Professional Diploma in Procurement, Sourcing, Supply Chains

🎓 Professional Diploma in Procurement, Sourcing, Supply Chains by MTF Institute

🚀 About MTF Institute
MTF Institute of Management, Technology and Finance is a global educational leader with its headquarters in Lisbon, Portugal. 🌏 Our institute specializes in hybrid (on-campus and online) education across three key areas: Business & Administration, Science & Technology, and Banking & Finance. With a robust R&D center, we are at the forefront of research in Artificial Intelligence, Machine Learning, Data Science, Big Data, WEB3, Blockchain, Cryptocurrency & Digital Assets, Metaverses, Digital Transformation, Fintech, Electronic Commerce, and Internet of Things.

🤝 MTF Institute is an official partner of industry giants such as IBM, Intel, and Microsoft. We are also a member of the Portuguese Chamber of Commerce and Industry and reside within "The Fintech House of Portugal." With our presence in 208 countries and a student body exceeding 380,000, MTF Institute is synonymous with quality education and thought leadership.

👨‍🏫 Course Author: Igor Dmitriev
The author of this course, Igor Dmitriev, is a seasoned professional in Digital Transformation and Banking, with over 18 years of experience in banking, 15 years in FinTech & Digital, and more than 14 years as an entrepreneur and manager. His expertise is complemented by his academic credentials: an MBA from The Boston University, a Master of Science in Engineering (Technical) Management from The State University of New York at Buffalo, and a Master of Science in Informatics and Economics. Additionally, Igor holds a Six Sigma Black Belt, showcasing his proficiency in operational excellence. His roles have included CEO, Head of Business, Chief Digital & Marketing Officer, Head of Digital Transformation and Channels, and Head of Products and Marketing at worldwide banking groups such as Societe Generale and Raiffeisenbank.

🔍 What are Procurement and Sourcing?
Procurement encompasses the entire process of acquiring goods and services essential for a company's operations, including identifying needs, sourcing suppliers, negotiating contracts, ordering, receiving, processing payments, and managing supplier relationships. Sourcing is a strategic facet of procurement that focuses on market research to identify potential suppliers, evaluating them based on cost, quality, reliability, sustainability, and risk factors, and selecting the most suitable ones for the company's specific needs.

💡 Why is Learning Procurement and Sourcing Important for Companies and Managers?
Understanding procurement and sourcing is crucial for businesses as it directly impacts cost savings, operational efficiency, risk mitigation, competitive advantage, and innovation. By mastering these skills, professionals can help their companies navigate the complexities of global markets, manage budgets more effectively, and ensure a consistent supply of high-quality goods and services.

🌟 How Procurement and Sourcing Skills Build Global Careers
The demand for procurement and sourcing professionals is exceptionally high across the globe, with opportunities in companies of all sizes and in diverse industries. The skills acquired through this diploma are highly transferable and provide a broad understanding of how businesses function globally. With globalization accelerating, the need for professionals who understand international procurement and supply chains is growing rapidly, opening up exciting career prospects worldwide.

📈 Enroll in the Professional Diploma in Procurement, Sourcing, Supply Chains by MTF Institute
Take your first step towards a rewarding global career in procurement and sourcing. With this diploma, you will gain comprehensive knowledge and practical skills that are in high demand across industries. Join a community of forward-thinking professionals and embark on a journey to excellence with MTF Institute! 🎓🚀

Overall Course Rating: 4.22

Course Review Synthesis

Pros:

• Relevance to Needs: The course was found to be highly relevant and exactly what some learners needed, as indicated by the excitement to cover the entire course material.

• Content Coverage: It provides an in-depth understanding of procurement, sourcing, and supply chain management, covering a wide range of related concepts that are valuable for beginners.

• Educational Value: The content is informative, offering a valuable resource for those new to the field of procurement, sourcing, and supply chain management.

• Industry Promise Delivery: For individuals seeking to enter the procurement and supply chain industry, the course delivers essential skills and knowledge, fulfilling its promise to equip students effectively.

Cons:

• Video Repetition and Clarity: Some learners found the videos to be repetitive and not as concise as desired, which could potentially detract from the learning experience.

• Language Requirements: The course's English language requirement seemed quite strict, as mentioned by a student who noted that they or their peers might have been dismissed from an MBA program for not meeting these standards.

• Practical Application: There were concerns about the applicability of the information provided, with one learner stating that the course contained "doubtful information on what procedure to partake since he 'doesn't know how everything works in your country.'"

• Organizational Resources: The course lacked organizational charts and personal input seemed to overshadow structured content, as noted by a student who highlighted the absence of such institutional support.

General Feedback:

• Quality of Instruction: One reviewer from their MBA program mentioned being kicked out for not meeting English proficiency standards, suggesting that the course's language requirements might be set quite high.

• Content Accuracy: Some learners questioned the accuracy and reliability of certain information presented in the course, indicating a need for more concrete examples or references to current practices.

Course Summary: The "Professional Diploma in Procurement, Sourcing, Supply Chains" by MTF Institute is generally well-received by learners, particularly those new to the field. It is commended for its comprehensive coverage of procurement and supply chain management topics. However, some improvements could be made in terms of video production, ensuring content is both clear and applicable across different regions and languages, and providing additional organizational support materials like charts and detailed case studies. The course is a valuable asset for those looking to gain foundational knowledge and skills in the procurement and supply chain domain.