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169 Results

  • Process Improvement 101
    Contains 5 Component(s), Includes Credits

    Our thorough and interactive online course, Process Improvement 101, makes it clear and possible to find, analyze and solve for process inefficiencies that can truly elevate your procurement department.

    Tackling process improvement within your procurement department is not only feasible but impactful and measurable if done correctly. With the right methodology and understanding, you will not only be able to report efficiency gains in all aspects of procurement but also profit from all of the long-term benefits of process improvement which grow exponentially. Each step written within this course was not only learned in school but also acquired through experience in the field that can be applied to any industry.

    Our thorough and interactive online course, Process Improvement 101, makes it clear and possible to find, analyze, and solve process inefficiencies that can truly elevate your procurement department. This course will help you add up wins for procurement through this course’s step-by-step guidance, real-world examples, and various proven approaches to tackling the complex and challenging process improvements that arise.

    Upon completing this course, you will be able to:

    • Implement process improvements from 5 different proven approaches
    • Understand and measure the benefits of process improvements
    • Increase profitability
    • Increase savings through efficiency gains
    • Ensure a competitive edge in a changing world
    • Minimize financial risk and increase compliance


    This is a self-paced course with no instructor-led forum and you have 30 days from registration to complete all course elements. It should take you approximately one hour to review the material and take any quizzes. All readings are provided in the course.

    This course has been pre-approved for 1 hour of CE credit towards the CPOS, CPOP, CPOM, and CPOE certifications.

  • Reining-In the Total Cost of Supply
    Contains 2 Component(s), Includes Credits Recorded On: 11/17/2022

    Supply Management Professionals participating in the NPLA CPO Outlook Survey in January 2022 identified three key areas for cost focus, including logistics & transportation, direct/indirect spend and Finance Acumen around rising interest rates and inflation. In this interactive webinar, our panelists will share best practices and concepts in these areas and offer practical tips you and your team can use now.

    Supply Management Professionals participating in the NPLA CPO Outlook Survey in January 2022 identified three key areas for cost focus, including logistics & transportation, direct/indirect spend and Finance Acumen around rising interest rates and inflation. In this interactive webinar, our panelists will share best practices and concepts in these areas and offer practical tips you and your team can use now.

    This webinar is for you if you and your team need to learn about these skill areas:

    1. What’s been changing in Logistics & Transportation – cost outlook and what you can do to mitigate or drive down these costs.
    2. What leading-edge procurement professionals are doing to innovate and address common direct/indirect spend categories.

    3. What you need to know around rapidly changing financial conditions - skills and awareness to deal with rising interest rates and inflation

    Mike Wynn

    VP, Advanced Purchasing Dynamics, BSE, MBA

    Advanced Purchasing Dynamics

    Mike Wynn, BSE, MBA, is a Vice President with Advanced Purchasing Dynamics. He holds a BA in industrial and Operations Engineering and MBA from the University of Michigan. Mike brings over 25 years of practical experience consulting for global manufacturers on shop floor productivity and purchasing effectiveness. Mike guides companies in their innovative methodology for implementing cost savings. By leveraging commodity cost knowledge and supply base expertise, he helps companies achieve real savings for both direct materials and indirect/MRO.

    Eric Evans

    Managing Director, Business Development

    RapidRating

    Eric manages strategic partnerships/alliances at RapidRatings including leading partner API integrations into procurement, supplier risk and governance risk & compliance platforms to benefit joint clients. Eric has over 20 years of work experience from various companies including Aetna, EDGAR Online, Donnelley Financial Solutions. Eric is involved with various working groups of Shared Assessments including Co-Chair of the Continuous Monitoring Group. He graduated from the University of Connecticut with a BS in Finance and completed his MBA in Finance at the University of Hartford. He is based in the RapidRatings NYC office and lives with his wife and Cavalier King Charles in Stamford, CT

    Ben Cubitt

    Senior Vice President, Consulting at Uber Freight Company

    Uber Freight Company

    Ben Cubit, Senior Vice President, Consulting at Uber Freight Company. Mr. Cubitt has led and supported procurement, network optimization and supply chain assessments for various companies such as Unilever, Eaton, Campbell’s, BASF, Cummins, Nestle Waters, The Home Depot, Eaton, Colgate-Palmolive, WestRock, P&G, Coke, and AutoZone.

