Postgraduate Certificate in Procurement Bench-marking

Friday, 13 February 2026 08:13:56

International applicants and their qualifications are accepted

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Overview

Overview

Procurement Benchmarking

is a strategic approach to measuring and improving procurement practices. It helps organizations to identify areas of inefficiency and implement best practices, leading to cost savings and enhanced supplier relationships. Some of the key benefits of Procurement Benchmarking include: improved procurement processes, enhanced supplier management, and increased transparency. By taking a benchmarking approach, procurement teams can gain a competitive edge and drive business growth. This Postgraduate Certificate in Procurement Benchmarking is designed for experienced procurement professionals who want to develop their skills in this area. The program covers topics such as benchmarking methodologies, data analysis, and best practice implementation. It also explores the role of technology in procurement benchmarking and how to leverage data to drive business decisions. If you're looking to take your procurement career to the next level, explore this Postgraduate Certificate in Procurement Benchmarking and discover how to drive business success through data-driven decision making.

Procurement professionals seeking to enhance their skills and knowledge can benefit from the Postgraduate Certificate in Procurement Bench-marking. This course offers benchmarking expertise, enabling students to analyze and improve their organization's procurement processes. By studying procurement best practices, students can benchmark their own performance and make data-driven decisions. The course also covers contract management, supplier development, and procurement strategy. Graduates can expect career opportunities in senior procurement roles, with average salaries ranging from £50,000 to £80,000. Unique features include access to industry experts and a network of like-minded 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 Benchmarking Frameworks •
Supply Chain Performance Measurement •
Procurement Process Improvement •
Cost-Benefit Analysis in Procurement •
Value for Money in Procurement •
Procurement Benchmarking Tools •
Strategic Sourcing Techniques •
Procurement Risk Management •
Procurement Process Mapping •
Performance Metrics for 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 & 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

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+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about Postgraduate Certificate in Procurement Bench-marking

The Postgraduate Certificate in Procurement Bench-marking is a specialized program designed to equip students with the knowledge and skills required to excel in procurement management.
This program focuses on teaching students how to analyze and improve procurement processes, ensuring that organizations achieve optimal value for money.
Through a combination of theoretical and practical learning, students will gain a deep understanding of procurement best practices, including sourcing, contract management, and supplier development.
Upon completion of the program, students will be able to apply their knowledge to drive business growth and improve organizational performance.
The duration of the Postgraduate Certificate in Procurement Bench-marking is typically one year full-time or two years part-time, allowing students to balance their studies with work commitments.
The program is highly relevant to the industry, as procurement professionals are in high demand across various sectors, including manufacturing, construction, and public services.
By gaining a Postgraduate Certificate in Procurement Bench-marking, students can enhance their career prospects and take on more senior roles in procurement management.
The program is also designed to be flexible, with online and distance learning options available to accommodate different learning styles and preferences.
Overall, the Postgraduate Certificate in Procurement Bench-marking is an excellent choice for individuals looking to advance their careers in procurement management and make a meaningful impact on their organizations.

Why this course?

Procurement Benchmarking is a crucial aspect of procurement in today's market, particularly in the UK. According to a report by the Chartered Institute of Procurement and Supply (CIPS), the average procurement spend in the UK was £1.4 trillion in 2020, with the sector employing over 2.5 million people. To stay competitive, organizations need to optimize their procurement processes, which is where procurement benchmarking comes in.
Year Procurement Spend (£trillion)
2015 1.1
2016 1.2
2017 1.3
2018 1.4
2019 1.5
2020 1.6

Who should enrol in Postgraduate Certificate in Procurement Bench-marking?

Ideal Audience for Postgraduate Certificate in Procurement Bench-marking Procurement professionals, Supply Chain Managers, and Business Development Directors in the UK
Key Characteristics: Typically hold a degree in a related field, have 3+ years of experience in procurement or a related function, and are looking to enhance their skills and knowledge in procurement benchmarking.
Career Goals: To develop expertise in procurement benchmarking, improve procurement processes, and increase efficiency, ultimately contributing to the success of their organization.
Industry Insights: The UK's procurement industry is worth £1.2 trillion, with 75% of businesses using procurement as a key driver for growth. By acquiring this postgraduate certificate, individuals can stay ahead of the curve and make informed decisions to drive business success.