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Market Research Fundamentals

Strategic Procurement in Market Research

This curriculum provides procurement professionals with the specialized tools needed to source and manage market research vendors effectively. It focuses on balancing cost-efficiency with data quality, ensuring high-value outcomes for commercial projects.

Intermediate 18 hours 4.8 (0 reviews) 0 enrolled

£420

Certified Research Procurement Specialist

  • Pass mark 70%
  • Certificate on completion
  • Verifiable public certificate ID
  • English · available globally
Direct answers

Strategic Procurement in Market Research: the short answers

What is Strategic Procurement in Market Research?
This curriculum provides procurement professionals with the specialized tools needed to source and manage market research vendors effectively. It focuses on balancing cost-efficiency with data quality, ensuring high-value outcomes for commercial projects.
Who is Strategic Procurement in Market Research for?
It is pitched at Intermediate level for Procurement Managers working in Market Research Fundamentals, and is studied online from any country.
How long does Strategic Procurement in Market Research 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 Research Procurement Specialist, issued as a certificate with a unique ID that employers can check in the public certificate register.
How much does it cost?
£420 once, with no subscription.

What you will be able to do

  • Develop criteria for vendor selection in market research.
  • Apply financial judgment to agency cost proposals.
  • Draft performance-based contracts for research services.
  • Evaluate vendor ROI for longitudinal research projects.
  • Implement risk management strategies for outsourcing research.

Written by Marcus Thorne, Head of Global Sourcing. Every submission is assessed automatically against the published criteria for Certified Research Procurement Specialist, and the certificate is issued the moment the assessment is complete.

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