Procurement Strategy and Selecting the Right Approach
Procurement Strategy and Selecting the Right Approach CPD Programme
2 formal CPD hours,
Total Course Fee: £29 per year
Introduction
Within any business, implementation of a solid procurement strategy is essential for success. A procurement strategy is an important process that needs to align with your corporate strategy. There are a total six key values that make up a successful business strategy. You need to be aware of, and focus on your business vision, performance metrics and your procurement capabilities. In addition to that you want to consider stakeholder engagement, business context and a plan of action. This CPD course in Procurement Strategy and Selecting the Right Approach has been created to help you successfully navigate this vital career path.
Within this CPD course you will go through the six key values that make up a procurement strategy. In addition to this, you will also learn more about the skills required to execute a procurement strategy and select the right approach. You will increase your comprehension regarding how you can support the business objectives and discover more about how business direction can affect your practice. Furthermore, you will spend time analysing how you can ensure that actions taken with the operations work in line with procurement to towards the overall goal of the business.
CPD Hours
When it comes to strategic thinking within business, it’s important to maintain an understanding of current trends and practices. One of the best ways of keeping up with current and new ideas is through CPD courses. CPD courses are an essential resource for anyone who is looking to improve their practice and understanding. Stay ahead of the competition and enhance your capabilities with an online CPD course and watch your prospects grow.
This CPD course has been designed to give you a clearer understanding of Procurement Strategy and how you can select the right approach to suit your business needs. You will cover the basics of creating a strategy, the main key values involved and how you can implement each of these in a practical environment. CPD courses are a fantastic opportunity for anyone who is looking to expand their skills without having to commit to a long-term course. In addition to the numerous personal benefits CPD’s offer you, they also bring professional opportunities. Further to the growth you can achieve in your profession, you also have the chance to join professional memberships. Most, if not all professional bodies require the study of CPD hours.
These courses, at the College of Contract Management, are accessible, affordable, and easy to complete. This course counts towards the total expectation required for membership. Once enrolled you will be granted access to our student portal, Moodle, where you can access all course resources. This CPD course offers you certification without assessment.
Successful outcomes
Finally, by the end of this course you will:
- Gain certification without assessment
- Get access to your own student login on our Moodle portal
- Increase your comprehension
- Further your understanding of the skills required for successful procurement strategies
- Understand vision, performance metrics, procurement capabilities, stakeholder engagement, business content and plan of action.
- Comprehend the four main roles of procurement strategies
- Align services with financial goals and objects