Certified Procurement Manager

Certified Procurement Manager Online tutorial

Procurement Manager is responsible for managing a company’s sourcing capabilities and supply chain. They also strategize and negotiate with suppliers and vendors for acquiring the most cost-effective deals. Further, they discover the best ways for cutting procurement expenses. Let’s get into the details to become a proficient Procurement Manager

Roles and Responsibilities

Procurement Manager uses sourcing strategies and discovers profitable suppliers and initiates business and organization partnerships.
They have rights to approve the ordering of necessary goods and services. And, also finalize purchase details of orders and deliveries.
Procurement Manager also examines and tests existing contracts as well as they also track and report key functional metrics for reducing expenses.
Next, they also perform risk management for supply contracts and agreements. And, build a culture of long-term saving on procurement costs.
Procurement Manager develops procurement strategies that are inventive and cost-effective. And, build long-term relationships with vendors and suppliers.
Lastly, they also perform risk assessments and controls procurement budgets and promote a culture of long-term saving on procurement costs.

Vskills Certified Procurement Manager

Vskills Procurement Manager certification helps professionals and students to showcase their skills in procurement management. As every organization procures goods or services for providing end product or services to its customers. So, this certification will help candidates to enhance their skills and knowledge in procurement management. However, the role of managing procurement is a complex one as it demands a wide range of business skills and commercial expertise to succeed. This certification is best for professionals, managers, senior executives who are working in the procurement or purchase function of the organization.

Certified Procurement Manager Exam Process

Vskills being India’s largest certification providers gives candidates access to top exams as well as provides after exam benefits. This includes:

The certifications will have a Government verification tag.
The Certification is valid for life.
Candidates will get lifelong e-learning access.
Access to free Practice Tests.
Candidates will get tagged as ‘Vskills Certified’ On Monsterindia.com and ‘Vskills Certified’ On Shine Shine.com.

Certified Procurement Manager test details

Course Outline

Certified Procurement Manager covers the following topics –

Procurement Management

Cost and Value Analysis System

Negotiation Skills

Purchase Management System

Vendor Management

Materials Planning

Materials Budgeting

Material Classification, Standardization and Codification

Material Handling

Stores Management and Warehousing

Quality Management

Legal Framework

Future Developments

Preparation Guide for Vskills Certified Procurement Manager

Preparation Guide is the essential part of every exam that a candidate has to give most of the time. That is to say, without having the correct preparation resources will create difficulty while preparing for the exam. So, candidates need to do research and find the best resources available to get a better understanding of the exam. However, for the Certified Procurement Manager exam, some of the resources Vskills provide the resources that will help to prepare in a good way. This include:

Certified Procurement Manager study guide

Refer Exam Objectives

Exam objectives are important as it provides brief about the exam by diving the syllabus into topics that include various sections and subsections. Candidates should be to get all the content and topics related to the exam. As it provides a benefit to candidates to understand better during the preparation time. Doing this will help them to understand things more accurately. For the Certified Procurement Manager topics include:

Procurement Management
Cost and Value Analysis System
Negotiation Skills
Purchase Management System
Vendor Management
Materials Planning
Materials Budgeting
Material Classification, Standardization and Codification
Material Handling
Stores Management and Warehousing
Quality Management
Legal Framework
Future Developments

Vskills E-Learning

With E-learning for Vskills Certified Procurement Manager, candidates will get a better understanding of the content using the online learning material for a lifetime. Moreover, Vskills provides hard copy material that will help them in improving skills and staying up to date with the learning curve for getting better opportunities.

Refer: Certified Procurement Manager Sample Chapters

Books for Reference

Candidates should start taking help from reference books as it can provide an advantage for understanding things more accurately. However, for the Certified Procurement Manager exam, there are various books available which you can find online or in libraries. Some of the books are as follows:

The Procurement and Supply Manager’s Desk Reference Book by Fred Sollish and John Semanik
Purchasing and Supply Chain Management book by Brian Farrington and Kenneth Lysons

Evaluate yourself with Practice Test

It is important to understand that to get full perfection practice is essential. That is to say, candidates after completing a part of any topic should assess using the practice. This will provide a clear view of where they stand and help them to improve more. Moreover, with this, they can learn about their weak areas as well as answering skills. So, get prepared and become certified.