Procurement Certificate - APICS

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DURATION

20 hours

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Procurement Certificate - APICS

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The program provides an overview of procurement fundamentals, sourcing strategies, supplier relationship management, negotiations, evaluation metrics, and more. You’ll be better equipped to:

  • Develop a strategic sourcing strategy
  • Establish effective procurement policies
  • Effectively score supplier capabilities and select optimal suppliers
  • Engage in more effective contract management negotiations
  • Trace the purchase order flow from requirements identification to purchase order close-out
  • Review supplier and internal procurement organization performance using data and metrics
  • Engage in sustainable and ethical sourcing
The self-paced program includes 20 hours of education and a comprehensive final exam within an interactive online platform. You will also have access to flashcards, video clips, practice questions and more to help cultivate a stronger understanding of each topic.
 
 

On demand, Advance can also plan Office Hours (duration 1,5 hours, usually every 2 weeks) with a certified instructor who will provide insights, explanations and case studies discussion.

  • Teaching plan

    READ THE DETAILS ▾

    DETAILED PROGRAMME

     

    Session Title: FUNDAMENTALS OF PROCUREMENT

    Fundamentals of Procurement - Overview
    Purchasing to Procurement

    • Procurement Basics
    • Purchasing to Procurement
    • Purchasing as Integral to Supply Chain Management Materials and Supplies Purchased
    • Services Purchased

    Tactical and Strategic

    • Tactical Purchasing Objectives Tactical Buying
    • Purchasing Functions
    • Tactical and Strategic
    • Tactical Buying versus Strategic Sourcing Organizational Design Considerations
    • Centralized versus Decentralized
    • Various Roles within Purchasing

    Purchasing Cycle

    • The 7 Steps in the Purchasing Cycle
    • Purchasing Cycle Step 1: Requisition and Specification
    • Purchasing Cycle Step 2: Source and Obtain Pricing
    • Purchasing Cycle Step 3: Financial Impact of Purchasing
    • Purchasing Cycle Steps 4-7: Agreement, Follow Up, Acceptance, and Approval

    Procurement

    • Procurement Objectives
    • Anatomy of Procurement Strategy
    • Procurement Strategy: Environmental Scanning
    • Procurement Strategy: Organizational Structure
    • Procurement Strategy: Inventory Strategy
    • Procurement Strategy: Supplier Relations
    • Procurement Strategy: Technology Enablers
    • Procurement Strategy: Performance and Continuous Improvement

    Interview: Fundamentals of Procurement
    Fundamentals of Procurement - Summary

     

    Session Title: SOURCING STRATEGIES

    Sourcing Strategies - Overview

    Strategic Sourcing

    • Sourcing and Strategic Sourcing
    • Strategic Sourcing Objectives
    • Strategic Sourcing Activities
    • Sourcing Process Steps
    • Make-or-Buy Decision
    • Cost Avoidance Analysis Training Exercise
    • Spend Analysis
    • Spend Analysis Documents

    Suppliers

    • Supplier Relationships
    • Sourcing Alternatives
    • Supplier Scoring and Assessment
    • Supplier Selection
    • Cost Comparison
    • Categories of Supplier

    Pricing

    • Overview of Pricing
    • Break-Even Analysis
    • Discounts
    • Purchase Quantity Discount
    • Negotiation Objectives
    • Design Collaboration
    • Advantages of Collaborative Supplier Involvement

    Supplier Relationship Management

    • Supplier Relationship Management (SRM)
    • Traditional Purchasing versus SRM
    • Benefits of Supplier Relationship Management
    • Implementing SRM Strategy

    Video Interview: Sourcing Strategies
    Sourcing Strategies – Summary

     

    Session Title: PURCHASE ORDER MANAGEMENT AND PERFORMANCE MEASUREMENT

    Purchase Order Management and Performance Measurement - Overview

    Purchase Requisition

    • Purchase Order Flow
    • Visual Purchasing Policies
    • Purchase Order Flow Step 1: Generate Requisition
    • Data Maintenance — Static and Dynamic Database Files
    • Material Requirements Planning
    • MRP Purchase Order Actions
    • Purchasing Kanban
    • Supplier Kanban Example
    • Order Point and Periodic Review
    • Budgeted versus Unexpected Requirements

    Purchase Order Management

    • Purchase Order Flow Step 2: Issue Purchase Order – Ordering Approaches
    • Vendor-Managed Inventory (VMI)
    • Purchasing Process Methods
    • Timing of Purchases
    • Transportation Mode Decision
    • Purchase Order Flow Step 3: Follow Up — Status Reporting
    • Purchase Order Flow Step 4: Receiving and Order Close-Out
    • Purchase Order Flow Step 5: Approve Payment

    Purchasing Performance Measurement

    • Purchasing Performance Measurement
    • Global Sourcing
    • Effect of Technology and the Internet on Purchasing
    • Internet-Enabled Purchasing Components
    • Supplier Relationship Management (SRM)
    • SRM Services
    • SRM Processing
    • Portals and Auctions

    Video Interview: Purchase Order Management
    Purchase Order Management and Performance Management - Summary

     

    Session Title: CONTRACT MANAGEMENT AND NEGOTIATIONS

    Contract Management and Negotiations - Overview

    Contract Management

    • Contract Defined
    • Phases of Contract Management
    • Contract Performance
    • ERP System Functionality and SRM for Contract Management
    • Dispute Resolution

