Executive Development Programme Procurement: Data-Driven Strategy

Name: Executive Development Programme Procurement: Data-Driven Strategy
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The Executive Development Programme in Procurement: Data-Driven Strategy is a certificate course designed to empower professionals with essential skills for strategic procurement. This programme emphasizes the importance of data-driven decision-making in procurement, a critical aspect of modern supply chain management.

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AboutThisCourse

In today's data-driven world, there is an increasing industry demand for procurement professionals who can leverage data analytics to drive business growth and efficiency. This course equips learners with these skills, enabling them to optimize procurement processes, reduce costs, and improve supplier relationships. By the end of this course, learners will be able to use data analytics tools and techniques to make informed procurement decisions, negotiate effectively with suppliers, and develop robust procurement strategies. This will not only enhance their career prospects but also contribute significantly to their organizations' bottom line.

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CourseDetails

• Data Analysis for Procurement: Understanding data-driven decision making and its impact on procurement. This unit will cover data collection, cleaning, and analysis techniques.
• Procurement Metrics and KPIs: Defining and measuring key performance indicators for procurement success. This unit will cover financial and non-financial metrics, and how to use them to drive strategy.
• Spend Analysis: Identifying opportunities for cost savings and value creation through spend analysis. This unit will cover data visualization techniques and how to use spend data to inform procurement decisions.
• Supplier Relationship Management: Building and maintaining effective relationships with suppliers. This unit will cover data-driven supplier segmentation, performance measurement, and risk management.
• Contract Management: Negotiating and managing effective contracts with suppliers. This unit will cover data-driven contract development, execution, and monitoring.
• Category Management: Defining and managing procurement categories to maximize value and minimize risk. This unit will cover data-driven category strategy development and implementation.
• Strategic Sourcing: Developing and implementing a data-driven strategic sourcing process. This unit will cover opportunity assessment, market research, and supplier selection.
• Procurement Technology: Utilizing technology to streamline procurement processes and improve data-driven decision making. This unit will cover e-sourcing, e-invoicing, and e-procurement systems.
• Change Management: Leading and managing change in procurement. This unit will cover data-driven change management strategies and techniques.

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EntryRequirements

BasicUnderstandingSubject
ProficiencyEnglish
ComputerInternetAccess
BasicComputerSkills
DedicationCompleteCourse

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FastTrack GBP £140

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AcceleratedLearningPath

ThreeFourHoursPerWeek
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StandardMode GBP £90

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TwoThreeHoursPerWeek
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EXECUTIVE DEVELOPMENT PROGRAMME PROCUREMENT: DATA-DRIVEN STRATEGY

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London School of International Business (LSIB)

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05 May 2025

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