PROCUREMENT EXECUTIVE (FM) An Overview
As organizations strive to achieve their goals and objectives, the importance of procurement executives cannot be overstated. Procurement executives play a critical role in ensuring that an organization acquires the necessary goods and services required to operate smoothly, at the right time, and at the right cost. In this article, we will explore the role of a procurement executive in the facility management industry, including their highlights, entrance exam, admission, eligibility, duration, selection criteria, how to apply, application form, application process, fee, syllabus, salary and jobs, and career opportunities.
PROCUREMENT EXECUTIVE (FM) Highlights
Facility Management (FM) is an emerging field that provides an integrated approach to the management and maintenance of an organization's physical assets and infrastructure. Procurement executives in FM are responsible for sourcing and managing the procurement of goods and services, negotiating contracts with suppliers, managing vendor relationships, and ensuring that all procurement activities comply with the organization's policies and regulations.
PROCUREMENT EXECUTIVE (FM) Entrance Exam
To become a procurement executive in FM, you need to have a bachelor's degree in any field, although a degree in supply chain management, logistics, business, or finance is preferred. You also need to pass the entrance exam conducted by the Institute of Supply Chain Management (ISCM). The entrance exam comprises questions related to supply chain management, procurement, logistics, and business ethics.
PROCUREMENT EXECUTIVE (FM) Admission
After passing the entrance exam, you can enroll in the Procurement Executive (FM) program offered by the ISCM. The program is designed to provide you with the necessary knowledge and skills to become a successful procurement executive in FM.
PROCUREMENT EXECUTIVE (FM) Eligibility
To be eligible for the Procurement Executive (FM) program, you need to have a bachelor's degree in any field from a recognized university. You also need to pass the entrance exam conducted by the ISCM.
PROCUREMENT EXECUTIVE (FM) Duration
The Procurement Executive (FM) program is a one-year program that comprises four semesters. Each semester lasts for three months, and you need to complete all four semesters to graduate.
PROCUREMENT EXECUTIVE (FM) Selection Criteria
The selection criteria for the Procurement Executive (FM) program include your performance in the entrance exam and your academic record. You also need to meet the eligibility criteria to be considered for admission.
PROCUREMENT EXECUTIVE (FM) How to Apply
To apply for the Procurement Executive (FM) program, you need to visit the ISCM website and fill out the application form. You also need to upload your academic transcripts and a copy of your entrance exam scorecard. After submitting your application, you will be invited for an interview, which is the final stage of the application process.
PROCUREMENT EXECUTIVE (FM) Application Form
The application form for the Procurement Executive (FM) program is available on the ISCM website. You need to provide your personal and academic details and upload the required documents to complete the application process.
PROCUREMENT EXECUTIVE (FM) Application Process
The application process for the Procurement Executive (FM) program is online. After filling out the application form and uploading the required documents, you need to submit the application and pay the application fee. After submitting your application, you will receive an email with your application number and further instructions.
PROCUREMENT EXECUTIVE (FM) Fee
The fee for the Procurement Executive (FM) program varies depending on the institute. On average, the fee ranges from $5000 to $10000.
PROCUREMENT EXECUTIVE (FM) Syllabus
The syllabus for the Procurement Executive (FM) program includes courses related to supply chain management, procurement, logistics, business ethics, and vendor management. Some of the courses offered in the program include Strategic Procurement Management, Contract Negotiation, Supplier Relationship Management, and Risk Management.
PROCUREMENT EXECUTIVE (FM) Salary and Jobs
As a procurement executive in FM, you can expect to earn an average salary of $80,000 per year. The salary varies depending on the organization