Course Details
Advanced Analytics: A Hands-On Procurement Strategy Workshop
Data, analytics and emerging technologies are transforming how organizations manage procurement and supply chains. This course helps professionals move beyond transactional activities and leverage analytics to create strategic impact.
Participants learn how to cleanse and analyze complex datasets, benchmark performance, evaluate supplier risks and apply technologies such as AI and predictive analytics to improve decision-making. Through practical exercises and real-world scenarios, you will develop strategies that strengthen procurement effectiveness and improve organizational performance.
Recommended For
Procurement Managers • Category Managers • Strategic Sourcing Professionals • Supply Chain Leaders • Analytics Professionals
What You Will Learn
- Design data-driven procurement strategies to align decisions with business goals and maximize value
- Cleanse, harmonize and categorize supplier and spend data to improve visibility and decision quality
- Apply benchmarking techniques to evaluate procurement performance and identify improvement opportunities
- Align analytics initiatives with business objectives to drive measurable outcomes
- Analyze spend data to uncover savings opportunities and optimize sourcing strategies
- Leverage technology solutions to improve supplier visibility, efficiency and performance
- Evaluate supplier risks, emissions impacts and cost drivers to strengthen decision-making
- Apply should-cost modeling to improve negotiations and cost management outcomes
- Use AI tools to accelerate strategy development and identify new opportunities
- Develop action plans that transform procurement operations from transactional to strategic
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
Apr 7-8, 2027
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.