Exam Preparation
CPSM™Certified Professional in Supply Management
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English
Intermediate
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Course Overview
The Certified Professional in Supply Management (CPSM) is recognized globally as a standard of excellence for professionals in procurement, supply management and supply chain management. The CPSM program reflects the expanded knowledge, skills and abilities required to be a successful professional. Backed by one of the world’s largest associations in the field of supply management, the CPSM is a mark of dedication and distinction. Our experienced and certified instructors will walk you through the core principles required for CPSM Certification which includes:
→ The Foundations of Supply Management such as cost and finance, contract negotiations, and supplier relationship management.
→ Becoming Effective in Supply Management Performance logistics and product development.
→ Leadership in Supply Management risk and compliance, as well as, strategic sourcing
→ The Foundations of Supply Management such as cost and finance, contract negotiations, and supplier relationship management.
→ Becoming Effective in Supply Management Performance logistics and product development.
→ Leadership in Supply Management risk and compliance, as well as, strategic sourcing
Key Takeaways
1
Improve Contracting and Negotiation.
2
Enhance skills in Supplier relationship management and forecasting.
3
Understand better Materials and inventory management.
4
New techniques in Organization and department assessment Product and service development.
5
Improve your Leadership skills.
Institute for Supply Management
ISM is globally recognized for its highly regarded certification programs. Supply management professionals and organizations have relied on ISM to obtain the skills and knowledge needed to stay current in a fast-moving industry.
Course Outline
Day 1: Foundation of Supply Management
Contracting Negotiation
→ Prepare solicitations for competitive bids
→ Prepare fro and develop strategies and tactics for negotiations
→ Lead /conduct/support negotiations with suppliers
→ Manage the preparation and/or issuance of contracts/purchase
→ Administer contracts/purchase orders from award to completion or termination
→ Prepare fro and develop strategies and tactics for negotiations
→ Lead /conduct/support negotiations with suppliers
→ Manage the preparation and/or issuance of contracts/purchase
→ Administer contracts/purchase orders from award to completion or termination
Social Responsibility
→ Develop and act upon a code of business conduct for the supply management and external sources
→ Establish and monitor environmentally responsible programs
→ Implement, monitor and promote organizational and supply management safety policies and procedures
→ Establish and monitor environmentally responsible programs
→ Implement, monitor and promote organizational and supply management safety policies and procedures
Cost and Finance
→ Prepare and/or administer a supply management department budget
→ Develop a cost management program strategies
→ Identify savings potential and opportunities and strategies for specific categories through spend analysis
→ Perform cost/benefit analyses on acquisitions
→ Develop financing and leveraging strategies for purchases
→ Develop a cost management program strategies
→ Identify savings potential and opportunities and strategies for specific categories through spend analysis
→ Perform cost/benefit analyses on acquisitions
→ Develop financing and leveraging strategies for purchases
Day 2: Foundation of Supply Management
Sourcing
→ Analyze potential sources of goods or services
→ Evaluate competitive offerings to determine the overall best offer for products/service
→ Plan and communicate sourcing and supply Strategies based on Forecasting data
→ Evaluate competitive offerings to determine the overall best offer for products/service
→ Plan and communicate sourcing and supply Strategies based on Forecasting data
International Supplier Relationship Management
→ Identify opportunities and benefits for rationalizing supply base
→ Develop/manage effective relationships with suppliers
→ Develop /Implement a supplier diversity program
→ Develop new supplier qualification plans and reports to assure components, materials and suppliers meet specified requirements
→ Conduct supplier performance evaluations
→ Develop and execute supplier exit strategies
→ Develop/manage effective relationships with suppliers
→ Develop /Implement a supplier diversity program
→ Develop new supplier qualification plans and reports to assure components, materials and suppliers meet specified requirements
→ Conduct supplier performance evaluations
→ Develop and execute supplier exit strategies
Day 3: Effective Supply Management Performance
Forecasting
→ Performance analysis and provide data on current and future and global/domestic market conditions
→ Develop supply forecasts in light of certain economic, competitive, technology, market and currency trends
→ Manage forecasted data with suppliers
