Written by Marijn Overvest | Reviewed by Sjoerd Goedhart | Fact Checked by Ruud Emonds | Our editorial policy

Procurement Certification — Why You Need It For Procurement 2024?

Key takeaways

  • A procurement certification is a professional proof that symbolizes competence and success in the procurement field.
  • Researching certifications helps optimize your choices and align your procurement needs in advancing your career.
  • Reputational companies help ensure quality procurement education and certification.

Procurement certification plays a crucial role in improving procurement processes in the field. It shows a professional’s dynamic compliance and determination to provide the best procurement service.

These certifications provide a standard for recognizing and validating the expertise of professionals to do procurement work. Moreover, companies require individuals to be adaptable and efficient in a competitive landscape. 

These certificates signal a commitment to a continuous desire for growth and a determination to deliver the best practices in procurement. In this article, we’ll discuss what a procurement certification is. 

These certificates are crucial for standardizing professionalism and validation in the procurement field. Additionally, we’ll mention the institutions that can comply with and certify individuals as efficient procurement professionals in the field. 

What is a Procurement Certification?

A procurement certification is a professional proof that symbolizes competence and success in the procurement field. This certificate validates the individual’s knowledge and skills in the various procurement aspects. It includes the skills validation in sourcing, negotiation, supplier relations, and management. 

Consequently, Recognized procurement organizations such as the Institute for Supply Management (ISM) and the Chartered Institute of Procurement and Supply (CIPS) are the ones that usually award it.

These certifications involve extensive training, tests, and professional guidance and development. This achievement demonstrates a commitment to maintaining a smooth procurement process and embodying its best practices. 

Certified individuals are sought after by employers, as the certificate signifies expertise. This certification means these individuals can contribute towards better and more efficient procurement processes. 

A procurement certificate enhances recognition, career opportunities, and standard establishment for a better procurement operation in the field. 

Why is a Procurement Certification Important?

Procurement certifications are crucial for procurement professionals as they validate their expertise and proficiency in procurement. The certificate fosters confidence and trust among employers in finding a procurement professional who can match their needs. 

Moreover, it serves as a professional’s measurable standard in doing a procurement task. 

This certification standardizes a benchmark for numerous organizations to assess a potential candidate. Below are three crucial traits of a Procurement certificate:

1. Expertise Validation

A procurement certificate symbolizes the achievement of a procurement professional in completing training and practice in a procurement aspect. This certification makes it measurable for clients and companies to assess the potential professional they will be hiring. 

Moreover, it instills confidence and assurance for them in ensuring that the professional can effectively do the procurement activity at hand.

2. Procurement Competitive Edge

The certification also helps professionals find procurement opportunities, as it helps them highlight their commitment to delivering efficient procurement services. 

Moreover, certifications also cover evolving market trends, technologies like AI in Procurement, and best practices in the industry. Certifications prove that individuals can take on tasks that companies require for their procurement needs. 

3. Diverse Collaboration

Procurement certifications also provide a universal standard that communicates trust and confidence between various professionals from all over the world. Moreover, these certificates help professionalize and elevate procurement standards. The process cultivates a band of excellence within the community and can extend to supply chain organizations. 

Who can use a Procurement Certification?

Procurement Certifications help professionals become more involved in the procurement scene. These certificates are crucial for those who aspire to work in various industries, such as private organizations, agencies, the government, and international companies. 

Individuals who also want to enter the procurement field can benefit from certifications in establishing a name for themselves. Moreover, this step helps them improve credibility and trust to demonstrate their capabilities through mastery of procurement skills. To have a clear understanding of who these individuals are, below is a list of procurement professionals:

1. Procurement Officers/Managers

Procurement managers directly engage with the suppliers in sourcing goods and services. They also negotiate contracts and handle supplier relationship management. 

Procurement Certifications can help them improve their current skills and validate their expertise in the field. 

2. Supply Chain Analysts

These analysts evaluate and optimize the supply chain process, ensuring the smooth and stable flow of the operation. 

Certifications can help them enhance their understanding of procurement in supply chain management. Additionally, it improves their decision-making process and enhances their efficient involvement with the process itself.

3. Contract Specialists

Contract specialists work on handling effective and efficient negotiation contracts. Certifications can help them navigate complexities in procurement, master their negotiation skills, and establish robust standards and compliance in procurement negotiation. 

Moreover, Procurement certifications enforce the capability and capacity of the terms that these specialists will employ in contracts.

4. Logistic Managers

Those who handle logistics focus on coordinating and stabilizing the procurement’s smooth and steady movement. Engaging in certification courses can help them learn about supplier relationships and procurement strategies to streamline their operations. 

Additionally, it benefits the procurement operation by opening opportunities for cost-savings and efficient time management.

5. Finance Managers

Finance managers benefit from certification through a broader and deeper understanding of the procurement process. It helps them learn about market analysis, better financial plotting, and allocating resources to maximize funds and spending. 

In a nutshell, these certificates provide versatility for professionals who aim to become better procurement specialists. Additionally, it validates the improved skillset and knowledge of the individual who has undergone the certification process.

What are the Mistakes in Enrolling in a Procurement Certification?

