Certificate in Procurement Best Practice

Course Overview

Procurement is a strategic function tasked with improving an organisation’s profitability. It does this by driving cost savings and adding business value, whilst typically being responsible for spending more than 60% of an organisation’s revenue.

The key question asked of procurement though, is, does it deliver? Does it act like the strategic function it is empowered to be? Does procurement earn and deserve its place on the top table? Research shows procurement can and does deliver, but only when procurement teams and professionals apply procurement best practices.

Benefits Of Attending

• Significantly increase cost savings using best practice procurement
• Create value for your stakeholders, turning them into supportive business partners
• Play a strategic role in your organisation by developing and implementing procurement strategies
• Consistently deliver the best value to your business through efficient supplier relationships

Learning Objectives

• Understand the role and importance of procurement: Learn about the strategic function of procurement and its impact on an organization's profitability. Explore how procurement drives cost savings and adds business value.
• Familiarize with procurement best practices: Gain knowledge of the various procurement best practices, including sourcing strategies, supplier management techniques, contract negotiation approaches, and risk management methodologies.

Who Should Attend

This course will greatly benefit you if you are a procurement professional:

• With tough savings targets and/or high business demands
• Looking to accelerate your development and career progression
• Who is an experienced, senior practitioner wishing to update or refresh your procurement knowledge and skills and support your team in becoming more strategic and effective

Certification Criteria

You must meet two criteria to be eligible for an Informa Connect Academy Certificate of Completion:

• Satisfactory attendance: You must attend all sessions of the course. If, for any reason, you miss more than 2 hours of the course sessions, you will not be eligible to sit the course assessment
• Successful completion of the course assessment: Assessments will be ongoing and based on in-class participation and activities

Delivered by Sean

Sean is a leading procurement expert, with 25 years of experience in training, speaking, and leading international teams.

Certified by CPD UK

The CPD Certification Service is an independent accreditation centre working across all sectors, disciplines and further learning applications and supports policies of institutional and professional organisations globally.

Run this course in-house

Informa Connect Academy’s customised training solutions have helped organisations deliver tailored learning in different languages to suit every requirement