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Unlock a world of opportunities and navigate the ever-evolving complexities of global businesses with the Postgraduate Diploma in Procurement and Contract Management at Westford University College.
About Postgraduate Diploma in Procurement & Contract Management
A solid grasp of procurement and contract fundamentals, along with an awareness of global procurement strategies and their advantages for enterprises, is essential for any Procurement Manager. This comprehensive course equips you with the knowledge and skills to adeptly oversee the entire procurement and contract management process, from inception to final outcomes. Our program delves deep into this field, covering key components, foundational principles, best practices, thorough analysis, and a blend of both theoretical and practical approaches.
Key Learnings of the postgraduate diploma in procurement and contract management:
- Critically review the elements of a contract
- Review the key aspects of a contract with the use of case law
- Analyse how companies are being transformed from a traditional marketing approach to a modern marketing approach.
- Review various contract law scenarios with the use of case law
- Evaluate various types of contracts in the context of procurement
- Analyse the application of implied terms, express terms and in-nominate terms
- Analyse the application of liquidated damages, force majeure, unliquidated damages clause
- Review the application of dispute resolution clauses, arbitration and mediation
- Review the application of dispute resolution clauses, arbitration and mediation
- Understand the Fundamentals of contract Breach
- Critically review the elements of managing the Contract
- Understand the importance of assessing contract risk
- Analyse how to develop contract exit strategies and understand how to develop
- Contract management plan
- Analyse the importance of SLAs and contractor selection and analyse the importance of contractor relationship management
- Conduct a critical review of the Tendering and Procurement Cycle
- Understand the process of procurement in the acquisition of capital goods and services
- Able to analyse the marketing control initiatives deployed by the organizations.
- Review the various types of tenders, E tendering and Reverse (E ) auction strategies
- Review the various types of sourcing strategies
- Analyse the importance of environment scanning in the procurement process and review various procurement contract strategies such as Public Private Partnerships
- Analyse the Supplier Appraisal Process
- Analyse the Supplier Appraisal Process
- Review the importance of Appraisal
- Understand where and when Supplier Appraisals apply
- Critically Review various procurement strategies
- Understand the strategy of Outsourcing, Offshoring, Insourcing and Subcontracting
- Review the various integrated strategies when procuring goods and services
- Review various warehousing and inventory management strategies and inbound outbound logistics elements
- Understand the impact of AI and ERP platforms on procurement strategies
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Intended Audience
The programme is specifically tailored for professionals in the field of Procurement & Contract Management who are interested in applying a reputable qualification to their practice. With the study of Procurement & Contracting, encompassing a broad spectrum of business, the programme finds itself suited to professionals who are an integral part of the cogs of procurement: Sourcing and Purchasing. The programme and its delivery will also be suited for professionals interested in a career change, transitioning from different industries to the world of procurement and contracting.
* We do not provide legalization/attestation of CIQ’s PG Diploma certificate. These certifications are solely intended to improve students’ knowledge of the program.
About CIQ,UK
Cambridge International Qualifications (CIQ) is a specialized awarding body based in the United
Kingdom. CIQ designs and accredits credentials tailored to address the demands of learners and
the business community to provide individuals with resources for personal and career growth.
CIQ has developed a reputation for offering high-quality support and services to the education
industry. Cambridge International Certification has developed an Internal Qualification Framework
(CIQ Credit Framework) consisting of various categories and credentials, such as certificates and
diplomas, by international requirements. Its services are also reviewed to increase consistency
and ensure that they apply to the constantly evolving global market as well as career opportunities
for ambitious individuals
Why CIQ?
- CIQ offers credit-rated qualifications in partnership with the Scottish Qualifications Authority (SQA), UK
- It is listed under the Scottish Credit and Qualifications Framework (SCQF) qualifications database which enables the student to utilize the credits earned to attain UK-regulated qualifications
- CIQ is supported by a very distinguished ‘Academic Advisory Board’ which comprises distinguished individuals from academia who provide deep insights and provide overall guidance for academic strategy.
- CIQ offers a wide range of diplomas, advanced diplomas, and postgraduate diplomas available to suit the individual needs of students, executives, and corporates.
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