Certified International Procurement Manager (CIPM)

Procurement certification (Level 3)

This certification focuses on the strategic and managerial aspects of procurement, targeting professionals ready to take on leadership roles within their organizations

Key Examination Areas

Introduction to procurement & supply chain management

*Understanding the fundamentals of procurement and its role in the supply chain

*The relationship between procurement, logistics, and inventory management

*Key objectives of procurement in driving cost savings, efficiency, and supplier performance

Negotiation in Procurement

* Advanced negotiation strategies and techniques specific to procurement.

* Psychological and tactical aspects of negotiation.

* Practical negotiation skills.

International Sourcing and Logistics

*Challenges and opportunities in global sourcing and supplier management

*Coordinating international logistics for efficient transportation and distribution

*Navigating trade regulations, tariffs, and customs in cross-border supply chain operations

Procurement performance and risk management

*Key metrics for assessing procurement performance and driving continuous improvement

*Identifying, assessing, and mitigating risks in the procurement process

*Developing strategies for supplier risk management and supply chain resilience

Procurement Cycle

*Key stages of the procurement cycle, from identifying needs to contract management

*The role of supplier selection, evaluation, and negotiation in the procurement process

*Monitoring and managing procurement performance for continuous improvement

Supplier Management

*Building and maintaining strong supplier relationships for long-term success

*Supplier performance evaluation and continuous improvement strategies

*Risk management and mitigation in supplier selection and collaboration

E-procurement

*The role of digital platforms in automating and streamlining procurement processes

*Benefits of e-procurement, including cost savings, transparency, and efficiency

*Implementing e-procurement solutions for supplier management, bidding, and contract management"

Price and Cost Analysis

* Techniques for effective cost analysis and price determination.

* Methods for achieving cost savings and better pricing from suppliers.

* Utilizing financial analysis to support procurement decision-making.

Commercial contracting

*Key elements of commercial contracts, including terms, conditions, and obligations

*Strategies for effective contract negotiation and management

*Risk allocation, compliance, and dispute resolution in commercial agreements

Procurement strategic management and planning

*Developing procurement strategies that align with organizational goals and objectives

*Long-term planning for supplier relationships, risk management, and cost optimization

*Integrating procurement strategy with overall supply chain management for competitive advantage

Exam details

Level

Manager L3

Format

60 MCQ

Duration

2 hours

Passing score

50%

ACCEA ID

2F36385-2F38968-31

Who should get this certification?

This certification is designed for procurement managers aim to deepen their understanding of supplier and risk management, embrace digital procurement solutions, and enhance their ability to manage procurement categories and contracts at a strategic level.

Prepare confidently with unlimited mock exam trials.

Practice Mock Exam

01.

Risk-Free Final
Exam

By utilizing unlimited mock exam attempts, you can reduce the risk of failing the final exam and feel fully prepared.

Immediate Check Your Answer

For each question, check whether your answer is
correct or incorrect to reinforce learning and address gaps in knowledge.

Score at least 50% to achieve certification (three attempts included).

Pass Final Exam

Format and Questions

The final exam contains multiple-choice questions designed to thoroughly test your understanding of the Body Of Knowledge – BOK.

Three Attempts

You have a total of three attempts to pass the final exam and earn your certification, and you must finish it within one month of your purchase.

02.

Download and share your certification on social media!

Publish Your Certification

03.

Exam Result

Receive your exam summary & result instantly after submitting the final exam.

Certification

Once you pass, your lifetime certification will be immediately downloadable and shareable on LinkedIn and Facebook.

FAQ's

Frequently asked questions

How is this certification recognized in the industry?

This certification is globally recognized and accredited by IPSCMI and ACCEA, boosting your professional credibility and visibility within the supply chain industry.

How will obtaining this certification impact my career prospects?

Earning this certification demonstrates to employers your proficiency in applying critical supply chain management concepts, significantly enhancing your qualifications for advanced roles.

How long does it typically take to complete this certification?

The completion time varies by individual, but all candidates have one month of access to unlimited mock exam trials and three final exam attempts, allowing you to progress at your own pace.

When can I start practicing with the mock exams after payment?

You will gain immediate access to the mock exam system as soon as your payment is processed.

Is there any support available during the certification process?

While direct instructional support is not offered, you have unlimited access to mock exam trials, providing a substantial resource for self-guided preparation.

If I fail the exam for this certification, what are my options?

You can retake the exam up to three times within the one-month access period, providing ample opportunity to enhance your understanding and secure your success.

Can I fit this certification into a busy schedule?

This certification is designed with flexibility in mind, providing online access to mock and final exams over a one-month period to accommodate your personal and professional commitments.

What is the refund policy for this certification?

Refunds are not available for this certification due to the immediate access to digital content and resources upon payment.

CIPM

Your next professional milestone awaits!

Receive your results instantly after completing the final exam. Once you pass, your lifetime certification will be immediately downloadable and shareable on LinkedIn and Facebook.

Unlock new career opportunities.

Validate your knowledge, demonstrate your professional growth with the CIPM certification

Just $750

(Lifetime Certification)

Buy now

Trusted by over 1,200 companies world-wide

Testimonials

What employers say?

Insights from top companies about the benefits they have gained from hiring our IPSCMI-certified professionals.

We've seen remarkable improvements in our logistics and distribution efficiency since hiring IPSCMI-certified experts. Their training aligns perfectly with our goals for global distribution.

Linda García

Senior HR Manager

Candidates with IPSCMI certification are invariably well-prepared to handle complex challenges in supply chain and procurement management, making them invaluable to our team.

Richard Allan

Vice President of Human Resources

The strategic insights and robust methodologies that IPSCMI-certified candidates bring to our procurement processes are instrumental in driving our healthcare solutions to new heights

Sarah Johnson

Global Head of HR

Why wait? Advance your career today!

Take the next step in your professional journey—Get certified now and unlock new career opportunities!