Certified Purchase Manager

How It Works

  1. 1. Select Certification & Register
  2. 2. Receive Online e-Learning Access (LMS)
  3. 3. Take exam online anywhere, anytime
  4. 4. Get certified & Increase Employability

Test Details

  • Duration: 60 minutes
  • No. of questions: 50
  • Maximum marks: 50, Passing marks: 25 (50%).
  • There is NO negative marking in this module.
  • Online exam.

Benefits of Certification


$49.00 /-
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Why should I take Purchase Manager certification?

A purchase manager controls material handling and purchase functions while maintaining adequate and in-time purchase of the materials. He is responsible for economic-efficiency and quality of goods and services along with smooth functioning of operations and supply chain management. Purchasing is not just completing transactions, a successful purchasing is the one which yields good return on investment.

This course covers all the basic principles & practices of purchasing and supply chain management & will help you to achieve and implement an efficient purchasing system.

benefit from Purchase Manager certification?

You will learn how to design, build, and sustain a highly efficient purchasing & supply chain department & gain all the knowledge and practical skills needed to improve as a purchasing professional.

Study & Learn

  • Materials management & Planning
  • Material handling & Inventory management
  • Store management & Warehousing
  • Purchase management system
  • Value analysis
  • Quality control

Purchase Manager Table of Contents

https://www.vskills.in/certification/certified-purchase-manager-table-of-contents

Purchase Manager Tutorial

http://vskills.in/certification/tutorial/logistics-and-supply-chain-management/certified-purchase-manager/

Purchase Manager Sample Questions

https://www.vskills.in/certification/certified-purchase-manager-sample-questions

Purchase Manager Practice Test

https://www.vskills.in/practice/purchase-manager

Purchase Manager Interview Questions

https://www.vskills.in/interview-questions/purchase-manager-interview-questions

Companies that hire Purchase Managers

Vskills Certified Purchase Manager can get employment in various manufacturing units as well as in different companies like Shalimar Paints Ltd, Omaxe Limited, TeamLease Services Limited, Vatika Group, Adecco India, L&T.


Purchase Management Related Blogs

10 Best Purchase Manager Online Courses & Certifications

How to become a good purchase manager?

Jobs in Purchase Management

Checkout the various job openings in the field of Real Estate, click here..

Vskills Internships in Purchase Management

Vskills runs its flagship internship programme where bright interns work with academic council, click to know more details..

Apply for Purchase Manager Certification

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TABLE OF CONTENT

Materials Management
  • Objectives of Materials Management
  • Functions of Materials Management
  • Organisation of Materials Management
  • Need, Scope and Functions of Integrated Material Management
Materials Planning
  • Need of Materials Planning
  • Factors affecting Materials Planning
  • Tools of Materials Planning
  • Principles and Procedure for Materials Planning
  • Basic concepts of MRP (Material Requirements Planning)
  • MRP Processing
  • Computer Application to MRP Process
  • MRP reports - Database recording and maintenance
  • Independent and dependent MRP system
Materials Budgeting
  • Basic concepts of Materials Budgeting
  • Factors affecting Materials Budget
  • Materials Budgeting and Accounting
Material Classification, Standardization and Codification
  • Material classification for variety reduction
  • Material classification on the basis of Value Analysis
  • Basic concepts of codification
  • Systems of codification
  • Classification by codification
  • Objectives and scope of standardization
  • Simplification/Variety of reduction
  • Levels of standard
Material Handling
  • Importance and Objectives of Material Handling
  • Methods and Practices of Material Handling
  • Equipments for Material Handling
  • Containerizations
  • Waste Management - Surplus and Obsolete
  • Damage and Pilferage
  • Cost Analysis
Stores Management and Warehousing
  • Stores Functions and objectives
  • Types of Stores – Centralized and decentralized
  • Functions of stores
  • Stores Layout, Storage Media and Physical Verification
  • Factors affecting successful Store-keeping
  • Warehouse Management System (WMS)
  • Warehouse operating principles
  • Strategy for warehousing
  • Planning Warehouse distribution
  • Warehouse Layout
  • Automatic Warehousing
  • Schemes of Automatic Warehousing
Inventory Management
  • Types of Inventory
  • Types of Inventory Costs and factors affecting
  • Inventory Management Models – Deterministic and Probabilistic Models
  • Techniques of Inventory Control
  • Inventory Performance Measurement (Ratio Analysis)
Purchase Management System
  • Objectives of Purchasing
  • Functions and responsibilities of Purchase Department
  • Methods of Purchasing
  • Purchase Department Organization
  • JIT Purchasing – Prerequisites and Elements
Vendor Management
  • System of Vendor evaluation
  • Parameters for evaluation of Vendors Performance
  • Social Audit
  • Total evaluation – Purchasing Performance, Quantitative Objects etc
  • Guidelines for purchase through tender and negotiation tender committee
  • Purchase Review
Value Analysis System
  • Value Analysis – Procedure and Approach
  • Tools for Value Analysis
Negotiation Skills
  • Basic approaches for Negotiation
  • Strategy and Planning for Negotiation
  • Tactics of effective negotiation
Quality Control
  • Components and characteristics of quality
  • Objectives and functions of quality control
  • Acceptance sampling – Principles and Practices
  • Double and Multiple Sampling
  • OC and AOQ Curve
Stock Keeping and Accounting
  • Maintaining Database system
  • Preparing reports
  • Managing Queries
Legal Framework
  • The Indian Contract Act, 1872
  • The Sales of Goods Act, 1930
  • Special Purchase Contracts
  • Goods Delivery
 
