Postgraduate Certificate in Strategic Negotiation in Hospitality Procurement
-- ViewingNowThe Postgraduate Certificate in Strategic Negotiation in Hospitality Procurement is a comprehensive course designed to empower hospitality professionals with critical skills in negotiation and procurement. This program emphasizes the importance of effective communication, strategic planning, and financial acumen in the complex world of hospitality supply chain management.
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⢠Strategic Sourcing and Supplier Management: Understanding the principles of strategic sourcing, supplier segmentation, and performance measurement in the context of hospitality procurement.
⢠Negotiation Theory and Practice: Exploring the theoretical foundations of negotiation, including distributive and integrative bargaining, and applying these concepts to real-world scenarios.
⢠Contract Management and Risk Mitigation: Learning the best practices for contract drafting, execution, and management, as well as strategies for mitigating risk in hospitality procurement contracts.
⢠Financial and Data Analysis for Procurement: Developing the skills to analyze financial data and evaluate the financial impact of procurement decisions.
⢠Sustainable Procurement Practices: Examining the role of sustainability in hospitality procurement, including environmental, social, and economic considerations.
⢠Procurement Technology and Digital Transformation: Understanding the impact of technology on hospitality procurement, including the use of e-procurement systems, big data, and artificial intelligence.
⢠Global Procurement and Cultural Intelligence: Exploring the challenges and opportunities associated with global procurement, with a focus on building cultural intelligence and effective communication skills.
⢠Ethics and Compliance in Procurement: Examining the ethical considerations and legal requirements that impact hospitality procurement, including anti-corruption regulations and supplier diversity.
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