“Mini” MBA in Procurement

Duration: 5 days

CPD points: 35


Introduction

“Mini” MBA’s are now becoming a very popular element in many Executive Education programs. Sabine Vinck, Associate Dean at London Business School (LBS) recently stated that Mini MBA programmes are designed to help managers grapple with the very latest challenges facing business.

David Weinstein, Associate Dean at the famous Stanford Business School (USA) states that mini MBA’s “Are a great alternative to full time degree programs” Our mini MBA allows “time poor” contract and commercial managers to walk away with skills and knowledge that could otherwise take years to develop.

The content of this course is meant to represent that part of a traditional MBA called an elective subject, which would be part of the MBA program, obviously this course is not a full MBA program

Target Audience

All those who have direct or indirect responsibility for the efficient and effective management of the procurement process, in both the public and private sectors is our target audience

This could include procurement specialist, buyers, senior buyers, procurement managers, commercial managers, those responsible for strategic procurement, finance managers, procurement directors, international buyers, category managers and chief procurement officers

The Mini MBA is also available as an in house bespoke program and can be tailored to suit the needs of the public, private and third sectors.

If you would like to book a place or require more information, then please contact ann@dpss.co.uk

Course Aim

The course is designed enable and empower procurement specialists with the tools, techniques and knowledge to be really confident when dealing with challenging stakeholders and constrained market situations. It will enable procurement specialists to demonstrate add value to the organisation

Accreditation

This course is accredited by the British CPD Standard Office and is worth 35 CPD points

Study Requirements

Offsite Pre-course reading 5 hrs

Classroom Contact 35hrs

Offsite Post course assessment 10 hrs

Assessment

Participants are required to submit for assessment a series of especially designed case studies and assignments. These will be reviewed and discussed during class time and participant are required to then write up and submit their assessments within a reasonable time. These are then assessed by DPSS. Participants that successfully complete all assignments and open book case study examination will be awarded the Accredited Mini MBA in Procurement.

The qualification is worth 35 CPD points

Course Structure

The course is framed around the procurement process:

Learning Outcomes

By the end of the course, participants will be able to:

Develop robust procurement plans, strategies and blueprints

Manage the sourcing process form business need to close out

Engage with key stakeholders and cross functional partners

Understand the concept of CSR and how it affects procurement strategies

Understand the concept of total costs and life cycle costs

Develop robust sourcing strategies

Appreciate the importance of a differentiate approach framed around risk an value

Appreciate the value of category management systems

Appreciate the added value of strategic approach to procurement

Understand the need for early market engagement

Utilize value analysis and value engineering to ensure fit for purpose outcomes

Understand the concepts of quality and conformance to requirements

Understand the international dimensions of procurement

Manage and conduct effective commercial negotiations across a range of commercial scenarios

Understand the need for effective supplier and contractor relationships

Develop appropriate contract terms and conditions

Delivery Methodology

We will adopt a proactive, participative, and participant centred approach with emphasis on the practical application of the knowledge and skills acquired.

As with all of our courses we will utilize am eclectic range of teaching and learning strategies including presentations, discussions, Q&A, DVD, tasks, team work, role plays and simulations. We appreciate the need to ensure that the learning is embedded into the contractual and commercial fabric of the participant’s organisation and we will use case studies and other tasks to achieve this.

Entry Requirements

To benefit from the programme, it would be desirable to have some relevant procurement commercial experience or relevant professional or technical qualification.

Course Duration

5 days

Course Times 09.30 – 16.30

Cost, Dates and Venue

Cost £2450 plus VAT

Fees includes all course materials, course text book, assessments, venue costs and refreshments

All participants are eligible for free access to our range of unique contract and commercial management supporting web apps, each valued at £100 each

Dates: September 2018

Venue:
Woburn House
20-24 Tavistock Square
London WC1H 9HQ

www.woburnhouse.co.uk