Optimize Global Procurement and Supplier Management Strategies
Optimize Global Procurement and Supplier Management Strategies
Optimize Global Procurement and Supplier Management Strategies
Course Overview
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Learners enrolled
CIPM
Certified International Procurement Manager
The Certified International Procurement Manager (CIPM) program provides comprehensive training in procurement leadership, strategic sourcing, supplier evaluation, negotiation, logistics, and procurement risk management. Participants learn how to develop procurement strategies, manage supplier relationships, evaluate procurement performance, and apply international trade and contract management practices effectively.
Through practical case studies, simulations, and real-world procurement exercises, the course strengthens decision-making, negotiation, and procurement planning capabilities. Learners will also gain expertise in procurement ethics, financial sourcing decisions, risk mitigation, and maintaining procurement compliance and documentation. The certification prepares professionals to manage modern procurement operations confidently within international business environments.
What You Will Learn
participants will be able to:
- Demonstrate exceptional leadership qualities in procurement
- Make strategic procurement financial decisions
- Apply effective negotiation techniques with suppliers
- Assess the performance of other junior procurement officials
- Drive the best and most sustainable procurement strategies
- Maintain procurement documents and records of the organization
Who Should Enroll
Team leaders, new supervisors, aspiring managers or anyone who foresees a career change in the logistics sector can opt for the course.
Skills You Will Build
- Logistics and Supply Chain Management Knowledge
- Transport Modes and Operations
- Supply Chain Coordination
- Route Planning and Optimization
- International Trade and Customs Procedures
- Environmental Awareness and Sustainability
- Time Management and Prioritization
- Assessing supplier
- Negotiation skills
- Procurement KPIs
- Supplier relationship management
- Risk management in procurement
- Awareness of international payment methods
Module 1 – Introduction to Purchasing
- World class purchasing
- The status of Purchasing & Supply Management (PSM)
- Creating strategic plans and tactics
- Planning procurement strategies & objectives
Module 2 – Logistics & Supply Chain
- What is Logistics
- Materials & Distribution Management
- Reverse logistics
- Understanding supply chain management
- Value Chain Analysis
- Supply Chain & Purchasing
Module 3 – Financial Decisions for Sourcing
- What is Price
- Buyers role in managing purchase prices
- Formulating financial strategies
- Supplier Pricing Decisions
- Price & Cost Analysis
- Standardizing Purchased Materials
Module 4 – International Trade
- Ocean Shipping Terminologies
- Freight Agents
- Methods of Payments (L/C)
- Incoterms 2020
Module 5 – Performance & Ethics
- Purchasing Performance Evaluation
- Purchasing Audit Approach
- Benchmarking & Rating
- Purchasing Ethics
- Ethics issues relating to suppliers
- Purchasing & Prevention of Fraud
Module 6 – Risk Management in Procurement
- What is Risk
- Procurement challenges
- Common types of procurement risks
- Dual challenges of Risk Management
- External & Internal Risk Factors
- Currency Risk Management
- Steps to Risk Mitigation
Module 7 – Introduction to Contracts
- What is a Contract
- Essentials of contract
- Managing contract compliance
- Maintaining procurement documents and records
Select a Batch Timeline
Please ensure you select both your preferred batch and time slot to confirm your enrollment.
No Upcoming Batches
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