CIPP
Course Description
The IFPSM-certified Certified International Procurement Professional (CIPP) course is ideal for individuals seeking career growth in procurement. At Capsule Training Institute, we have covered everything from procurement in different sectors of the Economy, basics of negotiation to contract management and much more. That’s why our CIPP course is developed by industry experts to boost employability and increase earnings, up to 25%. In addition, we have guaranteed internships, Certified International Procurement Professional exam questions, revisions, scholarships, job assistance, and much more.
Recognitions
The Certified International Procurement Professional (CIPP) course at Capsule Training Institute holds accreditation from the International Federation of Purchasing and Supply Management (IFPSM), based in Finland. The IFPSM is a union of 44 National and Regional Purchasing Associations that sets the quality standards for supply chain and procurement educational programs. In addition, our courses have been approved by the Govt Authorities & International Certifying Organizations (ICO).
Learners Profile
CIPP is among the best certifications for procurement professionals. The Capsule Training Institute has meticulously designed this course to equip beginners and working professionals new to the industry. Below are the educational backgrounds, skills, and interests ideal for this program.
- Professionals transitioning to supervisory roles
- Those seeking a comprehensive understanding of procurement and purchasing processes
- Individuals moving from domestic to global procurement
- Professionals looking to enhance international procurement practices
- Those involved in Materials Management & Supply Chain activities
Course Content
Unit 1 – Introduction to Procurement
- Procurement Cycle
- Procurement System
- Procurement Steps
Unit 2 – International Procurement Planning
- Advance Purchase Planning
- Procurement Complexity
- Procurement Planning Content
Unit 3 – International Procurement Methods
- Price Competitive Approach
- Blanket Purchase Agreements
- Electronic Procurement
Unit 4 – International Sourcing
- Worldwide Sourcing
- Procurement – Offshore and Domestic
- International Trade Barriers
Unit 5 – Currency Risk & Management
- Managing Currency Risk in International Market
- Currency Adjustment Factors
- Currency Hedging
- Global Sourcing Strategies
Unit 6 – Supplier Ratings & Responsibility
- Categorical Method
- Weighted Point Method
- Vendor Prole Analysis
Unit 7 – Contracts Management
- Categorical Method
- Weighted Point Method
- Vendor Prole Analysis
- Introduction and Overview
- Elements of a Contract
- Duties and Obligations
- Types of Procurement
Unit 8 – Sources of Global Supply
- Order of Precedence
- Make or Buy?
- Lease Purchase Analysis
Unit 9 – Solicitation in International Procurement
- Solicitation Planning
- Written Solicitation
Unit 10 – Effective Negotiation Strategies
- Methods of Negotiation
- Steps in Negotiating
- Tools in Negotiating
- Types of Negotiations
Unit 11 – Ethics in Business
- Ethics Definition
- Importance and Value of Ethics
- Obligations
- Regulations and Legislations
Learning Outcomes
Upon completing the CIPP course at Capsule Training Institute, you will gain expertise in the following areas:
- Procurement Process Management: Learn how to efficiently handle the procurement process.
- Supply Base Management: Understand how to assess and manage your supplier base.
- Operational Alignment: Align procurement with your organisation’s operational needs.
- Supplier Relationship Building: Develop and maintain positive relationships with suppliers.
- Inter-departmental Collaboration: Learn to work effectively with other departments.
- Understanding Responsibilities: Gain insight into procurement responsibilities.
- Confident Application: Acquire the knowledge and confidence to apply procurement skills in various roles.
Career Opportunities
After completing the certified professional purchasing manager course online, offline, or hybrid, you become eligible for numerous career opportunities in management procurement, supplier management, trading companies, MNC buying companies, and more.
Some of these popular job roles are listed below.
- Purchasing Manager
- Buying Supervisor
- Sourcing Head
- Procurement Manager
- Supplier Relationship Manager
- Sourcing Manager
- Category Manager
- Materials Manager
- Supply Chain Manager
- Vendor Manager
- Senior Buyer
- Contracts Manager
Key Topics
Here are some of the key topics you’ll explore in the Certified International Procurement Professional certification course at Capsule Training Institute.
- Procurement Process: Understanding how goods and services are obtained efficiently.
- Make or Buy: Deciding whether to produce in-house or purchase externally.
- Purchasing Steps in International Procurement
- Supplier Evaluation: Assessing and choosing the right suppliers.
- Methods to evaluate and rank international suppliers.
- RFI, RFP, and RFQ: Different approaches to request information and proposals.
- Advance Procurement Planning
- Proactive Procurement
- Types of Contracts and Management
- Global Sourcing Benefits and Challenges
- Negotiation Process and Methods
- Personality Traits in Negotiation
- Solicitation in International Procurement
- Currency Risk and Mitigation Methods
- Impact of TCO in International Procurement: Considering the total cost of ownership in global procurement decisions
Course Duration
- 30 Training Hours
- 150 Gross Learning Hours
Entry Qualification
The Certified Professional Purchasing Manager course (CPPM) is suitable for:
- Must complete the CPP (Certified Purchasing Professional) course from APS.
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