Data, analytics, and technology are transforming the way supply chain management is approached. This workshop will challenge students to redesign a transactional supply management structure in a multi-billion dollar company to a strategic organization. By leveraging data analytics, professionals and leaders can gain valuable insights into their supply chain operations, detect anomalies, benchmark operations, and optimize strategic sourcing relationships. As the lines between the digital and physical worlds continue to blur, it is essential for organizations to invest in effective analytics to mine data for valuable, proactive insights and accelerate intelligent decision-making. Technologies like AI, machine learning, and predictive analytics can be used to automate supply chain processes and create new customer experiences that increase satisfaction and boost sales. Students will explore using data, analytics and technology to transform the strategic effectiveness of corporation’s supply chain as measured by profit & loss statements, balance sheets, industry benchmarks, and emerging economies.
This immersive experience will enable students to:
- Explore how to design a strategic organization through data cleansing, spend analysis, benchmarking, and talent development.
- Gain insight into aligning data, technology and business objectives to achieve organizational results.
- Learn to cleanse, harmonize and categorize complex supplier datasets.
- Discover data and technology strategies to optimize spend segmentation, organizational structure, cost savings, and inventory profiles.
- Realize technology solutions to map supplier baselines for Scope 3 carbon emission improvements, global risk factors and should-cost modeling.
- Explore the use of Generative AI to create strategies and action plans within dirty data sets, negotiation preparation, risk mapping and cost reduction.
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)
Who Should Attend
This supply management training is ideal for proficient and advanced level professionals, managers, and directors involved in the end-to-end aspects of procurement. You will discover tools to gain insight across the entire supply chain that will enable strategic value to your company, your stakeholders and your suppliers.