MBA with Professional Certificate in Cost-effective Sourcing Strategies

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International Students can apply

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MBA with Professional Certificate in Cost-effective Sourcing Strategies

Overview

Cost-effective Sourcing Strategies

is designed for professionals seeking to optimize procurement processes and reduce costs. This MBA with Professional Certificate program equips learners with the skills to identify and implement cost-saving measures in sourcing.

By focusing on strategic sourcing, learners will gain a deeper understanding of the importance of negotiating contracts, managing supply chains, and leveraging technology to streamline procurement processes.

Some key concepts covered in the program include:

Supply Chain Optimization, Contract Management, and Procurement Analytics. These skills will enable learners to make data-driven decisions and drive business growth.

Whether you're looking to advance your career or start a new venture, this program will provide you with the knowledge and expertise needed to succeed in the field of cost-effective sourcing.

Join our community of professionals and start exploring the world of cost-effective sourcing today!

Cost-effective Sourcing Strategies is a game-changer for professionals seeking to optimize their procurement processes. This MBA with Professional Certificate program equips you with the skills to sourcing strategies that drive business growth while minimizing costs. By mastering cost-effective sourcing techniques, you'll enhance your negotiating skills, improve supplier relationships, and increase your value to the organization. With a strong focus on industry trends and best practices, this program offers unparalleled career prospects in procurement, supply chain management, and business development. Upon completion, you'll be equipped to drive business success with cost-effective sourcing strategies. (8)

Entry requirements

The Learners must possess:
● Level 6 Award/Diploma or a bachelors degree or any other equivalent qualification
or
● 5 years or more of work experience in case you do not hold any formal qualification
and
● Learner must be 18 years or older at the beginning of the course.


International Students can apply

Joining our world will be life-changing with a student body representing over 157 nationalities.

LSIB is truly an international institution with history of welcoming students from around the world. With us, you're not just a student, you're a member.

Course Content

•
• Cost-Effective Sourcing Strategies: Introduction to Cost-Effective Sourcing Strategies •
• Procurement Planning: Procurement Planning and Budgeting for Cost-Effective Sourcing •
• Supplier Selection: Supplier Selection Criteria for Cost-Effective Sourcing •
• Negotiation Techniques: Effective Negotiation Techniques for Cost-Effective Sourcing •
• Contract Management: Contract Management for Cost-Effective Sourcing •
• Sourcing Strategies: Sourcing Strategies for Cost-Effective Procurement •
• Supply Chain Management: Supply Chain Management for Cost-Effective Sourcing •
• Cost Analysis: Cost Analysis for Cost-Effective Sourcing Decisions •
• Risk Management: Risk Management for Cost-Effective Sourcing Strategies •
• Performance Measurement: Performance Measurement for Cost-Effective Sourcing

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

The programme is available in two duration modes:

12 Months: GBP £7700
18 Months: GBP £6700
This programme does not have any additional costs.
The fee is payable in monthly, quarterly, half yearly instalments.
You can avail 5% discount if you pay the full fee upfront in 1 instalment

Payment plans

12 Months - GBP £7700

● Payment option (a) - GBP £770 x 10 monthly instalments
● Payment option (b) - GBP £2566 x 3 quarterly instalments
● Payment option (c) - GBP £3850 x 2 half yearly instalments
● Payment option (d) - GBP £7315 x 1 instalment (We offer 5% discount on total fee for students opting to pay in full)

18 Months - GBP £6700

● Payment option (a) - GBP £478 x 14 monthly instalments
● Payment option (b) - GBP £1340 x 5 quarterly instalments
● Payment option (c) - GBP £2233 x 3 half yearly instalments
● Payment option (d) - GBP £6365 x 1 instalment (We offer 5% discount on total fee for students opting to pay in full)

40% Cheaper

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

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Accreditation

 Stage 1 (Delivered by LSIB):
The programme involves delivery through on-line Learning Management System (LMS). This stage leads to award of Level 7 Diploma in Strategic Management and Leadership. Credits earned at this stage - 120 credits (60 ECTS).

Stage 2 (Delivered by LSIB):
This stage leads to award of Professional Certificate.

Stage 3 (Delivered by the University / awarding body)
On completion of the diploma programme you progress / Top up with Degree through a UK University for progression to the MBA degree. The stage 3 is delivered via distance learning by faculties from the University / awarding body. Credits earned at this stage - 60 credits (30 ECTS).

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  • 1. Complete the online enrolment form and Pay enrolment fee of GBP £10.
  • 2. Wait for our email with course start dates and fee payment plans. Your course starts once you pay the course fee.
  • Apply Now
    •

Got questions? Get in touch

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+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about MBA with Professional Certificate in Cost-effective Sourcing Strategies

The MBA with Professional Certificate in Cost-effective Sourcing Strategies is a comprehensive program designed to equip students with the knowledge and skills necessary to navigate the complexities of sourcing in a cost-effective manner.
This program is ideal for professionals seeking to enhance their procurement skills and contribute to the success of their organizations.
Through this program, students will learn how to develop and implement effective sourcing strategies that minimize costs and maximize value.
The learning outcomes of this program include the ability to analyze complex sourcing problems, develop and implement cost-effective sourcing solutions, and manage sourcing operations to achieve strategic objectives.
The duration of this program is typically 12-18 months, depending on the institution and the student's prior experience.
The program is highly relevant to the industry, as companies are constantly seeking ways to reduce costs and improve efficiency.
The MBA with Professional Certificate in Cost-effective Sourcing Strategies is a valuable addition to any professional's skillset, particularly in industries such as manufacturing, retail, and services.
By the end of the program, students will have gained the knowledge and skills necessary to make a significant impact in their organizations and contribute to the success of their companies.
The program is designed to be flexible and accommodating, with online and on-campus options available to suit different learning styles and schedules.
The cost-effective sourcing strategies learned in this program can be applied in a variety of contexts, from procurement and supply chain management to logistics and distribution.
Overall, the MBA with Professional Certificate in Cost-effective Sourcing Strategies is a valuable investment for professionals seeking to enhance their skills and advance their careers.

Why this course?

Cost-effective Sourcing Strategies are crucial in today's market, with the UK's procurement industry valued at £1.3 trillion (Source: IFS 2020). A Master's in Business Administration (MBA) with a Professional Certificate in Cost-effective Sourcing Strategies can equip learners with the necessary skills to navigate this complex landscape.
Industry Cost Savings (%)
Manufacturing 15.6%
Retail 12.1%
Construction 10.3%

Who should enrol in MBA with Professional Certificate in Cost-effective Sourcing Strategies?

Ideal Audience for MBA with Professional Certificate in Cost-effective Sourcing Strategies Professionals seeking to enhance their procurement skills and knowledge in cost-effective sourcing strategies, particularly in the UK, where the average cost of living is high and businesses are under pressure to reduce expenses.
Key Characteristics: Typically, individuals with 2-5 years of experience in procurement, supply chain management, or a related field, working in industries such as manufacturing, retail, or services, with a focus on cost reduction and process improvement.
Career Goals: Upon completion of the program, learners can expect to achieve career goals such as becoming a senior procurement manager, supply chain manager, or a cost reduction specialist, with a salary range of £40,000-£70,000 per annum in the UK.
Industry Focus: The program is designed to cater to the needs of various industries, including manufacturing, retail, services, and public sector organizations, with a focus on cost-effective sourcing strategies and process improvement.