Purchasing Management
Purchasing Managers are responsible for managing the procurement of goods and services for a business or organization. They oversee the purchasing process, including researching and evaluating potential vendors, negotiating contracts and terms, and monitoring the performance of existing vendors. Purchasing Managers also manage the purchasing staff and ensure that the purchasing department meets its budget, timelines, and quality standards. They may also be responsible for inventory management and the development of new purchasing strategies.
Is This the Right Career for You?
Purchasing management is a great career option that provides the opportunity to work in an exciting and rewarding field. If you are looking for a career that offers a good salary, strong job security, and the chance to make a lasting impact on a company, then purchasing management may be the right choice for you. Purchasing managers work with vendors to ensure that the company obtains the best prices and terms for the products and services that they need. They also manage purchasing contracts and ensure that the company is in compliance with all relevant laws. Additionally, they work to develop and maintain relationships with vendors, while also negotiating contracts and monitoring inventory levels. With the right experience and qualifications, purchasing managers can find job opportunities in a variety of industries.
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6 Reasons to Complete Your Purchasing Management Training With Us
Flexibility
With our programs, you can learn and study at your own pace with access 24/7/365 for the duration of your program. This means you can learn on your own terms and work around your own schedule.
Support
Our online training comes with access to real, live support personnel that will help you through every step from our admissions adviser who will assist you with selecting the right training for you, to our student adviser who will be there with you during your entire training journey.
Relevancy
We have tailored our programs to provide comprehensive training in the technical and soft skills employers are looking for. With direct input and feedback from industry leaders and hiring managers, our program aligns with exactly what you need to successfully enter the workforce.
Certification
Our career training not only gives you the knowledge you need but preparation for the certification exams relevant to your desired career path. If you are pursuing an exciting new career in a field with a national certification, our program will both prepare you to sit for the exam but will often include a voucher for the exam cost.
Simulations and Case Studies
Our training programs have been developed with real learners and professionals in mind, so our programs incorporate real-world case studies and virtual simulations that will provide examples and interactions with real-life situations you may encounter during your career. These allow you to learn by experience with circumstances similar to what will be your daily responsibilities on the job.
Engaging and Interactive
Our training curriculum was developed with you in mind, looking at modern day learners and their needs. Our curriculum contains a mix of formats including reading, listening, watching, and interacting that will immerse you into a fun and engaging learning experience you will not only enjoy but not want to end.
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Program Description
The Purchasing Management online program is for anyone working in or interested in working in purchasing, supply chain management, or procurement. The Certificate in Purchasing Management will introduce you to the essentials of the supply chain process, management, purchasing, and contracting issues. This program is made up of five modules covering all of the necessary skills required for Purchasing Management. In this course the student will learn the fundamentals of the purchasing function in the context of efficiency and organization. Topics such as the administrative aspects of purchasing, purchasing methodologies, and optimization strategies are explored. In this module students are introduced to the various aspects of the supply chain environment including enterprise resource planning systems and requirement systems. The interrelationships between purchasing, vendor selection, sources of supply, and the role of technology are also explored in this course so that a student understands the integrated approach to planning, acquisition, flow, and distribution from raw materials to finished products. In this module you are introduced to the fundamentals of the budgeting process including understanding not only how to prepare a budget but how to manage a budget within the context of a hierarchical organizational structure. You will be exposed to the various components of a budget and how they work together as well as how to prepare, organize, and structure your budget using basic financial statements. Persuasive communication is essential not only for selling the products or services of the business but for obtaining financing and running daily operations. This module will provide students with the opportunity to gain confidence and improve their communication skills. Even the most skilled communicators can always learn additional techniques for success. In this module students will be introduced to principles that guide how suppliers are selected to provide goods and services through the various phases of the procurement process. This is an excellent course to gain an understanding of RFPs, responses, and contract bid work.
