Postgraduate Certificate in Procurement Risk Management

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International applicants and their qualifications are accepted

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Overview

Overview

Procurement Risk Management

is a specialized field that helps organizations mitigate potential threats and ensure compliance with regulations. This postgraduate certificate is designed for procurement professionals and supply chain managers who want to enhance their skills in identifying, assessing, and managing risks.

By completing this program, learners will gain a deeper understanding of risk management principles, including risk identification, risk assessment, and risk mitigation strategies.


Some key topics covered in the course include:


Contract Management, Supply Chain Resilience, and Compliance and Governance.

Throughout the program, learners will develop practical skills in analyzing complex scenarios, creating risk management plans, and implementing effective mitigation strategies.


Whether you're looking to advance your career or start a new role, this postgraduate certificate in Procurement Risk Management can help you achieve your goals.


So why wait? Explore this exciting opportunity today and take the first step towards becoming a risk management expert in the procurement field.

Procurement professionals seeking to elevate their careers can benefit from the Postgraduate Certificate in Procurement Risk Management. This course equips learners with the skills to identify, assess, and mitigate risks in procurement processes, ensuring organizations minimize losses and maximize returns. By mastering procurement risk management, graduates can procurement professionals can drive business growth, improve supply chain resilience, and enhance their professional reputation. Unique features of the course include expert-led modules, real-world case studies, and a focus on industry-specific regulations. Graduates can expect procurement career opportunities in various sectors, including finance, construction, and energy.

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 Risk Management Framework
•
Supply Chain Risk Assessment and Mitigation
•
Contract Management and Negotiation Strategies
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Supplier Relationship Management and Performance Evaluation
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Risk-Based Sourcing and Procurement Decisions
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Compliance and Regulatory Frameworks in Procurement
•
Procurement Data Analytics and Reporting
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Business Continuity Planning and Crisis Management
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Ethical and Social Responsibility in Procurement
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Strategic Sourcing and Procurement Planning

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 Postgraduate Certificate in Procurement Risk Management

The Postgraduate Certificate in Procurement Risk Management is a specialized program designed to equip students with the knowledge and skills necessary to identify, assess, and mitigate risks in procurement processes.
This program is ideal for professionals working in procurement, supply chain management, or related fields who want to enhance their expertise in risk management.
Upon completion of the program, students can expect to gain a deeper understanding of procurement risk management principles, including risk identification, assessment, and mitigation strategies.
The learning outcomes of the program include the ability to analyze complex procurement risks, develop effective risk management plans, and implement controls to minimize risk exposure.
The duration of the program varies depending on the institution and the mode of study, but it typically takes one to two years to complete.
The Postgraduate Certificate in Procurement Risk Management is highly relevant to the industry, as organizations are increasingly recognizing the importance of risk management in procurement processes.
By acquiring the skills and knowledge necessary to manage procurement risks, students can contribute to the development of more resilient and sustainable supply chains.
The program is also beneficial for those looking to advance their careers in procurement, as it demonstrates a commitment to professional development and expertise in risk management.
Overall, the Postgraduate Certificate in Procurement Risk Management is a valuable investment for individuals seeking to enhance their careers in procurement and supply chain management.

Why this course?

Procurement Risk Management is a vital aspect of modern business operations, particularly in the UK. According to a recent survey by the Chartered Institute of Procurement and Supply (CIPS), 75% of procurement professionals in the UK reported experiencing supply chain disruptions in 2022, resulting in significant financial losses. To mitigate such risks, many organizations are turning to postgraduate certificate programs in procurement risk management.
Risk Type Frequency
Supply Chain Disruptions 75%
Non-Conformance 20%
Financial Losses 15%

Who should enrol in Postgraduate Certificate in Procurement Risk Management?

Ideal Audience for Postgraduate Certificate in Procurement Risk Management Procurement professionals, particularly those in senior roles, looking to enhance their skills in risk management and strategic procurement, are the primary target audience for this postgraduate certificate.
Key Characteristics: Typically hold a bachelor's degree in a relevant field, with at least 3-5 years of experience in procurement or a related field, and have a strong understanding of procurement principles, laws, and regulations in the UK.
Industry Focus: The postgraduate certificate in procurement risk management is particularly relevant to industries such as construction, oil and gas, and public sector, where procurement decisions have significant financial and reputational implications.
Career Benefits: Graduates of this postgraduate certificate can expect to enhance their career prospects, increase their earning potential, and take on more senior roles in procurement, such as Head of Procurement or Director of Supply Chain Management.
UK-Specific Statistics: According to a report by the Chartered Institute of Purchasing and Supply (CIPS), the average salary for a procurement manager in the UK is £55,000 per annum, with senior roles commanding salaries up to £90,000 per annum.