Advanced Certificate in Digital Procurement Module 3: Leveraging the Internet of Things in Procurement (Synchronous E-Learning)

Training Provider: SINGAPORE MANAGEMENT UNIVERSITY
Course Reference: TGS-2024051210
S$600
Original: S$2,000
Save S$1,400

About This Course

The integration of Internet of Things (IoT) technology into procurement processes has emerged as a transformative force, offering unprecedented opportunities to revolutionise traditional practices. From understanding IoT sensors and predictive analytics to exploring real-time monitoring, smart contracts, and data security considerations, Module 3 equips procurement professionals with the latest insights and strategies in IoT adoption to optimise supply chains, enhance efficiency, and drive innovation.

What You'll Learn

At the end of the 2-day module, participants will be able to:
• Gain an overview of the Internet of Things (IoT) and its relevance to procurement
• Utilise IoT sensors and devices in procurement systems and workflows
• Utilise real-time monitoring to track shipment and inventory levels
• Improve procurement decision-making through predictive analytics models
• Learn how smart contracts and IoT-enabled payment systems streamline transactional processes to ensure transparency, efficiency, and trust
• Monitor supplier performance and improve collaboration with suppliers
• Implement best practices to address data security and privacy challenges associated with IoT in procurement

Entry Requirements

Nil

Course Details

Duration 17 hours
Language English
Training Commitment Not specified
Total Enrolled New course
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Note: To apply for this course, visit the SkillsFuture website or contact the training provider directly.

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