Description
Course Name: Diploma in Purchase Management
Course Id: DPM/Q1001.
Eligibility: Completion of 10+2 (higher Secondary) or equivalent.
Objective: Graduates can pursue careers in various sectors, including manufacturing, retail, government, healthcare, and logistics, and may work as purchasing managers, procurement officers, supply chain specialists, or inventory control managers. The diploma also provides a foundation for further education or certification in purchasing, procurement, and supply chain management.
Course Duration: Six Months.
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- 120 minutes.
- No. of Questions- 60. (Multiple Choice Questions).
- 10 Questions from each module, each carry 10 marks.
- Maximum Marks- 600, Passing Marks- 40%.
- There is no negative marking in this module.
| 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 | 41-50 | 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.
Syllabus
Introduction to Purchase Management: Definition and Scope of Purchase Management, Importance of Procurement in Supply Chain, Role and Responsibilities of a Purchase Manager, Types of Procurement (Direct, Indirect, Strategic), Procurement vs. Purchasing, Procurement Cycle Overview, Ethics in Procurement and Purchasing, Supplier Relationship Management, Legal Aspects of Procurement, Emerging Trends in Procurement.
Purchasing Process and Strategies: Steps in the Purchasing Process, Procurement Planning and Decision Making, Supplier Selection and Evaluation, Negotiation Techniques for Procurement, Cost Analysis and Budgeting in Procurement, Risk Management in Purchasing, Sustainable Procurement Practices, Strategic Sourcing and Category Management, Centralized vs. Decentralized Purchasing, Technology in Procurement (E-Procurement).
Vendor Management and Supplier Evaluation: Vendor Selection Criteria, Supplier Qualification and Certification, Performance Evaluation of Vendors, Vendor Development and Relationship Management, Contract Management and Supplier Agreements, Handling Supplier Complaints and Disputes, Supplier Risk Assessment and Mitigation, Sustainable and Ethical Sourcing, International vs. Local Sourcing, Role of Third-Party Procurement Agencies.
Inventory and Materials Management: Inventory Control Techniques, Just-in-Time (JIT) Inventory System, ABC Analysis for Inventory Classification, Economic Order Quantity (EOQ) Model, Stock Auditing and Valuation, Warehouse and Logistics Management, Demand Forecasting and Replenishment, Supply Chain Integration with Purchasing, Inventory Documentation and Record Keeping, Impact of Over and Under Stocking.
Cost Control and Financial Aspects of Procurement: Costing Methods in Procurement, Budget Planning and Allocation, Price Determination and Cost Analysis, Cost Reduction Techniques in Purchasing, Procurement Cost vs. Value Analysis, Return on Investment (ROI) in Procurement, Payment Terms and Credit Management, Financial Risks in Procurement, International Trade and Currency Exchange Risks, Role of Finance in Procurement Decisions.
Legal and Ethical Aspects of Procurement: Contract Law in Procurement, Legal Documentation in Purchasing, Compliance with Government Regulations, Ethical Issues in Purchasing, Anti-Corruption and Fraud Prevention, Intellectual Property Rights in Procurement, Import-Export Laws and Trade Regulations, Environmental Laws and Sustainable Procurement, Consumer Protection and Fair Trade Laws, Dispute Resolution in Procurement Contracts.
Job Opportunities after completion of Diploma in Purchase Management course:
Graduates of the Diploma in Purchase Management program are trained to oversee the procurement and purchasing processes within an organization. They are skilled in sourcing, supplier management, negotiating contracts, managing inventory, and ensuring that goods and services are acquired in a cost-effective and efficient manner. Purchase management is critical in both the private and public sectors, and professionals in this field are in demand across various industries, such as manufacturing, retail, construction, logistics, and more.
Career Options After Completion of the Diploma in Purchase Management
Here are detailed career options for graduates of this program, along with the expected salary ranges in India:
1. Purchase Manager
- Role: A Purchase Manager is responsible for sourcing, selecting, and negotiating with suppliers to procure the required goods and services. They manage procurement budgets, maintain inventory levels, and ensure that procurement activities comply with internal policies and regulations.
- Salary:
- Entry-level: ₹4–6 LPA
- Mid-level: ₹6–12 LPA
- Senior-level: ₹12–18 LPA
2. Procurement Manager
- Role: Procurement Managers oversee the entire procurement process, including strategic sourcing, vendor selection, and supplier relationship management. They ensure that procurement activities are aligned with company goals, budget constraints, and quality standards.
- Salary:
- Entry-level: ₹5–8 LPA
- Mid-level: ₹8–15 LPA
- Senior-level: ₹15–25 LPA
3. Purchase Officer
- Role: Purchase Officers handle day-to-day purchasing tasks such as obtaining quotations, evaluating suppliers, placing orders, and ensuring timely delivery of goods. They typically work under the supervision of a Purchase Manager or Procurement Manager.
- Salary:
- Entry-level: ₹2.5–4 LPA
- Mid-level: ₹4–6 LPA
- Senior-level: ₹6–8 LPA
4. Supply Chain Manager
- Role: A Supply Chain Manager in purchase management is responsible for overseeing the movement of goods from suppliers to customers. They manage all activities involved in the supply chain, including procurement, logistics, and inventory management.
- Salary:
- Entry-level: ₹6–8 LPA
- Mid-level: ₹8–15 LPA
- Senior-level: ₹15–25 LPA
5. Vendor Manager
- Role: Vendor Managers are responsible for managing relationships with suppliers and vendors. They negotiate contracts, manage supplier performance, and ensure that suppliers meet quality standards and deadlines.