Achieving an improved skillset in procurement is a rigorous task. Understanding the common mistakes before enrolling for procurement certifications can help you avoid the missteps others often find themselves in. 

Recognizing these pitfalls is crucial to maximize a procurement professional’s journey to self-growth. Below are five common mistakes one can face in selecting a suitable procurement certification:

1. Career Misalignment

Enrolling in the wrong certification program, especially when you have a different need, can ruin your experience. Aspiring professionals should evaluate and assess the content of their potential certification to ensure it matches the relevant skills they need to train.

 A mistake on this part can cost you time in improving your skills in performing procurement roles.

2. Insufficient Research

A lack of research on the certification process can be more detrimental than beneficial for your procurement journey. Searching for a procurement certification requires a thorough assessment of numerous factors. 

These factors include accreditation, suitability of the program, and its industry value. Failure on this part may result in funds exhaustion and wasteful efforts. 

3. Overlooking Prerequisites

Some procurement certifications require you to pass a criteria. Overlooking these premises may simply waste your time and effort in enrolling if you’re not eligible for the program. 

This crucial process helps aspiring individuals prepare and research potential alternatives in case these scenarios happen.

4. Industry Volatility

Enrolling in certifications without trend consideration can affect its purpose and usability in procurement. These certificates must remain relevant by constantly updating their contents and matching their programs to current practices.

Moreover, it must adapt to emerging trends as the procurement landscape is volatile and complex.

5. Lack of Commitment

Procurement certification requires efficient time allotment to be effective. An aspiring professional must balance work with the demands of the certification they will engage in. 

Assessing your current scenario is a must to ensure the quality of your work while improving it in the process.

Best Institutions to Enroll in a Procurement Certification

Aspiring procurement professionals should thoroughly review the potential institution they will enroll in. This process helps them assess the institute’s capability and how their program suits their needs and aligns with their goals.

In addition, what the industry requires for their type of procurement. Below are five institutions best for enrolling in procurement:

1. Procurement Tactics (PT)

Procurement Tactics is an institution that educates procurement professionals to close better deals, secure suppliers, and advance their careers. The institution prides itself on the trust of over 100 clients from all over the world. Moreover, the institution offers comprehensive procurement courses about negotiation, supply chain, and more modern ones like sustainable procurement and AI in procurement.

Procurement Tactics commits itself to educating professionals and empowering them to excel in their careers. Upskilling them helps foster strategic formations, enhance procurement approaches, and drive value, ethics, and resiliency in the procurement field.

2. Institute for Supply Management (ISM)

ISM is a globally recognized organization offering the CPSM or Certified Professional in Supply Management certification.

This certificate covers procurement skills, supply chain optimization training, and sourcing improvement and management.

ISM certification provides a robust enhancement in a procurement professional’s arsenal.

3. Chartered Institute of Procurement & Supply (CIPS)

The CIPS offers globally recognized certifications that cater to various procurement standards.

Their certificates offer qualifications for high industry standards that require extensive and comprehensive procurement training.

Moreover, the CIPS boosts career prospects by establishing their quality in upholding best procurement practices.

4. International Federation of Purchasing and Supply Management (IFPSM)

The IFPSM collaborates with organizations spread all over the globe to offer certifications. The institution focuses on global procurement practices and standards, which is best for companies that specialize in international procurement. 

5. Next Level Purchasing Association (NLPA)

The NLPA certification emphasizes best practices in strategic procurement and better negotiation skills. 

Additionally, the institution offers flexibility and comprehensive course offerings for procurement professionals, near and far.

Conclusion

In summary, the Procurement field requires an increased focus on developing a procurement professional’s skills and performance. This requirement pushes these professionals to pursue certifications more. 

The article emphasizes the need for certifications that showcase a commitment to delivering the best procurement operation. 

These procurement certifications establish a benchmark for various companies and clients seeking professionals who can match their procurement needs. Moreover, it fosters better collaboration and validation of procurement skills in the field.

Procurement professionals must also understand how a certification works and its required timeframe. 

Some commit mistakes such as misaligning their needs, lack of sufficient research, not looking at the requirements, and lack of commitment. These factors determine how a professional can satisfactorily match their needs and the certification requirements. 

Choosing reputable institutions, such as Procurement Tactics, the ISM, CIPS, IFPSM, and the NLPA, can help ensure the quality of the training professionals undergo. This process improves the procurement process and makes everything more efficient. 

Frequentlyasked questions

What is a Procurement Certification?

A procurement certification is a professional proof that symbolizes competence and success in the procurement field.

Why is a Procurement Certification Important?

Procurement certifications are crucial for procurement professionals as they validate their expertise and proficiency in procurement.

What are the Best Institutions to enroll in Procurement Certification?

The Best Institutions to enroll in are Procurement Tactics, the ISM, CIPS, IFPSM, and the NLPA.

About the author

My name is Marijn Overvest, I’m the founder of Procurement Tactics. I have a deep passion for procurement, and I’ve upskilled over 200 procurement teams from all over the world. When I’m not working, I love running and cycling.

Marijn Overvest Procurement Tactics