Description

Course Name: Professional Diploma in Purchase Management

Global Occupational Skill Standard – GOSS ID: GOSS/PD-GEN-PM-388

Eligibility: 10+2 or equivalent

Language Type: English

Course Type: Self-Paced Online Learning

Objective: The Professional Diploma in Purchase Management is designed to equip learners with essential knowledge and practical skills in purchasing and material management. The program develops competencies in purchase planning, vendor selection, negotiation, order management, cost control, inventory coordination, and supplier relationship management. It focuses on efficient purchasing practices, quality assurance, ethical buying, and process improvement to enhance organizational effectiveness and value creation.

Duration: 6 Months / 370 Hours

Steps to become a GSDCI Certified Professional:

Step 1: Select your Course you want to pursue.

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

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

Step 4: Fill your details and click on pay course 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 Digital(PDF) copy of your Diploma & Marksheet will be sent to your registered email ID within 7 days.

Course Modules:

Module 1: Fundamentals of Purchase Management: Introduction to Purchase Management, Importance and Objectives of Purchasing, Functions and Responsibilities of Purchase Department, Purchase Organization Structure, Purchasing Policies and Procedures, Purchase Cycle and Workflow, Types of Purchasing Systems, Centralized and Decentralized Purchasing, Purchase Planning and Forecasting, Role of Purchase Manager in Business Operations.

Module 2: Purchasing Process and Documentation: Purchase Requisition Management, Supplier Search and Selection Process, Request for Quotation (RFQ) Preparation, Quotation Evaluation and Comparison, Purchase Order Preparation and Processing, Purchase Approval Procedures, Purchase Documentation and Record Keeping, Expediting and Follow-up of Orders, Receiving and Inspection Procedures, Invoice Verification and Payment Process.

Module 3: Supplier Management and Negotiation Skills: Supplier Identification and Development, Vendor Registration and Qualification, Supplier Evaluation Methods, Supplier Performance Measurement, Supplier Relationship Management, Purchase Negotiation Techniques, Price and Cost Negotiation, Communication with Suppliers, Supplier Risk Management, Building Strategic Supplier Partnerships.

Module 4: Cost Control and Inventory Purchasing: Purchase Cost Analysis, Cost Reduction Techniques, Budget Preparation for Purchasing, Total Cost of Ownership (TCO), Value Analysis and Value Engineering, Material Requirement Planning (MRP), Inventory Control for Purchasing, Stock Level Management, Economic Order Quantity (EOQ), Coordination Between Purchase and Inventory Departments.

Module 5: Contract Purchasing and Quality Management: Basics of Purchase Contracts, Types of Purchase Agreements, Contract Terms and Conditions, Legal Aspects of Purchasing, Purchase Ethics and Compliance, Quality Standards in Purchasing, Quality Inspection of Purchased Materials, Supplier Quality Management, Contract Monitoring and Control, Handling Purchase Disputes and Claims.

Module 6: Advanced Purchase Management Practices: Strategic Purchasing Management, International Purchasing Practices, Global Supplier Sourcing, E-Purchasing and Digital Purchase Systems, Purchase Data Analysis and Reporting, Sustainable and Green Purchasing, Purchase Risk Identification and Mitigation, Purchase Performance Indicators (KPIs), Continuous Improvement in Purchasing, Future Trends in Purchase Management.

GSDCI Online Assessment Detail:

• Duration- 120 minutes.
• Number of Questions- 60.
• Number of Questions from each module: 10.
• Language: English.
• Exam Type: Multiple Choice Questions.
• Maximum Marks- 600, Passing Marks Above 40%.
• There is no negative marking in any module.

Benefits of the Professional Diploma

1. Globally Recognized Professional Diploma – Earn a professionally designed diploma that enhances your profile and demonstrates industry-relevant knowledge. Widely valued by employers, organizations, and institutions across multiple sectors.

2. Quality Learning with ISO-Certified Standards – Our training programs are developed under ISO-certified quality management practices, ensuring a structured, consistent, and high-quality learning experience.

3. Enhanced Career Opportunities – Strengthen your resume, improve your professional skills, and increase your potential for employment, career advancement, and new job opportunities.

4. Issued by a Non-Profit Skill Development Organization – The diploma is awarded by a mission-driven organization dedicated to promoting skill development, vocational education, and lifelong learning.

5. Comprehensive Learning Resources – Access quality study materials, e-books, practice assessments, mock tests, and learner support to help you successfully complete the program.

6. Secure Online Verification – Every diploma and marksheet is issued with a unique Enrolment ID and QR Code, enabling employers, institutions, and other stakeholders to instantly verify the authenticity of your credential online.

7. Lifetime Validity – The Professional Diploma is issued with lifetime validity and does not require periodic renewal, allowing you to showcase your achievement throughout your career.

8. Flexible Self-Paced Learning – Learn anytime and anywhere at your own pace, making it easy to balance your studies with work, business, or personal commitments.

9. Industry-Relevant Curriculum – The curriculum is designed to focus on practical knowledge, current industry trends, and real-world applications to improve workplace readiness.

10. Skill-Based Professional Qualification – Demonstrates your commitment to continuous professional development and validates your practical knowledge and skills in the subject area.