ASCM Supply Chain PROCUREMENT CERTIFICATE: The program provides an overview of procurement fundamentals, sourcing strategies, supplier relationship management, negotiations, evaluation metrics, and more.

The Supply Chain Procurement Certificate program is a foundational education program designed to help both entry-level and experienced supply chain professionals expand their procurement knowledge and skills. You’ll be better equipped to:

Develop a strategic sourcing strategy
Establish effective procurement policies
Effectively score supplier capabilities and select optimal suppliers
Engage in more effective contract management negotiations
Trace the purchase order flow from requirements identification to purchase order close-out
Review supplier and internal procurement organization performance using data and metrics
Engage in sustainable and ethical sourcing

Train your team in Supply Chain Procurement

The program includes 20 hours of education and a comprehensive final exam within an interactive online platform. You will also have access to flashcards, video clips, practice questions and more to help cultivate a stronger understanding of each topic.

After passing the exam, you will earn your certificate and a digital badge that you can display on your LinkedIn profile and within your email signature. Additionally, learners can earn 20 certification maintenance points upon completion of the program.

Who should attend?

The ASCM Supply Chain Procurement Certificate program is designed for both new and experienced procurement professionals, as well as individuals transitioning into procurement roles. It is also relevant for other supply chain professionals, suppliers and vendors, students, and recent graduates interested in procurement or supply chain management. This program benefits individuals in various industries who want to enhance their understanding of procurement processes and strategies, regardless of their previous experience or background.

Each ASCM Supply Chain CERTIFICATE PROGRAM is available as Instructor-led Public Training, In-house class, and/or Online Self-Paced Training. Choose your preferred method of learning and contact Symix Premier APICS Training Partner to start your learning journey.

Instructor-led Public Training

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In-house Class

Interested in ordering this program for your team? Contact us.

Online Self-study

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Available Courses and Exams

ASCM Self Study Supply Chain Procurement Certificate Course 31 December 2024 | Self-study, International

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Advance your Supply Chain career. Enroll now:

What is the Supply Chain PROCUREMENT CERTIFICATE

Develop a strong foundation in procurement with the ASCM Supply Chain Procurement certificate program. The program includes a thorough course with hours of education
and a comprehensive final exam covering the following topics:

Fundamentals of Purchasing
Sourcing Strategies
Purchase Order Management and Performance Measurement
Contract Management and Negotiations
Sustainability and Ethical Sourcing
Procurement Evaluation Metrics and Intelligent Supply Chain

Top reasons to get started

Career Advancement: Stand out in a competitive job market with a digital badge proving competence in a critical function of the supply chain.
Flexibility: The certificate program can be self-paced so you can make it work for your schedule. You’ll have lifetime access to the course materials.
Credibility: ASCM is the gold standard in supply chain education, training, and development.

Benefits for organizations

Organizations benefit from the ASCM Supply Chain Procurement Certificate through improved procurement performance, enhanced supplier relationships, increased efficiency, and reduced risks. The program fosters stronger supplier partnerships and emphasizes risk management, protecting the organization from disruptions. Investing in this certification not only enhances the procurement function but also demonstrates a commitment to employee development, improving job satisfaction and retention.

Benefits for individuals

The ASCM Supply Chain Procurement Certificate significantly boosts career prospects by validating procurement knowledge and skills, leading to advancement opportunities and higher earning potential. It equips individuals with valuable expertise in areas like sourcing, negotiation, and supplier management, improving job performance and effectiveness. The globally recognized credential enhances professional credibility and opens doors to networking opportunities, fostering growth and recognition within the procurement field.

Supply Chain PROCUREMENT Learning Topics

1. Purchase Order Management and Performance Measurement

Objectives:

List the five steps in the purchase order flow.
List the two steps in the purchasing cycle that are not included in the purchase order flow.
Compare static to dynamic database files.
Calculate MRP using inventory data provided.
Define vendor-managed inventory (VMI) process.
List one step in the purchase order flow that is not included in the procure-to-pay cycle.
List the five components of a SRM system.

Topics: Purchase Order Management and Performance Measurement - Overview

Purchase Requisition

Purchase Order Flow
Visual Purchasing Policies Purchase Order Flow Step 1: Generate Requisition
Data Maintenance — Static and Dynamic Database Files
Material Requirements Planning
MRP Purchase Order Actions
Purchasing Kanban
Supplier Kanban Example
Order Point and Periodic Review
Budgeted versus Unexpected Requirements

Purchase Order Management

Purchase Order Flow Step 2: Issue Purchase Order – Ordering Approaches
Vendor-Managed Inventory (VMI)
Purchasing Process Methods
Timing of Purchases
Transportation Mode Decision
Purchase Order Flow Step 3: Follow Up — Status Reporting
Purchase Order Flow Step 4: Receiving and Order Close-Out
Purchase Order Flow Step 5: Approve Payment

Purchasing Performance Measurement

Purchasing Performance Measurement
Global Sourcing
Effect of Technology and the Internet on Purchasing
Internet-Enabled Purchasing Components
Supplier Relationship Management (SRM)
SRM Services
SRM Processing
Portals and Auctions

Video Interview: Purchase Order Management

Purchase Order Management and Performance Management - Summary

2. Contract Management and Negotiations

Objectives:

List the five steps in the purchase order flow.
List the two steps in the purchasing cycle that are not included in the purchase order flow.
Compare static to dynamic database files.
Calculate MRP using inventory data provided.
Define vendor-managed inventory (VMI) process.
List one step in the purchase order flow that is not included in the procure-to-pay cycle.
List the five components of a SRM system.

