Special Courses

Training Course: Data-Driven Procurement: Empowering Strategic Decision-Making Through Analytics


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SC235340

12 - 16 Jan 2025

Cairo (Egypt)

Hotel : Holiday Inn & Suites Cairo Maadi, an IHG Hotel

Cost : 3575 € Euro

Introduction

Data analysis plays a crucial role in modern procurement practices, enabling organizations to make informed decisions, optimize processes, and drive efficiency. In today's dynamic business environment, procurement professionals need to leverage data effectively to enhance their strategic sourcing, supplier management, and cost-saving initiatives. This comprehensive 5-day training program is designed to equip participants with the necessary skills and knowledge to perform data analysis and analytics specifically tailored for procurement.

Objectives

  • Provide participants with a solid understanding of data analysis principles and techniques relevant to procurement.

  • Familiarize participants with various types of procurement data and their significance in driving procurement decisions.

  • Equip participants with practical skills to collect, clean, and validate procurement data from diverse sources.

  • Introduce participants to statistical analysis methods, data mining techniques, and predictive analytics applicable to procurement.

  • Enable participants to utilize data visualization tools and techniques to communicate insights effectively to stakeholders.

  • Empower participants to apply advanced analytics concepts to tackle real-world procurement challenges and optimize decision-making processes.

Target Audience

This training program is ideal for procurement professionals at all levels, including:

  • Procurement managers and directors

  • Strategic sourcing specialists

  • Supplier relationship managers

  • Contract managers

  • Procurement analysts

  • Supply chain professionals interested in procurement analytics

Outline

Day 1: Introduction to Data Analysis and Procurement

  • Overview of data analysis and its importance in procurement.

  • Introduction to key concepts in procurement analytics.

  • Understanding different types of data in procurement (e.g., spend data, supplier data, contract data).

  • Hands-on exercise: Exploring procurement datasets using Excel or similar tools.

  • Introduction to data visualization techniques for procurement analytics.

  • Case study discussion: Real-world examples of how data analysis can drive procurement decisions.

Day 2: Data Collection and Cleaning

  • Techniques for collecting procurement data from various sources (e.g., ERP systems, supplier databases).

  • Best practices for data validation and cleaning.

Day 3: Data Analysis Techniques

  • Introduction to statistical analysis methods for procurement data.

  • Exploratory data analysis techniques.

  • Regression analysis for procurement forecasting.

  • Introduction to data mining techniques for procurement insights.

Day 4: Advanced Analytics in Procurement

  • Introduction to predictive analytics in procurement.

  • Machine learning applications in procurement (e.g., supplier risk prediction, demand forecasting).

  • Optimization techniques for procurement decision-making.

  • Case study: Applying advanced analytics techniques to real-world procurement challenges.

Day 5: Data Visualization and Communication

  • Principles of effective data visualization for procurement analytics.

  • Tools for data visualization (e.g., Tableau, Power BI).

  • Storytelling with data: Communicating insights effectively to stakeholders.

Special Courses

Training Course: Data-Driven Procurement: Empowering Strategic Decision-Making Through Analytics


Register Now
Quick Inquiry
Discount Group Download Brochure (38)

SC235340

12 - 16 Jan 2025

Cairo (Egypt) - Holiday Inn & Suites Cairo Maadi, an IHG Hotel

Hotel : Holiday Inn & Suites Cairo Maadi, an IHG Hotel

Cost: 3575 € Euro


  About Cairo

Cairo is a mesmerizing assortment of iconic monuments, bustling markets, and ancient sites encircled by a vast and sprawling metropolis. At its core lies a maze-like medieval quarter. A world away from the modern side of the city, it boasts a seductive blend of intricate mosques, jostling crowds, madrasas, and traditional hammams. No visit could be complete without visiting the awe-inspiring Giza Pyramids that preside over the city's horizon. Whether you come to delve into the city's ancient past, dive into colorful souqs, sip mint tea and contemplate thousands of years of history or explore the city's cosmopolitan side, you'll be left with memories to last a lifetime.


  Things to do and places to visit in Cairo

The multi-layered capital of Egypt offers its visitors lively markets, authentic restaurants, and a multitude of ancient sights and archeological findings. Gaze in wonder at the Pyramids, take an awe-inspiring look at Tutankhamen's burial mask, shop for handmade souvenirs in the bazaars or hop on a sunset cruise down the Nile and embrace the sensory overload that is Cairo.

Take a vacation in Cairo and you can:

  • Visit the Great Sphinx of Giza, one of Ancient Egypt's great mysteries.
  • Explore the ramparts of the Salah El-Din Citadel.
  • Join locals drinking coffee at Fishawi Café, one of Cairo's first cafes and most important meeting spots.
  • Marvel at the seemingly endless historical artifacts on display at the Egyptian Museum.
  • Learn about the Ummayad, Ottoman, and Ayyubbid dynasties and more at the Museum of Islamic Art.
  • Haggle for souvenirs and gifts at the Khan el-Khalili souk.
  • See one of the world's oldest universities at the Al-Azhar Mosque, one of the city's original mosques.
  • Take a tour of the showstopping Giza pyramids.
  • Savor local cuisine such as mezze in the old city.
  • Wander through the labyrinth-like streets of Coptic Cairo, the city's ancient quarter, and spot Roman relics.
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