Every organization big or small depends on materials and services from other organizations to varying extents. These materials & services are obtained through exchange of money and the physical arrangement of it all.

This function of business is responsible for the coordination of planning, sourcing, purchasing, moving, storing and controlling materials in an optimum manner so as to provide service to the customers at a pre-decided level and minimum cost. This concept is coined as Purchasing & Material Management.

Why should one take this certification?

Earning Vskills Purchasing and Material Management Professional Certification can help candidate differentiate in today's competitive job market, broaden their employment opportunities by displaying their advanced skills, and result in higher earning potential.

Who will benefit from taking this certification?

This Course is intended for executives, senior executive and managers working in purchase or material management departments, wanting to excel in their chosen areas. It is also well suited for those who are already working and would like to take certification for further career progression.

Companies that hire Purchasing and Material Management Professionals

Vskills certified professionals will find job opportunities in top tier companies, various public and private sector companies required purchasing and material management professionals.

Purchasing and Material Management Blogs

Update your skills on purchasing and material management with our latest online blogs.

Purchasing and Material Management Jobs

Checkout the various job openings for purchasing and material management professionals, click here..

Purchasing and Material Management Internships

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

Apply for Purchasing and Material Management Certification

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TABLE OF CONTENT

Purchase Management

Objectives of Purchasing
Functions and responsibilities of Purchase Department
Methods of Purchasing
Purchase Organization Structure
JIT Purchasing
Agile Purchasing
Sustainable Purchasing
Green Purchasing

Strategic Management

What is Strategy
Organizational Strategy
Strategy Development
Strategic Management Process
Strategic Sourcing
Strategic Management Tools
Strategic Role of Purchasing
Procurement Portfolio Management
Kraljic Portfolio Purchasing Model

Sourcing Strategy

Sourcing Strategy Basics and Types
Low-cost Country Sourcing
Global Sourcing
Offshore Outsourcing
Outsourcing
Sourcing Advisory

Ethics in Procurement

What is Ethics?
Ethics and Procurement
Why Ethical
Ethical Concepts and Principles in Procurement
Unethical Practices Signs
Unethical Practices Prevention Tools
Ethical Procurement Requirements

Materials Management

Objectives of Materials Management
Functions of Materials Management
Organization of Materials Management
Need, Scope and Functions of Integrated Material Management

Material Planning

Need for Material Planning
Factors affecting Material Planning
Tools of Material Planning
Principles and Procedure for Material 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

Vendor Management

Supplier Strategy
System of Vendor evaluation
Parameters for evaluation of Vendors Performance
Social Audit
Total Evaluation
Vendor Negotiation
Guidelines for Purchases through Tender and Negotiations
Purchase Review

Contract Management

Contract Definition
Contract Elements
Indian Contract Act
Contract Management
Contract Lifecycle Management
Automating Contract Management
Change Management
Contract Compliance
Procurement and Contract Management
Purchase & Tender procedure

Material Classification, Standardisation and Codification

Material Classification for Variety Reduction
Basic Concepts of Codification
Systems of Codification
Classification by Codification
Objectives and Scope of Standardization
Simplification or Variety Reduction
Levels of Standardization

Inventory Management

Types of Inventory
Types of Inventory Costs and Factors affecting Inventory
Inventory Management Models
Techniques of Inventory Control
Inventory Performance Measurement
Inventory Management Tools

Forecasting

Introduction to Forecasting
Forecasting Models
Weighted Moving Average
Causal Forecasting Models
Linear Regression Analysis
Multiple Regression Analysis
Other Forecasting Methods
Forecast Error
Forecast Evaluations
Forecast Management

Quality Management and IT

Quality Management
Lean
5S
Quality Standards
Tally.ERP 9
SAP ERP
Cloud Computing

Certified Purchasing and Material Management Professional

How It Works

Test Details

Benefits of Certification