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India - 14,00,327 INR
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ISM CORe Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Supplier Relationship Management | 24% | - Relationship development and collaboration - Supplier evaluation and selection - Risk management and contingency planning - Performance measurement and improvement |
| Topic 2: Financial Analysis | 6% | - Budgeting and cost modeling - Cost of capital and investment analysis - Financial statement interpretation |
| Topic 3: Cost and Price Management | 6% | - Cost analysis and estimation - Cost reduction and control strategies - Price analysis and determination |
| Topic 4: Category Management | 6% | - Performance objectives and metrics - Category strategy formulation - Spend analysis and segmentation |
| Topic 5: Legal and Contractual | 12% | - Legal compliance and regulations - Dispute resolution and termination - Contract formation and terms - Contract administration and changes |
| Topic 6: Sourcing | 28% | - Bidding and solicitation processes - Needs assessment and specification development - Market analysis and supplier identification - Sourcing strategies and approaches |
| Topic 7: Negotiation | 8% | - Negotiation planning and preparation - Outcome evaluation and follow-up - Strategy and tactics application |
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