Description

Course Name: Certificate in Procurement & Vendor Management

Global Occupational Skill Standard – GOSS ID: GOSS/AC/CPVM/V1

Eligibility: Graduation or Equivalent.

Duration: Three Months.

Objective: The Certificate in Procurement & Vendor Management course is designed to equip professionals with advanced knowledge and strategic skills required to oversee procurement operations and manage vendor relationships effectively. The program emphasizes the integration of procurement planning, supplier evaluation, contract management, and risk mitigation to optimize organizational resources and ensure cost-efficiency.

Get ready to join the Journey to become a GSDCI Certified Professional  – International Certification and Assessment Body.

Steps to become a GSDCI Certified Professional:

Step 1: Select your certification you want to pursue.

Step 2: Click on get certified tab, new pop up window will open.

Step 3: Click on pay certification fee, you will be redirected to billing details page.

Step 4: Fill your details and click on pay certification fee, you will be redirected to payment gateway, pay fee by any available options like Card (Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.

Step 5: You will get Login Credentials of Online E-Books and Online assessment link on your email id, within 48 hrs of payment.

Step 6: After completion of the online assessment, the soft copy of your certificate will be sent to your registered email ID within 5 days.

Assessment Modules:

Module 1: Foundations of Procurement and Vendor Management: Introduction to Procurement and Supply Chain Management, Role and Responsibilities of Procurement & Vendor Management Head, Principles of Strategic Sourcing, Procurement Ethics and Professional Standards, Understanding Organizational Procurement Policies, Overview of Vendor Lifecycle Management

Module 2: Strategic Sourcing and Supplier Selection: Supplier Identification and Market Research, Vendor Evaluation and Qualification Criteria, Request for Proposal (RFP) and Tender Processes, Cost-Benefit Analysis and Total Cost of Ownership, Negotiation Strategies and Techniques, Supplier Risk Assessment and Mitigation

Module 3: Contract Management and Legal Compliance: Contract Drafting and Agreement Management, Terms and Conditions Negotiation, Legal and Regulatory Compliance in Procurement, Intellectual Property and Confidentiality Considerations, Monitoring Contract Performance, Dispute Resolution and Escalation Mechanisms

Module 4: Supplier Relationship Management (SRM): Building and Maintaining Supplier Relationships, Performance Monitoring and Scorecards, Supplier Development and Collaboration, Conflict Resolution with Vendors, Communication and Reporting Mechanisms, Continuous Improvement Initiatives with Suppliers

Module 5: Procurement Operations and Technology Integration: Purchase Order Management and Approval Workflows, Inventory and Materials Management, E-Procurement and Digital Tools, Automation of Procurement Processes, Data Analytics for Procurement Decisions, Integration of ERP Systems with Procurement Functions

Module 6: Strategic Planning and Risk Management in Procurement: Developing Procurement and Vendor Management Strategy, Strategic Sourcing and Cost Optimization, Risk Management and Business Continuity Planning, Sustainability and ESG Considerations in Procurement, KPI Measurement and Performance Reporting, Emerging Trends and Best Practices in Procurement & Vendor Management

GSDCI Online Assessment Detail:

• Duration- 60 minutes.
• Number of Questions- 30.
• Number of Questions from each module: 5.
• Language: English.
• Exam Type: Multiple Choice Questions.
• Maximum Marks- 100, Passing Marks- 50%.
• There is no negative marking in any module.

Benefits of Certification:

1. Global Recognition & Credibility – Stand out worldwide with a certification that strengthens your professional profile across borders and demonstrates your skills to employers and institutions.

2. Quality Assurance through ISO Certification – Programs follow an ISO-certified quality management system to promote consistency, reliability, and a standardized learning experience.

3. Career Advancement & Employability – Enhance your résumé, demonstrate professional competence, and improve your prospects for career growth, promotions, or suitable job opportunities.

4. Non-Profit Trust Factor – Certification from a non-profit organization reflects a mission-driven approach focused on skill development, professional learning, and public benefit.

5. Access to Learning Resources – Gain access to useful learning resources such as e-books, mock tests, assessments, and online academic support.

6. Transparency & Online Verification – Each certification includes a unique enrolment or certificate ID, enabling convenient online verification by employers and other interested parties.

7. Lifetime or Long-Term Validity – Certifications may offer lifetime or extended validity, reducing the need for frequent renewal, subject to the applicable certification scheme.