The Certificate Program in Procurement is a foundational education program designed to help both novice and experienced supply chain professionals expand their knowledge and skills in Procurement.
The program provides an overview of procurement fundamentals, sourcing strategies, supplier relationship management, negotiations, evaluation metrics and more.
With a Certificate Program in Procurement you will be better equipped to develop a strategic sourcing strategy, establish effective procurement policies, effectively qualify supplier capabilities and select optimal suppliers.
In the Procurement profession, a certification gives you the added advantage of being preferred by employers over your non-certified peers. Whether you are just starting your career or looking to move on to your next job, the advantages and benefits of having a Certificate Program in Procurement are varied.
There are Universities and colleges that provide this Certificate Program for free or with scholarship or student loan options. Courses leading to a Free Certificate Program in Procurement usually teach students how to find suppliers and negotiate with them, as well as the payment terms of the facility and make purchases of goods.
What is a Certificate Program in Procurement ?
A Certificate Program in Procurement is one of the most recommended certifications for companies working in the supply chain industry. Especially for areas such as strategic sourcing, where you will be required to manage billions worth of products and services, including direct and indirect materials and services.
The content of the Certificate Program in Procurement is selected by industry experts from around the world and is specifically designed for Sourcing professionals to enable them to create and execute procurement strategies and programs.
The high-level learning objectives of the Certificate Program in Procurement are to innovate for new savings, risk management and digitization, create digital procurement strategies for business, explore the latest digital sourcing trends and their application.
With a Certificate Program in Procurement you will learn about Introduction to Public Procurement (including management concepts and techniques; Public Procurement Operations; and Public Procurement and Good Governance, among others.
There are several benefits that could come with a Certificate Program in Procurement. Organizational and negotiation skills will often improve job performance, making certificate holders more efficient and possibly more valuable to their employers. With a Certificate Program in Procurement you will have a strategic role in procurement and new strategy in the new normal.
Program, Subjects and Contents of the Certificate Program in Procurement
These are some of the topics that may be included in the program content of a Diploma in Procurement:
- From purchasing to procurement
- Procurement basics
- From purchasing to procurement
- Purchasing as an integral part of supply chain management
- Procured materials and supplies
- Procured services
- Tactical and Strategic
- Tactical purchasing objectives
- Tactical purchasing
- Purchasing functions
- Tactical and Strategic
- Tactical versus strategic sourcing
- Organizational design considerations
- Centralized versus decentralized
- Various functions within purchasing
- Purchasing cycle
- The 7 steps of the purchasing cycle
How Long Does a Certificate Program in Procurement Last ?
A Certificate Program in Procurement can last between 4 to 10 months, it can last between 4 to 10 months, maximum one year, depending on the academic hours taken, in general it can be between 120 to 280 hours. Usually, this type of course is offered by universities and some institutes.
Certificate Programs are usually shorter than other types of degree programs, which may mean they cost less. However, keep in mind that times vary from school to school.
Where Can I Work with a Certificate Program in Procurement ?
Those with procurement skills often end up working within a company’s supply chain. They may work as negotiators or managers, or they may be part of a team that is responsible for communicating with a company’s suppliers.
Countries and Cities Where You Can Study the Certificate Program in Procurement for Free by Obtaining a Study Grant
- Singapore
- United States
- South Korea
- United Kingdom
- Australia
Institutes, Centers and Universities Where the Certificate Program in Procurement is Possibly Taught for Free, through Study Scholarships
Certified Procurement Professional
- Global Skills Development Council
- Pasir Panjang, Singapore.
Certificate in Supply Chain Procurement
- Association for Supply Chain Management
- Illinois, USA.
Diploma in Global Procurement
- Korea Advanced Institute of Science and Technology (KAIST), Daejeon, South Korea.
- Daejeon, South Korea.
Diploma in Procurement and Tendering Strategies
- Coventry University
- England, United Kingdom.
Post Graduate Diploma in Business (Supply Chain Management)
- Victoria University
- Victoria, Australia.
Certificate Program in Procurement Referential Prices
The prices of the Certificate Program in Procurement can be varied. Prices range from $3,660 to $35,830 per year. In some cases it can have a higher cost. The cost of this Certificate Program will vary according to the country where it is given, the institution or university that gives the Diploma, the modality, the duration and the materials provided during the study, among other factors.
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