respective sectors. For instance, purchasing executives at a manufacturing firm must be aware of the quality criteria for the raw materials they acquire.
Who Should Attend?
This Rcademy Certified Purchasing Professional Course is suitable for:
- Auditors and compliance authorities tasked with the responsibility of verifying and guaranteeing strict conformity to industrial standards and benchmarks.
- Trainers and mentors seeking to educate professionals on fundamental skills for improved buying management
- Any other professional who is interested in learning more about purchasing or who intends to undertake the procedure for certification.
- Finance advisors accountable for auditing the financial and accounting aspects of your business.
- Buyers and Purchasing Specialists striving to improve their purchasing abilities and make valuable contributions to cost-efficient procurement.
- Supply chain professionals aiming to comprehend the procurement function and its influence on supply chain efficiency.
- Prospective procurement professionals who aim to enter the purchase and procurement industry and are in search of extensive training.
- Organizational leaders charged with the fundamental concepts of effective procurement for the purpose of business expansion.
What are the Course Objectives?
The core goals of this Rcademy Certified Purchasing Professional Course are to encourage professionals to:
- Develop comprehensive knowledge and information regarding the most effective methods and strategies in procurement management inside your organisation.
- Enhance confidence and comprehension in order to evaluate current procedures and systems and promptly implement modifications to mitigate potential hazards.
- Improve their expertise and talents to effectively handle any purchasing-related function within your organisation or sector.
- Learn enhanced knowledge, comprehension, and self-assurance to instruct fellow personnel on procurement processes.
- Enhance self-assurance, expertise, and comprehension in order to implement inventive proposals and cost-effective methodologies.
- Acquire the necessary expertise, understanding, practical know-how, and talents to effectively and successfully complete the requirements for the Certified Purchasing Professional certification.
- Boost their ability to anticipate and comprehend potential alterations, allowing them to proactively plan and execute smooth and effective procurement procedures.
- Utilise the right skills to assist organisations in reducing expenses through efficient cost-saving methods.
How will this Course be Presented?
This Rcademy Certified Purchasing Professional Course is developed based on the needs of the participants and is tailored to meet those needs while also improving their skills and knowledge. The training will be given using a variety of methods and techniques that will encourage active learning by the attendees. The teachers for the study are experts in the subject who have worked in the field for many years. The modules were created after a lot of study was done on the subject.
This Rcademy Certified Purchasing Professional Course includes lecture notes, videos, real-life examples, and lecture notes that teach both theory and practice. There will be presentations, quizzes, seminar workshops, case studies, and constant feedback on the lessons given to gauge the participants’ satisfaction.
What are the Topics Covered in this Course?
Module 1: Introduction to Purchase Management
- Purchase bill
- Vendor management
- Purchase order
- Purchase quotation
- Purchase planning
- Purchase return
- Purchase indent
Module 2: Strategic Sourcing and Supplier Management
- Benefits of effective sourcing management
- Integrated business planning
- Importance of integrated business planning
- Tips for integrated business planning
Module 3: Responsibilities of a Purchasing Manager
- Designing of purchasing strategies
- maintaining strong relationships with suppliers
- Supplier evaluation
- Pricing
- Keeps up with trends in procurement
- Scheduling and verifying purchase deliveries
- Identifying the need to purchase products
- Procurement planning
- Monitors and forecasts inventory levels
- Purchasing department
Module 4: Necessary Skills for a Purchasing Manager
- Negotiation mastery
- Market research expertise
- Vendor relationship management
- Analytical insight
- Risk assessment and mitigation
- Strategic thinking
- Communication proficiency
- Attention to detail
Module 5: Procure-to-Pay
- What is a procure-to-pay process?
- Steps in procure-to-pay process
- Best practices in the procure-to-pay process
- Procure-to-pay software and applicability
Module 6: General Purchasing Improvement Methods
- Centralise purchasing
- Plan for purchases
- Purchase locally
- Build long-term supplier relationships
- Explore outsourcing purchasing
- Ensure top management agreement
- Understand inventory carrying costs
- Use real-time demand to guide your supply chain management.
- Negotiate constantly
- Maintain a clear, documented purchasing strategy
- Ensure adequate training
Module 7: Challenges in the Purchase Planning Process
- Rising inflation
- Talent shortages
- Contract management
- Inaccurate data
- Absence of internal communication
- Risk management
- Supplier issues
- Absence of efficiency-enhancing technology
Module 8: Purchasing competencies and skills
- Negotiation
- Risk management
- Project management
- Relationship management
- Supplier relationship management
- Analytical skills
- Financial acumen
- Problem-solving
- Adaptability
- Category management
- Inventory management
- Supply chain management
- Communication
- Leadership
- Teamwork
- Technology aptitude
- Contract
- Finance
Module 9: Benefits of Purchase Management Software
- Reduced procurement costs
- Automation
- Budget management
- Automate purchase order creation
- Cost savings
- Simplifying approvals
- Inventory management
- Enhanced supplier relationships
- Improved visibility
Module 10: Trends and Technologies in Purchase Management
- Cloud technology accelerates
- Analytics
- Supply chain resilience
- Cybersecurity
- Risk management
- Robotic process automation
- Supplier management
- Internet of things
- Circular supply chains
- Sustainability
- Digital twins
- Inventory analytics