MBA with Professional Certificate in Strategic Sourcing Trends

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MBA with Professional Certificate in Strategic Sourcing Trends

Overview

Strategic Sourcing Trends

is designed for procurement professionals seeking to stay ahead in the industry. This MBA with Professional Certificate program focuses on developing essential skills in sourcing, procurement, and supply chain management.
Some of the key topics covered include market analysis, supplier relationship management, and procurement strategy development. The program also explores the impact of emerging trends such as digitalization, sustainability, and globalization on the procurement function.
By completing this program, learners will gain a deeper understanding of the complexities of strategic sourcing and be equipped to drive business growth through effective procurement practices.
Explore the program and discover how you can enhance your career prospects in strategic sourcing and procurement.

Strategic Sourcing Trends is a game-changing MBA program that equips you with the skills to navigate the ever-evolving landscape of procurement and sourcing. By combining rigorous business education with a professional certificate, you'll gain a competitive edge in the job market. Key benefits include cost reduction and process optimization, while career prospects are vast, with opportunities in procurement management and supply chain leadership. Unique features of the course include real-world case studies and industry expert insights, ensuring you're equipped to tackle complex sourcing challenges. (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

•
• Strategic Sourcing Trends and Best Practices •
• Supply Chain Management and Logistics •
• Procurement Strategy and Planning •
• Sourcing and Procurement Analytics •
• Negotiation and Contract Management •
• Global Sourcing and International Procurement •
• Sustainable and Responsible Sourcing •
• Digital Transformation in Sourcing and Procurement •
• Risk Management and Compliance in 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 Strategic Sourcing Trends

The MBA with Professional Certificate in Strategic Sourcing Trends is a comprehensive program designed to equip students with the knowledge and skills required to navigate the complexities of modern procurement and sourcing practices.
This program focuses on the latest trends and best practices in strategic sourcing, including supply chain management, procurement strategy, and category management.
Through a combination of coursework, case studies, and industry projects, students will develop a deep understanding of the strategic sourcing landscape and learn how to apply this knowledge in real-world settings.
The program's learning outcomes include the ability to analyze complex procurement problems, develop effective sourcing strategies, and implement sustainable procurement practices that drive business value.
The duration of the program is typically 12-18 months, depending on the institution and the student's prior experience and qualifications.
The program is highly relevant to the industry, as companies are increasingly looking for professionals who can drive strategic sourcing initiatives and improve their procurement operations.
The MBA with Professional Certificate in Strategic Sourcing Trends is designed to be completed in conjunction with an MBA degree, but it can also be taken as a standalone certification program.
This program is ideal for professionals who want to advance their careers in procurement and sourcing, or for those who are new to the field and want to gain a deeper understanding of strategic sourcing practices.
The program's industry relevance is further enhanced by the fact that it is taught by experienced practitioners and industry experts who bring real-world knowledge and experience to the classroom.
Upon completion of the program, graduates will be equipped with the skills and knowledge required to drive strategic sourcing initiatives and improve their organization's procurement operations.
The program's focus on strategic sourcing trends and best practices makes it an ideal choice for professionals who want to stay ahead of the curve in this rapidly evolving field.
The MBA with Professional Certificate in Strategic Sourcing Trends is a valuable addition to any MBA program, and it can also be taken as a standalone certification program for professionals who want to gain a deeper understanding of strategic sourcing practices.

Why this course?

Strategic Sourcing Trends are crucial in today's market, with the UK's procurement industry valued at £1.3 trillion (Source: IFS 2020). To stay ahead, professionals need a solid understanding of the latest trends and best practices. An MBA with a Professional Certificate in Strategic Sourcing can provide the necessary skills and knowledge to navigate this complex landscape.
Trend UK Statistics
Digital Transformation 80% of procurement teams are using digital tools (Source: IFS 2020)
Sustainable Sourcing 70% of UK businesses prioritize sustainability in procurement (Source: SustainAbility 2020)
Artificial Intelligence 40% of procurement teams are using AI-powered tools (Source: IFS 2020)

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

Strategic Sourcing Trends Ideal Audience
Professionals seeking to enhance their procurement skills and stay ahead in the UK job market, where 70% of companies are looking to outsource more contracts, according to a recent survey by the Chartered Institute of Purchasing and Supply. Typically hold a bachelor's degree in a related field, such as business, supply chain management, or logistics, and have at least 2-3 years of experience in procurement or a related field.
Individuals interested in learning about the latest trends and best practices in strategic sourcing, including digital transformation, artificial intelligence, and data analytics, to drive business growth and improve supply chain efficiency. Professionals working in industries such as manufacturing, retail, and services, who want to develop their skills in sourcing, procurement, and supply chain management to remain competitive in the UK market.
Those looking to advance their careers in strategic sourcing, and gain a competitive edge in the job market, with a growing demand for professionals with expertise in strategic sourcing and procurement. Individuals who want to develop a deeper understanding of strategic sourcing trends, and how to apply them to drive business success, with a focus on practical skills and knowledge.