+91 8600986267
+91 8600986267

Certified Expert in Procurement & Sourcing Management

Enhancing Professional Practices


Course Syllabus and details

Key topics Covered:
  • Introduction to Operations Management
    • Fundamentals of Operations
  • Purchase Management
    • Purchasing Vs Procurement
    • Importance of Purchase Management
    • Objectives or Goals of Purchasing
    • Purchasing Cycle
    • RFX’s
    • Responsibilities of Purchaser
  • Purchasing Systems / Methods
    • Centralized & Decentralized Purchasing system
    • Functions of Purchasing Department
    • Purchase Systems
    • Importance of Source
    • Purchasing Policies
    • Implementation of Purchase Policy
  • Value Analysis
    • Fundamentals of Value Analysis
    • Make-Or-Buy Decisions
  • Lean Management
    • Lean Management and Purchase System
    • JIT and Purchasing System
    • Vendor Management
    • Vendor Relations
    • Selection of Vendors
    • Vendors Managed Inventories
    • Vendor Rating
  • Strategic Sourcing-
    • Strategic Sourcing Steps
    • Spend Analysis
  • Recent Trends and Development in Purchasing
    • Contract management
    • Supplier relationship management (SRM)
  • Negotiation
    • Stages of Negotiation
  • E-Purchasing and E-Procurement
    • Ethics in Buying
    • E-Procurement
    • Benefits of E-Procurement
    • Who Need Hosted E-Procurement?
    • What Makes a Good E-Procurement System?
    • What are the advantages of Online Procurement?
  • Fundamentals of Inventory Management
    • Material Requirement Planning
    • Forecasting
    • Inventory Basics
  • Key Procurement Terminologies
  • Supply Chain Management Dictionary with ~300 concepts and definitions.
  • Presentation slides on Negotiation-Skills.
Video Lecture topics:
  • Evolution of Supply Chain Management
  • Fundamentals of Supply Chain Management
  • Quick Understanding of Supply chain with Example
  • Understanding Supply Chain
  • Supply Chain Performance
  • Supply Chain Drivers & Metrics
  • Designing Global Supply Chain Networks
  • Overview of Materials Management, Challenges & Objectives
  • Materials Requirement Planning (MRP) & Manufacturing Resource Planning (MRP II)
  • Sourcing Decisions in Supply Chain Management
  • Brief overview of Operations Management
  • Introduction to Operations Management
  • Incoterms
  • Co-Ordination in Supply Chain
  • Conflict Minerals in Supply Chain
  • KPI of Materials Planning & Procurement
  • KPI of Inventory Management
  • KPI of Distribution Management

Course outline and registration details​

About Course –

This Course outlines on conceptual learning of Operations, Purchasing, RFX’s, Purchasing systems, Policies, Purchasing cycle, Value analysis, Make-Buy decision, Lean & JIT linkage with Purchasing, Supplier selection & audit, VMI, Strategic sourcing, spend analysis, contract management, negotiation, E Procurement, Inventory Management fundamentals

Target Audience – Employees working as a part of supply chain, Purchasing, vendor development, analysis & college going students who are willing to make their careers in supply chin area.

Examination Date deadline – Within 45 days from admission date

Examination – Online mode, from any location with good internet access

Examination duration – 1 hour

Exam Attempt – Single

Total Questions – 60

Passing Criteria- 50% & above

Certificate & Performance Report – Hard Copy of certificate & performance report with SITMI stamp, authorized signature, unique number of certification & both documents will laminated with high quality process – It will be dispatched at candidates postal address within 7 business days from exam qualified date.

Course Fees – INR 2499/-

For any queries related to course, please write us at info@sitmi.in

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