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The American Certified Procurement Manager (ACPM®) assesses knowledge and skills of a procurement manager. ACPM® examines project contracts and procurement processes and explores the stages of contracting and procurement in the project environment. The certification certifies your skills and techniques to develop a procurement plan, contract statement of work, contract evaluation criteria, request for proposals, and the processes of contract administration and closure.
Why go for ACPM® Certification?
ACPM® certification helps managers or experienced specialists in operational management in procurement in organizations acquire managerial skills of a procurement specialist.
The ACPM® certification exam assumes that you have a close working relationship with the procurement process.
The ACSCM® examination test members in major instructional areas in an advanced Procurement Management skills which include
Major Instructional Areas
The ACPM® examination explores the methods used by organizations to acquire the raw materials, components, supplies, equipment, facilities, and services needed to operate. Other topic areas include strategic procurement, procurement process, competitive bidding and negotiation, procurement, and supply management organization, make or buy, price and cost analysis, quality and inventory, supplier selection, supplier development and certification, services procurement.
Comprehend comprehensive guide showing how procurement data can be extracted, refined and analyzed for insights and more business value.
Comprehend types of contracts in procurement. Understand techniques, structured methods and means an organization uses to get what it needs at a good price and on schedule, while still building strong relationships with suppliers and vendors
Comprehend the process of sourcing inventory needed to meet demand like optimizing for fast fulfillment and shipping
Comprehend Bidding and Negotiation in the purchasing process and their complexities -
Comprehend the process of monitoring and maintaining the inventory that organizations procure for the business. The task of inventory management is one of the facets of procurement management that brings the entire process in the supply chain full circle
Comprehend risk identifications, risk analysis, risk ranking, risk mitigation and risk monitoring in procurement management.
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Exam Codes
Exam (ACPP®) - AC-US01
Launch Date
January 2, 2020
Exam Details
The ACPP® examination focuses on the knowledge and skills required to identify and explain the basics of procurement management plan, formal process of obtaining goods and services, E-Procurement Process, Strategic Sourcing, Technology tools for Procurement and ethics and social responsibility in procurement management
Number of Questions
Maximum of 100 questions per exam
Type of Questions
Multiple choice
Length of Test
120 Minutes
Passing Score
600 (on a scale of 1000)
Recommended Experience
No prior experience necessary
Languages
English
Retirement
None
Testing Provider
Affiliate Partners Testing CentersOnline Testing
Price
$399.99 USD