Undergraduate Certificate in Procurement and Vendor Risk Management

Thursday, 19 February 2026 11:50:18

International applicants and their qualifications are accepted

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Overview

Overview

Procurement

is a critical function in any organization, and the Undergraduate Certificate in Procurement and Vendor Risk Management is designed to equip learners with the necessary skills to excel in this field. This program is ideal for students and professionals looking to enhance their knowledge of procurement principles, practices, and risk management strategies.

Through a combination of theoretical and practical learning, learners will gain a deep understanding of procurement processes, including sourcing, contract management, and vendor evaluation.

They will also develop essential skills in identifying and mitigating vendor risks, ensuring compliance with regulatory requirements, and optimizing procurement operations.

By completing this certificate program, learners will be well-prepared to take on procurement-related roles in various industries, including business, finance, and government.

So, if you're interested in pursuing a career in procurement or enhancing your existing skills, explore this certificate program further and discover how it can help you achieve your goals.

Procurement is a vital function in any organization, and our Undergraduate Certificate in Procurement and Vendor Risk Management will equip you with the skills to excel in this field. This course focuses on teaching you how to manage risks associated with vendors, ensuring that your organization's procurement processes are efficient, effective, and compliant with regulations. By studying procurement and vendor risk management, you'll gain a deep understanding of contract management, supplier evaluation, and negotiation techniques. You'll also develop essential skills in data analysis, risk assessment, and mitigation strategies. Upon completion, you'll be well-positioned for a career in procurement or a related field.

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 Principles and Practices •
Supply Chain Management •
Vendor Risk Management •
Contract Management and Negotiation •
Procurement Law and Regulations •
Procurement Information Systems •
Procurement Analytics and Metrics •
Category Management and Sourcing •
Procurement Ethics and Compliance •
International Procurement and Trade

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 Undergraduate Certificate in Procurement and Vendor Risk Management

The Undergraduate Certificate in Procurement and Vendor Risk Management is a specialized program designed to equip students with the necessary skills and knowledge to succeed in the field of procurement and risk management. This program focuses on teaching students how to identify, assess, and mitigate risks associated with vendors and suppliers, as well as how to develop and implement effective procurement strategies that minimize risk and maximize value for organizations. Upon completion of the program, students will have gained a deep understanding of procurement principles, including contract management, supplier selection, and negotiation techniques. They will also have developed skills in vendor risk management, including risk assessment, mitigation, and monitoring. The program is typically completed over a period of one year, with students taking a combination of online and on-campus courses. The duration of the program can vary depending on the institution and the student's prior experience and qualifications. The Undergraduate Certificate in Procurement and Vendor Risk Management is highly relevant to the current industry landscape, where organizations are increasingly looking for professionals who can manage risk and drive value through effective procurement practices. This program is designed to meet the needs of this growing demand, providing students with the skills and knowledge they need to succeed in this field. Graduates of this program can expect to find employment in a variety of roles, including procurement manager, vendor risk manager, and supply chain analyst. They will also be well-positioned to pursue advanced degrees in fields such as business administration, finance, or international trade. Overall, the Undergraduate Certificate in Procurement and Vendor Risk Management is a valuable program that can provide students with a competitive edge in the job market and set them up for success in a rapidly changing business environment.

Why this course?

Undergraduate Certificate in Procurement and Vendor Risk Management is highly significant in today's market, particularly in the UK. According to a recent survey by the Chartered Institute of Procurement and Supply (CIPS), 75% of UK businesses reported experiencing procurement-related risks in 2022. This highlights the need for effective procurement and vendor risk management strategies.
Year Percentage of Businesses Experiencing Procurement-Related Risks
2020 60%
2021 65%
2022 75%

Who should enrol in Undergraduate Certificate in Procurement and Vendor Risk Management ?

Procurement and Vendor Risk Management Ideal Audience
Recent graduates in business, supply chain, or logistics Individuals seeking a career in procurement, vendor management, or risk assessment
Professionals looking to upskill or reskill in the UK With over 1.3 million jobs in the procurement sector in the UK, this course can help you stand out in a competitive market
Those interested in procurement and supply chain management The UK's National Audit Office estimates that procurement and supply chain issues cost the public sector £32 billion annually
Business owners and entrepreneurs By understanding vendor risk management, you can protect your business from potential losses and ensure long-term success