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Undergraduate Programme in Strategic Procurement
Sunday, 28 April 2024 17:53:58
     

Welcome to our Undergraduate Programme in Strategic Procurement, a comprehensive curriculum designed to equip students with the essential skills and knowledge needed to excel in the dynamic field of procurement and supply chain management. In this program, students will explore key modules tailored to provide a deep understanding of strategic procurement principles and practices. Let's delve into some of the core modules:

1. Foundations of Procurement Management: This foundational module provides students with a comprehensive overview of procurement management principles and concepts. Students will learn about the procurement process, supplier selection, contract negotiation, and supplier relationship management.

2. Strategic Sourcing: In this module, students will delve into strategic sourcing strategies aimed at optimizing the procurement process. Topics include supplier segmentation, market analysis, cost analysis, and risk assessment to ensure the selection of the most suitable suppliers for organizational needs.

3. Contract Management: Effective contract management is essential for ensuring that procurement agreements are executed efficiently and effectively. This module covers contract drafting, negotiation, performance monitoring, and dispute resolution techniques to maximize value and minimize risk.

4. Supplier Relationship Management: Building strong relationships with suppliers is key to procurement success. This module explores strategies for fostering collaborative partnerships with suppliers, managing supplier performance, and mitigating supplier risks.

5. Procurement Analytics: Analytics plays a crucial role in optimizing procurement performance. In this module, students will learn how to leverage data and analytics tools to make informed procurement decisions, identify cost-saving opportunities, and improve overall procurement efficiency.

6. Ethical Sourcing and Sustainability: Ethical sourcing and sustainability are increasingly important considerations in procurement. This module examines ethical sourcing practices, sustainable procurement strategies, and corporate social responsibility initiatives to promote ethical and sustainable procurement practices.

7. Global Procurement Management: With businesses operating in an increasingly globalized market, understanding global procurement dynamics is essential. This module covers international procurement strategies, cross-border regulations, cultural considerations, and global supply chain management.

8. Procurement Risk Management: Procurement involves inherent risks that can impact organizational performance. This module explores strategies for identifying, assessing, and mitigating procurement risks, ensuring continuity and resilience in procurement operations.

Throughout the program, students will engage in a blend of lectures, case studies, simulations, and practical exercises to apply theoretical concepts to real-world procurement scenarios. Our faculty comprises industry experts and experienced practitioners who bring their insights and expertise into the classroom, ensuring that students receive a well-rounded education that is relevant and up-to-date.

By the end of the program, students will emerge with a deep understanding of strategic procurement principles and the skills to drive procurement excellence in today's competitive business environment. Join us on this exciting



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.
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Course content

Welcome to our Undergraduate Programme in Strategic Procurement—a transformative academic journey that prepares you for a rewarding career in supply chain management and purchasing. Our comprehensive curriculum combines theoretical knowledge with practical skills, equipping you with the expertise needed to excel in the dynamic field of procurement.

**Core Curriculum:

- **Introduction to Procurement: Gain a foundational understanding of procurement principles, including sourcing strategies, supplier selection, and contract management.

- **Procurement Process Optimization: Explore techniques for streamlining procurement processes, reducing costs, and improving efficiency through lean methodologies and continuous improvement practices.

- **Supplier Relationship Management: Learn how to cultivate and maintain strong relationships with suppliers, fostering collaboration, innovation, and mutual success.

- **Negotiation and Contract Management: Develop negotiation skills and master the art of contract drafting, negotiation, and enforcement to secure favorable terms and mitigate risks.

- **Strategic Sourcing: Dive into strategic sourcing methodologies, market analysis, and supplier evaluation techniques to optimize procurement decisions and drive value for the organization.

- **Risk Management: Identify and mitigate potential risks in the procurement process, from supply chain disruptions to supplier reliability issues, to ensure business continuity and resilience.

- **Ethical and Sustainable Procurement: Explore ethical considerations and sustainability practices in procurement, including responsible sourcing, environmental stewardship, and social responsibility.

**Distinctive Features:

- **Hands-on Learning: Engage in experiential learning activities, including case studies, simulations, and real-world projects, to apply theoretical concepts to practical scenarios and enhance your problem-solving skills.

- **Industry-Relevant Curriculum: Stay up-to-date with the latest trends and best practices in procurement through a curriculum developed in collaboration with industry experts and practitioners.

- **Faculty Expertise: Learn from experienced faculty members with a wealth of knowledge and expertise in procurement, who bring real-world insights and practical experience to the classroom.

- **Networking Opportunities: Connect with industry professionals, alumni, and fellow students through networking events, guest lectures, and industry partnerships, to expand your professional network and explore career opportunities.

- **Career Development Support: Access career development resources, including resume workshops, mock interviews, and job placement assistance, to prepare for success in your procurement career.

**Conclusion:

Join us and embark on a transformative journey towards a successful career in strategic procurement. With our industry-relevant curriculum, hands-on learning experiences, and personalized career development support, you'll graduate prepared to make a meaningful impact in the world of supply chain management and purchasing. Don't miss out on the opportunity to unlock your potential and shape the future of procurement.

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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