Certificate in Advanced Procurement Management

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As technology, communication, supply costs and the economic environment continuously change, supply chains grow longer and more complex. As a result, purchasing managers must be agile, more informed and capable of developing proactive supply management strategies that align with an organization’s competitive objectives. Prepare to meet the challenge with the insight, tools and techniques you’ll gain in this professional development series.

Offered 100% online by Michigan State University – ranked #1 and #2 in Supply Chain Management undergraduate and graduate programs by U.S. News & World Report – this program examines the critical role supply base management plays in the success and competitive positioning of an organization. It reveals the “how” and “why” of rethinking and evolving your current sourcing and supply base strategies. Discover the most effective methods for evaluating and negotiating with suppliers, and creating sustainable competitive advantage for your organization and across the supply chain.

Taught by MSU’s expert master’s level faculty, this online certificate program consists of three required eight-week courses: Strategic Supply Management, Strategic Negotiation and Supply Base Management. These courses provide you with the knowledge and skills to:

Align your supply management strategy with the firm’s overall competitive strategy.

Create and foster supplier relationships that support your overall strategy.

Master negotiating techniques for cross-cultural, team and multi-party situations.

Evaluate existing and potential suppliers using an effective assessment system.

Establish supplier pricing models and explore cost reduction models.

Leverage the 10-point planning guide for successful negotiations.

Optimize your supply base considering your desired number and profile of suppliers.

Those who successfully complete the track will earn 11.5 Continuing Education units (CEUs) and receive a total of four certificates – three program certificates and a Master Certificate in Advanced Procurement Management.

Audience

This program particularly benefits mid- to senior-level professionals in purchasing, sourcing and supply management roles or those aspiring to reach those management levels. This Master Certificate in Advanced Procurement Management is open to anyone interested in realigning their current sourcing and supply base strategies and those looking for multi-disciplinary negotiation skills they can apply in sourcing-specific responsibilities as well as across the supply chain.

Take 3 Required Courses :Strategic Supply ManagementIdentify, evaluate and develop new opportunities, relationships and supply channels for your organization through strategic supply management. Leverage a deeper understanding of the scope, costs, metrics and processes associated with supply management so you can consistently deliver sustainable competitive advantage.Strategic NegotiationStrengthen your skill sets in intra-organizational, team, multi-party and cross-cultural negotiations. Negotiate better purchasing arrangements with vendors and suppliers. Identify negotiation opportunities, improve your ability to gain support for ideas or change, address conflicts and gain an understanding of the unique challenges that exist when individuals, groups and organizations face potential or existing conflict.Supply Base ManagementWith a systematic, strategic driven approach to supply base management, you can produce long-lasting value for your company and your customers. Learn to adopt best practices for supplier selection and relationship-building, as well as supply base design, optimization and risk management.

Apply for Government-Backed Assistance

Financial aid can come from a variety of sources, including federal loans and grants. Federal Direct (Stafford/Ford) Loans are available to graduate students and must be repaid, typically via installment payments, upon graduation. Providing nearly 14 million postsecondary students with over $150 billion a year in assistance, federal student aid programs are the largest source of student aid in America. Download a free Financial Aid Guide, which explains how to apply for federal loans and grants.

FAFSA

If you require financial assistance to finance your degree, your first step is to submit the Free Application for Federal Student Aid as soon as possible after January 1 the year you plan to enroll. The FAFSA evaluates eligibility for federal student loans and other need-based aid such as scholarships, grants and loans. You will need to provide the school code for Michigan State University, which is 002290.

Federal Direct (Stafford/Ford) Loans

Accreditation

Accreditation:

Michigan State University is accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools. The Broad College of Business has been accredited by the Association to Advance Collegiate Schools of Business (AACSB) since 1953. AACSB International Accreditation represents the highest standard of achievement for business schools worldwide. Institutions that earn accreditation confirm their commitment to quality and continuous improvement through a rigorous and comprehensive peer review.

University Distinctions

  • Ranked #1 and #2 in Supply Chain Management undergraduate and graduate programs by U.S. News & World Report
  • Rated one of the top 25 U.S. Business Schools by Forbes
  • Ranked among the top 20 public universities in U.S. News & World Report 2014 edition of America's Best Colleges 2014
  • Named by Princeton Review as one of the nation’s 50 “best value” public universities
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