  • Digital Transformation, SIOP and Cyber Risk in Supply Management
    Contains 2 Component(s), Includes Credits Recorded On: 08/18/2022

    Supply Management Professionals participating in the NPLA CPO Outlook Survey in January 2022 overwhelmingly agreed that their teams' third most important skills area is related to IT-related concentrations. These are Digital Transformation; Sales, Inventory and Operations Planning; and Cyber Risk skills in Supply Management. In this interactive webinar, our panelists will share best practices concepts and practical tips you and your team can use now.

    Supply Management Professionals participating in the NPLA CPO Outlook Survey in January 2022 overwhelmingly agreed that their teams' third most important skills area is related to IT-related concentrations. 
     
    These are Digital Transformation; Sales, Inventory and Operations Planning; and Cyber Risk skills in Supply Management. In this interactive webinar, our panelists will share best practices concepts and practical tips you and your team can use now.
     
    This webinar is for you if your team needs to learn about these skill areas as they relate to Supply Management:
    1. Digital Transformation in Supply Management – Artificial Intelligence, Automation and More.
    2. Sales, Inventory & Operations Planning, ERP & Excel Advanced Skills.
    3. Cyber Security Issues in Supply Management – what they are and how you can address them.

    Dr. Mo Abuali

    CEO and Managing Partner at IoTco

    IoTco

    Dr. Abuali is a strategic and transformative technology and business management leader with 20-year record of achievement driving and sustaining change in Manufacturing. Mo serves Industrial and Manufacturing Clients in Automotive, Aerospace & Defense, and others, providing Digital Transformation, Industrial IoT (IIoT), and Predictive Analytics technology and services, as well as the IoT Academy for Industry 4.0 Training. Mo has a doctorate degree in Industrial Engineering and has worked with companies like IBM, P&G, Omron, and Toyota.

    William O’Brien

    True North Growth Partners

    Mr. O’Brien has over 30 years of experience working across the supply chain. He has held executive positions in both industry and consulting. He helped to lead the development of the supply chain for a major retailer during a period of rapid growth, from $35 billion to $50 billion in revenue as well as expanded it into omni-channel fulfillment.

    Mr. O’Brien has also worked in the supply chain area for small and medium sized businesses, in many industries including:  retail, branded apparel, manufacturing, foodservice, consumer packaged goods, technology, grocery and convenience store.

    His recent focus has been in helping clients to overcome capacity issues and other challenges that have stemmed from the Covid-19 shutdown and the reverberations that continue to play a role in today’s business.

    Tom Carpenter

    CWNE and CWNP CTO

    CWNP

    Tom has more than 25 years’ experience in the IT industry, working in manufacturing, distribution, and several more sectors. Tom has written more than 25 books on technologies ranging from database systems to operating systems, to networking solutions. At CWNP, he oversees certification development, and the primary focus for the past three years has been IoT development as it relates to industry.

    Ron Crabtree (Moderator)

    Executive / Organizational Transformation Coach CPIM, CIRM, CSCP, MLSSBB, SCOR-P, CSCTA

    Meta Ops

    Ron Crabtree has over 30 years’ experience in organizational & business innovation and transformation and along the way, more than 20 years in procurement and supply chain. Ron is a Master Lean Six Sigma Black Belt, having helped train and certify thousands of Lean Six Sigma and Six Sigma belts and driving hundreds of $millions in value for clients. He is the author / co-author of 5 books on Operational Excellence.

  • Supplier Development and Management Skills
    Contains 2 Component(s), Includes Credits Recorded On: 04/21/2022

    Supply Management Professionals participating in the NPLA CPO Outlook Survey in January 2022 overwhelmingly agree that the second most important skill area for their teams is related to Supplier Development & Management Skills.

    Supply Management Professionals participating in the NPLA CPO Outlook Survey in January 2022 overwhelmingly agree that the second most important skill area for their teams is related to Supplier Development & Management Skills.  Inside that category most of the detailed responses related to three key areas of skill concentrations.  In this interactive webinar, our panelists will share best practices concepts and practical tips you and your team can use now.

