Undergraduate Certificate in Strategic Sourcing Procurement
-- ViewingNowThe Undergraduate Certificate in Strategic Sourcing & Procurement is a career-boosting course that equips learners with essential skills for success in procurement and supply chain management. This certificate program is designed to empower learners with the latest strategies and techniques in strategic sourcing, procurement, and supply chain management, enabling them to drive cost savings, reduce risk, and improve supplier relationships.
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⢠Introduction to Strategic Sourcing and Procurement: Understanding the fundamentals of strategic sourcing and procurement, including key concepts, principles, and best practices.
⢠Supply Market Analysis: Identifying and evaluating potential suppliers, assessing market trends, and determining the optimal supply base.
⢠Contract Management: Developing, negotiating, and managing contracts with suppliers, ensuring compliance, and mitigating risks.
⢠Category Management: Defining and managing categories of spend, developing category strategies, and optimizing the supply base.
⢠Procurement Technology: Utilizing technology solutions to streamline procurement processes, improve efficiency, and enhance data analysis capabilities.
⢠Sustainable and Socially Responsible Sourcing: Incorporating sustainability and social responsibility considerations into sourcing and procurement decisions, and promoting ethical and environmentally friendly practices.
⢠Procurement Finance and Cost Management: Understanding financial concepts relevant to procurement, including budgeting, forecasting, and cost management.
⢠Procurement Risk Management: Identifying, assessing, and mitigating risks in the sourcing and procurement process.
⢠Supplier Relationship Management: Building and maintaining effective relationships with suppliers, fostering collaboration, and driving continuous improvement.
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