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Modern Procurement programs

Operational Capability (20 hours)

Procurement teams have historically focused on excellence in operational capability as a core of their value proposition. Through the lens of Modern Procurement, this program lays the foundation for a team to perform the next generation of value creation. The goal is to understand operational excellence from a technical and strategic perspective, and provide a framework to deliver these capabilities.

The program focuses on developing exceptional transactional efficiency through order-and-pay technology and effective sourcing needs. We will review the end-to-end procurement process to create an environment where risk and costs can be balanced, and the terms and conditions are incorporated into an active management program.

The contract creates the framework for collaboration and is the tool to spur innovation for future revenue. A strong collaborative contract will foster strong relationships with suppliers and clearly identify deliverables, program details and expectations on all sides of the relationship. Our goal is also to understand the total cost of ownership, reviewing the concepts of supplier management and skills around change management.

Upon successful completion, candidates earn 20 Modern Procurement hours and an Associate level certification. This program, or where appropriate the Bridge Program, is also required to earn a Practitioner or Advanced Practitioner certification. 

This program is delivered in a blended format, combining approximately 12 hours of on-demand learning, with 8 hours of interactive virtual workshops.

The on-demand learning includes microlearning videos, discussion boards, and short assessments at the end of each topic. The interactive virtual workshops are organized as 2 x 4 hour online sessions. Sessions are designed to be highly interactive, with the objective to augment understanding, as well as impact behaviors.

As members, candidates also have access to the WorldCC Content Hub for research and on-the-job guidance.

To successfully complete the program and earn an Associate level certification, learners must pass the online assessments at the end of each topic delivered on-demand and participate in the 8 hours of virtual workshop.

  • Spend analytics
  • Sourcing strategy (including RFP, RFQ and ITT’s)
  • Risk mitigation
  • Negotiation
  • Contract drafting and design
  • SOWs
  • Commercial awareness
  • Order to pay process (authorization, budgeting, order placement, logistics, payment, supply chain financing)
  • Category management
  • Contract management
  • Supplier management
  • Change management
  • Quality and service

Participants earn 20 Continuing Professional Development points.

If you would like to learn more about this program and how it can support you or your team, please get in touch.

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