MBA with Professional Certificate in Procurement Supplier Evaluation

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MBA with Professional Certificate in Procurement Supplier Evaluation

Overview

Procurement

is a critical function in business, and Supplier Evaluation is a crucial aspect of it. This course is designed for professionals who want to enhance their skills in evaluating suppliers and making informed procurement decisions.

With the increasing complexity of global supply chains, companies need to be able to assess and select the best suppliers to meet their needs. This course provides the necessary knowledge and tools to help you evaluate suppliers effectively and negotiate contracts that benefit your organization.

Through a combination of lectures, case studies, and practical exercises, you will learn how to assess supplier performance, identify potential risks, and develop strategies to mitigate them. You will also learn how to negotiate contracts and manage supplier relationships.

By the end of this course, you will have the skills and knowledge to evaluate suppliers and make informed procurement decisions that drive business success. So, if you're looking to take your procurement skills to the next level, explore this course and discover how to become a more effective supplier evaluator.

Procurement is a vital function in any organization, and our MBA with Professional Certificate in Procurement Supplier Evaluation is designed to equip you with the skills to excel in this field. This course offers procurement professionals a unique opportunity to enhance their knowledge and skills in supplier evaluation, negotiation, and contract management. With this program, you'll gain a deeper understanding of procurement principles, practices, and best practices, as well as develop essential skills in data analysis, risk management, and strategic planning. Upon completion, you'll be well-positioned for career advancement in procurement and related fields, with opportunities in industries such as finance, logistics, and supply chain management. (2)

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
•
• Supplier Evaluation Framework
•
• Procurement Cost Analysis
•
• Contract Management and Negotiation
•
• Procurement Risk Management
•
• Procurement Process Improvement
•
• Procurement Metrics and Performance Evaluation

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
    •

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Career path

Key facts about MBA with Professional Certificate in Procurement Supplier Evaluation

The MBA with Professional Certificate in Procurement Supplier Evaluation is a specialized program designed to equip students with the necessary skills and knowledge to effectively evaluate and manage suppliers in a procurement context.
This program is ideal for individuals working in procurement, supply chain management, or related fields who want to enhance their expertise in supplier evaluation and procurement practices.
The learning outcomes of this program include understanding procurement strategies, supplier evaluation techniques, and negotiation skills, as well as knowledge of procurement laws and regulations.
The duration of the program varies depending on the institution and the student's prior experience, but it typically takes 6-12 months to complete.
The program is designed to be industry-relevant, with a focus on practical skills and knowledge that can be applied in real-world procurement settings.
The MBA with Professional Certificate in Procurement Supplier Evaluation is a valuable addition to any career in procurement, supply chain management, or related fields, and can lead to career advancement opportunities and increased earning potential.
The program is also relevant to industries such as manufacturing, construction, and services, where procurement plays a critical role in driving business success.
Overall, the MBA with Professional Certificate in Procurement Supplier Evaluation is a comprehensive and practical program that can help students develop the skills and knowledge needed to succeed in procurement and supply chain management.

Why this course?

Procurement Supplier Evaluation is a crucial aspect of modern business, particularly in the UK where it is estimated that 70% of procurement spend is spent on suppliers (Source: CIPS). The demand for skilled professionals who can effectively evaluate and manage supplier relationships is on the rise, making an MBA with a Professional Certificate in Procurement Supplier Evaluation highly relevant to learners and professionals in today's market. In the UK, the average salary for a procurement professional is £43,000, with senior roles commanding salaries up to £80,000 (Source: Glassdoor). To stay competitive, professionals need to develop advanced skills in procurement supplier evaluation, including contract management, supplier development, and risk management.
Year Number of Procurement Professionals
2015 120,000
2020 150,000
2025 (Projected) 180,000

Who should enrol in MBA with Professional Certificate in Procurement Supplier Evaluation?

Procurement Supplier Evaluation is an ideal career path for ambitious professionals seeking to advance their careers in the UK's £2.5 trillion procurement industry.
Key characteristics of the ideal candidate include: A bachelor's degree in a relevant field such as business, supply chain management, or logistics, with a strong understanding of procurement principles and practices.
In the UK, the demand for skilled procurement professionals is high, with the Chartered Institute of Procurement and Supply (CIPS) reporting a 10% increase in job vacancies in 2022. With a Professional Certificate in Procurement Supplier Evaluation, learners can develop the skills and knowledge required to succeed in this field, including supplier evaluation, contract management, and procurement strategy.
Ideal candidates typically have: At least 2 years of work experience in a related field, a strong understanding of procurement principles and practices, and excellent communication and analytical skills.