Global Certificate in Procurement: Strategic Sourcing & Contracts
-- ViewingNowThe Global Certificate in Procurement: Strategic Sourcing & Contracts is a comprehensive course designed to empower learners with the necessary skills to excel in procurement and supply chain management. This course emphasizes the importance of strategic sourcing and contract management in achieving business objectives and reducing costs.
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⢠Strategic Sourcing and Category Management: Understanding the procurement process, identifying categories, and creating strategic sourcing strategies.
⢠Contract Development and Management: Developing contracts, understanding legal terms, and managing contractual relationships.
⢠Supplier Relationship Management: Building and managing relationships with suppliers to maximize value and minimize risk.
⢠Procurement Technology and Systems: Utilizing technology and systems to streamline procurement processes, including e-sourcing, e-procurement, and supplier management systems.
⢠Cost and Financial Management: Understanding cost structures, financial management, and negotiation techniques to optimize procurement spend.
⢠Risk Management in Procurement: Identifying and mitigating risks in the procurement process, including supply chain disruptions, compliance risks, and financial risks.
⢠Global Procurement and Cultural Awareness: Understanding the complexities of global procurement and developing cultural awareness to effectively work with international suppliers.
⢠Procurement Ethics and Compliance: Understanding ethical considerations, compliance requirements, and regulations in procurement.
⢠Sustainable Procurement Practices: Incorporating sustainability into procurement practices, including environmental, social, and governance (ESG) considerations.
Note: The above list of units is not exhaustive and can vary based on the specific needs and goals of the certification program. Other potential units could include topics such as change management, stakeholder management, innovation in procurement, and more.
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