Procurement: Supplier Selection, Contracts & Risk
The Procurement Management course by Koenig Original equips IT project managers, procurement officers, and supply chain professionals with strategic sourcing, vendor selection, and cost-reduction skills to solve inefficiencies in supply chain operations. With studies showing efficient procurement can reduce costs by up to 20%, this 8-week program builds expertise in negotiation, risk assessment, and supplier relationship management for immediate organizational impact.
Prepares learners for the Procurement Management Professional certification, with 80% of employers preferring certified candidates. Koenig’s Guaranteed-to-Run scheduling ensures timely access to live, instructor-led training. Graduates gain a competitive edge, unlocking leadership roles and higher earning potential in high-demand procurement careers.
Training Formats & Pricing
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Course Overview
The Procurement Management course by Koenig Original is designed for professionals aiming to master strategic sourcing, supplier negotiation, and end-to-end procurement lifecycle management. While not tied to a specific external certification exam, this Koenig Original program prepares individuals for roles such as Procurement Officer, Supply Chain Analyst, and Strategic Sourcing Manager. With global organizations increasingly prioritizing cost-efficient and ethical procurement—projected to drive a 6% annual growth in demand for skilled procurement professionals through 2027—this course equips learners with validated competencies that align with industry best practices. Participants gain a comprehensive understanding of vendor evaluation, contract management, risk mitigation, and performance assessment within modern procurement frameworks.
This hands-on training integrates real-world tools and platforms essential to contemporary procurement operations, including SAP Ariba, Coupa Business Spend Management, Oracle Procurement Cloud, and Microsoft Dynamics 365 Supply Chain Management. During the live lab sessions conducted via cloud-based enterprise environments, students configure procurement workflows, execute RFQ (Request for Quotation) simulations, and build supplier scorecards using actual business scenarios. One key project involves designing a full procurement strategy for a mock multinational rollout, incorporating total cost of ownership (TCO) analysis, supplier risk profiling, and contract negotiation planning. These labs are delivered through Koenig’s secure, browser-accessible lab environment, ensuring practical experience with enterprise-grade systems used across Fortune 500 companies.
Graduates of the Procurement Management course are well-prepared to pursue advanced credentials like the CIPS Certification or take on leadership roles in procurement transformation. Professionals in this field report an average salary increase of 20–30% post-certification, with senior procurement managers earning up to $110,000 annually in North America. A key differentiator at Koenig Original is the Guaranteed-to-Run (GTR) schedule and access to official e-courseware, ensuring consistent, high-quality learning without delays. By completing this program, participants position themselves to lead strategic initiatives that reduce organizational spend, improve supplier performance, and drive long-term value across global supply chains.
What You'll Learn
Prerequisites
- Minimum 2 years of experience in supply chain operations or procurement roles is required to maximize the value of this intermediate-level Procurement Management course by Koenig Original.
- Proficiency in ERP systems such as SAP or Oracle is essential for navigating the technical procurement workflows covered in this training.
- Prior completion of foundational certifications such as CIPS Level 2 or CPSM is recommended to ensure participants are prepared for the advanced strategic sourcing modules.
- Practical experience in managing the end-to-end procurement lifecycle, including requisition-to-pay processes, is necessary for effective participation.
- A working knowledge of standard contract management principles and supplier relationship management frameworks is required to engage with the course's advanced negotiation strategies.
- Understanding of core regulatory compliance and procurement law is a prerequisite for learners aiming to apply the risk mitigation techniques taught in this program.
