Boost performance by leveraging your purchase data. Learn to analyze and utilize data effectively for improved decision-making and strategic advantage.
40% of procurement decision-makers believe that better visibility and analytical capabilities on data will enable them to create more value. This is especially true in the context of recurring crises, which put pressure on supply chains.
Beyond merely reducing costs, the procurement function is now scrutinized for its ability to better understand markets, make smarter purchases, capture innovation through sourcing, and manage supplier risk. This is compounded by the increasing complexity of the procurement process, with exploding data volumes and a need for extreme responsiveness.
By the end of this training, you will understand how Data Science and AI can be used to enhance the procurement function.
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