COURSE OUTLINE

 


Material Management
  • Explains the concept of Material Manageent
  • Illustrates about the primary and secondary objectives of Material Management
  • Explains the functions of Material Management such as Material Planning, Scheduling, Inventory Control, Purchasing, Warehousing, Store Management etc
  • Illustrates the operational aspects of Materials Management
  • Describes the steps involved in organisation of Materials Management function
  • Explains the need, scope and functions of Integrated Materials Management
  • Describes the advantages of integrated Materials Management
Materials Planning
  • Explains the need for material Planning
  • Explains the internal and external factors affecting Material Planning
  • Illustrates the tools of Material Planning such as Bill of Material technique and Past Consumption Analysis Technique
  • Explains the principles and procedure involved in Material Planning
  • Explains the process involved in Material Planning
  • Explains the basic concepts of MRP such as lumpy demand, lead times, input to MRP, master production scheduling etc
  • Explains the Computer Application to MRP Process and its features
  • Explains the process involved in Database recording and maintenance in MRP system
  • Describes Independent and dependent MRP system
Materials Budgeting
  • Explains the basic concepts and techniques involved in drawing Materials Budget
  • Explains the factors governing Materials Budget such as past rate of consumption, investment pattern etc
Material Classification, Standardization and Codification
  • Explains the process of material classification for variety reduction
  • Explains the process of material classification on the basis of Value Analysis
  • Explains the basic concepts of codification
  • Illustrates the advantages and disadvantages of codification
  • Describes the system of codification such as Arbitrary system, Alphabetic system, Numerical system, Decimal system
  • Explains the process of marking of stores and process of maintaining store vocabulary
  • Explains the Classification by codification
  • Explains the objectives and scope of standardization
  • Illustrates the advantages and scope of standardization
  • Explains the different levels of standard such as individual, company, industry, national and international standards
  • Illustrates the concept of Variety of reduction, steps involved in variety control and different areas of variety reduction
Material Handling
  • Explains the importance and objectives of Material Handling
  • Explains the cost involved in material handling
  • Illustrates the methods and practices involved in Material Handling
  • Explains the methods involved in material handling
  • Illustrates types of materials, stages of handling, unloading methods, process of unitized loading
  • Describes the various equipments for Material Handling and procedure of selection of equipments
  • Explains the basic concepts of containerizations, types of containers and underlying issues
  • Explains the process of handling surplus and obsolete material
  • Describes the techniques of grouping of material and their disposal strategy
  • Explains the process of reducing damage and pilferage losses
  • Explains the process of material handling cost analysis involving examination of ratios for material handling labour, direct labour handling loss, movement/operation, manufacturing cycle efficiency etc.
Stores Management and Warehousing
  • Explains the various stores functions and the objectives of store management
  • Explains the relationship between stores and other departments
  • Explains the different types of stores – Centralized and decentralized
  • Illustrates the various functions of stores and the elements required for store organisation
  • Explains different types of stores layout, types of stores building, categorization of mediums for storage
  • Explains the need, purpose and procedure of physical verification of stock
  • Explains procedure of valuation of material issues
  • Explains the various factors affecting successful Store-keeping such as situation, layout, management, verification etc
  • Illustrates about the objectives of Warehouse Management System (WMS)
  • Explains the principles involved in operating a warehouse such as design criteria, handling technology and storage plans
  • Describes the integrated strategies for warehousing
  • Describes the steps involved in planning the warehouse distribution such as site selection, product mix consideration, material handling system etc
  • Describes the process of designing warehouse layout depending upon the product deterioration and pilferage protection
  • Explains the objectives and types of automatic warehousing
  • Describes the pre-condition for automatic material handling
  • Describes the various schemes of automatic warehousing
Inventory Management
