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Undergraduate Programme in Supplier Selection And Evaluation
Sunday, 28 April 2024 14:27:47
     

Welcome to the dynamic Undergraduate Programme in Supplier Selection and Evaluation, where strategic sourcing meets innovation in supply chain management! This comprehensive program is meticulously crafted to equip aspiring professionals with the essential knowledge and skills to navigate the intricate landscape of supplier selection and evaluation, empowering them to drive value and sustainability in their organizations' supply chains.

The program begins with a foundational exploration of "Strategic Sourcing Fundamentals," where participants will gain a deep understanding of the strategic sourcing process, supplier relationship management, and the importance of aligning procurement strategies with organizational goals. This module sets the stage for informed decision-making and strategic planning throughout the supply chain.

Building upon this foundation, participants will delve into "Supplier Identification and Pre-Qualification," where they will learn to identify potential suppliers, assess their capabilities, and pre-qualify them based on criteria such as quality, reliability, and financial stability. This module equips students with the tools and techniques to build a robust supplier base that aligns with their organization's strategic objectives.

In the module "Supplier Evaluation and Performance Measurement," learners will explore methodologies for evaluating supplier performance, including key performance indicators (KPIs), balanced scorecards, and supplier scorecards. By mastering these techniques, participants will be able to objectively assess supplier performance, identify areas for improvement, and drive continuous improvement in their supply chains.

The program's interdisciplinary approach is exemplified in the module titled "Ethics and Sustainability in Supplier Selection," where participants will examine the ethical and sustainability considerations inherent in supplier selection and evaluation. From fair labor practices to environmental impact assessments, students will explore the role of ethics and sustainability in shaping responsible procurement practices and driving positive social and environmental outcomes.

As the program progresses, participants will engage with "Risk Management in Supplier Selection," a module that explores strategies for mitigating supply chain risks and ensuring business continuity. From geopolitical risks to supply chain disruptions, students will learn to identify, assess, and manage risks effectively, safeguarding their organizations against potential threats and vulnerabilities.

In the module "Supplier Negotiation and Contract Management," learners will develop essential negotiation skills and explore best practices for contract management in supplier relationships. From setting negotiation objectives to drafting contracts that protect organizational interests, participants will emerge with the confidence and expertise to negotiate favorable terms and manage contracts effectively.

The program culminates with a capstone project, where participants will have the opportunity to apply their newfound knowledge and skills in a real-world context. Guided by experienced faculty mentors, students will design and implement a supplier selection and evaluation strategy tailored to address a specific organizational challenge, demonstrating their readiness to make a meaningful impact in the field of supply chain management.

Join us on this transformative journey as we explore the strategic importance of supplier selection and evaluation in driving organizational success and sustainability. Embark on your path to becoming a strategic sourcing leader and supply chain innovator today!



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.
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Course content

Welcome to the Undergraduate Programme in Supplier Selection and Evaluation, a cutting-edge academic journey designed to equip aspiring professionals with the knowledge and skills needed to excel in strategic sourcing and supply chain management. Our program offers a comprehensive curriculum that combines theoretical foundations with practical applications, preparing students to navigate the complex challenges of supplier selection and evaluation with confidence and expertise.

Curriculum Overview:

1. Strategic Sourcing Fundamentals:
   Dive into the fundamentals of strategic sourcing, exploring topics such as procurement strategy development, supplier relationship management, and supply chain optimization. Gain insights into the strategic role of procurement in achieving organizational objectives and enhancing competitive advantage.

2. Supplier Identification and Pre-Qualification:
   Learn to identify potential suppliers and assess their capabilities effectively. Explore pre-qualification processes and criteria, including quality standards, financial stability, and risk assessment. Develop the skills to build a robust supplier base that aligns with organizational needs and objectives.

3. Supplier Evaluation and Performance Measurement:
   Master the art of evaluating supplier performance using key performance indicators (KPIs), balanced scorecards, and other measurement techniques. Discover how to objectively assess supplier performance, identify areas for improvement, and drive continuous improvement in supplier relationships.

4. Ethics and Sustainability in Supplier Selection:
   Explore the ethical and sustainability considerations inherent in supplier selection and evaluation. Learn about fair labor practices, environmental sustainability, and corporate social responsibility (CSR) initiatives. Gain the knowledge and tools to integrate ethics and sustainability into procurement practices and decision-making.

5. Risk Management in Supplier Selection:
   Delve into strategies for identifying, assessing, and managing supply chain risks. Explore risk mitigation techniques, contingency planning, and business continuity strategies. Develop the skills to safeguard your organization against potential disruptions and vulnerabilities in the supply chain.

6. Supplier Negotiation and Contract Management:
   Hone your negotiation skills and learn best practices for contract management in supplier relationships. Explore negotiation strategies, contract drafting, and dispute resolution techniques. Gain the confidence and expertise to negotiate favorable terms and manage contracts effectively.

Capstone Project:
   Apply your knowledge and skills in a real-world setting through a hands-on capstone project. Work closely with faculty mentors to design and implement a supplier selection and evaluation strategy tailored to address a specific organizational challenge. Demonstrate your readiness to make a meaningful impact in the field of supply chain management.

Why Choose Our Programme?

Our programme stands out for its comprehensive curriculum, practical focus, and industry-relevant insights. By enrolling in the Undergraduate Programme in Supplier Selection and Evaluation, you'll gain the knowledge, skills, and credentials needed to excel in strategic sourcing and supply chain management. Whether you're seeking to launch a career in procurement, advance your skills as a supply chain professional, or drive organizational success through effective supplier management, our programme provides the tools and resources you need to succeed.

Enroll today and take the first step towards becoming a strategic sourcing leader and supply chain innovator!

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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