Certified Procurement and Contract Manager (CPCM)®

Course Objective:  The course aims to equip participants with the knowledge and skills required to excel as procurement and contract managers in various industries. Participants will learn about procurement strategies, contract management principles, negotiation techniques, and risk mitigation strategies to effectively manage procurement processes and contractual relationships.

Module 1: Introduction to Procurement and Contract Management

• Overview of Procurement Processes
• Fundamentals of Contract Management
• Role and Responsibilities of Procurement and Contract Managers

Module 2: Procurement Strategies and Best Practices

• Strategic Sourcing Methods
• Supplier Selection and Evaluation
• Negotiation Techniques in Procurement

Module 3: Contract Formation and Administration

• Contract Lifecycle Management
• Legal Aspects of Contracts
• Contract Types and Structures

Module 4: Risk Management in Procurement and Contracts

• Identifying and Assessing Procurement Risks
• Mitigation Strategies and Contingency Planning
• Compliance and Ethics in Procurement

Module 5: Supplier Relationship Management

• Supplier Performance Management
• Collaboration and Partnership with Suppliers
• Resolving Disputes and Managing Contract Changes

 Module 6: Procurement Technology and Tools

• Procurement Software Solutions
• e-Procurement Systems
• Contract Management Platforms

Module 7: Global Procurement and International Contracts

• Cross-Border Procurement Challenges
• International Contracting Practices
• Cultural and Legal Considerations in Global Procurement

Module 8: Strategic Procurement Planning and Forecasting

• Demand Forecasting and Inventory Management
• Procurement Planning and Budgeting
• Sustainable Procurement Practices

Module 9: Professional Development and Career Advancement

• Continuing Education Opportunities
• Certification and Professional Designations
• Career Paths in Procurement and Contract Management