Executive Development Programme in Sourcing Contract Negotiation

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The Executive Development Programme in Sourcing Contract Negotiation is a certificate course designed to enhance the skills of professionals involved in procurement and supply chain management. This programme emphasizes the importance of effective contract negotiation, a critical aspect of sourcing, in ensuring business success.

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AboutThisCourse

In today's competitive industry, there is an increasing demand for professionals who can skillfully negotiate contracts that benefit their organizations. This course equips learners with the necessary skills to understand complex supply chain scenarios, develop negotiation strategies, and manage risks associated with sourcing contracts. By completing this programme, learners will be able to demonstrate a comprehensive understanding of contract negotiation principles, apply these concepts in real-world situations, and communicate more effectively with stakeholders. This will not only enhance their career prospects but also contribute significantly to their organization's bottom line.

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โ€ข Understanding Sourcing and Contract Negotiation: This unit will cover the basics of sourcing and contract negotiation, including the key terms and concepts used in this field. โ€ข Preparing for Contract Negotiations: This unit will focus on how to prepare for contract negotiations, including researching the other party, setting goals, and developing a negotiation strategy. โ€ข Identifying and Managing Risks in Contract Negotiations: This unit will cover how to identify and manage risks in contract negotiations, including legal, financial, and operational risks. โ€ข Communication and Negotiation Techniques: This unit will focus on effective communication and negotiation techniques, including how to build rapport, active listening, and influencing skills. โ€ข Contract Clauses and Negotiation Points: This unit will cover common contract clauses and negotiation points, including payment terms, indemnification, liability, and dispute resolution. โ€ข Understanding the Legal Aspects of Contract Negotiations: This unit will cover the legal aspects of contract negotiations, including contract law, intellectual property, and compliance. โ€ข Leveraging Data and Analytics in Contract Negotiations: This unit will focus on how to use data and analytics to inform contract negotiations and make data-driven decisions. โ€ข Best Practices in Contract Management: This unit will cover best practices in contract management, including monitoring contract performance, managing changes, and ensuring compliance. โ€ข Advanced Contract Negotiation Strategies: This unit will focus on advanced contract negotiation strategies, including how to handle difficult negotiations, negotiating in a crisis, and cross-cultural negotiations.

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  • BasicUnderstandingSubject
  • ProficiencyEnglish
  • ComputerInternetAccess
  • BasicComputerSkills
  • DedicationCompleteCourse

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FastTrack GBP £140
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AcceleratedLearningPath
  • ThreeFourHoursPerWeek
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StandardMode GBP £90
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  • TwoThreeHoursPerWeek
  • RegularCertificateDelivery
  • OpenEnrollmentStartAnytime
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EXECUTIVE DEVELOPMENT PROGRAMME IN SOURCING CONTRACT NEGOTIATION
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London School of International Business (LSIB)
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05 May 2025
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