→ Develop supply forecasts in light of certain economic, competitive, technology, market and currency trends
→ Manage forecasted data with suppliers
Materials and Inventory Management
→ Design/modify logistics facility layouts and equipment designs to support business models
→ Direct traffic/distribution policies and procedures to ensure optimum flow of materials
→ Manage international transportation, invoicing and documentation functions
→ Management the resolution of delivery/receiving problems
→ Direct traffic/distribution policies and procedures to ensure optimum flow of materials
→ Manage international transportation, invoicing and documentation functions
→ Management the resolution of delivery/receiving problems
Logistics
→ Design/modify logistics facility layouts and equipment designs to support business models
→ Direct traffic/distribution policies and procedures to ensure optimum flow of materials
→ Manage international transportation, invoicing and documentation functions
→ Management to resolution of delivery/ receiving problems
→ Direct traffic/distribution policies and procedures to ensure optimum flow of materials
→ Manage international transportation, invoicing and documentation functions
→ Management to resolution of delivery/ receiving problems
Organization/Department Assessment
→ Design/modify logistics facility layouts and equipment designs to support business models
→ Develop performance criteria and evaluate supply management staff performance
→ Develop tools and processes to measure, report and improve compliance
→ Analyze and resolve issues raised in supply management audit reports
→ Analyze and resolve issues raised in supply management audit report
→ Develop performance criteria and evaluate supply management staff performance
→ Develop tools and processes to measure, report and improve compliance
→ Analyze and resolve issues raised in supply management audit reports
→ Analyze and resolve issues raised in supply management audit report
Day 4: Effective Supply Management Performance
Product and Service Development
→ Participate in product/service development or specifications
→ Manage ramp-in strategy and implementation to full scale production
→ Manage ramp-in strategy and implementation to full scale production
Quality
→ Develop/administer a supplier certification program
→ Develop measurements for continuous quality improvement and target setting
→ Develop, measure and evaluate quality requirements to continuously improve supplier performance
→ Develop measurements for continuous quality improvement and target setting
→ Develop, measure and evaluate quality requirements to continuously improve supplier performance
Planning
→ Implement or utilize requirement planning to align supply management
→ Develop, implement, maintain and monitor the forecasting, operations planning, scheduling, and inventory control functions
→ Develop, implement, maintain and monitor the forecasting, operations planning, scheduling, and inventory control functions
Day 5: Leadership in Supply Management
Leadership
→ Represent the supply management organization in decisions to the organization wide
→ Develop and implement business plans that will meet customer services
→ Develop, implement and monitor a strategic supply management plan
→ Plan/develop/provide operating polices, guidelines and procedures
→ Develop/implement changes to the organizations supply management policies
→ Develop and implement business plans that will meet customer services
→ Develop, implement and monitor a strategic supply management plan
→ Plan/develop/provide operating polices, guidelines and procedures
→ Develop/implement changes to the organizations supply management policies
Strategic Sourcing
→ Establish and execute strategic sourcing plans
→ Establish and standardize strategic sourcing procedures
→ Identify, evaluate, select and implement technologies that support supply management functions
→ Leverage spend through identification, prioritization, development and execution strategies.
→ Conduct analysis to determine insourcing or out souring strategies
→ Create new systems and process improvements to help the organization
→ Establish and standardize strategic sourcing procedures
→ Identify, evaluate, select and implement technologies that support supply management functions
→ Leverage spend through identification, prioritization, development and execution strategies.
→ Conduct analysis to determine insourcing or out souring strategies
→ Create new systems and process improvements to help the organization
Risk Compliance
→ Develop, implement and manage a risk profile and strategies
→ Develop and implement a risk management and or claims management program
→ Implement supply management processes in consideration of legal issues
→ Develop/implement/maintain a database/physical filing system
→ Comply with program that prevent respond to discrimination or harassment
→ Develop and implement a risk management and or claims management program
→ Implement supply management processes in consideration of legal issues
→ Develop/implement/maintain a database/physical filing system
→ Comply with program that prevent respond to discrimination or harassment
Who Should Attend?
