Procurement Certifications in Trinidad & Caribbean: CIPP and CIPM
UPCOMING SCHEDULE:
Certified International Procurement Professional (CIPP)
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Certified International Procurement Manager (CIPM)
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- 6 weekly Classes - 4 hours per week
- Exam on the 7th Week
How Can I Register?
Contact Regional Partner at +1-(868)-753-9535 or vernonh@pmmsl.com
Independent Accreditations!
CIPP & CIPM certifications are awarded by Purchasing & Procurement Center and independently accredited by the International Federation of Purchasing and Supply Management (IFPSM), as complying with their global standards.
This accreditation puts CIPP & CIPM certifications on par with those offered by other IFPSM-accredited institutions, such as California State University, University of Twente, European Institute of Purchasing Management (EIPM), and Old Dominion University Virginia.
CIPP & CIPM Procurement Certification Objectives
Procurement is an exciting field with plenty of career opportunities. The CERTIFIED INTERNATIONAL PROCUREMENT PROFESSIONAL (CIPP) and CERTIFIED INTERNATIONAL PROCUREMENT MANAGER (CIPM) are two of the most prestigious qualifications for all the aspiring as well as experienced procurement professionals.
Certification Objectives
- To promote recognition and acceptance of professional status for certified people involved in purchasing operations, among other areas of business management.
- To develop performance standards and operational guidelines which can improve the efficiency and effectiveness of purchasing.
- To develop and live by a code of ethical standards for purchasing operations under which modern business practices might be more clearly understood and favorably accepted by the public in general.
PROFESSIONALISM
Certification indicates a high level of professionalism to both coworkers and customers, increasing one's value in the marketplace.
LEADERSHIP
Certification signifies an employee as dedicated to continuous improvement of himself/herself.
RECOGNITION
Only a small fraction of professionals ever achieve certification, indicating that they are leading professionals in their fields.
KNOWLEDGE
Certification will improve one's understanding of the most current processes and trends in one's profession.
ETHICAL BEHAVIOUR
Individuals who become certified must subscribe to a rigorous code of ethics appropriate to the specific profession.
Can CIPP and CIPM Certifications Impact Salary Levels?
Research data has shown that employers typically reward certified employees with salaries that are 25 to 40% higher than those who are not certified. A high correlation between certification and salary exists for virtually all professions and all industries sampled.
CIPP and CIPM Topics Coverage
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Level 1 – CIPP 1. Strategic Sourcing Full review of the 7 Step Sourcing Process, from sourcing suppliers up to performing reviews after contract completed. 2. Negotiation Preparation How to meticulously prepare for negotiations, conduct effective research, and develop negotiation strategies tailored to specific contexts.Topics covered will include stakeholder analysis, BATNA, ZOPA), when to use win-win outcomes and more. 3. Procurement Ethics Exploring integrity, transparency, fairness, and accountability, how to identify and address ethical dilemmas including conflict of interest, supplier relationships, bribery, and corruption prevention. 4. Supplier Qualification & Performance Management Exploring the critical aspects of supplier qualification, including assessment criteria, basic risk evaluation, compliance standards, establish key performance indicators (KPIs), conduct supplier evaluations, and implement performance improvement strategies. 5. Commercial Contracts Terms & Conditions Exploring contract offer, acceptance, legal considerations, up to pricing structures, delivery terms, warranties, indemnities, and dispute resolution mechanisms. 6. Cost and Price Analysis & Management Differentiating between cost and price, identifying cost components, and analyzing pricing structures. Topics covered will include cost estimating, price benchmarking, value analysis with the objective of being proficient in conducting cost and price analyses, ensuring good value and cost savings. |
Level – 2 CIPM 1. Contract Administration - After the Award Managing contract scope after the award, change orders, and dispute resolution, this part will provide the necessary skills to effectively administer contracts, mitigate risks, and ensure successful contract outcomes. 2. Managing Cost Reduction & Price Increases Identifying cost-saving opportunities, using Total Cost of Ownership (TCO) value engineering, supplier collaboration, process to resist price increases, contract price adjustments and contract renegotiation. 3. Advanced Negotiations Dealing with complex procurement scenarios including negotiation planning, power dynamics, persuasion techniques, conflict resolution and roles plays. 4. Category Management How to manage specific spend categories to drive value, reduce costs, and improve supplier performance by focusing on spend analysis, market research, supplier segmentation, and strategic planning. 5. Finance Concepts for Procurement Interpreting financial statements and assessing the financial health of suppliers by analyzing supplier financial data, and making financially sound procurement decisions. 6. Supplier Relationship Management Exploring best practices of supplier relationship management, supplier segmentation, communication strategies, and conflict resolution so that to effectively manage supplier relationships, fostering collaboration, innovation, and long-term success. |
One Fixed Enrollment Fee
When enrolling for CIPP or CIPM, there are No hidden fees with One-All Inclusive price as below:
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CIPP at USD 1,995 |
CIPM at USD 1,995 |
- LIVE Virtual Lectures for a total of six weeks (1 session per week / every Saturdays)
- Electronic Study Guide
- Online Certification Exam one week after the LIVE Virtual Training
- Certification Upon Successful Passing of the Exam
Upcoming Schedule for CIPP and CIPM Programs:
Certified International Procurement Professional (CIPP)
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Certified International Procurement Manager (CIPM)
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- Live Online Sessions
- 6 Weeks x 4 Hours per Week
- Live Online Exam on the 7th Week
How Can I Register?
Contact Regional Partner at +1-(868)-753-9535 or vernonh@pmmsl.com
Who Should Enroll in the CIPP and CIPM Certification Programs?
Who Should Enroll in the CIPP and CIPM Certification Programs?
These programs are perfect for procurement professionals, supply chain managers, contract managers, and business owners in Trinidad and the Caribbean who want to gain a competitive edge in the global marketplace.
How Are These Certifications Delivered?
How Are These Certifications Delivered?
The certifications are delivered through flexible online courses, in-person workshops, or blended learning options, making them accessible to professionals in Trinidad and the Caribbean. Check the page for available dates and formats.
What Are the Benefits of Obtaining CIPP and CIPM Certifications?
What Are the Benefits of Obtaining CIPP and CIPM Certifications?
These certifications equip you with advanced procurement skills, improve your earning potential, and position you for leadership roles. They are particularly valuable for navigating the unique procurement challenges in the Caribbean region.
Are These Procurement Certifications Internationally Recognized?
Are These Procurement Certifications Internationally Recognized?
The CIPP and CIPM certifications are globally recognized through IFPSM and are designed to enhance your skills in strategic sourcing, supplier management, and procurement leadership. They are ideal for professionals aiming to elevate their careers and make a significant impact in the procurement field.