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Exam Number : 630-005
Exam Name : C.P.M. Module 1: Purchasing Process
Vendor Name : ISM
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630-005 test Format | 630-005 Course Contents | 630-005 Course Outline | 630-005 test Syllabus | 630-005 test Objectives
Exam Specification:
- test Name: 630-005 C.P.M. Module 1: Purchasing Process
- test Code: 630-005
- test Duration: Varies (typically around 90-120 minutes)
- test Format: Multiple-choice questions
Course Outline:
1. Introduction to Purchasing
- Understanding the role and importance of purchasing in an organization
- Exploring the key objectives and responsibilities of the purchasing function
- Examining the impact of effective purchasing on organizational performance
2. Purchasing Process Overview
- Understanding the stages and components of the purchasing process
- Exploring the various steps involved in purchasing goods and services
- Identifying key considerations and best practices at each stage of the process
3. Sourcing and provider Selection
- Conducting provider market research and analysis
- Developing provider selection criteria and evaluating potential suppliers
- Managing the provider selection process and negotiating contracts
4. Purchase Order Processing
- Creating and managing purchase orders
- Coordinating with internal stakeholders and suppliers for order fulfillment
- Tracking and managing purchase order status and delivery
5. provider Performance Management
- Monitoring and evaluating provider performance
- Establishing provider performance metrics and benchmarks
- Implementing strategies to Excellerate provider performance and relationships
6. Legal and Ethical Considerations
- Understanding legal and regulatory requirements in purchasing
- Ensuring compliance with ethical standards and codes of conduct
- Managing risks and mitigating legal and ethical issues in purchasing
Exam Objectives:
1. Demonstrate understanding of the role and importance of purchasing in an organization.
2. Describe the stages and components of the purchasing process.
3. Apply best practices for sourcing and provider selection.
4. Demonstrate proficiency in creating and managing purchase orders.
5. Implement strategies for provider performance management.
6. Understand legal and ethical considerations in purchasing.
Exam Syllabus:
The test syllabus covers the following Topics (but is not limited to):
- Introduction to Purchasing
- Purchasing Process Overview
- Sourcing and provider Selection
- Purchase Order Processing
- provider Performance Management
- Legal and Ethical Considerations
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| Question: It is one hour and I still did not received my login details after purchase, why? Answer: It is normal. Sometimes, your order is marked for manual verification. This due to high security. Orders from some countries are checked through strict security. If their bank's automatic security needs intensive verification of the order, it takes more time. Some time customer's payment bank does not allow the transaction and needs the customer to contact the bank before the transaction is allowed to go through. That takes much time. |
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