    This webinar is for you if you and your team need to learn about these skill areas:

    • Negotiation Skills for surety of supply; OTD, pricing, and more
    • New Supplier Identification, Development/Acquisition & Management Skills
    • SRM Skills - Supplier Relationship, Partnering, & Alliances Development

    Jeffrey Dean

    Director of Supply Chain

    AvantStay

    Jeff Dean, SPSM, SPSM2 has 28 years of supply chain experience in multiple industries including startups, hospitality, food and beverage, gaming, tribal governments, aviation, short-term rentals, and real estate.  He holds two supply chain certifications, SPSM and SPSM2.  Jeff has managed spend of over $300 million and managed teams as large as 120 employees and managers.  He is passionate about the upstream and downstream cross-functional work of supply chain and technology.

    Patrick Pritchard

    NLPA Master Instructor

    NLPA

    Patrick brings 20+ year of practical experience in supply chain management, training, coaching, mentoring and consulting. Patrick has personally managed annual spend of $500 million or more during his experience. Major spend categories with experience include capital projects, major equipment, construction, logistics, operational materials, in diversified industries both domestic and internationally. Major industries include Alternative Energy, Energy, Mining, Manufacturing, Pharma, Upgrading/revamping industrial properties and various Government projects (Antarctica, Demil of Chemical Agents). Long term active memberships with APICS, ISM, numerous awards for domestic and international projects. BSBA- UCD- University of Colorado at Denver. Various certifications in TQM, Negotiations and Purchasing.

    Dr. Lionel Wright

    Associate Interim Dean, College of Business

    Athens State University

    Dr. Lionel O. Wright, DBA, CLA, DML is the Associate Interim Dean, College of Business for Athens State University. Dr. Wright holds a Doctorate in Global Supply Chain Management and a Masters in Logistics and Supply Chain Management. He is a Certified Logistics Associate (CLA) and Demonstrated Master Logistician (DML).He served honorably in the United States Army for 26+ years as a career logistician in various leadership roles to include senior instructor/writer at the U.S. Army Quartermaster School, Warehouse Branch Chief and Inspector General.

    Ron Crabtree (Moderator)

    Executive / Organizational Transformation Coach CPIM, CIRM, CSCP, MLSSBB, SCOR-P, CSCTA

    Meta Ops

    Ron Crabtree has over 30 years’ experience in organizational & business innovation and transformation and along the way, more than 20 years in procurement and supply chain. Ron is a Master Lean Six Sigma Black Belt, having helped train and certify thousands of Lean Six Sigma and Six Sigma belts and driving hundreds of $millions in value for clients. He is the author / co-author of 5 books on Operational Excellence.

  • All Access Bundle
    Contains 8 Product(s)

    Combines Level 1, 2, 3 and 4 ((CPOS, CPOP, CPOM & CPOE) of the Certified Procurement Operations Body of Knowledge (CPO-BOK) and covers essential through advanced procurement skills and procurement function management skills.

    Combines Level 1, 2, 3 and 4 ((CPOS, CPOP, CPOM & CPOE) of the Certified Procurement Operations Body of Knowledge (CPO-BOK) and covers essential through advanced procurement skills and procurement function management skills. It covers all the 1st tier courses, what you need to know to manage a purchasing department, managing procurement projects, buying internationally all the way to attaining mastery of the skills of leadership in your organization. The bundle also includes the corresponding certification exam from Levels 1 thru 4.

    CPOS-BOK Online Courses

    Complete six self-paced online procurement courses and pass all quizzes with 70% or higher. These courses cover Level 1 of the Certified Procurement Operations Body of Knowledge.

    Certification Exam

    After you have successfully completed each course with a quiz score of 70% or higher, you must take the CPOS Exam. You will not be able to access the exam until you have passed all required courses. The CPOS Exam consists of 90 multiple-choice questions and you will have 90 minutes to complete the exam. It is important that you are able to complete the CPOS Exam in one sitting—you will only have one attempt. 