    Negotiations – What to Negotiate

    • Negotiation Objectives – What Is negotiated Agreements Drive Negotiations
    • Value and Risk
    • Pricing
    • Terms and Conditions - Specific to Contract
    • Terms and Conditions - Generic
    • Terms and Conditions – Legal Clauses

    Negotiations - How to Negotiate

    • Negotiations – How to Negotiate Grasp the Situation
    • Five Forces of Competition
    • Culture
    • Procurement Classification Matrix  and SWOT Analysis

    PDCA Framework

    • Plan - Overview
    • Topics to be Negotiated
    • Influences during Negotiations
    • Negotiating Style
    • Negotiation Tactics
    • Simulate, Practice, and Send Agenda
    • Do - Overview
    • Successful Negotiators
    • Check – Overview
    • Action – Overview

    Interview: Negotiations
    Contract Management and Negotiations – Summary

     

    Session Title: SUSTAINABILITY AND ETHICAL SOURCING

    Sustainability and Ethical Sourcing – Overview

    Sustainability Principles

    • Introduction to Sustainability
    • Sustainable Supply Chain Management
    • Sustainable Procurement
    • Triple Bottom Line
    • Sustainability Principles
    • Carbon Footprint and Waterprint
    • Corporate Social Responsibility

    Guidelines and Standards

    • Sustainability Guidelines and Standards That Influence Procurement
    • Global Reporting Initiative
    • Recognized Standards in Procurement: ISO
    • Other Recognized Standards in Procurement

    Application of Sustainability in Procurement

    • Applying Sustainability to Procurement Activities
    • General Procurement Sustainability Guidelines
    • Sustainable Sourcing of Products and Services
    • Sustainability Activities with Suppliers
    • Working with Suppliers on Packaging
    • Sustainable Procurement Logistics Activities
    • Organizational Activities for Procurement
    • Implementation of Sustainable Procurement
    • Prioritizing Products and Services
    • Sustainable Procurement Trade-offs
    • Sustainable Procurement Success Criteria

    Ethical Sourcing

    • Ethics within the Procurement Function General Ethics Issues
    • Ethical Sourcing
    • Diversity in Sourcing
    • Conflict Minerals
    • Code of Conduct
    • Legislation related to Sourcing Practices
    • Benefits of Ethical Sourcing
    • Steps to Ensure Ethical Behavior and Sourcing
    • How to Begin an Ethical Sourcing Initiative

    Interview: Sustainability
    Sustainability and Ethical Sourcing – Summary

     

    Session Title: PROCUREMENT EVALUATION METRICS AND INTELLIGENT SUPPLY CHAIN

    Procurement Evaluation Metrics and Intelligent Supply Chain - Overview

    Procurement Evaluation Metrics

    • Introduction to Procurement Evaluation Metrics
    • Using Measurements in Procurement
    • Steps to Implement a Procurement Metrics Program
    • Challenges for Measurement Systems Benchmarking and KPIs
    • Key Performance Indicators (KPIs)

    SCOR and ASCM Enterprise

    • SCOR and SCOR metrics
    • ASCM Enterprise Certification

    Procurement and Supplier Metrics

    • Internal Procurement Metrics
    • Sustainability Metrics
    • Environmental Metrics
    • Social Responsibility Metrics
    • Supplier Metrics
    • Supply Chain Metrics
    • Types of Supplier Metrics
    • Performance Results and Audits
    • Supplier Certification

    Intelligent Supply Chain

    • Intelligent Supply Chain
    • Role of Information in the Management of the Supply Chain
    • Cloud Computing, Big Data, Control Towers, and Artificial Intelligence Advanced Analytics
    • Inter-organizational Systems
    • Blockchain and Internet of Things (IoT)
    • Supply Chain Event Management
    • Intelligent Supplier Collaboration and Interaction
    • Intelligent Supply Chain Logistics
    • Other Supply Chain Technology and Trends

    Interview: Procurement Evaluation Metrics
    Procurement Evaluation Metrics and Intelligent Supply Chain - Summary

     

    Test: SUPPLY CHAIN PROCUREMENT CERTIFICATE

    Information: Passing score: 70% Questions: 72

    12 questions per session

    • Fundamentals of Procurement
    • Sourcing Strategies
    • Purchase Order Management and Performance Measurement
    • Contract Management and Negotiations
    • Sustainability and Ethical Sourcing
    • Procurement Evaluation Metrics and Intelligent Supply Chain

     

  • Who is the course aimed at

    READ THE DETAILS ▾

    • Procurement area managers and staff resources who wish to learn or consolidate the skills necessary to carry out their function
    • Managers of other functions who wish to learn or consolidate state-of-the -art skills in the Purchasing area
    • Supply Chain professionals who wish to broaden their knowledge in the Procurement area
    • Consultants in the Supply Chain and Procurement areas
       
  • Pricing and enrolment

    READ THE DETAILS ▾

    ENROLMENT FEE

    Contact us to know the price of the course: Email: info@advanceschool.ch

    To register, you must send the completed registration form via email to info@advanceschool.ch, together with the receipt of the bank transfer or a purchase order.

    The form can be downloaded from the link: Registration form