- Salary:
- Entry-level: ₹4–6 LPA
- Mid-level: ₹6–10 LPA
- Senior-level: ₹10–15 LPA
6. Inventory Manager
- Role: Inventory Managers are responsible for maintaining the inventory levels of goods and materials. They work closely with the procurement team to ensure that stocks are replenished on time and that inventory costs are minimized.
- Salary:
- Entry-level: ₹3–5 LPA
- Mid-level: ₹5–8 LPA
- Senior-level: ₹8–12 LPA
7. Purchase Analyst
- Role: A Purchase Analyst is responsible for analyzing data related to procurement processes, vendor performance, and purchasing patterns. They provide insights to improve purchasing decisions, optimize costs, and identify areas for process improvement.
- Salary:
- Entry-level: ₹3–5 LPA
- Mid-level: ₹5–8 LPA
- Senior-level: ₹8–12 LPA
8. Sourcing Specialist
- Role: Sourcing Specialists are responsible for identifying and selecting suppliers that offer the best value in terms of cost, quality, and delivery time. They conduct market research, evaluate supplier bids, and negotiate contracts.
- Salary:
- Entry-level: ₹4–6 LPA
- Mid-level: ₹6–10 LPA
- Senior-level: ₹10–15 LPA
9. Contract Manager
- Role: Contract Managers ensure that the terms and conditions of procurement contracts are fulfilled by both parties (the buyer and the supplier). They handle contract negotiation, dispute resolution, and monitoring contract compliance.
- Salary:
- Entry-level: ₹5–7 LPA
- Mid-level: ₹7–12 LPA
- Senior-level: ₹12–18 LPA
10. E-Procurement Specialist
- Role: E-Procurement Specialists manage online procurement platforms, streamline electronic purchasing systems, and ensure compliance with digital procurement standards. They focus on improving transparency and efficiency in procurement operations through e-procurement tools.
- Salary:
- Entry-level: ₹3–5 LPA
- Mid-level: ₹5–8 LPA
- Senior-level: ₹8–12 LPA
11. Logistics and Purchase Coordinator
- Role: A Logistics and Purchase Coordinator is responsible for coordinating the logistics and transportation of purchased goods. They ensure that goods are delivered on time and handle issues such as delays or discrepancies in deliveries.
- Salary:
- Entry-level: ₹3–5 LPA
- Mid-level: ₹5–8 LPA
- Senior-level: ₹8–12 LPA
12. Procurement Consultant
- Role: Procurement Consultants advise companies on how to improve their procurement strategies, reduce costs, and implement best practices. They often work with organizations on a project basis, providing expert guidance on vendor management, supplier selection, and procurement processes.
- Salary:
- Entry-level: ₹4–6 LPA
- Mid-level: ₹6–10 LPA
- Senior-level: ₹10–20 LPA
13. Category Manager
- Role: Category Managers are responsible for managing a specific category of products or services. They analyze market trends, supplier performance, and customer demands to develop strategies for sourcing, purchasing, and managing product categories.
- Salary:
- Entry-level: ₹5–8 LPA
- Mid-level: ₹8–12 LPA
- Senior-level: ₹12–20 LPA
14. Retail Purchasing Manager
- Role: In the retail sector, Purchasing Managers oversee the procurement of products that will be sold in stores. They negotiate with suppliers, manage inventory levels, and ensure that the store always has enough stock of popular items.
- Salary:
- Entry-level: ₹4–6 LPA
- Mid-level: ₹6–10 LPA
- Senior-level: ₹10–15 LPA
15. Purchasing Coordinator
- Role: A Purchasing Coordinator is responsible for coordinating purchasing activities, from ordering materials to receiving and inspecting goods. They ensure the accuracy of orders and monitor inventory levels to avoid overstocking or stockouts.
- Salary:
- Entry-level: ₹3–4 LPA
- Mid-level: ₹4–6 LPA
- Senior-level: ₹6–8 LPA
Industries Employing Graduates of Purchase Management
- Manufacturing Industry (e.g., automobile, electronics, textiles)
- Retail Sector (e.g., supermarkets, online retailers)
- Construction Industry (e.g., sourcing building materials, machinery)
- Logistics and Supply Chain Companies
- Government and Public Sector Organizations (e.g., procurement for government projects)
- Consultancy Firms (advising on procurement best practices)
- IT and Technology Firms (procurement of hardware and software)
- Pharmaceutical Industry (procurement of drugs, medical devices, etc.)
- Educational Institutions (training programs in procurement management)
- Energy and Utilities Sector (procurement for large infrastructure projects)
Key Factors Influencing Salaries in India
- Experience: As in most industries, experience plays a key role in salary growth. Senior roles in purchase management (e.g., Procurement Manager, Supply Chain Manager) offer significantly higher salaries.
- Location: Cities with large industrial hubs, such as Mumbai, Delhi, Bangalore, and Chennai, typically offer higher salaries due to the demand for skilled procurement professionals.
- Industry: Purchase management professionals in high-demand sectors such as retail, manufacturing, and construction may earn more due to the scale and complexity of procurement functions.
- Skills and Certifications: Specialized certifications in procurement and supply chain management (e.g., CIPS, PMP, Six Sigma) can lead to better salary packages and career advancement.
Graduates of the Diploma in Purchase Management can expect to work in a variety of sectors and take on roles that are integral to the efficiency and success of businesses. This career offers opportunities for growth, especially for those who develop expertise in procurement strategies, vendor management, and supply chain optimization.
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