The Certified Purchasing & Procurement Professional (CPPP) program is a comprehensive training designed to equip individuals with the knowledge and skills needed to excel in the field of purchasing and procurement. In today’s complex business environment, effective procurement practices are crucial for optimizing costs, ensuring product availability, and contributing to overall business success. This certification empowers participants to understand purchasing fundamentals, master negotiation techniques, and contribute to efficient procurement processes. Whether you’re new to purchasing and procurement or seeking to enhance your expertise, the CPPP program offers a comprehensive exploration of core concepts, strategies, and best practices.
Certification Objectives:
Upon successful completion of the Certified Purchasing & Procurement Professional (CPPP) program, participants will achieve the following objectives:
- Introduction to Purchasing and Supply Management: Grasp the foundational principles of purchasing and supply 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.
Certification Requirements:
- Bachelor’s Degree
And/or
- 2 – 5 years of relevant work experience
Certifying Examination:
- To be certified as CPPP, 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: Fundamentals of Purchasing and Procurement
- Module 2: Strategic Sourcing and Supplier Management
- Module 3: Contract Management and Negotiation
- Module 4: Supplier Performance Management
- Module 5: Procurement Risk Management
- Module 6: Procurement Ethics and Compliance
* The modules of this certification are constantly updated and are subject to change.
Who Should Do This Certification:
The Certified Purchasing & Procurement Professional (CPPP) certification is designed for a diverse range of professionals seeking to excel in purchasing and procurement:
- Procurement Officers: Those responsible for executing procurement processes, managing supplier relationships, and ensuring timely supply.
- Buyers and Purchasing Specialists: Individuals looking to enhance their purchasing skills and contribute to cost-effective procurement.
- Supply Chain Professionals: Professionals interested in understanding the procurement function and its impact on supply chain efficiency.
- Aspiring Procurement Professionals: Individuals aspiring to enter the field of purchasing and procurement and seeking comprehensive training.
- Organizational Leaders: Managers interested in understanding the key principles of successful procurement for business growth.
Embark on the journey of achieving the CPPP certification to refine your purchasing and procurement skills, contribute to effective procurement practices, and play a significant role in driving cost optimization and business success within your organization and industry.