MBA with Professional Certificate in Strategic Sourcing

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International Students can apply

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MBA with Professional Certificate in Strategic Sourcing

Overview

Strategic Sourcing

is a critical function in business that involves sourcing products or services at the best possible price. This MBA with Professional Certificate in Strategic Sourcing is designed for professionals who want to develop the skills to optimize procurement processes and drive business growth.

Learn how to analyze market trends, negotiate contracts, and manage supplier relationships to achieve strategic sourcing goals.

Some of the key topics covered in this program include: supply chain management, procurement strategy, and category management.

Develop the expertise to make informed decisions and drive business results through effective strategic sourcing practices.

Take the first step towards becoming a strategic sourcing leader and explore this program further to learn more about how it can help you achieve your career goals.

Strategic Sourcing is a game-changer for professionals looking to elevate their procurement skills. This MBA with Professional Certificate in Strategic Sourcing is designed to equip you with the expertise to drive business growth through effective sourcing strategies. By mastering strategic sourcing, you'll gain a competitive edge in the market, improve supply chain efficiency, and reduce costs. With this course, you'll learn from industry experts and develop a network of peers, opening doors to strategic sourcing career opportunities. Unique features include a focus on data-driven decision-making and collaboration with top-tier companies. Unlock your full potential with strategic sourcing expertise. (6)

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
•
Sourcing Process Improvement
•
Strategic Sourcing Models
•
Supplier Relationship Management
•
Negotiation and Contract Management
•
Supply Chain Risk Management
•
Category Management and Optimization
•
Spend Analysis and Forecasting
•
Procurement Technology and Tools
•
Global Sourcing and Multinational 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)

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 Strategic Sourcing

The MBA with Professional Certificate in Strategic Sourcing is a comprehensive program designed to equip students with the necessary skills and knowledge to excel in procurement and sourcing functions.
This program focuses on developing strategic sourcing capabilities, which are essential for businesses to achieve their goals and objectives.
Through this program, students will learn how to analyze complex procurement problems, develop effective sourcing strategies, and implement them in a real-world setting.
The learning outcomes of this program include the ability to analyze procurement data, develop and implement sourcing strategies, and manage procurement teams.
The duration of this program is typically 12-18 months, depending on the institution and the student's prior experience.
The program is designed to be flexible, allowing students to balance their studies with their work or other commitments.
The industry relevance of this program is high, as strategic sourcing is a critical function in many industries, including manufacturing, retail, and services.
By completing this program, students will be able to apply their knowledge and skills in a real-world setting, making them highly sought after by employers.
The program is also designed to be career-advancing, with many graduates going on to take on senior procurement roles or start their own businesses.
Overall, the MBA with Professional Certificate in Strategic Sourcing is a valuable investment for anyone looking to advance their career in procurement and sourcing.
It provides a unique combination of theoretical knowledge and practical skills, making it an ideal choice for students who want to make a real impact in their organization.
By completing this program, students will be able to develop a deep understanding of strategic sourcing and its role in driving business success.
They will also gain the skills and confidence needed to take on complex procurement challenges and make a positive impact on their organization.
The program is taught by experienced instructors who have a deep understanding of the strategic sourcing function and its applications in different industries.
They will provide students with the support and guidance needed to succeed in the program and achieve their career goals.
Overall, the MBA with Professional Certificate in Strategic Sourcing is a highly regarded program that offers students a unique combination of knowledge, skills, and experience.
It is an excellent choice for anyone looking to advance their career in procurement and sourcing, and make a positive impact on their organization.

Why this course?

Strategic Sourcing is a crucial aspect of modern business, particularly in the UK where companies are under increasing pressure to reduce costs and improve efficiency. According to a survey by the Chartered Institute of Purchasing and Supply (CIPS), 75% of UK businesses believe that procurement and sourcing are critical to their success (Source: CIPS, 2020).
Year Sourcing Spend as a Percentage of Total Spend
2015 55.6%
2016 58.2%
2017 60.5%
2018 62.1%
2019 64.5%
2020 66.2%

Who should enrol in MBA with Professional Certificate in Strategic Sourcing?

Strategic Sourcing Ideal Audience
Professionals seeking to enhance their procurement skills and knowledge in the UK, with a focus on strategic sourcing, are the primary target audience for this MBA with Professional Certificate. Key characteristics include:
- A minimum of 3 years of experience in procurement, supply chain management, or a related field. - A strong understanding of business operations and strategic planning.
- The ability to analyze complex data and make informed decisions. - A commitment to staying up-to-date with industry trends and best practices.
In the UK, the average salary for a procurement manager is around £45,000 per annum, with top performers earning up to £70,000. By acquiring the skills and knowledge required for strategic sourcing, individuals can increase their earning potential and advance their careers in the field.