Procurement is a critical function in any organization, ensuring that goods and services are acquired in a cost-effective and efficient manner. With the increasing complexity of procurement laws and regulations, professionals in this field need to have a solid understanding of the legal framework governing procurement processes.
The demand for professionals with expertise in procurement law and regulations is on the rise in the UK. According to a recent survey by the Chartered Institute of Procurement & Supply (CIPS), 78% of organizations reported that they struggle to find qualified procurement professionals with the necessary legal knowledge.
Statistic |
Value |
Percentage of organizations struggling to find qualified procurement professionals with legal knowledge |
78% |
Median salary for professionals with expertise in procurement law and regulations |
£45,000 |
Projected job growth for procurement professionals with legal knowledge |
12% |
By obtaining a Professional Certificate in Procurement Law and Regulations, professionals can enhance their skills and knowledge in this specialized area, making them more competitive in the job market and better equipped to navigate the complex legal landscape of procurement.