Course Details
Analytics for Supply Management: Fundamental Concepts & Techniques
Business decisions are only as effective as the information behind them. This course provides supply chain professionals with foundational analytical skills that improve sourcing, supplier management and organizational performance.
Participants learn how to evaluate pricing, conduct market analysis, assess supplier financials and identify improvement opportunities through spend analysis. Hands-on exercises help reinforce practical application and decision-making.
Recommended For
Procurement Professionals • Supply Chain Managers • Financial Managers • Operations Leaders • Contract Managers
What You Will Learn
- Gather and evaluate procurement and supplier data to support informed business decisions
- Analyze supplier pricing and cost structures to improve negotiations and cost visibility
- Conduct supply market analysis to identify opportunities, risks and sourcing strategies
- Evaluate spend data to uncover savings opportunities and improve category performance
- Assess supplier financial performance and risk to support stronger sourcing decisions
- Apply opportunity analysis techniques to prioritize initiatives with the greatest value
- Identify and engage key stakeholders to improve alignment and decision adoption
- Develop action plans based on analytical findings to drive measurable improvements
- Apply cost and price analysis methods to strengthen sourcing outcomes
- Use data-driven insights to improve procurement effectiveness and business results
Virtual Class Schedule:
Day 1 - 10:00 am ET - 1:30 pm ET / 7:00 am PT - 10:30 am PT (3.5 hours), Break for Lunch
Day 1 - 2:30 pm ET - 6:00 pm ET / 11:30 am PT - 3:00 pm PT (3.5 hours)
Day 2 - 10:00 am ET - 1:30 pm ET / 7:00 am PT - 10:30 am PT (3.5 hours), Break for Lunch
Day 2 - 2:30 pm ET - 6:00 pm ET / 11:30 am PT - 3:00 pm PT (3.5 hours)
Member Price: $1,395.00
VIRTUAL CLASS
Date
Dec 2-3, 2026
Location
Terms And Conditions
Virtual Learning Transferals: Registrations are transferable without any charge to another ISM Virtual Learning Course occurring within 12 months of the original purchase. Transferring registrations to another party are subject to price variance or change based on membership status and an additional $50 fee will be incurred. Any bundled purchases are non-refundable.
Cancellations Virtual Learning: Cancellations more than 5 weeks before the date of the course will incur an administrative charge of 50 percent. Cancellation within 5 weeks of the date of the event will be charged the full fee. You must notify ISM in writing of a cancellation. Any bundled purchases are non-refundable.
Tax Deduction: The Internal Revenue Service may permit an income tax deduction to U.S. residents for expenses (including registration fees, travel costs, meals and lodging) incurred in pursuit of continuing professional education. Consult your tax adviser for details.