Description
Certification Name: Certificate in Procurement & Vendor Management
Course Id: CPVM/Q0001.
Eligibility: Graduation or Equivalent.
Objective: The Certified Procurement & Vendor Management course is designed to equip professionals with advanced knowledge and strategic skills required to oversee procurement operations and manage vendor relationships effectively. The program emphasizes the integration of procurement planning, supplier evaluation, contract management, and risk mitigation to optimize organizational resources and ensure cost-efficiency.
Duration: Three Month.
How to Enroll and Get Certified in Your Chosen Course:
Step 1: Choose the course you wish to get certified in.
Step 2: Click on the “Enroll Now” button.
Step 3: Proceed with the enrollment process.
Step 4: Enter your billing details and continue to course fee payment.
Step 5: You will be redirected to the payment gateway. Pay the course and exam fee using one of the following methods:
Debit/Credit Card, Wallet, Paytm, Net Banking, UPI, or Google Pay.
Step 6: After successful payment, you will receive your study material login ID and password via email within 48 hours of fee payment.
Step 7: Once you complete the course, take the online examination.
Step 8: Upon passing the examination, you will receive:
• A soft copy (scanned) of your certificate via email within 7 days of examination.
• A hard copy (original with official seal and signature) sent to your address within 45 day of declaration of result.
Step 9: After certification, you will be offered job opportunities aligned with your area of interest.
Online Examination Detail:
Duration- 60 minutes.
No. of Questions- 30. (Multiple Choice Questions).
Maximum Marks- 100, Passing Marks- 40%.
There is no negative marking in this module.
| Marking System: | ||||||
| S.No. | No. of Questions | Marks Each Question | Total Marks | |||
| 1 | 10 | 5 | 50 | |||
| 2 | 5 | 4 | 20 | |||
| 3 | 5 | 3 | 15 | |||
| 4 | 5 | 2 | 10 | |||
| 5 | 5 | 1 | 5 | |||
| 30 | 100 | |||||
| How Students will be Graded: | ||||||
| S.No. | Marks | Grade | ||||
| 1 | 91-100 | O (Outstanding) | ||||
| 2 | 81-90 | A+ (Excellent) | ||||
| 3 | 71-80 | A (Very Good) | ||||
| 4 | 61-70 | B (Good) | ||||
| 5 | 51-60 | C (Average) | ||||
| 6 | 40-50 | P (Pass) | ||||
| 7 | 0-40 | F (Fail) | ||||
Key Benefits of Certification- Earning a professional certification not only validates your skills but also enhances your employability. Here are the major benefits you gain:
Practical, Job-Ready Skills – Our certifications are designed to equip you with real-world, hands-on skills that match current industry demands — helping you become employment-ready from day one.
Lifetime Validity – Your certification is valid for a lifetime — no renewals or expirations. It serves as a permanent proof of your skills and training.
Lifetime Certificate Verification – Employers and institutions can verify your certification anytime through a secure and reliable verification system — adding credibility to your qualifications.
Industry-Aligned Certification –All certifications are developed in consultation with industry experts to ensure that what you learn is current, relevant, and aligned with market needs.
Preferred by Employers – Candidates from ISO-certified institutes are often prioritized by recruiters due to their exposure to standardized, high-quality training.
Free Job Assistance Based on Your Career Interests – Receive personalized job assistance and career guidance in your preferred domain, helping you land the right role faster.
Assessment Modules:
Module 1: Foundations of Procurement and Vendor Management: Introduction to Procurement and Supply Chain Management, Role and Responsibilities of Procurement & Vendor Management Head, Principles of Strategic Sourcing, Procurement Ethics and Professional Standards, Understanding Organizational Procurement Policies, Overview of Vendor Lifecycle Management
Module 2: Strategic Sourcing and Supplier Selection: Supplier Identification and Market Research, Vendor Evaluation and Qualification Criteria, Request for Proposal (RFP) and Tender Processes, Cost-Benefit Analysis and Total Cost of Ownership, Negotiation Strategies and Techniques, Supplier Risk Assessment and Mitigation
Module 3: Contract Management and Legal Compliance: Contract Drafting and Agreement Management, Terms and Conditions Negotiation, Legal and Regulatory Compliance in Procurement, Intellectual Property and Confidentiality Considerations, Monitoring Contract Performance, Dispute Resolution and Escalation Mechanisms
Module 4: Supplier Relationship Management (SRM): Building and Maintaining Supplier Relationships, Performance Monitoring and Scorecards, Supplier Development and Collaboration, Conflict Resolution with Vendors, Communication and Reporting Mechanisms, Continuous Improvement Initiatives with Suppliers
Module 5: Procurement Operations and Technology Integration: Purchase Order Management and Approval Workflows, Inventory and Materials Management, E-Procurement and Digital Tools, Automation of Procurement Processes, Data Analytics for Procurement Decisions, Integration of ERP Systems with Procurement Functions
Module 6: Strategic Planning and Risk Management in Procurement: Developing Procurement and Vendor Management Strategy, Strategic Sourcing and Cost Optimization, Risk Management and Business Continuity Planning, Sustainability and ESG Considerations in Procurement, KPI Measurement and Performance Reporting, Emerging Trends and Best Practices in Procurement & Vendor Management
