Professional Certificate in Business Strategic Sourcing and Procurement

Tuesday, 04 February 2025 22:54:36

International applicants and their qualifications are accepted

Start Now     Viewbook

Overview

Overview

Our Professional Certificate in Business Strategic Sourcing and Procurement is designed to equip learners with essential knowledge and skills for success in today's dynamic digital landscape. This course provides flexibility and accessibility for students worldwide, allowing them to enhance their expertise in strategic sourcing and procurement without the need for case studies or practicals. By enrolling in this program, students will gain a comprehensive understanding of key concepts and strategies in business sourcing, preparing them to excel in procurement roles across various industries. Join us today to take your career to the next level!

Gain the essential skills and knowledge needed to excel in the dynamic world of business strategic sourcing and procurement with our Professional Certificate program. This comprehensive course covers key topics such as supplier relationship management, negotiation strategies, cost analysis, and risk management.
Developed by industry experts, this program offers practical insights and real-world case studies to help you master the art of sourcing and procurement.
Whether you are a seasoned professional looking to enhance your skills or a newcomer to the field, this certificate will equip you with the tools you need to succeed in today's competitive business environment.

Entry requirements

The program operates on an open enrollment basis, and there are no specific entry requirements. Individuals with a genuine interest in the subject matter are welcome to participate.

International applicants and their qualifications are accepted.

Step into a transformative journey at LSIB, where you'll become part of a vibrant community of students from over 157 nationalities.

At LSIB, we are a global family. When you join us, your qualifications are recognized and accepted, making you a valued member of our diverse, internationally connected community.

Course Content

• Introduction to Strategic Sourcing
• Procurement Best Practices
• Supplier Relationship Management
• Negotiation Strategies
• Contract Management
• Cost Analysis and Total Cost of Ownership
• Risk Management in Procurement
• Global Sourcing and Supply Chain Management
• Ethics and Compliance in Procurement
• Strategic Procurement Planning and Implementation

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration & course fee

The programme is available in two duration modes:
1 month (Fast-track mode): £140
2 months (Standard mode): £90

40% Cheaper

Our course fee is up to 40% cheaper than most universities and colleges.

Start Now

Awarding body

 The programme is awarded by London School of International Business. This program is not intended to replace or serve as an equivalent to obtaining a formal degree or diploma. It should be noted that this course is not accredited by a recognised awarding body or regulated by an authorised institution/ body.

Start Now

  • Start this course anytime from anywhere.
  • 1. Simply select a payment plan and pay the course fee using credit/ debit card.
  • 2. Course starts
  • Start Now
    •

Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@LSIB.co.uk

+44 (0) 20 3608 0144



Career path

Procurement Manager
Sourcing Specialist
Supply Chain Analyst
Vendor Relations Manager
Logistics Coordinator
Purchasing Agent

Key facts about Professional Certificate in Business Strategic Sourcing and Procurement

- Gain expertise in strategic sourcing and procurement processes
- Develop skills in supplier relationship management and negotiation
- Understand cost reduction strategies and supply chain optimization
- Learn to analyze market trends and implement best practices
- Acquire knowledge in risk management and contract administration
- Industry-relevant curriculum tailored for professionals in procurement
- Practical insights from experienced instructors and industry experts
- Interactive online platform for convenient learning
- Networking opportunities with peers and industry professionals
- Enhance career prospects in procurement and supply chain management
- Stay ahead in a competitive business environment with updated skills and knowledge.

Why this course?

Statistics Importance
£1.15 trillion Total UK procurement spend in 2020
£1.5 billion Potential savings from strategic sourcing
67% Percentage of companies prioritizing strategic sourcing
A Professional Certificate in Business Strategic Sourcing and Procurement is crucial in today's business landscape due to the significant impact it can have on a company's bottom line. With the total UK procurement spend reaching £1.15 trillion in 2020, businesses are increasingly looking to optimize their sourcing and procurement processes to drive cost savings and efficiency. In fact, strategic sourcing has the potential to deliver £1.5 billion in savings for UK businesses. Furthermore, 67% of companies prioritize strategic sourcing, highlighting the high demand for professionals with expertise in this area. By obtaining a professional certificate in this field, individuals can enhance their skills and knowledge, making them highly sought after in the job market. This certification not only adds value to one's career but also contributes to the overall success of businesses in the UK.

Who should enrol in Professional Certificate in Business Strategic Sourcing and Procurement?

This course is designed for professionals looking to enhance their skills in business strategic sourcing and procurement. Whether you are a procurement manager, supply chain analyst, or business owner, this course will provide you with the knowledge and tools to excel in the field. According to a recent survey by the Chartered Institute of Procurement & Supply (CIPS), 67% of UK businesses believe that strategic sourcing is crucial for achieving cost savings and improving overall business performance. Additionally, 82% of companies reported that having a skilled procurement team is essential for driving business success. By enrolling in this course, you will learn how to develop effective sourcing strategies, negotiate better deals with suppliers, and optimize your procurement processes. With the demand for skilled procurement professionals on the rise, this course will give you a competitive edge in the job market. | Statistic | Percentage | |-----------------------------------------|------------| | Importance of strategic sourcing | 67% | | Skilled procurement team essential | 82% | | Demand for procurement professionals | On the rise |