* All fees are exclusive of vat ** PREMIUM - Customize your learning experience
Strategic Procurement and Procurement Analysis incorporates actions aimed at reducing the supplier base, negotiations, communication, and maintaining long-term relationships with suppliers. Mastery of Procurement provides a competitive advantage to all companies.
This Procurement Analysis course provides delegates with practical Procurement skills that provide a competitive edge across their relevant sectors. This course program includes how to analyze procurement processes for effective decision-making. This Procurement Analysis course allows anyone who wants to explore the key topics and opportunities for utilizing analytics in procurement.
What Do Participants Learn?
Equip With The Strategic Tools And Models For Enhanced Commercial Skills And Buyer-seller Interactions
Effectively Reduce Costs From Your Business Whilst Minimizing Business And Operational Risks To Add Value And Improve Profitability
Tools And Useful Information About Procurement Analytics
Define Value For Money And Design Evaluation Mechanisms To Select The Best Offer In An Agnostic And Transparent Way
Why Is Analytics Valuable For Procurement?
How To Select Suppliers And Manage Procurement Process
What Are The Examples Of Procurement Analytics?
What Are The Most Important Procurement Metrics And KPIs?
What Are The Key Sources Of Procurement Data?
Who Should Attend?
Procurement Officers/ Managers
Contracting Officers/ Managers
Supply Chain Professionals
Those Who Are Involved In The Planning, Evaluation, Preparation And Management Of Purchasing, Tenders, Contracts That Cover The Acquisition Of Materials, Equipment, And Services
What Will the Learning Experience Include?
Comprehensive pre-program activities include:
Web-based information forms & surveys completed by attendee.
Direct consultation with the attendee about the expectations.
During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
Participants learn from expert trainers who have both academic and business experiences.
Highly applicable training content & instructive activities for adding depth to training topics.
**A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.
Explore & Practice
Apply & sustain the learning experience by using this ongoing support:
To ensure participant has new skills or behavior progress.
Optional, fee-based mentoring & coaching with the trainer.
Training materials & additional documents (e-books, pdf files, presentations and articles)
Evaluate your training experience by giving us feedbacks and help us to reach our organizational goals.
Section One: Procurement Processes
What is Procurement
Procurement In The Organization
Defining Procurement Excellence
Planning Procurements Outcomes Is Critical For Success.
Engaging With Business Stakeholders
Reviewing The Supply Market
Designing The Market Approach
Engaging The Market
Supplier Evaluation And Performance
Apply Performance To Procurement Decisions
Matching The Rigour Of The Process To Complexity
What is Procurement Analytics?
Procurement Analysis And Classification
Types of Procurement Analysis
Value of Analytics in Procurement
Sources of Procurement Data
Examples of Procurement Analytics
Business Cases for Procurement Analytics
Balanced Scorecard for Procurement
Procurement Metrics and KPIs
Category Management and Analysis
Three Steps of Procurement Analytics: Data Extraction, Classification, Data Analysis