Executive Development Programme in Procurement Analytics Techniques
-- ViewingNowThe Executive Development Programme in Procurement Analytics Techniques is a certificate course designed to provide learners with essential skills for career advancement in procurement analytics. This programme focuses on the importance of data-driven decision-making in procurement and teaches learners how to leverage data analytics techniques to optimize procurement processes, reduce costs, and improve supplier relationships.
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⢠Introduction to Procurement Analytics: Understanding the role of data analysis in procurement, data-driven decision making, and the benefits of procurement analytics.
⢠Data Collection and Management: Identifying and gathering relevant procurement data, data cleaning, and data management techniques.
⢠Data Analysis Tools and Techniques: Overview of data analysis tools such as Excel, SQL, R, and Python, and techniques such as data visualization, regression analysis, and statistical process control.
⢠Spend Analysis: Techniques for analyzing and categorizing spend data, identifying spend trends, and developing strategies to optimize spend.
⢠Supplier Analysis and Performance Management: Analyzing supplier data, evaluating supplier performance, and developing strategies to improve supplier relationships.
⢠Contract Analysis and Management: Analyzing contract data, identifying areas for improvement, and developing strategies for contract management.
⢠Risk Analysis and Mitigation: Identifying and analyzing procurement risks, and developing strategies for risk mitigation.
⢠Cost Analysis and Savings Tracking: Analyzing cost data, identifying cost-saving opportunities, and tracking cost savings.
⢠Procurement Analytics Strategy and Implementation: Developing a procurement analytics strategy, implementing analytics tools and techniques, and measuring the impact of procurement analytics on business performance.
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