Design and manage successful procurement strategies.

Effective procurement management is an essential element of creating competitive advantage in organisations. Procurement specialists need to develop and implement sourcing strategies and understand how to build collaborative supplier relationships. By influencing pricing and employing appropriate negotiation tactics they create value and efficiencies aligned with their organisation’s objectives.

The Strategic Procurement online course examines the design, management and negotiation of procurement contracts between buyers and suppliers. Taking a life-cycle perspective of inter-organisational relationships, you will gain practical insights on how to customise commercial contracts based on buyer-supplier segmentation strategies. Offering the opportunity to apply the procurement knowledge gained to specific scenarios, this online course provides actionable learning that can be adapted for your own organisation.

Programme information – Online

  • DurationApproximately 20-24 hours of study, plus reflection activities
  • LocationOnline
  • Cost£950

Module dates

Modules 1 and 2

Immediate online access to self-paced learning.

Module 3

Next live online sessions: 23 June and 30 June 2025 (9:00 - 14:00)

Please note: both Module 3 dates must be attended. Bookings will automatically be enrolled on the next available live online session.  The option to change to a later date is available after booking is completed.

Concessions available

Cranfield alumni can claim a 20% discount via this link.

Who is this for?

Anyone wishing to learn more about procurement processes and contract negotiation.

Programme impacts

Develop skills and knowledge to be able to positively impact on procurement strategies, including:

  • Stronger supplier relationships benefitting all stakeholders.
  • Enhanced negotiation outcomes, minimising disruptions and maximising value.
  • Improved organisational efficiency through refined strategies, processing and sourcing decisions.
  • Robust negotiation and dispute resolution strategies that create value and ensure business continuity.

Programme structure

This course includes 3 modules:

  • Modules 1 and 2 are online and self-paced, so you choose where and when you learn.
  • Module 3 is live online with peers and Cranfield faculty to embed your knowledge and learnings.

What you'll learn

 

Module one – Contract management tools, techniques and frameworks

Module two – Strategic procurement process, structure and relationships

Module three – Governance, negotiation and dispute resolution

Digital Badges and Certificate

On completion of each module, you will be issued with a digital badge that can be displayed on your professional profiles, serving as compelling evidence of your expertise and commitment to staying at the forefront of business and management knowledge.

On successful submission of the final assignment you will receive a certificate of achievement.

Programme Director

Dr Farooq Habib

How to apply

Next steps

Our team of executive development experts will be happy to talk to you about your development needs, please email us or call +44 (0)1234 754500.

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