4.9 ★★★★★ 250+ reviews

Innovation in Procurement Course

  • Transform Procurement: Explore breakthrough strategies
  • Be Future-Ready: Tackle digital and sustainability challenges
  • Flexible Learning: Complete the course in 16-24 hours
Lesson Preview Innovation Course
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1. The Role of Innovation in Procurement

Understand how procurement is evolving and the innovative approaches shaping the future.

2. Leveraging Technology and Data

Master advanced tools like AI and predictive analytics to streamline procurement operations.

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3. Sustainable and Agile Procurement Practices

Learn to integrate sustainability and agility into your procurement processes to create lasting value.

★★★★★

Trusted by 1000+ companies

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100% Money-Back Guarantee

Receive a 100% refund if you’re not satisfied within 60 days

Self-Paced Learning

Study when it fits your schedule, with 8-16 hours of content

Certificate Course

Complete the course to receive your official certificate

WHAT YOU WILL LEARN

Innovation in Procurement Course

  • Gain a comprehensive understanding of innovation in procurement and how to apply cutting-edge strategies and technologies to streamline procurement processes.
  • Learn the importance of emerging trends such as AI, digital transformation, and sustainability in procurement.
  • Equip yourself with the skills to lead procurement innovation in your organization, fostering enhanced efficiency, cost savings, and value creation.
1. Introducing Innovation

This module provides an overview of what innovation means in the context of procurement. It explores the critical role innovation plays in enhancing procurement processes and how organizations can benefit from adopting innovative practices.

What you will learn:

  • Definition and importance of innovation in procurement
  • Key drivers of innovation in procurement
  • Benefits of Implementing Innovative Procurement Strategies
  • Challenges to innovation in procurement and how to overcome them
  • Case studies of successful innovation in procurement
2. Innovative Mindset

This module delves into the development of an innovative mindset. It focuses on cultivating a mindset that embraces change, fosters creativity, and drives continuous improvement within procurement teams.

What you will learn:

  • The characteristics of an innovative mindset
  • How to foster creativity and innovation in procurement
  • Techniques to encourage innovative thinking within teams
  • The role of leadership in promoting an innovative culture
  • Tools and practices to sustain innovation
3. Innovation in Procurement Teams

This module emphasizes the importance of innovation within procurement teams. It discusses how to build, lead, and sustain teams that are not only efficient but also innovative in their approach to procurement challenges.

What you will learn:

  • Building innovative procurement teams
  • Encouraging collaboration and innovation among team members
  • Leveraging diverse perspectives for innovative solutions
  • Measuring and rewarding innovation in procurement teams
  • Case studies of innovative procurement teams
4. Innovative Tactics to apply in procurement teams

This module explores practical, innovative tactics that can be applied within procurement teams. It provides actionable strategies and tools that teams can use to enhance their procurement processes and outcomes.

What you will learn:

  • Innovative procurement strategies and tactics
  • Tools and technologies to drive procurement innovation
  • How to implement and scale innovative tactics within teams
  • Overcoming barriers to adopting innovative tactics
  • Real-world examples of innovative procurement practices

32 Video Lessons

Assignments + templates + coaching

Self-Paced Learning

8-16 hours study time

12 Months

Unlimited access

Rating

★★★★★ 9.6/10

100% Money-Back Guarantee

Try it for 60-days risk-free

Contract Management Download Syllabus

WHAT’S INCLUDED

Download the course syllabus

Free PDF

Including all course information

Free Preview

Of a video lesson

LESSON PREVIEW

Exploring The Areas Of Innovation

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Single Course

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1 Certificate Course

$875

12 months access
60-day money-back guarantee
Certificate after completion
ChatGPT community

Access To All

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All study material worth $21,576

$1,625 / year

12 months access
60-day money-back guarantee
Certificate after completion
ChatGPT community
18 certificate courses
 Access to future courses 
54 templates
Community & live events
Personal coaching

Team

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For Procurement Teams

$3,250$40,625

12 months access
60-day money-back guarantee
Certificate after completion
ChatGPT community
18 certificate courses
 Access to future courses 
54 templates
Community & live events
Personal coaching
Personalized learning journey
Skills assessment
 Team workshop
Learning consultant

($) USD (Default)
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  • (£) GBP
  • (₹) INR

REVIEWS

What others said about this course

How we help procurement teams

What Procurement Tactics members get

Your (Access To All) membership with Procurement Tactics includes access to everything you need
to grow your career and boost your job performance.

