MBA with Professional Certificate in Procurement Key Indicators

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MBA with Professional Certificate in Procurement Key Indicators

Overview

Procurement

is a critical function in business, and understanding its key indicators is essential for making informed decisions. This MBA with Professional Certificate in Procurement Key Indicators program is designed for professionals who want to enhance their skills in procurement management. The program focuses on teaching students how to analyze and interpret key procurement indicators, such as cost, lead time, and supplier performance. By the end of the program, learners will be able to identify areas for improvement and develop strategies to optimize procurement processes.

With a strong understanding of procurement key indicators, learners can drive business growth and improve profitability.

Procurement is a vital function in any organization, and our MBA with Professional Certificate in Procurement Key Indicators course is designed to equip you with the skills and knowledge to excel in this field. By focusing on procurement key indicators, you'll learn how to measure and analyze procurement performance, identify areas for improvement, and develop strategies to optimize procurement processes. This course offers procurement professionals a unique opportunity to enhance their skills and advance their careers. With a strong emphasis on procurement best practices, you'll gain a competitive edge in the job market and be well-equipped to drive business growth and profitability. (5)

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


Procurement Strategy Development

Supply Chain Management

Sourcing and Procurement Planning

Contract Management and Negotiation

Procurement Cost Control and Optimization

Procurement Risk Management

Procurement Performance Measurement and Evaluation

Procurement and Logistics Integration

Procurement in Global Sourcing

Procurement and Supply Chain Analytics

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)

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

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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 Procurement Key Indicators

The MBA with Professional Certificate in Procurement Key Indicators is a specialized program designed to equip students with the necessary skills and knowledge to succeed in the field of procurement.
This program focuses on teaching students how to analyze and optimize procurement processes, manage supply chains, and negotiate contracts.
Through a combination of theoretical and practical coursework, students will learn about procurement strategies, risk management, and procurement technology.
The program's learning outcomes include developing expertise in procurement planning, sourcing, and contract management, as well as understanding the impact of procurement on business performance.
The duration of the 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 procurement is a critical function in many organizations, and companies are constantly looking for professionals who can optimize their procurement processes.
The program's curriculum is designed to prepare students for careers in procurement, such as procurement manager, supply chain manager, or purchasing manager.
Graduates of the program will have a strong understanding of procurement principles, practices, and technologies, and will be able to apply this knowledge to drive business success.
The program's industry relevance is further enhanced by the fact that many companies are adopting digital procurement platforms and technologies, and the program will equip students with the skills to work with these systems.
Overall, the MBA with Professional Certificate in Procurement Key Indicators is a valuable program for students who want to launch or advance their careers in procurement.

Why this course?

Procurement Key Indicators are crucial in today's market, particularly with the increasing demand for efficient supply chain management. In the UK, the procurement industry is a significant contributor to the economy, with a value of £1.2 trillion in 2020 (Source: IFS Consulting). To stay competitive, professionals in this field need to possess advanced skills, including those acquired through an MBA with a Professional Certificate in Procurement. A 3D Column Chart (see below) illustrates the growth of procurement spend in the UK over the past five years, with a significant increase in 2020 due to the COVID-19 pandemic.
Year Procurement Spend (£bn)
2016 £430
2017 £460
2018 £490
2019 £520
2020 £630

Who should enrol in MBA with Professional Certificate in Procurement Key Indicators?

Ideal Audience for MBA with Professional Certificate in Procurement Key Indicators Procurement professionals, Supply Chain Managers, and Business Leaders in the UK looking to enhance their skills and knowledge in procurement and supply chain management, with a focus on key performance indicators (KPIs) and metrics.
Key Characteristics: Typically hold a bachelor's degree in a relevant field, with 2-5 years of experience in procurement or a related field, and a strong interest in developing their skills and knowledge in procurement and supply chain management.
Career Goals: To gain a deeper understanding of procurement and supply chain management, and to develop the skills and knowledge needed to drive business growth and improvement, with a focus on key performance indicators (KPIs) and metrics.
Industry Focus: The UK's public and private sectors, including government agencies, large corporations, and small to medium-sized enterprises (SMEs), with a focus on industries such as manufacturing, logistics, and services.
Learning Objectives: To develop a comprehensive understanding of procurement and supply chain management, and to gain the skills and knowledge needed to drive business growth and improvement, with a focus on key performance indicators (KPIs) and metrics.