Advanced Certificate in Digital Procurement Module 1: Procurement Data Analytics and Performance Measurement (Synchronous E-Learning)

About This Course

As organisations increasingly embrace digitalisation to streamline their procurement processes, staying abreast of the latest developments is paramount for procurement professionals. This certificate programme is designed to equip procurement professionals with the knowledge and skills needed to navigate this dynamic landscape effectively. Covering essential modules such as procurement data analytics, cybersecurity, change management, and electronic procurement systems, this course provides participants with a comprehensive understanding of digital procurement's intricacies and its transformative impact on organisational success.

Data analytics has emerged as the cornerstone of modern procurement strategies, enabling organisations to extract actionable insights from vast volumes of data. From predictive modelling to real-time performance monitoring, the latest developments in data analytics are reshaping how procurement operates.

Module 1 provides an in-depth understanding of the role of data analytics and performance measurement in procurement. Participants will learn how to leverage data analytics tools and techniques to optimise procurement processes, make informed decisions, and drive cost savings. Participants will also explore best practices (including managing procurement key performance indicators) for implementing data-driven decision-making processes within their organisations to enhance procurement outcomes.