Procurement Strategy for Innovation Ventures
This course provides procurement professionals with the judgement to navigate high-stakes innovation supply chains. It emphasizes validating supplier reliability and contract viability for complex, non-standard project requirements.
£380
Certified Innovation Procurement Professional
- Pass mark 70%
- Certificate on completion
- Verifiable public certificate ID
- English · available globally
Procurement Strategy for Innovation Ventures: the short answers
- What is Procurement Strategy for Innovation Ventures?
- This course provides procurement professionals with the judgement to navigate high-stakes innovation supply chains. It emphasizes validating supplier reliability and contract viability for complex, non-standard project requirements.
- Who is Procurement Strategy for Innovation Ventures for?
- It is pitched at Intermediate level for Procurement Specialists working in Business Idea Validation, and is studied online from any country.
- How long does Procurement Strategy for Innovation Ventures take?
- Around 18 hours of study, plus the assessed assignments and one applied project.
- How is the certification assessed?
- Every assignment and the final project are assessed automatically against the published criteria. The pass mark is 70%, and an item that does not pass can be resubmitted.
- What do I receive when I pass?
- Certified Innovation Procurement Professional, issued as a certificate with a unique ID that employers can check in the public certificate register.
- How much does it cost?
- £380 once, with no subscription.
What you will be able to do
- Evaluate vendor reliability for innovative service delivery
- Negotiate contracts for unproven innovation pipelines
- Apply procurement judgement to mitigate commercial risks
- Assess total cost of ownership in innovation projects
- Implement control systems for multi-vendor environments
Written by Marcus Thorne, Head of Global Sourcing. Every submission is assessed automatically against the published criteria for Certified Innovation Procurement Professional, and the certificate is issued the moment the assessment is complete.
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