Executive Certificate in Procurement Planning and Forecasting

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International applicants and their qualifications are accepted

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Overview

Overview

Procurement planning and forecasting is a critical function in any organization, and the Procurement Planning and Forecasting Executive Certificate is designed to equip professionals with the necessary skills to excel in this field.


Developed for procurement professionals, this certificate program focuses on the strategic planning and execution of procurement activities, including demand forecasting, supplier management, and contract negotiation.


Through a combination of online courses and hands-on training, learners will gain a deep understanding of procurement planning and forecasting principles, including data analysis, market research, and risk management.


By the end of the program, learners will be able to develop and implement effective procurement plans, optimize supply chain performance, and drive business growth.


So why wait? Explore the Procurement Planning and Forecasting Executive Certificate today and take the first step towards a successful career in procurement.

Procurement Planning and Forecasting is a strategic approach to managing supply chain operations. This Executive Certificate program equips professionals with the skills to analyze market trends, optimize inventory levels, and make informed purchasing decisions. By mastering procurement planning and forecasting, participants can procurement planning and forecasting effectively, leading to cost savings and improved customer satisfaction. Key benefits include enhanced career prospects, increased earning potential, and a competitive edge in the job market. Unique features of the course include expert-led workshops, real-world case studies, and access to a global network of professionals.

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


Procurement Planning

Procurement Forecasting

Supply Chain Management

Demand Planning

Inventory Management

Cost Estimation

Sourcing Strategies

Procurement Analytics

Contract Management

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

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 Executive Certificate in Procurement Planning and Forecasting

The Executive Certificate in Procurement Planning and Forecasting is a specialized program designed for professionals seeking to enhance their skills in procurement planning and forecasting.
This program is ideal for executives, managers, and procurement professionals who want to improve their ability to plan, forecast, and optimize procurement processes.
By completing this certificate, participants can develop a deeper understanding of procurement planning and forecasting principles, including demand forecasting, supply chain management, and procurement strategy development.
The learning outcomes of this program include the ability to analyze and interpret procurement data, develop effective procurement plans, and implement forecasting models to drive business growth.
The duration of the program varies depending on the institution offering it, but most programs take around 6-12 months to complete.
The program is highly relevant to the retail, manufacturing, and logistics industries, where procurement planning and forecasting are critical to driving business success.
Participants can expect to gain practical knowledge and skills in procurement planning and forecasting, as well as the ability to apply these skills in real-world scenarios.
The Executive Certificate in Procurement Planning and Forecasting is a valuable addition to any professional's skillset, and can be a key differentiator in the job market.
By investing in this program, participants can improve their career prospects and contribute to the success of their organization.

Why this course?

Procurement Planning and Forecasting is a vital function in today's market, particularly in the UK where it plays a significant role in supply chain management. According to a report by the Chartered Institute of Purchasing and Supply (CIPS), the procurement function is responsible for £1.2 trillion of the UK's GDP, making it a critical component of the country's economy.
Year Procurement Spend as a Percentage of GDP
2015 8.4%
2016 8.1%
2017 8.3%
2018 8.2%
2019 8.5%
2020 8.1%

Who should enrol in Executive Certificate in Procurement Planning and Forecasting ?

Procurement Planning and Forecasting Ideal Audience
Procurement professionals, Supply Chain Managers, and Business Analysts Typically hold a degree in a relevant field, such as Business, Logistics, or Supply Chain Management
Have at least 2-3 years of experience in procurement, with a focus on planning and forecasting In the UK, this role is in high demand, with the Chartered Institute of Purchasing and Supply (CIPS) reporting a 10% increase in demand for procurement professionals between 2020 and 2022
Are looking to enhance their skills and knowledge in procurement planning and forecasting to drive business growth and improve supply chain efficiency Will benefit from the Executive Certificate in Procurement Planning and Forecasting, which covers topics such as demand forecasting, supply chain analysis, and procurement strategy development