Programme outline
Learning objectives
By the end of this course, participants will be able to:
- Understand key procurement Key Performance Indicator (KPIs) and performance metrics
- Interpret spend data for savings, compliance, and category insights
- Use dashboards to visualise procurement performance
- Segment suppliers using performance and risk indicators
- Apply scorecards to monitor procurement and supplier outcomes
- Build a simple procurement dashboard using Looker Studio or Power Business Intelligence (BI)
- Communicate insights effectively to business stakeholders
- Apply data insights to improve procurement decisions
Day 1
- Role of data in modern procurement
- Cost, value, risk, compliance, and sustainability metrics
- Leading vs lagging indicators
- Common KPI misuse and reporting traps
- What procurement data really looks like in organisations
- Spend categorisation and taxonomy basics
- Data quality challenges and limitations
- Preparing data for meaningful analysis
- Purpose of dashboards vs static reports
- Key dashboard design principles
- Common procurement dashboard layouts
- Interpreting dashboard outputs
Day 2
- Identifying savings opportunities using data
- Compliance and leakage analysis
- Category-level insights and prioritisation
- Translating spend data into actions
- Supplier performance dimensions
- Risk, dependency, and value segmentation
- Data inputs for supplier evaluation
- Limits of quantitative scoring
- Designing procurement and supplier scorecards
- KPI selection and weighting
- Tracking trends over time
- Linking scorecards to governance and reviews
Day 3
- Build a simple, decision-ready procurement dashboard using a prepared spend dataset, focusing on insight, not technical depth.
- Turning dashboards into business narratives
- Reporting insights in management language
- Using data to support sourcing and supplier decisions
- Assessment briefing and expectations
- Module Review & Assessment
- Structured recap of key frameworks and concepts
- Open Q&A and clarification
Assessment
- In-class participation
- Individual assessment
- Group work