Worldwide Community

Expand your horizon with new perspectives, thought-provoking discussions, and best practices from peers around the world.

Procurement Template Library

Never start from scratch by accessing powerful 
off-the-shelf templates for your job.

Live Events

Stay up-to-date with the latest procurement trends and innovations by joining regular live events.

Bite-Sized Learning Library

Learn more in less time with bite-sized knowledge for busy minds. Get comfortable with a new topic in just 10 minutes.

Career Center

Redefine your career trajectory and fast-track your personal growth with powerful career mapping and feedback tools.

Learning Coach

Learning coaches act as your personal learning rocket fuel by providing the support and accountability you need to progress.

Professional Study Platform

Self-paced learning whenever you want, on your computer or your phone.

Staying up-to-date

Members receive regular updates trends we’re seeing in the world of procurement.

Industry Recognized Certificate

After completing your course you’ll receive an official certificate

Procurement education has a clear ROI

Companies that invest in procurement capabilities perform better according to research by McKinsey

%

as likely to have a higher EBIT margin

%

as likely to have a higher sales growth

%

as likely to have a higher EV/book value

Enroll with your team, schedule a demo

In a 30-minute call, we’ll show you our study platform and give you a custom team license. We’re trusted by 1000+ procurement teams.

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Schedule a demo

Eveline Van Dam

Eveline van Dam

Innovation Expert

About your instructor

✓Innovation Expert: Helping organizations unlock the power of innovation to drive growth and efficiency.

✓ FMCG & Retail Consultant:  With deep expertise in the fast-moving consumer goods and retail sectors, I guide businesses through industry-specific challenges.

✓ Workshop Facilitator: Creating interactive workshops to foster creative thinking, collaboration, and actionable solutions.

Frequently Asked Questions

We have put together some frequently asked questions

Will I get a certificate?

+ other popular questions

What is Procurement Tactics?

+ our mission and vision

How do the courses work?

+ turning theory into practice

What will I learn?

Module 1 contains 8 lessons:

  1. Module Introduction
  2. Contract Management in the Procurement Process
  3. Contract Management and its 3 Pillars
  4. Contract Management Lifecycle
  5. The Importance and the Success Factors of Contract Management
  6. Contract Management Skills
  7. Key Legal Concepts in Contract Management
  8. Module 1 Wrap-Up

Module 2 contains 8 lessons:

  1. Module Introduction
  2. Essential Elements of a Contract
  3. Common Pitfalls to Avoid
    Causes, Effects, and Impact of Poor Contract Management
  4. Analyzing the State of Contract Management & Contracts
  5. How to Create Your Contract
  6. How to negotiate your contracts
  7. Creating your Contract Overview
  8. Module 2 Wrap-Up

Module 3 contains 7 lessons:

  1. Module Introduction
  2. KPIs in Contract Management
  3. Creating a Contract Management Scorecard
  4. Supplier Relationship Management
  5. Risk Management in Contracts
  6. Contract Management Tactics to Implement
  7. Module 3 Wrap-Up
    Why should I enroll?

    This course is designed mainly for people who are new to contract creation and management. However, it’s also helpful for those with more experience, providing ways to bring more structure, clarity, and new ideas and tactics to improve how they handle their contracts and suppliers.

    What is the refund policy?

    We pride ourselves on high-quality programs. That’s why we feel comfortable offering a 60-day money-back guarantee to ensure that you are 100% satisfied.

    If for any reason it’s not your thing, you can view the full guarantee and request a refund within 60 days after your enrollment date. This makes your enrollment 100% risk-free!

    Will I get an invoice?

    Yes. Upon completing your payment, the (pdf) invoice is automatically generated and sent to your inbox with the payment receipt.

    The pdf invoice is can be used to expense the enrollment fee with your employer.

    What happens after I pay ?

    Great question. Here’s what will happen after you complete your payment:

    1. You’ll receive an email with an invoice
    2. You’ll receive a second email with the invitation to our study environment
    3. You’ll receive a third email from your instructor to schedule your kickoff session
    4. Once you completed all of the lessons, you’ll receive your certificate
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    Unlock your procurement potential

    Dive deep into procurement mastery with our comprehensive curriculum

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