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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The Professional Diploma in Procurement Management is designed to equip participants with comprehensive knowledge and skills in procurement and supply chain management. This course covers critical areas, including procurement management fundamentals, procurement processes, demand planning, strategic sourcing, supplier performance management, advanced procurement practices, contract management, and procurement performance evaluation. By integrating theoretical knowledge with practical tools, this program aims to prepare professionals to manage procurement activities effectively, enhance supplier relationships, mitigate risks, and drive cost-effective and efficient supply chain operations.

Objectives:

  • Develop Core Procurement Management Skills: Equip participants with foundational knowledge of procurement management, including requisition, purchase order management, negotiation, and contract management.
  • Understand the Procurement Process: Teach the steps of the procurement cycle, policies, procedures, supplier assessment, and supplier relationship management.
  • Enhance Demand Planning and Forecasting Competencies: Provide insights into forecasting methods, customer segmentation, and master scheduling to optimize procurement planning.
  • Master Strategic Sourcing Techniques: Develop skills in strategic sourcing, procurement portfolio management, spend analysis, and category management.
  • Implement Supplier Performance Management: Introduce frameworks for evaluating, analyzing, and developing supplier performance to improve supply chain reliability.
  • Apply Advanced Procurement Management: Teach risk management, legal aspects, e-procurement, and international procurement to handle complex procurement scenarios.
  • Optimize Contract Management: Provide knowledge on contract formation, negotiation, performance management, and risk management to ensure compliance and efficiency.
  • Evaluate Procurement Performance: Introduce methods for measuring procurement performance, benchmarking, conducting audits, and utilizing procurement analytics.

Units & Modules:

U-1: Procurement Management for Organization
M-1: Introduction to Procurement Management
M-2: Requisition & PO management
M-3: Negotiation for Procurement
M-4: Contract Management

U-2: Procurement Management Process
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

U-3: Demand Planning & Forecasting
M-9: Principles of Forecasting
M-10: Basic Forecasting Methods
M-11: Customer Segmentation
M-12: Master Scheduling

U-4: Strategic Sourcing in Supply Chain Management
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

U-5: Supplier Performance 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

U-6: Advanced Procurement Management
M-21: Risk Management & Avoidance in Procurement
M-22: Legal Aspects in Procurement
M-23: E-Procurement
M-24: International Procurement

U-7: Contract Management
M-25: Introduction to Contract Management
M-26: Contract Formation and Negotiation
M-27: Contract Performance Management
M-28: Contract Risk Management

U-8: Procurement Performance and Evaluation
M-29: Measuring Procurement Performance
M-30: Benchmarking in Procurement
M-31: Procurement Audits
M-32: Procurement Analytics for Performance Evaluation

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

Post Completion:

  • Electronic Certificate
  • Digital Badge via Credly.com
  • Printed Certificate available

Exam Method:
Number of Exams: 08 (Each unit has One Exam)

  • Number of Questions: 20 MCQ Questions + 2 Written Questions (Each Exam)
  • MCQ Question Mark: 2 * 20=40
  • Written Question Mark: 30 * 2= 60
  • Exam Duration: 60 Minutes
  • Total Marks: 100 (Each Exam)
  • Pass Mark: 50%

Assignment: 

  • Total Assignments: 
  • 1 Pre-Course Assignment (Learning Purpose)
  • 1 Capstone Projects
    • Each Assignment Marks: 300
    • Pass Mark: 50%
Live Chat Enabled
Regular Fee $ 420.00
Special Fee $ 320.00
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