Certified International Purchasing Professional / Manager
(CPP – CPPM)
The CPP – CPPM s meant for all purchasing professionals who need the right credentials and skills to set themselves firmly on the road of success. This course helps a professional to understand the basic tenets of international sourcing, procurement and risk management. This course is ideal for procurement and supply chain professionals who are already working in the procurement department of any organization and need a certification for a promotion or to validate their knowledge and professionalism.
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INTRODUCTION TO PURCHASING
- Purchasing cycle
- Purchasing system
- Purchasing steps
PROCUREMENT PLANNING
- Advance purchase planning
- Purchasing complexity
- Procurement planning content
PROCUREMENT METHODS
- Price competitive approach
- Blanket purchase agreements
- Electronic procurement
NEGOTITATION STRATEGIES
- Steps in negotiating
- Tools in negotiating
- Types of negotiations
CONTRACTS
- Introduction and overview
- Element of a contract
- Duties and obligations
- Types of purchasing contracts
SOURCES OF SUPPLY
- Order of precedence
- Make or buy
- Lease purchase analysis
SOLICITATION
- Solicitation planning
- Written solicitation
SUPPLIER RATINGS
- Categorical method
- Cost point method
- Vendor profile analysis
INTERNATIONAL SOURCING
- Overview of world wide sourcing
- Offshore and domestic purchasing
- Trade barriers
- Currency risk management
- Currency adjustment factors
- Currency hedging
- Global sourcing strategies
SUPPLY CHAIN MANGEMENT
- Supply chain management and business linkage
- Procurement and supply chain
STRATEGIC SOURCING
- Strategic Role of Procurement
- Principles of strategic sourcing
- Benefits if strategic sourcing
VENDOR LIFE CYCLE MANAGEMENT
- Strategic considerations for vendor development
- Supply base optimization
- Early supplier involvement
- Vendor development
- Partnerships
PROCUREMENT STRATEGICS
- Buying consortium
- Outsourcing
- Purchasing portfolio – the Kraljic matrix
- Procurement pitfalls
COSTING AND PRICING
- Price analysis
- Cost analysis
ASSESSING FINANCIAL HEALTH OF SUUPLIERS
- Financial statements and trend analysis
- Ratio analysis
LIFE CYCLE COSTING
- Elements of total cost of ownerships
- Discounted cash flow
- Net present value
INTERNATIONAL TRADE
- INCOTERMS
- International trade payments
- Letter of credit international trade documents
RISKS IN PROCUREMENT
- Identifying risks in procurement
- Strategic, process level and operational risks
- Risk management