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ISM 630-007 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Negotiation and Contract Optimization | - Negotiation strategies for value creation - Contract structuring and performance clauses |
| Topic 2: Total Cost of Ownership (TCO) | - Lifecycle cost considerations - Direct and indirect cost analysis |
| Topic 3: Strategic Sourcing | - Market analysis and supplier selection - Sourcing strategy development |
| Topic 4: Value Analysis and Value Engineering | - Cost reduction strategies - Value optimization techniques in procurement |
| Topic 5: Supplier Relationship Management | - Supplier development and collaboration - Supplier performance evaluation |
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