Certified Purchasing & Procurement Manager (CPPM)
The Certified Purchasing & Procurement Manager (CPPM) program is a comprehensive training designed to equip individuals with the knowledge and skills needed to excel in the field of purchasing and procurement management. In today’s global business environment, efficient procurement and supply chain management are essential for optimizing costs, ensuring timely deliveries, and driving organizational success. This certification empowers participants to understand purchasing and procurement principles, master negotiation techniques, and contribute to streamlined supply chain operations. Whether you’re new to purchasing and procurement or seeking to enhance your expertise, the CPPM program offers a comprehensive exploration of core concepts, strategies, and best practices.
Certifying Objectives:
Upon successful completion of the Certified Purchasing & Procurement Manager (CPPM) program, participants will achieve the following objectives:
- Introduction to Purchasing and Supply Management: Grasp the foundational principles of purchasing and supply chain management, including understanding the strategic role of procurement.
- Materials Management: Acquire skills in managing materials effectively, from sourcing to inventory management, to ensure uninterrupted production and operations.
- Fundamentals of Purchasing and Supply Management: Understand key concepts such as supplier selection, sourcing strategies, and demand forecasting to optimize procurement processes.
- Price/Cost Analysis and Negotiation Strategies: Develop proficiency in analyzing prices and costs, and learn negotiation strategies to secure favorable terms with suppliers.
- Special Purchasing Applications: Learn about specialized purchasing scenarios, such as global sourcing, ethical considerations, and risk management in procurement.
- Advanced Logistics and Supply Chain Management: Acquire advanced knowledge of logistics, transportation, and supply chain optimization to enhance overall operational efficiency.
Certification Requirements:
- Bachelor’s Degree
And/or
- 2 – 5 years of relevant work experience
Certifying Examination:
- To be certified as CPPM, student should take up a 1.5 hours online exam conducted by AIBM.
- The qualifying exam would consist of 50 multiple choice questions, testing core certification modules.
- Professionals with relevant experience and other qualifying criteria may be exempted from the examination.
Certification Modules:
Module 1: Introduction to Purchasing and Supply Management
Module 2: Materials Management
Module 3: Fundamentals of Purchasing and Supply Management
Module 4: Price/Cost Analysis and Negotiation Strategies
Module 5: Special Purchasing Application
Module 6: Advanced Logistics and Supply Chain Management
* The modules of this certification are constantly updated and are subject to change.
Who Should Do This Certification:
The Certified Purchasing & Procurement Manager (CPPM) certification is designed for a diverse range of professionals seeking to excel in purchasing and procurement management:
- Purchasing Managers and Officers: Those responsible for overseeing procurement processes, supplier relationships, and cost optimization.
- Supply Chain Professionals: Individuals looking to enhance their expertise in supply chain management and procurement strategies.
- Materials Managers: Professionals focused on efficiently managing inventory and materials to support production.
- Sourcing Specialists: Those interested in sourcing strategies, supplier selection, and negotiation for better procurement outcomes.
- Aspiring Procurement Managers: Individuals aspiring to enter the field of purchasing and procurement management and seeking comprehensive training.
- Organizational Leaders: Managers interested in understanding the key principles of successful procurement and supply chain management for business growth.
Embark on the journey of achieving the CPPM certification to refine your purchasing and procurement management skills, contribute to efficient supply chain operations, and play a significant role in driving cost-effective procurement and business success within your organization and industry.