Topics: Contract Management and Negotiations - Overview

Contract Management

Contract Defined
Phases of Contract Management
Contract Performance
ERP System Functionality and SRM for Contract Management
Dispute Resolution

Negotiations – What to Negotiate

Negotiation Objectives – What Is negotiated?
Agreements Drive Negotiations
Value and Risk
Pricing
Terms and Conditions - Specific to Contract
Terms and Conditions - Generic
Terms and Conditions – Legal Clauses

Negotiations - How to Negotiate

Negotiations – How to Negotiate
Grasp the Situation
Five Forces of Competition
Culture
Procurement Classification Matrix and SWOT Analysis

PDCA Framework

Interview: Negotiations

Contract Management and Negotiations – Summary

3. Sustainability and Ethical Sourcing

Objectives:

Explain the benefits of utilizing sustainable procurement principles and practices.
Explain the Triple Bottom Line.
List the 10 principles of the UN Global Compact.
List methods for using sustainability in product design.
Give examples of supplier sustainability criteria, including economic, social and environmental actions.
List elements of sustainable packaging.
Define why it is important for procurement professionals to act and source in an ethical manner.
Explain the use of diversity in ethical sourcing.

Topics: Sustainability and Ethical Sourcing – Overview

Sustainability Principles

Guidelines and Standards

Sustainability Guidelines and Standards That Influence Procurement
Global Reporting Initiative
Recognized Standards in Procurement: ISO
Other Recognized Standards in Procurement

Application of Sustainability in Procurement

Applying Sustainability to Procurement Activities
General Procurement Sustainability Guidelines
Sustainable Sourcing of Products and Services
Sustainability Activities with Suppliers
Working with Suppliers on Packaging
Sustainable Procurement Logistics Activities
Organizational Activities for Procurement
Implementation of Sustainable Procurement
Prioritizing Products and Services
Sustainable Procurement Trade-offs
Sustainable Procurement Success Criteria.

Ethical Sourcing

Ethics within the Procurement Function
General Ethics Issues
Ethical Sourcing
Diversity in Sourcing
Conflict Minerals
Code of Conduct
Legislation related to Sourcing Practices
Benefits of Ethical Sourcing
Steps to Ensure Ethical Behavior and Sourcing
How to Begin an Ethical Sourcing Initiative

Interview: Sustainability

Sustainability and Ethical Sourcing – Summary

4. Procurement Evaluation Metrics and Intelligent Supply Chain

Objectives:

Discuss the importance of metrics within procurement.
Develop procurement metrics for the procurement area and suppliers.
Know how to use benchmarking and discuss the benefits.
Describe the elements of balanced scorecards.
Identify sustainability measurement criteria.
Develop a supplier rating system for evaluating suppliers.
Describe the use of blockchain technology.
Understand the different types of advanced analytics.
List different kinds of artificial intelligence.

Topics: Procurement Evaluation Metrics and Intelligent Supply Chain - Overview

Procurement Evaluation Metrics

Introduction to Procurement Evaluation Metrics
Using Measurements in Procurement
Steps to Implement a Procurement Metrics Program
Challenges for Measurement Systems
Benchmarking and KPIs
Key Performance Indicators (KPIs)

SCOR and ASCM Enterprise

SCOR and SCOR metrics
ASCM Enterprise Certification

Procurement and Supplier Metrics

Intelligent Supply Chain

Intelligent Supply Chain
Role of Information in the Management of the Supply Chain
Cloud Computing, Big Data, Control Towers, and Artificial Intelligence
Advanced Analytics
Inter-organizational Systems
Blockchain and Internet of Things (IoT)
Supply Chain Event Management
Intelligent Supplier Collaboration and Interaction
Intelligent Supply Chain Logistics
Other Supply Chain Technology and Trends

Interview: Procurement Evaluation Metrics Procurement Evaluation

Metrics and Intelligent Supply Chain - Summary

Test: Supply Chain Procurement Certificate

Passing score: 70%

Questions: 72

12 questions per session

• Fundamentals of Procurement

• Sourcing Strategies

• Purchase Order Management and Performance Measurement

• Contract Management and Negotiations

• Sustainability and Ethical Sourcing

• Procurement Evaluation Metrics and Intelligent Supply Chain

• Test: Supply Chain Procurement Certificate

Prepare for the Exam

Symix ASCM (APICS) Premier Channel Partner offers certification preparation classes led by internationally recognized ASCM (APICS) qualified instructors in multiple locations.

For companies seeking in-house training for their employees we offer certification preparation classes at time and place convenient for your organization.

Training Calendar

Exams and Exam Dates

APICS (ASCM) exams are delivered via computer-based testing MPR(CBT) at Pearson VUE test centers, which are located around the world.

The exam is computer based in English and the questions are closed (you can choose from several answers).

Exams and Exam Dates

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