Executive Development Programme in Building a Data-Driven Procurement Function
-- ViewingNowThe Executive Development Programme in Building a Data-Driven Procurement Function is a certificate course designed to empower procurement professionals with the essential skills for career advancement. In today's data-driven world, procurement functions that leverage data analytics can gain a competitive edge, reduce costs, and improve supplier relationships.
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⢠Data-Driven Procurement Foundation: Understanding the importance of data in procurement, data sources, data quality assessment, data governance, and data management best practices.
⢠Data Analytics for Procurement: Identifying key performance indicators (KPIs), spend analysis, cost savings analysis, predictive analytics, and prescriptive analytics.
⢠Data Visualization Techniques: Data storytelling, data presentation, dashboard design, and visualization tools such as Power BI, Tableau, and QlikView.
⢠Supplier Relationship Management: Identifying strategic suppliers, supplier segmentation, supplier performance evaluation, risk management, and supplier development.
⢠Contract Lifecycle Management: Contract authoring, contract negotiation, contract execution, and contract administration.
⢠E-Sourcing and Auctions: Setting up e-sourcing events, reverse auctions, and supplier negotiations.
⢠Procurement Process Automation: Robotic process automation (RPA), artificial intelligence (AI), and machine learning (ML) in procurement, automating invoice processing, purchase order management, and three-way matching.
⢠Change Management and Adoption: Change management frameworks, stakeholder management, and overcoming resistance to change.
⢠Procurement Analytics and AI Strategy: Developing an AI strategy, use cases for AI in procurement, and ethical considerations in AI adoption.
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