The Purchasing Management online program is for anyone working in or interested in working in purchasing, supply chain management, or procurement. The Certificate in Purchasing Management will introduce you to the essentials of the supply chain process, management, purchasing, and contracting issues
• Discuss the importance of internal and external relationships in managing suppliers and developing a sourcing strategy
• Articulate ways to enhance communication across the supply chain
• Manage and continuously improve supplier performance
• Determine the effects of e-procurement on supply management
• Identify and manage supply risk, measure performance, and overcome organizational barriers to supply chain excellence
• Understand the need for leadership and diversity within the supply chain
• Define supply chain management and understand its strategic role in organizations that source goods and services
• Explain the goals of effective supply chain management and procurement
• Analyze how organizations in a supply chain communicate and manage relationships
• Explain the supplier appraisal process and understand its role in supply chain management
• Formulate strategies for mitigating supply chain risk, and discuss the events that can create disruption in the supply chain
• Assess the major trends and issues shaping supply chain management today
• Recognize the uses and functions of budgeting
• Recognize the key activities, considerations, and benefits of strategic organizational planning
• Recognize the purpose and make-up of a master budget
• Identify the components and calculations used to create a master budget and recognize uses for this information
• Identify the components and purpose of an operating budget
• Recognize how sales, production, and cost of goods sold budgets are created and perform related calculations
• Recognize the purpose of cash budgets and how they are prepared
• Identify ways the budget process can be managed for optimal results and recognize the benefits and limitations of the management-by-objective system
Purchasing Management FAQs
To request more information, you can contact us via online chat, our website contact form, or toll free at 1-855-201-6910.
Online courses are accessible 24/7/365 and self-paced, allowing you to progress at your own pace on your own schedule. They can be taken from anywhere in the world from the comfort of your own home. Classroom courses have a set schedule of the days and times the courses will be held, and you must attend during those specific times.
Find out if online learning is right for you by contacting our team of registration advisers. Our team is available to answer any of your questions about taking an online course before you commit to enrolling. We will walk you through what to expect to ensure you are making the right decision. You can contact a registration adviser today via online chat, our website contact form, or toll free at 1-855-201-6910.
No, you are not required to have a diploma or higher education degree to enroll in an online course. However, some occupations may require minimum educational thresholds for employment or certification. For more information on your desired career requirements, please contact us via online chat, our website contact form, or toll free at 1-855-201-6910.
To take an online course, you will need to have access to an internet connection and an internet ready device such as a laptop, PC, or tablet. For course specific requirements, please visit the course page or contact a registration adviser today.
Our courses are developed with multiple formats including text, audio, video, and interactivity. Our courses also include multiple resources and tools which can include flashcards, games, activities, and more.
No, you can take the online courses from anywhere in the world.
We participate in several financial assistance options including third party funding, both military and non-military. To request more information on the financial assistance options available and check your eligibility, contact us via online chat, our website contact form, or toll free at 1-855-201-6910.
Duration is the amount of time you will receive access to your course. Durations vary by course and range between 1 month and 12 months. If you complete your course before your duration ends you will continue to have access to your course until the duration period ends.
Many of our career training programs include certification vouchers. This means that at the successful completion of your course, at no additional charge, you will receive an exam voucher for the corresponding industry certification. This voucher will allow you to register and sit for the appropriate certification exam to obtain your industry credential.
Our online courses are open enrollment, so you can start immediately. If you are using any third-party funding to cover your course tuition, your start date may be a future date determined by your funding program.
Once enrolled, you will be assigned a client adviser who will provide you with customer and technical support. Your client adviser will supply you with your course access information, any needed materials, and be available to answer any questions you have during your training experience. They will regularly check-in with you to monitor your progress and assist you with staying on track. You will also be assigned to a course mentor who will provide curriculum support throughout your training. Your mentor is available to answer any questions you have on your course curriculum, will monitor your progress and understanding of the curriculum, and may give assignments or quizzes.