This highly practical and interactive course has been specifically designed for
The instructor led, competency course is for those interested in taking the CPSM exam and earning their CPSM designation or those who desire to accelerate their learning curve in the field of Procurement and Supply Management. To be eligible for the CPSM exam, participants must meet one of the following criteria:
→ Three years full-time, professional supply management experience (non-clerical, nonsupport) with a regionally accredited bachelor’s degree
→ Five years of supply management experience (non-clerical, nonsupport) without a degree
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FAQ
What language will the course be taught in and what level of English do I need to take part in an LEORON training program?
Most of our public courses are delivered in English language. You need to be proficient in English to be able to fully participate in the workshop and network with other delegates. For in-house courses we have the capability to train in Arabic, Dutch, German and Portuguese.
Are LEORON Public courses certified by an official body/organization?
LEORON Institute partners with 20+ international bodies and associations.We also award continuing professional development credits (CPE/PDUs) for:1. NASBA (National Association of State Boards of Accountancy) 2. Project Management Institute PDUs 3. CISI credits 4. GARP credits 5. HRCI recertification credits 6. SHRM recertification credits
What is the deadline for registering to a public course?
The deadline to register for a public course is 14 days before the course starts. Kindly note that occasionally we do accept late registrations as well, but this needs to be confirmed with the project manager of the training program or with our registration desk that can be reached at +1071 4 1075 5711 or register@leoron.com.
What does the course fee cover?
The course fee covers a premium training experience in a 5-star hotel, learning materials, lunches & refreshments, and for some courses, the certification fee and membership with the accrediting bodies.
Does LEORON give discounts?
Yes, we can provide discounts for group bookings. If you would like to discuss a discount on a corporate level, we will be happy to talk to you.
Reviews
- Review:Certified Professional in Quality and Patient SafetySince the partnership was signed between BAE Systems Saudi Development & Training and LEORON in 2017, we have been working together to offer the Saudi market a complete portfolio of training solutions benefiting from the wide and extensive experience of both parties. Recognizing the great success of this partnership, we are looking for further collaborations in the future that will position both companies as one of the leading training providers in Saudi Arabia. We thank the LEORON team for their full cooperation and continuing support, and look forward to further success together in the years to come.Emad AlrajihVP, Business Winning at BAE Systems Saudi Development & Training
- Review:Certified Professional in Quality and Patient SafetyWe have been working with LEORON for the past two years and will be working with them again this upcoming year. The programs they delivered were fruitful and exciting and our organization has received positive feedback from the participants. What our organization aims to do is to provide at no cost training for all the private sector employees so that they may benefit from our offered programs in Innovation and Professional development. Leoron has helped us achieve this goal. We look forward to continuing this service and wish them the best of luck. Regards,Nasser M. Al-SubaieSr. Program Officer, Enterprise Learning & Human Development at Kuwait Foundation for the Advancemen
- Review:IAMM Internal Audit Maturity ModelIn recognition of their dedication and contribution supporting IKEA Saudi Arabia in arranging training programs during 2017 & 2018, looking forward for more development and exciting effort this year. On behalf of IKEA Saudi Arabia, THANK YOU!Dalal KutbiCountry Learning & Development Manager at IKEA Saudi Arabia
- Review:Certified Professional in Quality and Patient SafetyDating back to 2014, Mobily’s “LEORON” experience has grown from a single collaboration to a long-term partnership. We consider ‘’LEORON” Institute as a strategic partner, whose contribution has been nothing but premium in equipping our staff with field-based knowledge and information. Past three years have resulted with an expanded collaboration with superior customer service and support. Best Regards,Turki S. AlsahaanDir L&D, Talent Management at Mobily, Etihad Etisalat Company
