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Procurement Analytics & Performance Management

Procurement analytics and performance management enable organisations to make data-driven sourcing decisions, improve cost efficiency, enhance supplier performance, and strengthen procurement governance. In modern procurement environments, data visibility and performance [...]

  • Course ID: LCP 016
  • Delivered by London Elite Training

– Course Overview

Procurement analytics and performance management enable organisations to make data-driven sourcing decisions, improve cost efficiency, enhance supplier performance, and strengthen procurement governance. In modern procurement environments, data visibility and performance intelligence are essential for strategic decision-making.

This programme equips participants with procurement data analytics techniques, KPI frameworks, performance measurement systems, and reporting methodologies required to optimise procurement operations and improve organisational value delivery.

– Learning Outcomes

By the end of this programme, participants will be able to:

  • Apply procurement analytics and data interpretation techniques
  • Design procurement KPIs and performance frameworks
  • Improve spend analysis and cost optimisation systems
  • Strengthen supplier performance measurement approaches
  • Enhance procurement reporting and dashboard systems
  • Support data-driven procurement decision-making
  • Improve procurement efficiency and transparency
  • Develop procurement performance improvement plans

– Who Should Attend?

  • Procurement Analysts and Managers
  • Supply Chain Professionals
  • Finance and Cost Control Teams
  • Contract Managers
  • Operations and Strategy Professionals
  • Senior Procurement Executives
  • Course Outline
DAY 01
Foundations of Procurement Analytics
  • Role of data in procurement decision-making
  • Types of procurement data and sources
  • Spend analysis fundamentals
  • Procurement metrics and performance indicators
  • Data quality and governance principles
  • Introduction to procurement dashboards
DAY 02
Spend Analysis & Cost Intelligence
  • Spend classification methodologies
  • Cost breakdown and benchmarking techniques
  • Supplier spend mapping
  • Category spend analysis frameworks
  • Cost leakage identification
  • Procurement savings tracking systems
DAY 03
KPI Design & Performance Measurement
  • Procurement KPI development frameworks
  • Supplier performance indicators
  • Contract performance metrics
  • Service level measurement systems
  • Benchmarking procurement performance
  • Performance reporting structures
DAY 04
Supplier & Contract Performance Analytics
  • Supplier evaluation systems
  • Contract compliance measurement
  • Performance deviation analysis
  • Risk indicators in supplier performance
  • Predictive procurement analytics
  • Continuous improvement systems
DAY 05
Procurement Intelligence & Executive Reporting
  • Dashboard design and reporting systems
  • Executive procurement reporting frameworks
  • Data-driven decision-making models
  • Procurement performance simulation
  • Strategic improvement planning
  • Final analytics presentation exercise

Duration

  • 5 Days

In Person (Special Discount for this period only!)

  • £ 4,500
  • 3,950

Online (Special Discount for this period only!)

  • £ 2,300
  • 1,750
  • Global Locations
  • London
  • Dubai
  • Barcelona
  • Paris
  • USA
  • Online
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Corporate groups of 2+ are eligible for a 15% discount. Enquire here

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