If you experience any trouble accessing your course including technical issues or lost login credentials, please contact your client adviser at helpdesk@worldeducation.net.
Our goal for students is to successfully complete their training course and achieve their career goals. We understand that extenuating circumstances can interfere with your ability to complete your course in the duration given. Because of this we have free or low-cost extensions available for our courses upon request. To discuss or request an extension please contact your client adviser at helpdesk@worldeducation.net.
Upon successful completion of your course and fulfillment of any outstanding financial obligations, you will receive your certificate of completion. Certificates are provided to you within 30 days of completion. Your certificate will validate the training course you completed with a stamp of completion.
Students that successfully complete our career training programs are assigned a career development adviser who will coordinate placement at a local externship or hands on opportunity. These opportunities are optional and may vary based on availability and occupation. Your career development adviser will also provide job search services such as: resume building, mock interviews, job opportunity resources, and more. Our professional enrichment courses do not come with a career adviser or career services.
• Supply Chain Management Basics
• Understanding and Managing Budgets
Internet Connection
• Broadband or High-Speed (DSL, Cable, Wireless)
Hardware Requirements
• Processor - 2GHz Processor or Higher
• Memory - 1 GB RAM Minimum Recommended
Software Requirements
• Operating Systems - Windows 7, 8 or 10; Mac OS x 10 or higher
• Microsoft Office 2007, 2010 or 2013 or a Word Processing application to save and open Microsoft Office formats (.doc, .docx, .xls, .xlsx, .ppt, .pptx)
• Internet Browsers - Google Chrome is highly recommended
• Cookies MUST be enabled
• Pop-ups MUST be allowed (Pop-up Blocker disabled)
• Adobe PDF Reader
Certification
CPP candidacy is open to all persons in purchasing, materials management or in an executive position who are members of the American Purchasing Society or who work for a company that holds a valid membership in the Society. All members who qualify are encouraged to apply for certification although certification is not necessary to maintain a membership. CPP candidacy is also open to nonmembers who are in purchasing, materials management or in an executive position; however, these individuals will not receive any price discounts offered only to members in good standing with the Society. A prerequisite for eligibility for CPP certification is a minimum of three years purchasing related experience OR a degree from a recognized college plus two years of purchasing related experience. Purchasing related experience refers to interaction with suppliers or managing those who have interaction with suppliers. All applicants are required to provide supplier contacts except for very high-level executives employed at Fortune 500 firms. CPP applicants are first evaluated on their ethical standards and maturity as demonstrated by their reputation, financial responsibility record, and their ability to communicate. Friends, coworkers, and suppliers are contacted and asked general questions about their relationship with the candidate. A number of positive responses must be acquired. Negative reference responses could disqualify an applicant from certification. Supplier references are required.All CPP applicants are required to take and complete the "Preparation for Certified Purchasing Professional Exam" 3 week online course, which includes the CPP examination. Finally, a review of their academic achievements, experience and contributions to the purchasing profession is made to award points in each of these categories. A minimum total of 100 points is required for the Certified Purchasing Professional classification.
Status
Prepares for Exam
Exam
Certified Purchasing Professional (CPP)
Benefits
Purchasing management certification can be a great way to enhance your career and gain valuable skills. It can provide many benefits, including:
• Increased credibility and recognition within the purchasing industry.
• A greater understanding of the purchasing process, from budgeting and planning to negotiating and supplier selection.
• Improved communication and problem-solving skills.
• A broader knowledge of best practices and industry standards.
• Higher salary potential and better job security.
• The opportunity to network with other purchasing professionals.
• Access to more job opportunities and promotions.
• A boost in self-confidence and a greater sense of accomplishment.
• A better understanding of customer needs and preferences.
Features
• Open Enrollment
• Admissions and Student Support
• Multimedia Rich and Interactive Content
• Industry Certification Exam, when applicable
• Hands-on Opportunity Upon Completion
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