Certified Purchasing Professional

INTRODUCTION TO PURCHASING

  • Purchasing Cycle
  • Purchasing System
  • Purchasing Steps

SOURCES OF SUPPLY

  • Order of Precedence
  • Make or Buy
  • Lease Purchase Analysis

PROCUREMENT PLANNING

  • Advance Purchase Planning
  • Purchasing Complexity
  • Procurement Planning Content

SOLICITATION

  • Solicitation Planning
  • Written Solicitation

PROCUREMENT METHODS

  • Price Competitive Approach
  • Blanket Purchase Agreements
  • Electronic Procurement

NEGOTIATION STRATEGIES

  • Steps in Negotiating
  • Tools in Negotiating
  • Types of Negotiations

SUPPLIER RATINGS

  • Categorical Method
  • Cost Point Method
  • Vendor Profile Analysis

CONTRACTS

  • Introduction and Overview
  • Elements of a Contract
  • Duties and Obligations
  • Types of Purchasing Contracts

INTERNATIONAL SOURCING

  • Overview of Worldwide Sourcing
  • Offshore and Domestic Purchase
  • Trade Barriers
  • Currency Risk Management
  • Currency Adjustment Factors
  • Currency Hedging
  • Global Sourcing Strategies