Professional Certificate in Procurement Management-[PcProM] Self Paced

The Professional Certificate in Procurement Management (PcProM) is designed to equip participants with the essential knowledge and skills required to excel in the dynamic field of procurement. Procurement plays a crucial role in the success of any organization by ensuring that goods and services are sourced efficiently, cost-effectively, and in line with organizational needs. This course offers a deep dive into the core aspects of procurement management, including the procurement cycle, policies and procedures, supplier selection, negotiation tactics, and contract management. Participants will learn how to navigate the complex landscape of procurement, make informed decisions, and build strong supplier relationships. By the end of this program, you will be equipped with the practical tools and strategies to optimize procurement processes, contribute to organizational growth, and manage supplier relationships effectively.

- To provide an in-depth understanding of the fundamentals of procurement management.
- To explore the key steps in the procurement cycle and their importance in the procurement process.
- To develop knowledge of procurement policies and procedures and how they guide the procurement process.
- To understand the negotiation process and strategies for selecting the right suppliers.
- To develop skills for managing supplier relationships and ensuring effective contract execution.
- To learn how to optimize procurement operations for cost reduction, efficiency, and value creation.
- To explore risk management strategies within the procurement process.
- To understand the role of procurement in the broader context of supply chain management and organizational strategy.
- To learn best practices for contract management, including compliance, performance monitoring, and dispute resolution.
- To equip participants with the skills necessary to evaluate suppliers, negotiate terms, and build long-term strategic partnerships.

M-1-Introduction to Procurement

M-2-Procurement Cycle-Steps of Procurement

M-3-Procurement Process-Policy _ Procedure

M-4-Supplier Scoring _ Assessment

M-5-Negotiation _ Supplier Selection

M-6-Contract _ Supplier Relation

M-7-Risk Management _ Avoidance in Procurement

M-8-Legal Aspects in Procurement

M-9-E-Procurement

M-10-International Procurement

5 Practical Focus Module
Post Completion:
- Electronic Certificate
- Digital Badge via Credly.com

- Procurement Fundamentals
  - This competency focuses on the basic principles and practices of procurement, ensuring that participants understand the procurement function’s role within an organization. They will learn how procurement interacts with other business functions and its impact on organizational performance.
- Procurement Cycle Management
  - Understanding the procurement cycle is key to ensuring the efficient sourcing of goods and services. This competency covers all stages of the procurement cycle, from identifying needs to final delivery and payment, helping participants manage each phase effectively.
- Procurement Policies and Procedures
  - This competency focuses on the importance of having robust procurement policies and procedures to guide decision-making. Participants will learn how to develop, implement, and adhere to procurement policies that ensure transparency, compliance, and accountability in the procurement process.
- Supplier Selection and Negotiation
  - This competency involves understanding the key factors that contribute to selecting the right suppliers and negotiating terms that benefit the organization. It covers supplier evaluation techniques, negotiation tactics, and strategies to foster positive relationships with suppliers.
- Contract Management
  - Effective contract management is critical to ensuring that procurement activities are conducted according to agreed terms. This competency covers the essential aspects of contract creation, execution, and monitoring, as well as dispute resolution and compliance management.
- Supplier Relationship Management
  - Building and maintaining strong supplier relationships is essential for long-term success. This competency focuses on managing supplier performance, fostering collaboration, and ensuring that suppliers meet their contractual obligations.
- Procurement Risk Management
  - Risks are inherent in procurement, and this competency focuses on identifying, assessing, and mitigating procurement risks. Participants will learn how to manage risks related to cost overruns, supplier failure, and contract disputes.
- Strategic Procurement
  - Strategic procurement focuses on aligning procurement goals with organizational objectives. This competency involves optimizing procurement processes to contribute to the long-term success of the organization, ensuring value for money and continuous improvement.

Gain a thorough understanding of the procurement process, its stages, and its role in business operations.
Develop the ability to navigate through the steps of the procurement cycle from requisition to contract closure.
Understand the policies and procedures that govern procurement, ensuring compliance and accountability.
Learn effective negotiation tactics to achieve favorable terms with suppliers.
Be able to identify and select the best suppliers based on criteria such as price, quality, reliability, and service.
Gain expertise in managing supplier relationships and ensuring contract performance.
Learn how to optimize procurement practices to reduce costs and improve procurement efficiency.
Understand how procurement functions are integrated into broader business strategies and supply chains.
Develop skills to manage procurement risks, including legal, financial, and operational risks.
Apply best practices in contract management, ensuring compliance and minimizing disputes with suppliers.

