Certificate in Procurement Risk and Supplier Relationship Management

Wednesday, 18 February 2026 11:41:37

International applicants and their qualifications are accepted

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Overview

Overview

Procurement Risk and Supplier Relationship Management

is a Certificate program designed for professionals seeking to enhance their skills in managing supplier relationships and mitigating risks in procurement processes.
Some key aspects of this program include: understanding procurement risks, developing effective supplier relationship management strategies, and implementing best practices for contract management and negotiation.
By completing this Certificate, learners will gain a comprehensive understanding of how to identify, assess, and mitigate procurement risks, as well as build strong relationships with suppliers to drive business success.
Whether you're looking to advance your career or improve your organization's procurement processes, this Certificate is an excellent choice. Explore the details of this program and discover how it can help you achieve your goals.

Procurement professionals can elevate their careers with the Certificate in Procurement Risk and Supplier Relationship Management, offering a comprehensive understanding of risk management and supplier relationship strategies. This course provides key benefits, including enhanced risk assessment skills, improved supplier management, and better contract negotiation techniques. Upon completion, graduates can expect career prospects in procurement, supply chain management, and business development. Unique features include interactive case studies, expert guest lectures, and a focus on industry-specific best practices. By mastering procurement risk and supplier relationship management, learners can drive business growth and success.

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

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Procurement Risk Management •
Supplier Relationship Management •
Contract Management •
Supply Chain Risk Assessment •
Supplier Performance Evaluation •
Risk Mitigation Strategies •
Contract Negotiation •
Supply Chain Governance •
Compliance and Regulatory Issues •
Procurement Process Improvement

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.

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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.

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  • Start this course anytime from anywhere.
  • 1. Simply select a payment plan and pay the course fee using credit/ debit card.
  • 2. Course starts
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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 Certificate in Procurement Risk and Supplier Relationship Management

The Certificate in Procurement Risk and Supplier Relationship Management is a specialized program designed to equip professionals with the knowledge and skills necessary to effectively manage procurement risks and build strong supplier relationships. This certificate program typically takes around 6-12 months to complete, depending on the institution offering it and the individual's prior experience and dedication.
Throughout the program, learners will gain a comprehensive understanding of procurement risk management, including risk assessment, mitigation, and monitoring.
They will also learn how to develop and implement effective supplier relationship management strategies, including contract management, performance monitoring, and dispute resolution.
The program covers a range of topics, including procurement law and regulations, supplier selection and evaluation, contract management, and risk management.
Industry relevance is high, as procurement risk and supplier relationship management are critical components of any organization's supply chain management strategy.
By completing this certificate program, learners can enhance their career prospects and contribute to the success of their organizations in a rapidly changing business environment.
The program is relevant to professionals working in procurement, supply chain management, and related fields, including purchasing managers, procurement managers, and supply chain managers.
It is also beneficial for those looking to transition into these roles or advance their careers within their current organizations.
The certificate is recognized globally and can be applied in various industries, including manufacturing, construction, and services.
Upon completion, learners will receive a recognized certificate that demonstrates their expertise in procurement risk and supplier relationship management.

Why this course?

Certificate in Procurement Risk and Supplier Relationship Management: A Crucial Component in Today’s Market In the UK, the procurement industry is undergoing significant changes, driven by the need for more efficient and effective supply chain management. The Certificate in Procurement Risk and Supplier Relationship Management is a valuable qualification that equips learners with the skills and knowledge required to navigate these challenges. According to a recent survey by the Chartered Institute of Procurement and Supply (CIPS), 75% of UK businesses believe that supplier relationship management is critical to their success (Source: CIPS, 2022). Procurement Risk Management: A Growing Concern Procurement risk management is a critical aspect of supplier relationship management. A recent study by the Association for Supply Chain Management (ASCM) found that 60% of UK businesses experience supply chain disruptions, resulting in significant financial losses (Source: ASCM, 2020). Supplier Relationship Management: A Key to Success Effective supplier relationship management is essential for building trust and loyalty with suppliers. A survey by the CIPS found that 80% of UK businesses believe that strong supplier relationships are critical to their success (Source: CIPS, 2022).
Statistic Percentage
Businesses experiencing supply chain disruptions 60%
Importance of supplier relationship management 80%
Businesses believing procurement risk management is critical 75%

Who should enrol in Certificate in Procurement Risk and Supplier Relationship Management?

Ideal Audience for Certificate in Procurement Risk and Supplier Relationship Management Procurement professionals, particularly those in mid-to-senior roles, who are responsible for managing supplier relationships and mitigating risks in the UK's £2.2 trillion procurement market.
Key Characteristics: Typically have 2-10 years of experience in procurement, possess strong analytical and communication skills, and are familiar with UK procurement regulations, such as the Public Contracts Regulations 2015.
Career Benefits: Upon completion of the certificate, learners can expect to enhance their career prospects, increase their earning potential, and demonstrate their expertise in procurement risk management and supplier relationship management to UK-based organizations.
Learning Outcomes: Learners will gain knowledge of procurement risk management strategies, supplier relationship management techniques, and industry best practices, enabling them to make informed decisions and drive business growth in the UK's dynamic procurement landscape.