Global Certificate in Top Procurement Metrics
-- ViewingNowThe Global Certificate in Top Procurement Metrics course is a vital program for professionals seeking to enhance their procurement skills and advance their careers. This course focuses on the key performance indicators (KPIs) used in procurement, providing learners with a deep understanding of how to measure and analyze procurement performance.
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โข Procurement Metrics Fundamentals: An introduction to the key concepts and principles of procurement metrics, including their importance, benefits, and challenges. This unit will cover the basic terminology and frameworks used in procurement metrics.
โข Spend Analysis and Visibility: This unit will focus on the importance of spend analysis in procurement, including the various techniques and tools used to collect, categorize, and analyze spend data. The unit will also cover the benefits of spend visibility and how it can be used to improve procurement performance.
โข Cost Savings and Avoidance: This unit will cover the various methods used to measure and track cost savings and avoidance in procurement, including price reductions, volume discounts, and process improvements. The unit will also discuss the limitations and challenges of cost savings metrics.
โข Supplier Performance Management: This unit will focus on the importance of supplier performance management in procurement, including the various metrics used to evaluate supplier performance, such as quality, delivery, and responsiveness. The unit will also cover best practices for supplier performance management.
โข Procurement Process Efficiency: This unit will cover the various metrics used to measure the efficiency and effectiveness of procurement processes, such as cycle time, lead time, and process yield. The unit will also discuss the benefits of process improvement and automation in procurement.
โข Risk Management and Compliance: This unit will focus on the role of procurement in managing risk and ensuring compliance with regulations, standards, and policies. The unit will cover the various metrics used to measure risk and compliance, such as risk exposure, compliance rate, and incident frequency.
โข Procurement Organization and Talent Management: This unit will cover the various metrics used to evaluate the performance of procurement organizations and talent, such as employee engagement, turnover rate, and training and development programs. The unit will also discuss the benefits of diversity, equity, and inclusion in procurement.
โข Procurement Technology and Analytics: This unit will focus
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