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7 Best Procurement Training of 2023

Are you looking for procurement & sourcing training? Do you have the need to improve your skills in procurement and negotiations? Or do you simply just want to join one so you can apply for a procurement position? 

Whatever your reasons are, you really need to read this article. We are going to check the 6 best procurement training for this year and we will evaluate if they are indeed worth your time and money.

After reading this article, you’ll only have to decide which certification you want to achieve! 

What is the Best Procurement Training for Beginners?

Most fundamental procurement trainings sessions for beginners are often done for up-and-coming employees who just signed up to become procurement experts. These are the type of training where the fundamental skills of negotiation and sourcing are taught. 

While the following certification training sessions are for procurement managers & specialists who already have a little bit of experience, these are still perfect for the complete beginner. Have a look at the following procurement trainings and check out the details before fully committing to it.

1. Annual Procurement Strategy Course

First and foremost, our Annual Procurement Strategy Course. This course will align your goals and objectives with what you want to achieve in 2023. This course is a perfect investment, especially for procurement and sourcing professionals who like to stay ahead of the current trends and digitalization in procurement. 

Additionally, this is a self-paced online course you can take wherever you are and whatever you do in your free time. This course has video lessons, procurement templates, reading materials, and bonus content that you can access to improve your knowledge of procurement. After completing the course, you will get a certificate that attests that you are now a master in building procurement strategies. 

Price: $875 with a personal procurement plan, 18 video lessons, and unlimited access for 12 months. 

Procurement Skills being Taught: The basics of procurement, external and internal analysis, supplier plotting, and creating a procurement plan. 

We also have a great package deal if you want to master not just your procurement skills but also your negotiation skills which you can check by clicking here.

2. Certified International Procurement Professional (CIPP)

CIPP is an Online Procurement Certification Program designed for those who are entirely new to procurement or have less than 5 years of experience in procurement. This course is also for those who are not entirely new to procurement, but just want a holistic approach to building procurement skills and get international certification.

Price: $ 2,195 for 12 Months of Unlimited Online Access

Procurement Skills being Taught: Strategic sourcing, negotiation tricks, and tips, legal aspects of procurement, fundamentals of contract management, strategy for contract terms, cost concepts for procurement, operational procurement, and finance. 

3. From Tactical to World Class Procurement Class Training

This procurement class training is perfect for more seasoned procurement executives who are working together in a business or organization. While not a good option for the most basic procurement beginner, the training includes basic procurement topics as a refresher course. The aim of the course is to help the learner become a World-class talent in procurement and sourcing.

Price: $397 for 3 Hours of Online Learning, 6 E-Courses, with 2 months of Unlimited Access.

Procurement Skills being Taught: Scenario Based E-Learning, Real-life simulations, micro-learning, Introduction to the Procurement Process, Basic Negotiation Tactics, Basic Contract Negotiation, Ethics in the Procurement Process.

Ultimate Supplier Plotting Checklist 2023

4. Strategic Sourcing Fundamentals Online Training

This online training course is especially aimed at sourcing professionals. It’s still applicable towards procurement managers though and is a good training course to start at if you’re trying to improve your knowledge about procurement but through a limited budget.

The course promises a “No Fluff, No-Nonsense, No Academic Learning”. So basically this training course is all about practical knowledge and actual real-life simulations.

Price: $397 for 2 Months of  Unlimited Online Access.

Procurement Skills being Taught: Introduction to Procurement Process, How to write an RFQ and RFI, Basic Negotiation Tactics, Basic Contract Negotiation, Improving Specifications, Ethics in the Procurement Process 

5. Cost Management Online Training

This Cost Management Online Training is another specialized course dedicated to procurement managers and beginners who want to take a more advanced course on cost management. The training also comes with other great procurement subjects, such as negotiation training and the procurement process too. 

Pricing: $497 for 4 Hours of Online Training and 2 months of Unlimited Access

Procurement Skills being Taught: Cost management, Value Engineering, Supplier Performance Index, Value Analysis, Developing a Cost Breakdown, Cost Avoidance, Total cost of ownership

6. Certified International Advanced Procurement Professional

A special edition training course, the Certified International Advanced Procurement Professional training course is, as the name suggests, the advanced learning session for CIPS. Those who managed to finish this course are awarded an Accredited International Procurement Certification. The certification itself is extra difficult to obtain without the use of books or vast experience through traveling all over the world. 

The course adds that anyone who manages to finish this course has managed to get high-paying procurement jobs or has been promoted to good positions. So for anyone who wants to get more knowledge in procurement or you simply want to take a shot at the certification itself, then try this online course.

Pricing:  $ 2,195 for 12 Months of Unlimited Online Access

Procurement Skills being Taught: Advanced Procurement, Negotiations styles, legal aspects of procurement, fundamentals of contract management, strategy for contract terms, cost concepts for procurement, operational procurement, and finance.

7. Chartered Institute of Procurement & Supply (CIPS)

the Chartered Institute of Procurement & Supply. A global membership organization in Procurement education and training. CIPS is a not-for-profit organization that offers procurement and supply management qualifications, education, and training services.

It has 6 different types of CIPS qualifications which are levels 2, 3, 4, 5, 6, and 7 that you can qualify for. The CIPS is widely regarded by employers as a leading authority on procurement and supply. Thus, the reasons why its qualifications are sought-after and well-respected. 

Price: Level 2 certificate cost between $1,100 and $1,600

  Level 3 certificate cost between $1,300 and $1,700

  Level 4 certificate cost between $1,500 and $2,500

  Level 5 certificate cost between $1,200 and $2,600

  Level 6 and 7 certificate cost between $1,800 and $2,700

Procurement Skills being Taught: The level of qualification determines what procurement skills you can learn. If you are going to try level 2, then it is useful if you are entering the procurement industry for the first time. The advanced level, like the level 6 and 7 qualifications, will teach you everything you need to know in procurement as it is the most comprehensive CIPS qualification that you can take. 

Frequentlyasked questions

+ What is the best procurement training?

The best procurement training always involves hands-on courses and practical procurement knowledge.

+ Are there any online procurement training?

Yes, there are. There are probably hundreds of procurement training available online.

+ Are there any procurement certificates in online training?

Most procurement training comes with certificates too. It’s one way to attract potential students.

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