01markets team boasts of certified professionals

BANGALORE: 01markets has amongst its ranks a team of 7 CPM (Certified purchasing manger) and APP (Accredited purchasing professional) professionals. CPM and APP are internationally recognized certifications for procurement professionals. These certificates are awarded by the US-based Institute of Supply Chain (ISM) and are highly respected in procurement circles internationally, a release stated.

"We decided to go in for the CPM certification as we believe that it would benefit 01markets and the customer facing team members like sales, consultants and solution architects. This will become a significant USP us in this space." said 01 markets, Head- solutions and consultancy Pradeep Bahirwani.

"Our success in this area now enables us to establish 01markets as a team of professionals with competent sourcing and procurement credentials and position 01markets as a company with depth of procurement expertise." he added.

According to data available with Indian Institute of Materials Management (IIMM) which is the only body certified in India to give this certification, there are 44 CPM and 14 APP professionals in the country today and almost all of them belong to the manufacturing segment. "In today's business environment there is a strong need for companies especially in the manufacturing segment to optimize their procurement practices," said, IIMM Director Education, Shahjahan.

" In such a scenario there is huge demand for more number of CPM & APP certified professionals. The course has been tailor- made for professionals involved in global sourcing and procurement. It makes a big difference especially in UK, Middle- East and US where CPM & APP certification is seen as an absolutely essential qualification. 01markets is the only eProcurement service provider in the country to have amongst them CPM & APP certified professionals" added Shahjahan.

"The need for an eProcurement service provider to have domain knowledge of the procurement practices in the industries that they target is an absolute necessity today, Customers demand that and expect our procurement consultants to be the best globally and in India we have a heard start with these certifications," added Pradeep.

01markets the leading eProcurement services, consultancy and solutions provider in the country has reported turnover in excess of Rs.200 crore for the financial year ended 2002, signifying a four-fold growth over the previous transactions of Rs.55 crore. 01markets during the FY 2001-02 ramped up to conduct over 180 reverse auctions in six verticals across 70 categories and so far has roped in more than 50 customers.