London School of International Business (LSIB)

Unraveling the Myths and Facts in Strategic Procurement Management: An Extended Undergraduate Programme Overview

Welcome to our Extended Undergraduate Programme in Strategic Procurement Management! Below is a detailed overview of the myths and facts surrounding this course:

Myth	Fact
Procurement is just about purchasing goods	Procurement involves strategic sourcing, supplier management, cost optimization, and risk mitigation
Procurement is a low-level administrative function	Procurement plays a crucial role in organizational success, driving cost savings and innovation
Procurement is a one-size-fits-all approach	Procurement strategies should be tailored to meet the unique needs of each organization

By debunking these myths and shedding light on the facts, our programme equips students with the knowledge and skills needed to excel in the field of strategic procurement management. Join us on this enlightening journey and unlock the secrets to sustainable procurement practices!