    If you do not pass the certification exam, you may retake the exam for an additional fee of $195 US.

    CPOP-BOK Online Courses

    Complete four self-paced online procurement courses and pass all quizzes with 70% or higher. These courses cover Level 2 of the Certified Procurement Operations Body of Knowledge.

    Certification Exam

    After you have successfully completed each course with a quiz score of 70% or higher, you must take the CPOP Exam. You will not be able to access the exam until you have passed all required courses. The CPOP Exam consists of 60 multiple-choice questions and you will have 60 minutes to complete the exam. It is important that you are able to complete the CPOP Exam in one sitting—you will only have one attempt. 

    If you do not pass the certification exam, you may retake the exam for an additional fee of $195 US.

    CPOM-BOK Online Courses

    Complete five self-paced online procurement courses and pass all quizzes with 70% or higher. These courses cover Level 3 of the Certified Procurement Operations Body of Knowledge.

    Certification Exam

    After you have successfully completed each course with a quiz score of 70% or higher, you must take the CPOM Exam. You will not be able to access the exam until you have passed all required courses. The CPOM Exam consists of 72 multiple-choice questions and you will have 72 minutes to complete the exam. It is important that you are able to complete the CPOM Exam in one sitting—you will only have one attempt. 

    If you do not pass the certification exam, you may retake the exam for an additional fee of $195 US.

    CPOE-BOK Online Courses

    Complete four self-paced online procurement courses and pass all quizzes with 70% or higher. These courses cover Level 4 of the Certified Procurement Operations Body of Knowledge.

    Certification Exam

    After you have successfully completed each course with a quiz score of 70% or higher, you must take the CPOE Exam. You will not be able to access the exam until you have passed all required courses. The CPOE Exam consists of 120 multiple-choice questions and you will have 240 minutes to complete the exam. It is important that you are able to complete the CPOE Exam in one sitting—you will only have one attempt. 

    If you do not pass the certification exam, you may retake the exam for an additional fee of $195 US.

    This All Access Package holds 2 types of products which are accessible under "Package Contents":

    - Program(s) (courses), which hold the individual course content (SCORMs, PDFs, quizzes, individual course certificates)
    - Exam(s), which hold an acknowledgment component, the exam itself and a congratulatory message displayed upon passing

    You must complete a program before accessing its corresponding exam. You do this by passing the individual course quizzes within the program. Note that when the program has been completed, you may continue to use its contents to review for your exam.

    You will need to activate the exam product from within the package after completing the program quizzes. An "activate" button will be present on the exam product under "Package Contents". But you may only activate it while your package access is still active.

    Following exam activation, you will need to accept the terms/acknowledgment component before making your attempt. This will grant an additional 60 days to take the exam.

  • Advanced Bundle
    Product not yet rated Contains 6 Product(s)

    Combines Level 2, 3 and 4 (CPOP, CPOM, CPOE) of the Certified Procurement Operations Body of Knowledge (CPO-BOK) and covers advanced procurement skills and procurement function management skills all the way to procurement executive leadership skills.

    Combines Level 2, 3 and 4 (CPOP, CPOM, CPOE) of the Certified Procurement Operations Body of Knowledge (CPO-BOK) and covers advanced procurement skills and procurement function management skills all the way to procurement executive leadership skills. The bundle also includes the corresponding certification exam from Levels 2 thru 4.

    CPOP-BOK Online Courses

    Complete four self-paced online procurement courses and pass all quizzes with 70% or higher. These courses cover Level 2 of the Certified Procurement Operations Body of Knowledge.

    Certification Exam

    After you have successfully completed each course with a quiz score of 70% or higher, you must take the CPOP Exam. You will not be able to access the exam until you have passed all required courses. The CPOP Exam consists of 60 multiple-choice questions and you will have 60 minutes to complete the exam. It is important that you are able to complete the CPOP Exam in one sitting—you will only have one attempt. 

    If you do not pass the certification exam, you may retake the exam for an additional fee of $195 US.

    CPOM-BOK Online Courses

    Complete five self-paced online procurement courses and pass all quizzes with 70% or higher. These courses cover Level 3 of the Certified Procurement Operations Body of Knowledge.