Certification Exam
Everything you need to know about the Procurement: Supplier Selection, Contracts & Risk certification exam
What's Included in Your Training
Every enrollment comes packed with resources to maximise your learning and exam success
Exam Preparation Materials
Practice Test Questions (200+)
Certificate of Completion
Post-Training Support (30 days)
Session Recording Access
Free Rescheduling (7+ days notice)
Career Outcomes
of Procurement: Supplier Selection, Contracts & Risk certified professionals report career advancement within 6 months
Salary Impact
Average salary increase reported after obtaining the Procurement: Supplier Selection, Contracts & Risk certification
*Source: Glassdoor / LinkedIn 2025
Job Roles
- Procurement Manager
- Supply Chain Manager
- Strategic Sourcing Specialist
- Vendor Relationship Manager
- Contract Negotiation Lead
- Procurement Analyst
Companies Hiring
and 5,000+ organizations worldwide seeking Procurement: Supplier Selection, Contracts & Risk certified professionals
Course Student Reviews
Real results from IT professionals who trained with Koenig — rated 4.9/5 from 18,400+ verified reviews.
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★★★★★
“Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”
AZ-104 Certified ✓ Verified -
★★★★★
“I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”
Enterprise Client ✓ Verified -
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“The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”
PL-300 Certified ✓ Verified -
★★★★★
“From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”
AZ-305 Expert ✓ Verified -
★★★★★
“As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”
100+ Learners Trained ✓ Verified -
★★★★★
“SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”
SC-300 Certified ✓ Verified -
★★★★★
“AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”
AI-102 Certified ✓ Verified -
★★★★★
“DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”
DP-600 Certified ✓ Verified -
★★★★★
“Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”
AZ-400 Team Training ✓ Verified -
★★★★★
“Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”
AZ-104 Certified ✓ Verified -
★★★★★
“I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”
Enterprise Client ✓ Verified -
★★★★★
“The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”
PL-300 Certified ✓ Verified -
★★★★★
“From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”
AZ-305 Expert ✓ Verified -
★★★★★
“As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”
100+ Learners Trained ✓ Verified -
★★★★★
“SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”
SC-300 Certified ✓ Verified -
★★★★★
“AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”
AI-102 Certified ✓ Verified -
★★★★★
“DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”
DP-600 Certified ✓ Verified -
★★★★★
“Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”
AZ-400 Team Training ✓ Verified
-
★★★★★
“Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”
AZ-104 Certified ✓ Verified -
★★★★★
“I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”
Enterprise Client ✓ Verified -
★★★★★
“The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”
PL-300 Certified ✓ Verified -
★★★★★
“Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”
AZ-104 Certified ✓ Verified -
★★★★★
“I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”
Enterprise Client ✓ Verified -
★★★★★
“The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”
PL-300 Certified ✓ Verified
-
★★★★★
“From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”
AZ-305 Expert ✓ Verified -
★★★★★
“As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”
100+ Learners Trained ✓ Verified -
★★★★★
“SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”
SC-300 Certified ✓ Verified -
★★★★★
“From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”
AZ-305 Expert ✓ Verified -
★★★★★
“As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”
100+ Learners Trained ✓ Verified -
★★★★★
“SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”
SC-300 Certified ✓ Verified
-
★★★★★
“AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”
AI-102 Certified ✓ Verified -
★★★★★
“DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”
DP-600 Certified ✓ Verified -
★★★★★
“Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”
AZ-400 Team Training ✓ Verified -
★★★★★
“AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”
AI-102 Certified ✓ Verified -
★★★★★
“DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”
DP-600 Certified ✓ Verified -
★★★★★
“Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”
AZ-400 Team Training ✓ Verified
Resources
Learn more about Procurement: Supplier Selection, Contracts & Risk before you enroll
The Core Components of Effective Procurement Training
Procurement has evolved from a transactional function into a strategic business driver. No longer limited to simply purchasing goods and ser…
Read GuideTop Benefits of Earning an SAP Ariba Procurement Certification for Procurement Professionals
In the fast-evolving field of procurement, professionals are increasingly turning to digital tools to streamline processes, reduce costs, an…
Read ArticleUnderstanding the Benefits of Procurement Certification for Business Leaders
In today's fast-paced and competitive business landscape, effective procurement is more crucial than ever. Business leaders are increasingly…
Read ArticleHappiness Guarantee
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