Features:

Features:
Duration: 3 Months
Short Video Materials: Yes
Mode of Learning: Self-Paced

Assignment:

Total Assignments: 02
1 Pre-Course Assignment (Learning Purpose)
1 Capstone Projects
- Marks: 100
- Pass Mark: 50%

Name: Ayodele Adewunmi
Designation: Procurement Manager, Nigerian National Petroleum Corporation (NNPC)
Country: Nigeria
"The Professional Certificate in Procurement Management (PcProM) has significantly strengthened my procurement knowledge and skills. As a Procurement Manager at NNPC, the course provided me with practical insights into strategic sourcing, contract management, and supplier relationship management. I now have a more structured approach to procurement processes, which has helped me streamline operations and reduce procurement costs. The lessons on risk management in procurement were particularly valuable in managing our vendor relationships and ensuring compliance. I highly recommend this course to professionals in procurement and supply chain management."

Name: Zanele Mthembu
Designation: Senior Procurement Officer, Eskom
Country: South Africa
"As a Senior Procurement Officer at Eskom, managing procurement for a large utility company requires a high level of expertise, and the PcProM course provided me with just that. The course covered key areas such as supplier selection, negotiation strategies, and procurement ethics, all of which have enhanced my ability to make more informed and effective procurement decisions. The practical case studies gave me new tools to handle challenges in my role, and I am already seeing improvements in how we manage suppliers and contracts at Eskom. It was a highly beneficial course that I would recommend to anyone in procurement."

Name: Samira Sow
Designation: Procurement Specialist, Orange Mali
Country: Mali
"The PcProM course was a game-changer for my career. Working as a Procurement Specialist at Orange Mali, I was already familiar with the basics of procurement, but the course provided a deeper understanding of procurement strategies, supplier performance evaluation, and cost reduction techniques. The course material was well-structured and easy to follow, with plenty of real-world applications. Since completing the course, I have been able to improve supplier negotiations and develop more efficient procurement processes. This program is perfect for anyone looking to advance their procurement expertise."

Name: Ahmed Zaki
Designation: Procurement Director, Al-Diwan Group
Country: Egypt
"As the Procurement Director at Al-Diwan Group, overseeing the procurement operations of a large organization, the PcProM course has been invaluable. The course helped me gain a thorough understanding of procurement processes, from strategic planning to supplier management. The focus on contract management and cost analysis has allowed me to develop stronger procurement strategies that are more aligned with our company’s goals. The course’s practical approach made it easy to apply the learning to my day-to-day responsibilities, and I now feel more confident in leading our procurement team."

Name: Olufunke Adebayo
Designation: Supply Chain Coordinator, MTN Group
Country: Ghana
"The PcProM course was an eye-opener for me as a Supply Chain Coordinator at MTN Group. The comprehensive curriculum covered all the essential aspects of procurement, from sourcing and negotiation to procurement ethics and vendor management. The course content was directly relevant to my work, and I learned how to improve supplier relationships, manage procurement risks, and implement cost-effective procurement strategies. This course has equipped me with the tools to drive better procurement practices within our organization, and I highly recommend it to anyone in procurement or supply chain management."

FAQ

Q. Is this course Fully Online?
A. Yes, this course is fully online.

Q. Is there any video tutorial?
A. Yes, there is video tutorial for each module.

Q. Can we download material?
A. Yes, you can download pdf material. However, video tutorial is not downloadable.

Q. Can I attend exam online?
A. Yes, you can attend exam online.

Q. How can I get certificate?
A. Once you complete all requirements like passing exam, passing assignments etc., then you can download certificate from your dashboard.

Q. Can we contact instructor or administrator?
A. Yes, you can contact instructor or administrator through your dashboard. Also you can contact administrator through WhatsApp.

Q. Is this course internationally recognized?
A. Yes, the course is endorsed by International Professional Accreditation Council (IPAC)-Singapore.

Q. What is the Payment Mode?
A. The available options are as follows:
- We accept Online Payment by VISA Card & MasterCard.
- We also accept Western Union/MoneyGram.
- Bank Transfer - Euro/USD payment
- PayPal payment

Q. Is any other fee required for exam or certificate?
A. No other fee is required for exam or certificate. Material, exam, certificate- all costs are included in the fee declared.

Q. Can I enroll in more than one course at a time?
A. Yes, you can enroll in as many as you want simultaneously.

Q. What will happen if I fail in the exam?
A. You will get a second chance to take the exam without any other fee. However, for the third chance on-ward, you need to pay exam fee 10 USD per attempt. You can attempt as many as you require.

Email us your question: support@worldacademyuk.com

Exam Guideline

Exam Method:

Number of Exams: 01
Number of Questions: 50 MCQ Questions
Duration: 50 Minutes
Total Marks: 100
Pass Mark: 50%

Professional Certificate in Procurement Management-[PcProM] Self Paced