Welcome to course Professional Certificate in Procurement and Purchasing by MTF Institute
Course video lessons equal to course Professional Diploma in Procurement, Sourcing, Supply Chains
with difference in articles
Course provided by MTF Institute of Management, Technology and Finance
MTF is the global educational and research institute with HQ at Lisbon, Portugal, focused on business & professional hybrid (on-campus and online) education at areas: Business & Administration, Science & Technology, Banking & Finance.
MTF R&D center focused on research activities at areas: Artificial Intelligence, Machine Learning, Data Science, Big Data, WEB3, Blockchain, Cryptocurrency & Digital Assets, Metaverses, Digital Transformation, Fintech, Electronic Commerce, Internet of Things.
MTF is the official partner of: IBM, Intel, Microsoft, member of the Portuguese Chamber of Commerce and Industry, and resident of the incubator "The Fintech House of Portugal".
MTF is present in 208 countries and has been chosen by more than 400 000 students.
What are Procurement and Sourcing?
Procurement: The overarching process of acquiring goods and services that a company needs for its operations. It goes beyond simply buying things; procurement covers:
Identifying needs
Finding suppliers
Negotiating contracts
Ordering
Receiving goods/services
Payment processing
Managing supplier relationships
Sourcing: A strategic part of procurement. It focuses on:
Researching the market to find potential suppliers
Evaluating suppliers based on cost, quality, reliability, sustainability, and risk factors
Selecting the best suppliers for the business's specific needs
Why is Learning Procurement and Sourcing Important for Companies and Managers?
Cost Savings: Effective procurement and sourcing finds the best value for money. This directly impacts the company's bottom line.
Efficiency: Streamlined processes in procurement avoid delays and bottlenecks in a company's operations.
Risk Mitigation: Thorough sourcing helps identify potential risks (like supply disruptions) and proactively manage them.
Competitive Advantage: Strong supplier relationships and access to quality materials or services can give companies an edge in the market.
Innovation: Sourcing can help uncover new technologies, materials, or processes that boost a company's offerings.
How Procurement and Sourcing Skills Build Global Careers
High Demand: Companies worldwide of all sizes need individuals who understand how to source and procure effectively.
Transferable Skills: The fundamentals of procurement and sourcing apply across industries and countries.
Cross-Functional Collaboration: Procurement interacts with many departments (finance, operations, legal), giving a broad view of how businesses function globally.
Growth Potential: As globalization increases, the need for professionals who understand the complexities of international procurement and supply chains will rise.
Course Author: Igor Dmitriev
Digital Transformation and Banking Expert
Education:
MBA, The Boston University
Master of Science at Engineering (Technical) Management,
The State University of New York at Buffalo
Master of Science at Informatics and Economics,
Six Sigma Black Belt
Experience:
Expert at Banking (> 18 years), FinTech & Digital (> 15 years),
Experienced Manager (> 14 years) with successful track of records
at personal and corporate entrepreneurship.
More than 12 years at worldwide banking groups such us
Societe Generale , Raiffeisenbank
Experience at roles: CEO, Head of Business, Chief Digital &
Marketing Officer, Head of Digital Transformation and Channels, Head of Products and Marketing.
Everything You Need to Know About Professional Certificate in Procurement and Purchasing
This course is a comprehensive and well-structured introduction to Professional Certificate in Procurement and Purchasing. The instructor, MTF Institute of Management, Technology and Finance, is a leading expert in the field with a wealth of experience in Business to share.
The course is well-structured and easy to follow, and the instructor does a great job of explaining complex concepts in a clear and concise way.
The course is divided into sections, each of which covers a different aspect related to Management. Each module contains a series of video lectures, readings, and hands-on exercises.
The instructor does a great job of explaining each topic in a clear and concise way. He/She also provides plenty of examples and exercises to help students learn the material.
One of the things I liked most about this course is that it is very practical. The instructor focuses on teaching students the skills and knowledge they need to succeed in the real world. He/She also provides students with access to a variety of resources, including templates, checklists, and cheat sheets.
Another thing I liked about this course is that it is offered on Udemy. Udemy is a great platform for taking online courses because it offers a lot of flexibility for students. Students can choose to take courses at their own pace, and they can access the course materials from anywhere with an internet connection.
Udemy also offers a variety of payment options, so students can find a plan that works for them. The course also has a very active community forum where students can ask questions and interact with each other. The instructor is also very responsive to student questions and feedback.
Overall, I highly recommend this course to anyone who is interested in learning Professional Certificate in Procurement and Purchasing. It is a well-organized and informative course that will teach you the skills and knowledge you need to succeed.
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