    Certification Exam

    After you have successfully completed each course with a quiz score of 70% or higher, you must take the CPOM Exam. You will not be able to access the exam until you have passed all required courses. The CPOM Exam consists of 72 multiple-choice questions and you will have 72 minutes to complete the exam. It is important that you are able to complete the CPOM Exam in one sitting—you will only have one attempt. 

    If you do not pass the certification exam, you may retake the exam for an additional fee of $195 US.

    CPOE-BOK Online Courses

    Complete four self-paced online procurement courses and pass all quizzes with 70% or higher. These courses cover Level 4 of the Certified Procurement Operations Body of Knowledge.

    Certification Exam

    After you have successfully completed each course with a quiz score of 70% or higher, you must take the CPOE Exam. You will not be able to access the exam until you have passed all required courses. The CPOE Exam consists of 120 multiple-choice questions and you will have 240 minutes to complete the exam. It is important that you are able to complete the CPOE Exam in one sitting—you will only have one attempt. 

    If you do not pass the certification exam, you may retake the exam for an additional fee of $195 US.

    This Advanced Access Package holds 2 types of products which are accessible under "Package Contents":

    - Program(s) (courses), which hold the individual course content (SCORMs, PDFs, quizzes, individual course certificates)
    - Exam(s), which hold an acknowledgment component, the exam itself and a congratulatory message displayed upon passing

    You must complete a program before accessing its corresponding exam. You do this by passing the individual course quizzes within the program. Note that when the program has been completed, you may continue to use its contents to review for your exam.

    You will need to activate the exam product from within the package after completing the program quizzes. An "activate" button will be present on the exam product under "Package Contents". But you may only activate it while your package access is still active.

    Following exam activation, you will need to accept the terms/acknowledgment component before making your attempt. This will grant an additional 60 days to take the exam.

  • Foundation Bundle
    Contains 6 Product(s)

    Combines Level 1, 2 and 3 (CPOS, CPOP & CPOM) of the Certified Procurement Operations Body of Knowledge (CPO-BOK) and covers essential, advanced procurement skills and procurement function management skills that are the prerequisites to managing a purchasing department, managing procurement projects, and buying internationally.

    Combines Level 1, 2 and 3 (CPOS, CPOP & CPOM) of the Certified Procurement Operations Body of Knowledge (CPO-BOK) and covers essential, advanced procurement skills and procurement function management skills that are the prerequisites to managing a purchasing department, managing procurement projects, and buying internationally. The bundle also includes the corresponding certification exam from Levels 1 thru 3.

    CPOS-BOK Online Courses

    Complete six self-paced online procurement courses and pass all quizzes with 70% or higher. These courses cover Level 1 of the Certified Procurement Operations Body of Knowledge.

    Certification Exam

    After you have successfully completed each course with a quiz score of 70% or higher, you must take the CPOS Exam. You will not be able to access the exam until you have passed all required courses. The CPOS Exam consists of 90 multiple-choice questions and you will have 90 minutes to complete the exam. It is important that you are able to complete the CPOS Exam in one sitting—you will only have one attempt. 

    If you do not pass the certification exam, you may retake the exam for an additional fee of $195 US.

    CPOP-BOK Online Courses

    Complete four self-paced online procurement courses and pass all quizzes with 70% or higher. These courses cover Level 2 of the Certified Procurement Operations Body of Knowledge.

    Certification Exam

    After you have successfully completed each course with a quiz score of 70% or higher, you must take the CPOP Exam. You will not be able to access the exam until you have passed all required courses. The CPOP Exam consists of 60 multiple-choice questions and you will have 60 minutes to complete the exam. It is important that you are able to complete the CPOP Exam in one sitting—you will only have one attempt. 

    If you do not pass the certification exam, you may retake the exam for an additional fee of $195 US.

    CPOM-BOK Online Courses

    Complete five self-paced online procurement courses and pass all quizzes with 70% or higher. These courses cover Level 3 of the Certified Procurement Operations Body of Knowledge.

