Certified Procurement Manager training course

Certified Procurement Manager

Available Dates

Venue

Jan-13-2025

Kuala Lumpur
Jan-13-2025

Istanbul
Jan-27-2025

London
Jan-27-2025

Amsterdam
Feb-03-2025

Barcelona
Feb-03-2025

Dubai
Feb-17-2025

Paris
Feb-17-2025

Singapore
Mar-10-2025

Kuala Lumpur
Mar-10-2025

Istanbul
Mar-31-2025

Amsterdam
Mar-31-2025

London
Apr-07-2025

Barcelona
Apr-07-2025

Dubai
Apr-21-2025

Paris
Apr-21-2025

Singapore
May-12-2025

Kuala Lumpur
May-12-2025

Istanbul
May-26-2025

London
May-26-2025

Amsterdam
June-02-2025

Barcelona
June-02-2025

Dubai
June-16-2025

Singapore
June-16-2025

Paris
June-30-2025

Dubai
June-30-2025

Barcelona
July-14-2025

Kuala Lumpur
July-14-2025

Istanbul
July-28-2025

London
July-28-2025

Amsterdam
Aug-04-2025

Barcelona
Aug-04-2025

Dubai
Aug-18-2025

Singapore
Aug-18-2025

Paris
Sep-08-2025

Istanbul
Sep-08-2025

Kuala Lumpur
Sep-29-2025

Amsterdam
Sep-29-2025

London
Oct-06-2025

Barcelona
Oct-06-2025

Dubai
Oct-20-2025

Paris
Oct-20-2025

Singapore
Nov-10-2025

Istanbul
Nov-10-2025

Kuala Lumpur
Nov-24-2025

Amsterdam
Nov-24-2025

London
Dec-01-2025

Barcelona
Dec-01-2025

Dubai
Dec-15-2025

Paris
Dec-15-2025

Singapore
Dec-29-2025

Dubai
Dec-29-2025

Barcelona

Course Details

Procurement plays a vital role in organizational success, directly impacting cost control, operational efficiency, and financial performance. The Certified Procurement Manager course is tailored for professionals who aim to enhance their expertise in procurement management, budgeting, and policy development. This comprehensive training provides participants with advanced skills in capital budgeting, cost management, and procurement strategy, ensuring alignment with legal, ethical, and operational standards.

Over five days, participants will gain practical insights into key areas such as investment appraisal techniques, cost control strategies, and developing procurement policies. The course also focuses on risk management, compliance, and creating KPIs to evaluate financial and non-financial performance. By the end of the program, attendees will be equipped to make informed procurement decisions that drive efficiency and support organizational goals.

By the end of the Certified Procurement Manager course, participants will:

Develop skills to manage procurement functions, including budgeting, pricing, compliance, and policy implementation.
Apply capital budgeting and investment appraisal techniques for effective project and procurement decision-making.
Manage and control costs using full costing, marginal costing, and activity-based costing (ABC) methods.
Establish and manage procurement budgets and create KPIs to monitor financial and non-financial performance.
Draft and implement procurement policies and ensure adherence to legal and ethical standards.
Develop strategies for managing procurement risk and perform regular audits and inspections to maintain compliance.

This Certified Procurement Manager course is ideal for professionals involved in procurement, budgeting, or financial decision-making, including:

Procurement Managers and Officers
Supply Chain Managers
Financial Analysts in Procurement
Purchasing and Procurement Specialists
Operations Managers
Anyone involved in procurement, budgeting, or financial decision-making within their organization

Course Outline

5 days course

Day 1

Day 2

Day 3

Day 4

Day 5

Capital Budgeting and Investment Appraisal

Understanding the time value of money
Exploring investment appraisal techniques:

Net present value (NPV)
Internal rate of return (IRR)
Payback period

Comparing and selecting the right appraisal technique
Discovering the use of sensitivity analysis in evaluating projects risks
Discussing strategic considerations in assessing capital projects
Guidelines for creating an effective capital budgeting framework

Full Costing, Marginal Costing, and Activity-Based Costing

Comparing full and marginal costing
Determining direct and indirect costs in budgeting for decision-making
Identifying cost’s role and impact on pricing strategies in procurement
Defining activity-based costing (ABC) and its role in cost management and control
Strategies for effective management of cost fluctuations and variances

Budget Construction and Control

Understanding the nature and purpose of budgets for planning and control
Discovering different types of budgets and budgeting techniques in procurement
Guidelines for creating key performance indicators (KPIs) for procurement:

KPIs for financial performance
KPIs for non-financial performance

Techniques and tools for building a budget in procurement
Discovering budgetary control and variance analysis techniques
Introduction to the balanced scorecard tool for non-financial measures

Policies and Procedures

Understanding the legal framework and ethical considerations in procurement
Describing vendor blacklisting process and legalities
Strategies for managing risk appetite in procurement decisions
Recognizing audit and inspection role in procurement and financial control
Guidelines for developing KPIs and SLAs for process development
Using KPIs for continuous improvement in procurement management

Implementing Policies and Procedures

Techniques for drafting clear and actionable policy statements
Exploring action words used for clarity in policy statements
Strategies for allocating responsibility and assigning roles in the procurement function
Steps for accrediting procurement processes to international standards
Guidelines and tactics to plan for effective implementation of policies
Developing personal action plans

Certified Procurement Manager

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Course Details

Course Outline

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