Essential Information
Most purchasing management certificate programs are designed to provide up-to-date, hands-on information in the field of industrial and commercial purchasing and supply chain management. Classes may focus on theories, case studies and practical solutions revolving around supply chain management and purchasing management. Certificate programs may provide the information and training necessary for graduates to become eligible for certification in the field, and they typically take less than a year to complete.
Certificate Programs in Purchasing Management
Education prerequisites vary by each institution, but most only require that applicants have earned at least a high school diploma or GED program. Some may require previous work experience.
Practical courses in a purchasing management certificate program focus on maintaining profit margins and market share while making quality deals and enabling cost reduction. Courses may include the following:
- Purchasing management basics
- Inventory management
- Cost reduction and cost-price analysis
- Case studies in purchasing management
- Negotiation tactics
- Product procurement
Career Prospects and Salary Info
A certificate in purchasing management may be suitable for individuals looking for entry-level positions or for those already working in the field and perhaps seeking certification. Possible positions open to graduates may include:
- Purchasing director
- Associate buyer
- Inventory control assistant manager
- Production assistant manager
- Distribution specialist
- Transportation personnel
- Procurement assistant manager
- Purchasing specialist
The U.S. Bureau of Labor Statistics (BLS) notes that roughly 419,920 buyers and purchasing agents were employed in 2020, and that number was expected to decline by 9% during the 2019 to 2029 decade. Buyers and purchasing agents made an average of $72,370 per year as of 2020, reported the BLS.
Certification in Purchasing Management
Certifications in purchasing management are offered by several organizations. The American Purchasing Society, www.american-purchasing.com, administers the Certified Purchasing Professional, Certified Professional Purchasing Consultant and the Certified Purchasing Manager credentials. ISM (Institute of Supply Management), www.ism.ws, offers the Certified Purchasing Management designation.
Programs in purchasing management cover theories and practical solutions necessary to a career in supply chain management and similar fields in a professional setting. Certification programs prepare students for entry-level positions in commercial or industrial purchasing.
