Learning Outcomes:

Topics:

• Importance of procurement to organisations,  changing role of procurement, procurement  integration, purchasing decisions and business  strategy, procurement strategy, centralised and decentralised purchasing, key sourcing process  elements, purchasing organisation, overview of purchasing-related differences across contexts. 
• Spend analysis, supply industry analysis, supply  data sources, market and cost based pricing models,  value analysis, portfolio analysis (Kraljic matrix),  request for information (RFI) documents, request for  quotation documents, key supplier selection criteria,  total cost of ownership, multi-criteria supplier  selection models, reverse auction approaches, e procurement operative mechanics, contexts where  relevant, benefits and challenges in implementation.

• Legal aspects of purchasing, nature of purchasing  contracts, offers and counter offers, options contracts, contract law, terms of a contract, contract  management, contract disputes, importance of  negotiation, pre and post negotiation phases,  negotiation strategies, BATNA, competition and  cooperation in negotiation, game theory, persuasion/coercive approaches.

• Nature of supplier relationships: arm’s length,  partnership, strategic alliance, joint venture, vertical  integration and where each is appropriate, supply  base rationalisation, tiering of suppliers, choice of  single/multiple suppliers, supplier associations,  supplier performance measurement and supplier  development.

Indicative reading list 

• Bailey, P., Farmer, D., Crocker, B., Jessop, D., and Jones, D. (2015). Procurement Principles and Management. 11th Edition, Pearson
• Benton, W, C. (2014). Purchasing and Supply Chain Management. 3rd Edition, McGraw Hill
• Lysons, K. and Farrington, B. (2020). Purchasing and Supply Chain Management., 10th Edition Pearson, Handfield, R., Giunipero, L., and Patterson
• J. and Monczka, R. (2015). Purchasing and Supply Chain Management. 6th Edition, Cengage,

Entry requirements

To enroll The Master Award, the learner must possess:

• Graduated with a Bachelor’s degree from an accredited university or achieved a Level 6 Diploma according to the European Qualifications
• For a degree from non-global accredited universities; The learner should have followed the Accreditation of Prior Experiential Learning for Qualifications (APELQ) policy of the London Academy of Sciences.
• Learners must be over 21 years old.

The London Academy of Sciences (LAS) reserves the highest decision-making power for admission whether to accept or not accept after a specific review of each candidate’s profile to ensure that they can comprehend and gain benefits when participating. For the fake university or diploma mills, University Partners shall not be accepted.

English requirements

If a learner is not from a predominantly English-speaking country, proof of English language proficiency must be provided.

• Common European Framework of Reference (CEFR) level B2 or equivalent
• Or A minimum TOEFL score of 101 or IELTS 6.5; Reading and Writing must be at 6.5 or equivalent

After graduating from Master Award, students receive all certified documents from the London Academy of Sciences and also the University Partners.

Certified Documents:

• e-Certificate from the London Academy of Sciences
• Hard copy certificate from the London Academy of Sciences
• Accreditation of Prior Experiential Learning for Qualifications (APELQ) certified from University Partners for credit and tuition fee transfer
• Accreditation & Recognition certified from University Partners.

Because the program is accredited and recognized, students can easily use certified in the working environment and have many opportunities for career advancement. In addition, in case if you want to study for a university degree, students can convert all credits and the full tuition fee when participating in the program University Partners.

The London Academy of Sciences’ Master Award means:

LAS UK Level 7 certification is the certified at the master level and is equivalent to:

• Level 7 certificate of Regulated Qualification Framework (RQF) of UK
• Level 10 certificate of Scottish Credit and Qualifications Framework (SCQF)
• Level 7 certificate of Credit and Qualifications Framework (CQFW)
• Level 7 certificate of European Qualifications Framework (EQF)
• Level 9 certificates of the Australian Qualifications Framework (AQF)
• Level 7 certificate of ASEAN Qualifications Reference Framework (AQRF)
• Level 9 certificate of the African Continental Qualifications Framework (ACQF)

Students can convert all credits and the full tuition fee when participating in the University Partners academic programs if they want to study for an academic degree.

Credits transfer:

Learners can accumulate 20 credits from the Master Award program when participating in the Master of Logistics and Supply Chain Management (MLSCM) of University Partners. Please see the credit transfer policy HERE

Tuition fee transfer:

When participating in the MLSCM program, students who have graduated Master Award will receive a discount of 490 Pounds for each certified. Please see the tuition fee transfer HERE

The London Academy of Sciences (LAS) Certified program is not-for-profit, so the tuition fees are fully supported by LAS, University Partners. The London Academy of Sciences reserves the right not to accept more students if the number exceeds the quotas.

Apply Policy:

• To participate in LAS’s Short courses program, students need to meet the entry criteria corresponding to each level. Please see the “Entry” tab for more details.
• LAS will not accept applicants if their entry qualifications are from diploma mill universities or schools/universities that are not accredited.
• For Master Award programs, if an entry bachelor is unavailable, students must demonstrate a minimum of 5 years of work experience in the relevant field. Please note that a bachelor’s degree is required for the Master’s program of University Partners so that you could study Master Award but could not move to the Master’s program of University Partners.
• English is not a mandatory entry requirement for short course programs, but candidates need to ensure that English is used in reading documents, listening to lectures, and doing assignments. Candidates should note that English is a mandatory requirement when switching to an academic program at University Partners.

Apply Process:

1. Choose the program that suits your requirements. Note that applicants without a university degree will not be able to participate in the Master Award program, and applicants without a Master’s degree will not be able to participate in the Doctoral Award program.
2. Email your application to support@las.ac with all the required documents. You could download the application form here.
3. Our admission department will contact you and guide you through further processes if the registration documents need to be supplemented.
4. The London Academy of Sciences will issue the Letter of Acceptant (LOA). You wil proceed to the next steps according to the instructions and pay tuition fee.
5. The London Academy of Sciences will issue a student confirmation letter, login account to the e-learning system and related documents.
6. You have become an official LAS student and enjoy your study journey.

The Short Courses Certified program is a fully online program. You can study anytime, anywhere. The final exam will be uploaded to the system and marked by the academic panel of LAS UK. Students must submit assignments on time. Otherwise, the student is considered not to continue the program.