Strategic Procurement in a Digital World (Competence)

'Procurement and supply management within thesupply chain has become strategic, with anemphasis on creating solutions, collaborationand resilience, Procurement has shifted fromjust cost cutting to being a revenue and profitdriver. With the advent of IT, data, and newtechnologies, procurement processes andpractices have continued to evolve.The course aims to provide participants with theknowledge of how strategic sourcing is criticalfor successful procurement outcomes, andunderstanding the elements that go into asituation analysis for strategic productpurchases. Through hands on exercises andcase studies, participants will learn how to applythese concepts in a sourcing cycle.'