Certified International Procurement Manager (CIPM)

CIPM is an advanced-level certification in procurement, equipping procurement professionals with insights into the complete procurement cycle process, international sourcing, and current issues and techniques related to purchasing and supply chain management in an international context, from the basic to the advanced level. 
 

This training program is designed to provide participants with the complex concepts in purchasing to attain leadership positions and will cover topics such as new tools of sourcing success, including e-commerce and internet strategies; supply-chain management technology, including eRFx systems, auction sites, and bid optimization; strategic sourcing initiatives; offshore and international sourcing, and much more.

• Design global procurement plans stemming from organizational goals
• Learn how to establish the process of developing the total landed cost of acquisition
• Identify the different methods of procurement available in global sourcing
• Know the different methods of acquisition (direct, offshore buying office, etc.) for global sourcing
• Learn how global negotiations differ from domestic negotiations.
• Obtain an understanding of the different laws governing contracts from offshore suppliers (CISG and Domestic Contract Law) and how they impact the risk of buyer contract performance
• Explore the various customs laws, regulations, and tariffs and how they affect the supply management process.
• Analyze several global trade barriers and how they affect the global sourcing process
• Know how to determine whether to denominate a contract in dollars or in the (foreign) currency of the offshore supplier.
• Understand how currency devaluations and revaluations of foreign currencies affect the prices paid by domestic buyers and foreign suppliers
• Master the documentation required in international trade
• Recognize the various methods of payment available for offshore purchases and which of those are most advantageous to the buyer