  • Explains the different types of inventory depending on the type of material, availability and demand
  • Explains the different types of costs incurred in inventory management such as cost of ordering, inventory carrying cost and cost of shortage
  • Illustrates the various factors affecting inventory costs such as market characteristics, sales characteristics etc
  • Explains the various forms of deterministic inventory management models – Classic EOQ Model, EOQ Model with quantity discount, EOQ Model with safety stocks, EOQ Model with safety stocks and service level and EOQ Model with replenishment system
  • Explains the various forms of probabilistic inventory management models considering the impact of demand and lead time uncertainties
  • Illustrates the various techniques of Inventory Control such as ABC analysis, VED analysis, GOLF analysis, HML classification, SDE classification, FSN classification etc
  • Explains the dynamics of Inventory Performance Measurement through Ratio Analysis approach
Purchase Management System
  • Illustrates the fundamental objectives of Purchasing
  • Functions and responsibilities of Purchase Department in terms of studying the market and sources of supply
  • Illustrates the various methods of purchasing such as purchase made strictly by requirement, purchase done for a specified period, market purchasing, contract purchasing etc
  • Explains the basic structure and organsation of Purchase Department
  • Explains the elements of JIT production system such as waste elimination, workers dedication, TQM, parallel processing, e-commerce and JIT purchasing etc
  • Explains the prerequisites for JIT purchasing system
Vendor Management
  • Explains system of Vendor performance evaluation
  • Illustrates the parameters for evaluation of Vendors Performance
  • Explains the basic concept of Social Audit and internal provisions of Companies Act
  • Explains the evaluation of organisation climate, saving – Purchasing Performance of an organization in terms of etc
  • Explains the evaluation of Quantitative Objects in terms of minimization of material cost, maximization of cost reduction, adherence to operational budget etc
  • Illustrates the guidelines for purchase through tender and negotiation tender committee such as negotiation, delayed tenders, price preferences, price escalation etc.
  • Explains the procedure of purchase review and review of purchase order on the basis of value-wise analysis, time analysis, nature of tenders, purchase through negotiation etc.,
Value Analysis System
  • Explains the aim and application of value analysis
  • Explains the procedure and phases of analysis involving information phase, speculative phase, analysis phase, planning phase, summary and execution phase.
  • Explains the advanced tools used in Value analysis approach
Negotiation Skills
  • Explains the basics of negotiation such as why and when negotiation takes place
  • Explains the strategies and the steps involved in negotiation such as assessing the vendor, customer related factors, competitors related factors, company policies etc
  • Illustrates the various tactics and guidelines that a negotiator must follow at the time of purchase
  • Explains the techniques of purchase negotiation
Quality Control
  • Explains the various components and characteristics of quality in terms design, specification, availability, after sale service etc
  • Explains the reasons and types of quality losses in terms of tangible and intangible losses
  • Illustrates the objectives and functions of quality control in terms of specifications, manufacture control, design audit, quality review and quality planning etc
  • Explains the concepts of acceptance sampling – sampling plans, lot acceptance and acceptance control techniques etc
  • Explains the procedure of double and multiple Sampling
  • Illustrates the analysis and interpretation of OC and AOQ Curve
Stock Keeping and Accounting
  • Explains the procedure of maintaining record in the database system and working of the system
  • Describes the various types of reports and methods of their preparation
  • Explains the steps involved in generating computer outputs
  • Illustrates the process of managing queries
Legal Framework
  • Defines a contract and requirements of a valid contract
  • Illustrates the different types of contracts such as oral and written, express and implied contracts, bilateral and unilateral contracts etc
  • Explains the reasons for termination of contracts such as termination by performance, by release, by impossibility of performance, by mutual agreement, by novation etc
  • The Indian Contract Act, 1872
  • The Sales of Goods Act, 1930
  • Explains the special purchase contracts such as rate contract, works contract and hire-purchase contract
  • Explains the process involved in Goods Delivery and consideration made at the time of delivery such as quality of delivery, time of delivery, etc

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