    Certification Exam

    After you have successfully completed each course with a quiz score of 70% or higher, you must take the CPOM Exam. You will not be able to access the exam until you have passed all required courses. The CPOM Exam consists of 72 multiple-choice questions and you will have 72 minutes to complete the exam. It is important that you are able to complete the CPOM Exam in one sitting—you will only have one attempt. 

    If you do not pass the certification exam, you may retake the exam for an additional fee of $195 US.

    This Foundation Access Package holds 2 types of products which are accessible under "Package Contents":

    - Program(s) (courses), which hold the individual course content (SCORMs, PDFs, quizzes, individual course certificates)
    - Exam(s), which hold an acknowledgment component, the exam itself and a congratulatory message displayed upon passing

    You must complete a program before accessing its corresponding exam. You do this by passing the individual course quizzes within the program. Note that when the program has been completed, you may continue to use its contents to review for your exam.

    You will need to activate the exam product from within the package after completing the program quizzes. An "activate" button will be present on the exam product under "Package Contents". But you may only activate it while your package access is still active.

    Following exam activation, you will need to accept the terms/acknowledgment component before making your attempt. This will grant an additional 60 days to take the exam.

  • Procurement KPIs and Business Acumen
    Contains 13 Component(s), Includes Credits

    Learn how to use key performance indicators and develop the business acumen necessary to make intelligent business decisions.

    Many procurement professionals lack two significant qualities that prevent them from achieving higher levels of success. One is the ability to properly use key performance indicators (KPIs) for maximum procurement success. The other is business acumen—broad business skills and a way of thinking that brings unprecedented value to an organization. Upon completing this course, you will be able to:

    • Understand what business acumen is and why it is essential for procurement success
    • Apply the mindset required to successfully adapt business and procurement practices from other industries
    • The definitions, differences, and value of Key Result Indicators and Key Performance Indicators
    • Understand how KPIs are used in the business world, including outside of the procurement profession
    • Understand what the Procurement Funnel is and how it is used
    • Understand the four synergistic and critical procurement KPIs, their fine details, and how to use them to maximize your cost savings
    • Calculate and establish baselines for the four critical procurement KPIs
    • Identify the factors that prevent the achievement of a procurement department’s cost savings potential
    • Apply synergistic KPIs to create a compound effect on business results
    • Apply techniques that can be applied to improve performance in KPI areas and increase cost savings
    • Improve procurement productivity
    • Apply techniques for achieving a higher percentage of cost savings on sourced categories
    • Influence internal customers and improve their compliance with procurement contracts, thereby reducing maverick spend

    This is a self-paced course with no instructor-led forum and you have 30 days from registration to complete all course elements. It should take you approximately four hours to review the material and take any quizzes. All readings are provided in the course.

    This course has been pre-approved for 4 hours of CE credit that can be used once to either recertify your CPOS, CPOP, CPOM, or CPOE certification.

  • CPOM Certification [Certified Procurement Operations Manager] Package
    Contains 2 Product(s)

    The CPOM (Certified Procurement Operations Manager) certification program is Level 3 and covers the procurement management skills of the CPO Body of Knowledge.

    The CPOM (Certified Procurement Operations Manager) Certification Program is Level 3 of the Certified Procurement Operations Body of Knowledge (CPO-BOK) and covers procurement function management skills. The CPOM (Certified Procurement Operations Manager) certification is not a replacement for the CPOS (Certified Procurement Operations Specialist) or CPOP (Certified Procurement Operations Professional) Certifications, but simply a higher level of achievement. The CPOM (Certified Procurement Operations Manager) Certification builds on the skills and knowledge that you have already acquired while earning the CPOS and CPOP Certifications and adds training to master the skills to collaborate with other departments leading to even better results and a greater bottom-line impact. 

    The path to obtaining the CPOM (Certified Procurement Operations Manager) Certification involves completing the Level 3 online procurement courses and passing the CPOM exam. The CPOM exam is included with your registration.

    What's Included

    Your enrollment in the CPOM Certification Package includes access to the following components for one year.

