Certified Purchase Manager

Certified Purchase Manager

Certified Purchase Manager

Vskills certification in Purchase Management provides an overview of the purchase
function and its importance in smooth functioning of operations and supply chain
management. The certification focuses on providing an outline of the responsibilities as a
purchase manager to control the overall procedure of material handling and purchase
function. The certification imparts requisite skills for maintaining adequate and in-time
purchase of the material together with ensuring economic-efficiency and quality of goods
and service procured.

Why should one take this certification?

The certification exam helps working professionals in improving skills and getting better
equipped for the job or for the purpose of proving the employer that you posses the skills
required to perform the task. The certification helps build your CV and acts as an
additional qualification that significantly improves your chances of getting the desired role.

Who will benefit from taking

taking this certification?
Job seekers looking to find employment in purchase department of various companies,
students generally wanting to improve their skill set and make their CV stronger and
existing employees looking for a better role by proving their employers the value of their
skills through this certification.

Test Details:

• Duration: 60 minutes
• No. of questions: 50
• Maximum marks: 50, Passing marks: 25 (50%); There is no negative marking in
this module.

Fee Structure:

Rs. 3,499/- (Excludes taxes) *

*Fees may change without prior notice, please refer http://www.vskills.in for updated fees

Companies that hire Vskills Purchase Manager

Vskills Certified Purchase Manager might find employment in all kind of companies, big or
small, playing important roles in providing strategic and operational guidance in the
purchase department. Thus purchase managers have wide spectrum of employment
opportunities in public as well as private sector.

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 Certified Purchase Manager

Table of Content
1. Materials
Materials Management
Management
1.1 Objectives of Materials Management
1.2 Functions of Materials Management
1.3 Organisation of Materials Management
1.4 Need, Scope and Functions of Integrated Material Management
2. Materials
Materials Planning
2.1 Need of Materials Planning
2.2 Factors affecting Materials Planning
2.3 Tools of Materials Planning
2.4 Principles and Procedure for Materials Planning
2.5 Basic concepts of MRP (Material Requirements Planning)
2.6 MRP Processing
2.7 Computer Application to MRP Process
2.8 MRP reports - Database recording and maintenance
2.9 Independent and dependent MRP system
3. Materials Budgeting
3.1 Basic concepts of Materials Budgeting
3.2 Factors affecting Materials Budget
3.3 Materials Budgeting and Accounting
4. Material Classification,
Classification, Standardization and Codification
4.1 Material classification for variety reduction
4.2 Material classification on the basis of Value Analysis
4.3 Basic concepts of codification
4.4 Systems of codification
4.5 Classification by codification
4.6 Objectives and scope of standardization
4.7 Simplification/Variety of reduction
4.8 Levels of standard
5. Material Handling
5.1 Importance and Objectives of Material Handling
5.2 Methods and Practices of Material Handling
5.3 Equipments for Material Handling
5.4 Containerizations
5.5 Waste Management - Surplus and Obsolete
5.6 Damage and Pilferage
5.7 Cost Analysis

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6. Stores
Stores Management and Warehousing
6.1 Stores Functions and objectives
6.2 Types of Stores – Centralized and decentralized
6.3 Functions of stores
6.4 Stores Layout, Storage Media and Physical Verification
6.5 Factors affecting successful Store-keeping
6.6 Warehouse Management System (WMS)
6.7 Warehouse operating principles
6.8 Strategy for warehousing
6.9 Planning Warehouse distribution
6.10 Warehouse Layout
6.11 Automatic Warehousing
6.12 Schemes of Automatic Warehousing
7. Inventory Management
7.1 Types of Inventory
7.2 Types of Inventory Costs and factors affecting
7.3 Inventory Management Models – Deterministic and Probabilistic Models
7.4 Techniques of Inventory Control
7.5 Inventory Performance Measurement (Ratio Analysis)
8. Purchase Management System
8.1 Objectives of Purchasing
8.2 Functions and responsibilities of Purchase Department
8.3 Methods of Purchasing
8.4 Purchase Department Organization
8.5 JIT Purchasing – Prerequisites and Elements
9. Vendor Management
9.1 System of Vendor evaluation
9.2 Parameters for evaluation of Vendors Performance
9.3 Social Audit
9.4 Total evaluation – Purchasing Performance, Quantitative Objects etc
9.5 Guidelines for purchase through tender and negotiation tender committee
9.6 Purchase Review
10. Value Analysis System
10.1 Value Analysis – Procedure and Approach
10.2 Tools for Value Analysis
11. Negotiation Skills
11.1 Basic approaches for Negotiation
11.2 Strategy and Planning for Negotiation
11.3 Tactics of effective negotiation

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12. Quality Control

12.1 Components and characteristics of quality
12.2 Objectives and functions of quality control
12.3 Acceptance sampling – Principles and Practices
12.4 Double and Multiple Sampling
12.5 OC and AOQ Curve
13. Stock Keeping and Accounting
13.1 Maintaining Database system
13.2 Preparing reports
13.3 Managing Queries
14. Legal Framework
14.1 The Indian Contract Act, 1872
14.2 The Sales of Goods Act, 1930
14.3 Special Purchase Contracts
14.4 Goods Delivery

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Sample Questions
1. A stipulation in a contract of sale pertaining to goods which is essential to the
main purpose of the contract is called ______________.
A. Condition
B. Acceptance
C. Rejection
D. Warranty

2. The system of purchasing from one’s customer preferred to others is known as

________________.
A. Forward Buying
B. Tender Buying
C. Reciprocal Buying
D. Blanket Order

3. The parameters for vendor rating include _________________.

A. Price
B. Service
C. Delivery
D. All of the above

4. JIT is a concept which means ______________.

A. Making a plan from time to time
B. Getting the items just when they are needed for production
C. Raising purchase order just before delivery
D. None of the above

5. Purchase order is a legal binding contract only if it is ______________.

A. Posted by the buyer
B. Acknowledged by the supplier
C. Accepted by the supplier
D. None of the above

Answers: 1 (A), 2 (C), 3 (D), 4 (B), 5 (C)

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