Advanced Skill Certificate in Sourcing for New Business Ventures

Tuesday, 09 September 2025 20:39:05

International applicants and their qualifications are accepted

Start Now     Viewbook

Overview

Overview

Sourcing is a critical component of new business ventures, and this Advanced Skill Certificate program is designed to equip learners with the necessary skills to excel in this field.

Developed for professionals looking to enhance their sourcing capabilities, this program focuses on strategic sourcing, supplier management, and negotiation techniques.

Through a combination of theoretical knowledge and practical exercises, learners will gain a deep understanding of the sourcing process and how to apply it in real-world scenarios.

By the end of the program, learners will be able to identify and mitigate risks, build strong relationships with suppliers, and drive cost savings.

Whether you're a seasoned sourcing professional or just starting your career, this Advanced Skill Certificate in Sourcing is an excellent way to take your skills to the next level.

So why wait? Explore this program today and discover how you can become a more effective and efficient sourcer.

Sourcing is the backbone of any successful business venture, and our Advanced Skill Certificate in Sourcing for New Business Ventures will equip you with the expertise to excel in this field. This comprehensive course focuses on developing your skills in strategic sourcing, supplier management, and negotiation techniques. By the end of the program, you'll gain a deep understanding of how to identify and engage with potential suppliers, manage relationships, and drive cost savings. With this certification, you'll enjoy career prospects in industries such as procurement, logistics, and supply chain management. Unique features include interactive case studies and industry expert guest lectures.

Entry requirements

The program operates on an open enrollment basis, and there are no specific entry requirements. Individuals with a genuine interest in the subject matter are welcome to participate.

International applicants and their qualifications are accepted.

Step into a transformative journey at LSIB, where you'll become part of a vibrant community of students from over 157 nationalities.

At LSIB, we are a global family. When you join us, your qualifications are recognized and accepted, making you a valued member of our diverse, internationally connected community.

Course Content

•
• Market Research and Analysis for New Business Ventures •
• Sourcing Strategies for New Products and Services •
• Supplier Selection and Evaluation Criteria •
• Negotiation and Contract Management Skills •
• Procurement Process and Logistics Management •
• Supply Chain Risk Management and Mitigation •
• Sourcing for Emerging Technologies and Trends •
• International Sourcing and Global Supply Chain Management •
• Sourcing for Social and Environmental Responsibility

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 & course fee

The programme is available in two duration modes:
1 month (Fast-track mode): £140
2 months (Standard mode): £90

40% Cheaper

Our course fee is up to 40% cheaper than most universities and colleges.

Start Now

Awarding body

 The programme is awarded by London School of International Business. This program is not intended to replace or serve as an equivalent to obtaining a formal degree or diploma. It should be noted that this course is not accredited by a recognised awarding body or regulated by an authorised institution/ body.

Start Now

  • Start this course anytime from anywhere.
  • 1. Simply select a payment plan and pay the course fee using credit/ debit card.
  • 2. Course starts
  • Start Now
    •

Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about Advanced Skill Certificate in Sourcing for New Business Ventures

The Advanced Skill Certificate in Sourcing for New Business Ventures is a comprehensive program designed to equip individuals with the necessary skills to source high-quality suppliers and build strong relationships with them.
This program focuses on teaching participants how to identify and evaluate potential suppliers, negotiate contracts, and manage supplier relationships effectively.
By the end of the program, participants will be able to apply their knowledge and skills to source suppliers that meet the needs of their new business ventures, thereby driving growth and profitability.
The program covers topics such as supplier selection, contract negotiation, and supplier relationship management, as well as industry-specific sourcing challenges and best practices.
The duration of the program is typically 6-8 weeks, with a mix of online and offline sessions, allowing participants to balance their studies with their work and other commitments.
The program is highly relevant to the sourcing industry, as it provides participants with the skills and knowledge needed to source suppliers that can help businesses grow and succeed in today's competitive market.
The Advanced Skill Certificate in Sourcing for New Business Ventures is a valuable asset for anyone looking to start or grow a new business, as it provides a competitive edge in the market and helps participants to build strong relationships with suppliers.
By completing this program, participants can expect to gain a deeper understanding of the sourcing process, improve their negotiation skills, and develop a network of contacts in the industry.
The program is designed to be flexible and accessible, with a range of delivery options available to suit different learning styles and preferences.
Overall, the Advanced Skill Certificate in Sourcing for New Business Ventures is an excellent choice for anyone looking to develop their sourcing skills and take their business to the next level.

Why this course?

Advanced Skill Certificate in Sourcing is a highly sought-after credential for new business ventures in today's market. According to a recent survey by the Chartered Institute of Purchasing and Supply (CIPS), 75% of UK businesses believe that sourcing skills are essential for their success. Moreover, a report by the Institute of Supply Management (ISM) found that 60% of UK companies are looking to upskill their sourcing teams to stay competitive.
Statistic Percentage
Businesses that believe sourcing skills are essential 75%
UK companies looking to upskill their sourcing teams 60%

Who should enrol in Advanced Skill Certificate in Sourcing for New Business Ventures?

Ideal Audience for Advanced Skill Certificate in Sourcing for New Business Ventures Are you a business owner or entrepreneur looking to expand your operations in the UK? With the UK's outsourcing market valued at £1.2 trillion, sourcing skills are more crucial than ever.
Key Characteristics: You should be a UK-based business owner or entrepreneur with at least 2 years of experience in sourcing or a related field. You should also have a basic understanding of procurement principles and practices.
Industry Affinity: This course is ideal for businesses operating in various sectors, including manufacturing, services, and public sector organizations. In fact, a recent survey by the Chartered Institute of Purchasing and Supply (CIPS) found that 75% of UK businesses outsource at least one function.
Learning Objectives: Upon completing this course, you will gain the skills and knowledge to source suppliers effectively, negotiate contracts, and manage procurement processes. This will enable you to make informed decisions that drive business growth and profitability.