Last updated on April 2nd, 2024 at 04:42 am
Imagine you're running a business and you want to save money while still getting the best goods and services possible. That's where procurement management comes in!
Procurement management is an important part of running any business. When done well, it can help a company get the best possible goods and services for the best price, quality and quantity. This can have a big impact on how profitable and successful the company is overall.
If you're thinking about getting into a career in procurement, you might want to know what you need to do to get started. This article is about the importance of buying things for a company and how buying things well can help a company. It will also talk about what you need to do to get started in a career in procurement.
Procurement Management Courses
Procurement management courses cover key topics needed to manage procurement in an organisation, including procurement strategy, supplier management, contract negotiation and risk management. These courses equip students with the skills and knowledge to make effective decisions and obtain quality goods and services for their organisation.
That sounds great! Isn’t it? So, what types of procurement management courses are available?
Different types of procurement management courses are available, ranging from short-term certificate courses to full-time postgraduate programmes. Some courses are offered online, while others are taught in a traditional classroom setting. This means that there are plenty of options to choose from depending on your goals and schedule.
Online procurement management courses help you learn job-oriented skills even while working. Imarticus is a top learning platform that helps students and professionals learn essential 21st-century skills. The professional certification in supply chain management & analytics is an advanced curriculum course offered by IIT Roorkee. It covers tools and languages like Microsoft Excel, Tora and Python.
Benefits of Professional Certification in Supply Chain Management & Analytics
- This course is designed to help you learn new, job-oriented skills that can help you grow in your current job or even find a new job opportunity.
- You'll receive a certification from IIT Roorkee, which is recognised by many top companies. That can be really helpful when you're looking for a new job or trying to advance in your current career.
- To help you succeed, the course also includes 1:1 mentoring sessions with industry experts. This can be a really valuable opportunity to get personalised advice and guidance as you work through the course material.
- Finally, the course includes a 3-day college immersion programme where you'll learn from IIT faculty in real classrooms. This can be a great way to get hands-on experience and learn from some of the best experts in the field!
Qualification for Procurement Management Courses
Short-term courses usually have pretty minimal requirements for entry, but postgraduate programmes might require you to have a bachelor's degree in a related field. Here are some of the qualifications you might need to consider:
- High School Diploma: Some short-term certificate courses may only require a high school diploma or equivalent qualification.
- Bachelor's Degree: Postgraduate programmes may require a bachelor's degree in a relevant field like business administration or supply chain management.
- Work Experience: Some procurement management courses may require work experience in procurement or a related field.
- Professional Certifications: There are several professional certifications available in procurement management, such as the Certified Professional in Supply Management (CPSM) and the Certified Purchasing Professional (CPP). These certifications can be an excellent way to demonstrate your expertise in the field and may be required for some procurement management courses.
Benefits of Obtaining a Procurement Management Qualification
There are several benefits to obtaining a procurement management qualification, including:
- Getting a procurement management qualification can offer many benefits, such as helping you stand out from other candidates for procurement management jobs.
- With this qualification, employers see your commitment and knowledge of the field, which can lead to a higher salary, too. According to Ambition Box, the average salary for a procurement manager in India is 11.3 lakhs per year.
- Additionally, you'll learn more about the procurement process, which can make you a more effective negotiator and manager.
- Finally, procurement management courses can help you connect with others in the industry, giving you networking opportunities and potentially leading to new job prospects.
Procurement Management Course: Next Milestone
Procurement management is crucial to any organisation. A procurement management qualification can provide you with the knowledge and skills needed to manage procurement effectively. The qualifications required for a procurement management course depend on the course type. Generally, a high school diploma or bachelor's degree in a relevant field, work experience or professional certifications may be required.
Get ahead in your procurement management career by obtaining a qualification! It can offer benefits like better job prospects, higher salaries, improved skills and networking opportunities. For a top-notch option, check out the professional certification in supply chain management & analytics by IIT Roorkee and Imarticus Learning.
