KRONOS GROUP is pleased to announce the creation of a unique specialization in Procurement in Belgium with the Chair in “Strategic Sourcing & Procurement”. This is the result of a fruitful collaboration with LSM (Louvain School of Management) and has been officially inaugurated in the spring of 2018.
The objective is to promote research and education in procurement contributing to fostering the transformation of the function into a value creating and strategic profession.
Activities linked to the procurement management, to the supplier’s development and monitoring are becoming increasingly strategic in the management and development of a company. The new technologies and the shorter deadlines imposed for the introduction of new products have only reinforced this trend.
In addition, the recruitment and performance of procurement executive in companies poses a real challenge due to a lack of knowledge and trainings in this field.
In fact, until now, no cursus dedicated to this field existed in Belgium. Therefore, companies willing to hire this profile had to recruit abroad.
KRONOS GROUP, leader in Procurement services in the Benelux market, wanted to change this and to train our future procurement experts.
This Chair includes 90 hours courses in “Strategic Sourcing and Procurement”. Lessons are given in English and are currently open to 150 students in Business Engineering, Business Management and CEMS. Master 1 will effectively start in September 2018.