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Fundamentals of Procurement Certificate

Procurement is a strategic role within a company that delivers significant value to business goals and objectives. It has moved beyond just processing the purchase order and following up on delivery dates. It is now a function that includes specifications development, value analysis, supplier market research, negotiation, buying activities, contract administration and inventory control. This certificate program will provide tools to improve procurement knowledge is areas of RFx strategies, cost and price, lifecycle sourcing, win-win negotiation and inventory optimization. Supply management professionals will continue to improve cost reduction and revenue generation within a company.

Earning a certificate is not the same as becoming a certified supply management professional. To learn more about the differences between certificates and certification, visit our certificates page.

Member Price: $540.00

List Price: $796.00
CERTIFICATE

Product Details

The program will have you complete 5 online courses followed by a 25 question quiz to attain a certificate.

This includes the following 5 courses:

  • RFx Strategies and Applications, Category Management 
  • Cost and Price Concepts
  • Getting Started with Sourcing
  • Preparing for Successful Negotiations
  • Inventory Management Product Rationalization

Completing these courses will help you:

1. Understand RFx strategies and applications that align with your company,
2. Establish cost and price concepts to allocate resources appropriately,
3. Discover sourcing best practices that provide a systematic connection through a product lifecycle,
4. Prepare for a successful negotiation that engages stakeholders and provides win-win outcomes,
5. Implement inventory management strategies to optimize results.
 
This certificate program will teach you the ins and outs of procurement. You’ll walk away with the knowledge you need to optimize your procurement strategy to help exceed your department goals.
  • CEH Credits
    5.0
  • Product Code
    CERT-PRE

Terms And Conditions

CERTIFICATES

ISM Promotions: ISM promotions are applicable to registrations where other promotions and discounts have not been applied. Any promotion that contains a deliverable by ISM shall be delivered upon the conclusion of the event and verification of your attendance. ISM reserves the right to substitute any promotion with equal or lesser value.

Cancellation of Certificates: Upon purchase, these courses are non-refundable.

Tax Deduction: The Internal Revenue Service may permit an income tax deduction to U.S. residents for expenses (including registration fees, travel costs, meals and lodging) incurred in pursuit of continuing professional education. Consult your tax adviser for details.

 

RESEARCH

Cancellation: Research purchases are non-refundable.

Intellectual property: This product and the data are protected by United States and International copyright and other intellectual property laws. You may use material on this site for your personal, non-commercial use only. You must obtain our express written permission to reproduce any part of the site or other intellectual property owned by us or to create a link to the site.

View full terms of service here.