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Undergraduate Programme in Sourcing And Optimization
Saturday, 27 April 2024 18:56:16
     

Welcome to our Undergraduate Programme in Sourcing and Optimization, where students delve into the dynamic world of supply chain management, procurement, and optimization strategies. This program is designed to equip students with the knowledge and skills needed to excel in the increasingly complex and competitive field of sourcing and optimization.

Key Modules:

1. Introduction to Supply Chain Management:
   Gain a foundational understanding of supply chain management principles, including the key components of the supply chain, supply chain dynamics, and the importance of effective sourcing strategies.

2. Procurement Fundamentals:
   Explore the fundamentals of procurement, including procurement processes, supplier selection, contract management, and negotiation techniques. Learn how to identify and evaluate potential suppliers, negotiate favorable terms, and manage supplier relationships effectively.

3. Strategic Sourcing Strategies:
   Dive deep into strategic sourcing strategies aimed at optimizing the sourcing process and driving value for organizations. Explore topics such as total cost of ownership, supplier segmentation, risk management, and global sourcing considerations.

4. Supplier Relationship Management:
   Learn how to build and maintain strong relationships with suppliers to ensure a reliable and efficient supply chain. Explore supplier collaboration, performance measurement, and continuous improvement strategies to enhance supplier relationships and drive operational excellence.

5. Inventory Management:
   Explore inventory management principles and techniques aimed at optimizing inventory levels, reducing costs, and improving operational efficiency. Learn about inventory forecasting, demand planning, inventory optimization tools, and inventory control strategies.

6. Logistics and Distribution Optimization:
   Gain insights into logistics and distribution optimization strategies aimed at improving the efficiency and effectiveness of transportation, warehousing, and distribution operations. Explore topics such as route optimization, warehouse layout design, and transportation management systems.

7. Data Analytics for Supply Chain Optimization:
   Explore the role of data analytics in supply chain optimization. Learn how to leverage data analytics tools and techniques to analyze supply chain data, identify trends and patterns, and make data-driven decisions to optimize supply chain performance.

8. Continuous Improvement and Optimization:
   Understand the importance of continuous improvement in sourcing and optimization. Learn how to identify areas for improvement, implement process optimization initiatives, and measure performance to drive continuous improvement and achieve operational excellence.

Our Undergraduate Programme in Sourcing and Optimization offers a comprehensive curriculum that prepares students for careers in supply chain management, procurement, logistics, and related fields. Whether you aspire to work in manufacturing, retail, healthcare, or any other industry, this programme will provide you with the skills and expertise needed to succeed in today's dynamic business environment. Join us and embark on a rewarding journey in sourcing and optimization.



present_to_all   PURSUE YOUR DREAMS - GAIN A RESPECTED QUALIFICATION STUDYING ONLINE

The programme aims to develop pro-active decision makers, managers and leaders for a variety of careers in business sectors in a global context.
Why choose LSPM ?
● Your qualification is recognised and accepted world over.
Experience online study like never before with our purpose built smart learning tools which gives you advantage of studying anytime and anywhere.
Flexible payment plans , pay fee in easy monthly, quarterly or yearly instalments.
Fast track mode - attain your qualification in just 6 months !
Dedicated Tutor Support via live chat.
Course content

Welcome to our Undergraduate Programme in Sourcing And Optimization, where students delve into the intricate world of supply chain management and optimization. Designed to equip students with the skills and knowledge needed to excel in today's global marketplace, our programme combines theoretical insights with hands-on practical experience to prepare students for success in diverse career paths within the supply chain industry.

**Curriculum Highlights:

1. Introduction to Supply Chain Management: Students are introduced to the fundamental concepts of supply chain management, including the flow of goods, information, and finances across the supply chain network.

2. Sourcing Strategies: This module explores various sourcing strategies, including make-or-buy decisions, supplier selection, and strategic sourcing methods to optimize costs and enhance supply chain efficiency.

3. Inventory Management: Students learn inventory management techniques, including inventory control, demand forecasting, and safety stock management to ensure optimal inventory levels and minimize stockouts.

4. Transportation Optimization: This module covers transportation planning, routing, and optimization techniques to minimize transportation costs, improve delivery performance, and enhance customer satisfaction.

5. Procurement and Negotiation: Students gain insight into procurement processes, contract negotiation, and supplier relationship management to ensure cost-effective sourcing and optimal supplier performance.

6. Supply Chain Analytics: This module focuses on data-driven decision-making in supply chain management, including the use of analytics tools and techniques to analyze supply chain data, identify trends, and make informed decisions.

7. Risk Management: Students learn about risk assessment and mitigation strategies in supply chain management, including identifying, assessing, and managing risks to minimize disruptions and ensure continuity of operations.

8. Lean and Six Sigma Principles: This module introduces students to lean and Six Sigma methodologies for process improvement, waste reduction, and quality management in supply chain operations.

9. Supply Chain Sustainability: Students explore the concept of sustainability in supply chain management, including environmental, social, and economic sustainability practices to create value and mitigate risks.

**Hands-On Learning:

Our programme emphasizes hands-on learning experiences, including case studies, simulations, and real-world projects. Students have the opportunity to apply theoretical concepts to practical scenarios, develop problem-solving skills, and gain valuable experience working on real-world supply chain challenges.

**Industry Engagement:

Throughout the programme, students engage with industry professionals through guest lectures, networking events, and internship opportunities. These industry connections provide valuable insights into current industry trends, best practices, and emerging technologies in supply chain management.

**Conclusion:

In conclusion, our Undergraduate Programme in Sourcing And Optimization offers a comprehensive curriculum designed to equip students with the skills and knowledge needed to succeed in the dynamic field of supply chain management. Through a blend of theoretical insights, hands-on learning experiences, and industry engagement, students graduate prepared to pursue diverse career opportunities in sourcing, procurement, logistics, and operations. Join us and embark on a rewarding journey to become a skilled and knowledgeable professional in the world of sourcing and optimization.

❶   Course duration
The programme is available in two duration modes:
1 month
2 months
❷   Course Delivery

Online

❸   Entry Requirements
  • The program operates under an open enrollment framework, devoid of specific entry prerequisites. Individuals demonstrating a sincere interest in the subject matter are cordially invited to participate. Participants must be at least 18 years of age at the commencement of the course. OR;
❺   Assessment

The assessment is done via submission of assignment. There are no written exams.

❻   Course fee
The fee for the programme is as follows:

1 month - GBP £149


2 months - GBP £99
❼   Payment plans

1 month - GBP £149

2 months - GBP £99
❽   Accreditation

  • 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 regula

❾   How to apply?

Simply follow the 2 steps given below to enrol:

(1) Fill enrolment form online at
https://www.lspm.org.uk/enrolment-v2/start.html

(2) Pay enrolment fee of GBP £15
(This can be paid online using credit or debit card)

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