CILT Certified International Procurement Professional (CIPP)
5 DaysCILT Certified International Procurement Professional (CIPP)
Course Methodology
This course employs diverse interactive training techniques, including case studies, team exercises, videos, and questionnaires.
Course Objectives
By the end of the course, participants will be able to:
- Describe the fundamental principles and challenges of international procurement management as a basis for ensuring supply security, customer satisfaction, and cost savings
- Manage the end-to-end procurement process from requisition to payment to ensure efficiency and compliance
- Recognize the complexities of global trade and shipping to facilitate smooth cross-border transactions
- Construct conceptual ideas for the adoption of emerging technologies to impact sustainable procurement operations positively
- Develop strategies for effectively managing relationships with international vendors to drive mutual success
Target Audience
Buyers, senior buyers, purchasing supervisors, purchasing managers, and other supply chain staff.
Target Competencies
- International procurement
- Procure-to-Pay (P2P) cycle
- Vendor negotiations
- INCOTERMS 2020
- International shipping
- Technological trends
- Vendor relationship management
Course Outline
- Introduction to International Procurement Management
- Overview of procurement
- Procurement management objectives
- Direct vs. indirect procurement
- Procurement matrix overview
- Category management
- Global sourcing strategies
- The Procure-to-Pay (P2P) Process
- P2P process overview
- Purchase requisitions
- Sourcing and supplier qualification
- Vendor selection
- Negotiation strategies
- RFX and Purchase Order (PO) processing
- Good receipt and inspection
- Invoice processing
- Global Trade and International Shipping
- The international trade map
- Major trading blocs & international agreements
- Key stakeholders in international trade
- International shipping modes
- Incoterms 2020 overview
- Customs procedures and international shipping documentation
- Overseas payment methods
- Global supply risks and mitigation strategies
- Technological Trends in Procurement
- Prominent trends impacting procurement
- Disruptive technology in procurement
- Leveraging big data and analytics
- E-procurement
- Artificial Intelligence (AI) applications
- Blockchain applications
- 3D printing at site
- Managing International Vendor Relations
- Partnership models
- Soft elements of vendor relations
- Cultural considerations
- Relationship management principles
- Communication strategies
- Vendor performance management
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Classroom Schedule
Virtual Schedule
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