Executive Development Programme in Data Analytics for Procurement
-- ViewingNowThe Executive Development Programme in Data Analytics for Procurement is a certificate course designed to empower procurement professionals with data analytics skills. In today's digital age, the ability to interpret and apply data-driven insights is crucial for strategic decision-making and career advancement.
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โข Introduction to Data Analytics for Procurement: Understanding the role of data analytics in procurement, data-driven decision making, and the benefits of data analytics in procurement.
โข Data Collection and Management: Identifying relevant data sources, data collection methods, data cleaning, and data management techniques.
โข Data Analysis Tools and Techniques: Introduction to data analysis tools and techniques, such as descriptive and inferential statistics, data visualization, and data mining.
โข Procurement Analytics: Utilizing data analytics to optimize procurement processes, reduce costs, and improve supplier relationships.
โข Predictive Analytics in Procurement: Using predictive analytics to forecast future procurement needs, identify potential risks, and make data-driven decisions.
โข Prescriptive Analytics for Procurement: Utilizing optimization models and simulation techniques to make informed procurement decisions.
โข Data Privacy and Security in Procurement: Ensuring data privacy and security in procurement processes, including data protection regulations and best practices.
โข Implementing a Data-Driven Procurement Strategy: Developing and implementing a data-driven procurement strategy, including change management and stakeholder engagement.
โข Case Studies in Procurement Analytics: Examining real-world examples of successful data analytics implementations in procurement.
Note: The above units are not ranked by importance, and the number of units can be adjusted based on the length and depth of the programme.
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