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Professional Diploma in Procurement Management [PDPrM]-Self Paced

Professional Diploma in Procurement Management [PDPrM]-Self Paced

The Professional Diploma in Procurement Management is a comprehensive program that teaches participants how to manage procurement and supply chain activities.

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Course Overview
  • Length 6 Months
  • Regular Fee $ 420.00
  • Special Fee $ 320.00
  • Payment Plan Available
  • Course Type Salf Paced
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Discover everything you need to know about the Program.

International Recognition

ProfQual

This program is Validated and Quality Assured by ProfQual - UK. [www.profqual.org.uk]

The Professional Diploma in Procurement Management (PDPrM) is designed to equip participants with the essential knowledge and skills required to manage procurement processes effectively and strategically. The program provides a comprehensive understanding of procurement strategies, supplier relationship management, demand forecasting, strategic sourcing, and contract management.
Participants will develop the expertise to implement cost-effective procurement practices, evaluate supplier performance, mitigate risks, and improve procurement efficiency. This diploma is ideal for procurement managers, supply chain professionals, and sourcing specialists who want to strengthen their knowledge and improve organizational procurement practices.

  • By the end of this course, participants will be able to:

    • Understand the core principles and frameworks of procurement management.
    • Develop strategies for improving procurement efficiency and reducing costs.
    • Implement effective procurement cycles and manage supplier relationships.
    • Enhance forecasting and demand planning capabilities to improve inventory management.
    • Apply strategic sourcing techniques to enhance cost savings and efficiency.
    • Evaluate supplier performance and develop strategies for improvement.
    • Understand the legal aspects of procurement and manage risks effectively.
    • Develop skills in contract management, including negotiation and performance evaluation.
    • Establish performance benchmarks and conduct procurement audits.
    • Implement e-procurement and other technological solutions to streamline procurement.

Pre-Course Assignment

M-1: Introduction to Procurement Management

M-2: Requisition & PO management

M-3: Negotiation for Procurement

M-4: Contract Management

M-5: Procurement Cycle-steps in Procurement Management

M-6: Procurement process- Policies and Procedures

M-7: Supplier scoring & Assessment

M-8: Supplier Selection Process & Supplier Relationship Management

M-9: Principles of Forecasting

M-10: Basic Forecasting Methods

M-11: Customer Segmentation

M-12: Master Scheduling

M-13: Introduction to Strategic Sourcing

M-14: Application of Strategic Sourcing for Cost-Effective SCM

M-15: Procurement Portfolio Management

M-16: Spend Analysis & Category Management

M-17: Introduction to Supplier Performance Management

M-18: Supplier Performance Framework

M-19: Supplier Performance Evaluation & Analysis

M-20: Introduction to Supplier Development

M-21: Risk Management & Avoidance in Procurement

M-22: Legal Aspects in Procurement

M-23: E-Procurement

M-24: International Procurement

M-25: Introduction to Contract Management

M-26: Contract Formation and Negotiation

M-27: Contract Performance Management

M-28: Contract Risk Management

M-29: Measuring Procurement Performance

M-30: Benchmarking in Procurement

M-31: Procurement Audits

M-32: Procurement Analytics for Performance Evaluation

    • 32 Practical Focus Module
    • 3 Reference Book
    • Post Completion:
      • Electronic Certificate
      • Digital Badge via Credly.com
      • Printed Certificate Available
      • Printed Transcript  Available
    • Strategic Procurement Management
      • Develop and implement cost-effective procurement strategies.
    • Supplier Management
      • Manage supplier relationships and ensure high performance.
    • Contract Management
      • Draft, negotiate, and manage contracts effectively.
    • Risk Management
      • Identify and mitigate procurement-related risks.
    • Strategic Sourcing
      • Apply sourcing strategies to enhance cost savings.
    • Data-Driven Decision-Making
      • Use data analysis to measure and improve procurement performance.
    • Legal and Compliance Management
      • Ensure all procurement processes meet legal and regulatory requirements.
    • Performance Evaluation
      • Conduct benchmarking and audits to improve procurement efficiency.
         

    Upon completion of the program, participants will be able to:

    • Manage procurement processes strategically and efficiently.
    • Develop and implement effective supplier management frameworks.
    • Analyze procurement performance and identify areas for improvement.
    • Enhance forecasting and demand planning capabilities to manage inventory better.
    • Apply strategic sourcing techniques to improve procurement outcomes.
    • Develop strong negotiation skills to secure cost-effective contracts.
    • Ensure legal and regulatory compliance in procurement operations.
    • Improve contract performance through regular evaluation and analysis.
    • Develop effective e-procurement strategies to automate and streamline processes.
    • Measure procurement success using data-driven performance evaluation tools.
       
Features:

Features:
Duration: 6 Months
Modules: 32
Short Video Materials: Yes
Mode of Learning: Self-Paced

Assignment: 

  • Total Assignments: 
  • 1 Pre-Course Assignment (Learning Purpose)
  • 1 Capstone Projects
    • Each Assignment Marks: 300
    • Pass Mark: 50%

Exam Guideline

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