- Methods of Purchasing
- Green Purchasing
- JIT Purchasing
- Purchase Organisation Structure
- Responsibilities and Functions of the Purchase Department
- Sustainable Purchasing
- Agile Purchasing
- Objectives of Purchasing
Certified Purchasing and Material Management Professional
Develop your management skills with the Certified Purchasing and Material Management Professional programme to become a successful Purchase and Material manager
Online
₹ 3,499
Quick facts
particular | details | |
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Medium of instructions
English
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Mode of learning
Self study
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Mode of Delivery
Video and Text Based
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Course overview
Material management, today, has the highest demand in the manufacturing industry since managing and procuring materials forms its backbone. As a result, material management graduates are a top choice for manufacturing industry recruiters.
Therefore, Vskills’ Certified Purchasing and Material Management Professional online training is designed for individuals looking to begin their career as a professional purchase manager or materials manager. The course curriculum takes you through a myriad of core and niche topics and makes you proficient in areas like purchasing, procurement, sourcing, planning, storing, and controlling the materials.
The online Certified Purchasing and Material Management Professional certification course also get you ready for the certification exam by providing you ample study material, in both hard and soft copy format.
Moreover, you get access to a plethora of practice tests and sample questions as part of your Vskills certification. After satisfactorily completing all the course modules and passing the final test, you will be awarded a government-approved course completion certificate, along with ‘Vskills Certified’ tag which you can use on employment platforms like Monster India and Shine.
The highlights
- Vskills Certified tags for Monsterindia.com
- Government certificate
- Lifelong e-learning access
- Certificate valid for life
- Call-back facility
- Online exam
- Vskills Certified tags for Shine.com
- Free practice tests
Program offerings
- Lifelong access to e-learning
- Online lms
- Hard copy of study material
- Vskills certified label
- Certificate valid for life
- Government certificate
- Free sample questions
- Practice test
Course and certificate fees
Fees information
To register in the online Certified Purchasing and Material Management Professional training, you will have to pay the required course fees. Here are the details regarding the amount:
Course | Fees |
Certified Purchasing and Material Management Professional | Rs. 3,499 |
There are many modes of payment available. You can purchase the course using a debit card, a credit card, or through net banking. Vskills accepts all Indian Bank debit cards as well as VISA/Amex/Master cards.
certificate availability
certificate providing authority
Eligibility criteria
To get your hands on the government-approved course completion certificate, you will have to attempt and clear the certification test. You can register for the certification test as soon as you have enrolled in the programme.
To practice for the exam, you have access to online e-learning material, as well as a hard copy of the study material. You can also use the free practice tests and sample questions made available to you by Vskills.
What you will learn
By the end of the online Certified Purchasing and Material Management Professional programme, you will gain proficiency in concepts and areas like:
- Purchase management, its types, goals, and methods
- Material planning, material management, Material budgeting, and material classification
- Quality management and various type of IT platforms like Lean, Tally ERP 9, SAP ERP, and 5S
- Inventory management, contract management, and vendor management
- Sourcing strategies, its styles, and outsourcing techniques
- Ethics in procuring materials, its goals, and its role in integrated material management
Who it is for
The Certified Purchasing and Material Management Professional online training programme is developed for the sole purpose of providing individuals with a way to excel in their areas of interest and to help them land a plum job in material management or purchase departments. The individuals in question include:
- Executives
- Senior Executives
- Managers
- Working professionals who would like to progress further in their career
Admission details
Step 1: Register or log in to the Vskills website via https://www.vskills.in/certification/
Step 2: Check the top of the homepage to find the search bar, type in the course name, “Certified Purchasing and Material Management Professional.”
Step 3: You will see the “Buy Now” option on the top and bottom of the course page. Click on the button to make the payment of the course fees.
Step 4: After landing on the payment gateway page, make the purchase using the payment mode of your choice. When done, you will join the certification programme.
Filling the form
You don’t have to fill and submit a separate application form for registering in the course. Just logging in using your credentials and making the payment for the course will suffice.
