Certified Advanced Procurement Specialist CAPS

Overview:

Introduction:

This training program is designed to prepare participants for the certification exam only.

This training program delves into advanced procurement strategies, emphasizing the development of skills in sourcing, negotiation, and risk management. It equips participants with the tools to manage complex supply chains and optimize procurement processes in a global context.

Program Objectives:

By the end of this program, participants will be able to:

• Develop a deep understanding of advanced procurement processes and strategies.

• Master negotiation techniques to secure favorable contracts.

• Learn to assess and mitigate procurement-related risks effectively.

• Understand the complexities of global supply chain management.

• Prepare for the Certified Advanced Procurement Specialist (CAPS) exam with confidence.

Targeted Audience:

• Senior procurement professionals aiming for advanced certification.

• Purchasing managers and procurement officers.

• Contract managers and specialists.

• Supply chain managers.

• Professionals involved in strategic sourcing and procurement.

Program Outlines:

Unit 1:

Advanced Procurement Strategies:

• Strategic Sourcing Techniques.

• Category Management and Procurement Portfolio.

• Supplier Relationship Management.

• Total Cost of Ownership Analysis.

• Sustainable Procurement Practices.

Unit 2:

Negotiation and Contract Management:

• Advanced Negotiation Strategies.

• Contract Lifecycle Management.

• Key Contract Terms and Conditions.

• Important advices for Negotiatiing with International Suppliers.

• Conflict Resolution methods in Contract Negotiations.

Unit 3:

Risk Management in Procurement:

• Identifying and Assessing Procurement Risks.

• Mitigating Supply Chain Disruptions.

• Legal and Ethical Risks in Procurement.

• Cybersecurity and Data Privacy in Procurement.

• Techniques for Managing Risks in International Procurement.

Unit 4:

Global Supply Chain Management:

• Global Sourcing and Supply Chain Dynamics.

• Advices for Managing Cross-Border Procurement Operations.

• Impact of Trade Agreements and Regulations.

• Logistics and Supply Chain Optimization.

• Global Market Trends and Procurement Challenges.

Unit 5 

Exam Preparation and Case Studies:

• CAPS Exam Format and Key Focus Areas.

• Best Practices from Procurement Case Studies.

• Sample exam questions and their potential answers.

• Recap of Key Concepts.

Note: This program is designed to prepare participants for the certification exam only.