    Five Online Courses

    The CPOM designation consists of training on five critical performance domains (courses), which are underpinned by 32 competencies and 180 sub-competencies, including:

    Exam Attempt

    A credit to take the CPOM Certification Exam (a savings of $495) is included in your registration fee. If you do not pass the certification exam on the included attempt, you may purchase a retake for an additional fee of $195 US.

    Learning Resources

    During the duration of your access and upon becoming certified as a CPOM, you will have access to all of the templates, worksheets, live and on-demand webinars, and more that are available within the NLPA Learning environment. 

    Instructor Access

    One year of instructor access with prompt responses through our program-specific discussion board. Ask as many questions as needed to assure that you understand the material.

    Certificate and Engraved Award

    Upon completing the CPOM certification program, you may download a certificate of completion from your Member Dashboard. Upon passing the certification exam and earning your CPOM designation, a beautifully engraved award will be sent to you by postal mail. Please note: If you live outside the US, you must pay for shipping to receive an award.

    CPOM-BOK Online Courses

    Complete five self-paced online procurement courses and pass all quizzes with 70% or higher. These courses cover Level 3 of the Certified Procurement Operations Body of Knowledge.

    Certification Exam

    After you have successfully completed each course with a quiz score of 70% or higher, you must take the CPOM Exam. You will not be able to access the exam until you have passed all required courses. The CPOM Exam consists of 72 multiple-choice questions and you will have 72 minutes to complete the exam. It is important that you are able to complete the CPOM Exam in one sitting—you will only have one attempt. 

    If you do not pass the certification exam, you may retake the exam for an additional fee of $195 US.

    This CPOM Package holds 2 products, both of which are accessible under "Package Contents":

    - The CPOM Program (courses), which holds the individual course content (SCORMs, PDFs, quizzes, individual course certificates)
    - The CPOM Exam, which holds an acknowledgment component, the exam itself and a congratulatory message displayed upon passing

    You must complete the program before accessing the exam. You do this by passing the individual course quizzes within the program. Note that when the program has been completed, you may continue to use its contents to review for your exam.

    You will need to activate the exam product from within the package after completing the program quizzes. An "activate" button will be present on the exam product under "Package Contents". But you may only activate it while your package access is still active.

    Following exam activation, you will need to accept the terms/acknowledgment component before making your attempt. This will grant an additional 60 days to take the exam.

  • Finance for Strategic Procurement (Fundamentals)
    Product not yet rated Contains 13 Component(s), Includes Credits

    Learn how finance executives measure business performance and how you can apply this knowledge to your work.

    Today’s CEOs and CFOs expect procurement professionals to know how their work supports corporate goals and how to communicate in the language of finance. Finance For Strategic Procurement (Fundamentals) will help you understand the ways that executives measure business performance and will help you apply this knowledge specifically to your procurement work. 

    This online course is part of the two-part Finance For Strategic Procurement Series. Part I focuses on understanding financial statements and measuring and communicating a procurement department’s contribution to the organization. Part II focuses on how financial decisions are made and evaluating supplier health. Upon completing this course, you will be able to:

    • Understand the standards that apply to financial reporting
    • Create, update, and understand financial statements such as the income statement, balance sheet, and cash flow statement
    • Apply accounting concepts related to inventory, including the goals sought by senior management and how a procurement department can contribute
    • Understand how negotiated discounts and freight charges are accounted for
    • Understand the difference between direct and indirect expenses
    • Understand how buying or selling on credit terms impact financial statements
    • Calculate both straight-line and accelerated depreciation
    • Understand the financial implications of buying and maintaining capital assets
    • Expertly manage working capital and improve cash flow through smart supply chain management
    • Select appropriate payment terms, taking various cash cycles into consideration
    • Measure a procurement department’s contribution to the organization’s financial performance, including calculating cost savings and reconciling them with changes in expenses as reported on financial statements
    • Apply advanced cost savings reporting concepts, including reporting savings for mid-year deals and contracts where the volume and composition of the agreement changes

    This is a self-paced course with no instructor-led forum and you have 60 days from registration to complete all course elements. It should take you approximately 8 hours to review the material and take any quizzes. All readings are provided in the course.

    This course has been pre-approved for 8 hours of CE credit.