Master of Strategic Procurement
This program is designed to address the shortage of qualified professionals in this specialised area of supply chain management by developing your capabilities to deliver efficient, effective and ethical strategies over the procurement life cycle to achieve value for money in your organisation.
Master of Strategic Procurement
The Master of Strategic Procurement is the only dedicated procurement program available in Victoria.
To encourage the training of new and current individuals in the profession, full credit transfer is available across the masters degrees offered by ATN member universities. This provides flexibility and security for both students and employers by ensuring that candidates can complete studies even if their job takes them interstate.
Upon successful completion of the Master of Strategic Procurement, graduates will be recognised by the Australasian Procurement and Construction Council Inc (APCC). For further information visit www.apcc.gov.au
Rapid growth in the procurement industry has demanded not only a larger and more capable pool of procurement professionals, but people with a masters level qualification to address the specific shortfall of strategic procurement managers and executives.
Employment for supply managers is expected to increase by around 30% and remain high for specialists in procurement with management skills. Data also indicates that on average only 9% of supply managers hold a postgraduate degree
Strategic procurement specialists
The procurement and purchasing professions are essential components of the wider logistics element of the supply chain. Qualified executives and decision makers in procurement planning need the skills and ability to effectively lead skilled professionals with an understanding of relevant economic and sustainability issues.
- make a direct impact to current or future employers by developing skills to deliver cost and service efficiencies leading to commercial advantage
- understand longer term environmental and social trends associated with strategic sourcing-related issues.
- need knowledge and skills across a range of areas including market analysis, strategic sourcing, category management, business performance, economic analysis, organisational behaviour and spend analysis
With increased emphasis on strategic and financial acumen to deliver higher returns to an organisation, mastery of these skills is critical to successfully align procurement functions with the overall performance of an organisation’s triple bottom line.
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For further information regarding the Master of Strategic Procurement, please contact the College of Business Admissions Team.
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About the school
Learn more about the School of Business IT and Logistics which provides this program.