The syllabus
Purchase Management
Strategic Management
- Strategic Management Tools
- Strategic Role of Purchasing
- Procurement Portfolio Management
- What is Strategy?
- Strategy Development
- Strategic Sourcing
- Organisational Strategy
- Kraljic Portfolio Purchasing Model
- Strategic Management Process
Sourcing Strategy
- Low-cost Country Sourcing
- Sourcing Advisory
- Outsourcing
- Global Sourcing
- Sourcing Strategy Types and Basics
- Offshore Outsourcing
Ethics in Procurement
- Unethical Practices Prevention Tools
- What is Ethics?
- Ethical Procurement Requirements
- Why Ethical
- Ethical Principles and Concepts in Procurement
- Unethical Practices Signs
- Ethics and Procurement
Materials Management
- Functions of Materials Management
- Objectives of Materials Management
- Scope, Functions and need of Integrated Material Management
- The organisation of Materials Management
Material Planning
- Factors affecting Material Planning
- MRP reports: Database Maintenance and recording
- Basic Concepts of MRP (Material Requirements Planning)
- Procedure and Principles for Material Planning
- MRP Processing
- Dependent and independent MRP system
- Need for Material Planning
- Computer Application to MRP Process
- Tools of Material Planning
Materials Budgeting
- Materials Accounting and Budgeting
- Factors affecting the Materials Budget
- Basic Concepts in Materials Budgeting
Vendor Management
- Purchase Review
- Guidelines for Purchases through Negotiations and Tender
- Vendor Negotiation
- Total Evaluation
- Social Audit
- Parameters for evaluating the Vendors Performance
- System of Vendor evaluation
- Supplier Strategy
Contract Management
- Contract Compliance
- Contract Definition
- Contract Elements
- Indian Contract Act
- Change Management
- Contract Lifecycle Management
- Contract Management
- Contract Management and Procurement
- Purchase and Tender procedure
- Automating Contract Management
Material Classification, Codification, and Standardisation
- Scope and Objectives of Standardisation
- Levels of Standardisation
- Material Classifications for Variety Reduction
- Simplification of Variety Reduction
- Basic Concepts of Codification
- Classification by Codification
- Systems of Codification
Inventory Management
- Inventory Management Tools
- Inventory Performance Measurement
- Techniques of Inventory Control
- Types of Inventory
- Factors affecting Inventory and Types of Inventory Costs
- Inventory Management Models
Forecasting
- Causal Forecasting Models
- Forecast Management
- Other Forecasting Methods
- Introduction to Forecasting
- Forecast Evaluations
- Forecast Error
- Multiple Regression Analysis
- Forecasting Models
- Linear Regression Analysis
- Weighted Moving Average
IT and Quality Management
- Cloud Computing
- Quality Management
- Quality Standards
- SAP ERP
- Tally ERP 9
- Lean
- 5S
Evaluation process
You must pass the programme-end online test to avail the Certified Purchasing and Material Management professional certificate. The online certification test takes place every month, and you are free to choose the date as per your convenience. The test is for one hour, with total marks of 50, where you must score 25 (50%) to qualify. No negative marking applies to this test.
How it helps
Many companies in the modern industry require purchase managers to help them with planning, moving, sourcing, purchasing, storing and controlling materials efficiently. This allows them to provide the best customer service at the lowest possible cost.
That’s why earning a Vskills certificate is beneficial since it will bring you closer to such companies by allowing you to display the hard-earned, advanced purchase management skills. Also, the certification would help you stay ahead from the rest of your competition, and ensure that you are getting the highest pay package possible.
FAQs
Yes, if you reside outside India, you can still register and earn certificates for specific certifications as an international student. Make sure to check the certification tab under the international students’ page.
No, the certificate doesn’t have an expiry date. It has lifetime validity.
Vskills provides you with a ‘Vskills Certified’ tag which you can use on platforms such as Shine and Monsterindia. Additionally, you can showcase your skills using Vskills government-approved certificate.
No, you don’t have to pay extra for placement assistance.