MBA with Professional Certificate in Procurement Negotiation Essentials

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MBA with Professional Certificate in Procurement Negotiation Essentials

Overview

Procurement Negotiation Essentials

is designed for professionals seeking to master the art of negotiation in procurement.

Effective negotiation is crucial in procurement, where suppliers and buyers engage in complex deals. This program equips learners with the skills to analyze market trends, assess supplier capabilities, and craft compelling offers.

By the end of the course, participants will be able to negotiate confidently and secure better deals. With a focus on practical applications, this program is ideal for procurement professionals looking to enhance their negotiation skills. Explore the course to learn more about procurement negotiation essentials.

Procurement Negotiation Essentials is a comprehensive course that equips you with the skills to excel in procurement negotiation. By mastering the art of negotiation, you'll procurement negotiation essentials to drive business growth and profitability. This MBA program with a Professional Certificate in procurement negotiation essentials offers a unique blend of theoretical knowledge and practical skills, enabling you to procurement negotiation essentials in a rapidly changing business landscape. With a strong focus on negotiation techniques, contract management, and supply chain optimization, this course is designed to enhance your career prospects in procurement, purchasing, and supply chain management. (11)

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


• Negotiation Strategies for Procurement Professionals

• Understanding Buyer-Seller Dynamics in Procurement

• Effective Communication in Procurement Negotiations

• Contract Management and Negotiation Techniques

• Supply Chain Risk Management and Negotiation

• Advanced Negotiation Tactics for Procurement

• Cultural and Language Barriers in Procurement Negotiations

• Data-Driven Decision Making in Procurement Negotiations

• Building Relationships and Trust in Procurement Negotiations

• Negotiation Ethics and Compliance in Procurement

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

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 Procurement Negotiation Essentials

The MBA with Professional Certificate in Procurement Negotiation Essentials is a comprehensive program designed to equip students with the necessary skills and knowledge to excel in procurement negotiation.
This program is typically offered over a period of 6-12 months, allowing students to balance their studies with their professional commitments.
The learning outcomes of this program include the ability to analyze complex procurement situations, develop effective negotiation strategies, and build strong relationships with suppliers and stakeholders.
Upon completion of the program, students will be able to negotiate contracts, manage procurement risks, and optimize supply chain performance.
The program is highly relevant to the procurement industry, as it provides students with the skills and knowledge required to succeed in this field.
The program is designed to be industry-agnostic, making it relevant to various sectors such as manufacturing, construction, and services.
The program is also designed to be flexible, allowing students to choose from a range of elective modules that align with their career goals.
The program is taught by experienced industry professionals who bring real-world expertise to the classroom.
The program is designed to be accessible to working professionals, with flexible learning options that include online and part-time study.
The program is also designed to be affordable, with a range of financing options available to students.
Overall, the MBA with Professional Certificate in Procurement Negotiation Essentials is a valuable investment for anyone looking to advance their career in procurement.

Why this course?

Procurement Negotiation Essentials is a vital skill in today's market, particularly in the UK where businesses are constantly seeking to optimize their procurement processes. According to a survey by the Chartered Institute of Procurement and Supply (CIPS), 75% of UK businesses believe that procurement is a key driver of business growth (Source: CIPS, 2020).
Year Procurement Spend as a Percentage of Total Revenue
2015 55.6%
2018 62.1%
2020 65.3%
The increasing demand for digital transformation and sustainability has further emphasized the importance of procurement negotiation skills. A study by the University of Warwick found that companies that invested in procurement training saw a 15% increase in revenue (Source: University of Warwick, 2019).

Who should enrol in MBA with Professional Certificate in Procurement Negotiation Essentials?

Ideal Audience for MBA with Professional Certificate in Procurement Negotiation Essentials Procurement professionals, Supply Chain Managers, and Business Development Managers in the UK looking to enhance their negotiation skills and stay competitive in the market.
Key Characteristics: Typically hold an MBA or equivalent degree, with 2-5 years of experience in procurement or a related field, and a strong desire to develop effective negotiation strategies to drive business growth and profitability.
Industry Focus: Manufacturing, Construction, Public Sector, and Service-based industries, where procurement plays a critical role in driving business success and competitiveness.
Career Goals: To develop expertise in procurement negotiation, improve relationships with suppliers, and increase business efficiency, ultimately leading to career advancement and increased earning potential.