Executive Development Programme in Procurement for Smart Factories
-- viewing nowThe Executive Development Programme in Procurement for Smart Factories is a certificate course designed to empower professionals with the necessary skills to excel in the rapidly evolving world of smart factories. This programme emphasizes the importance of procurement in the digital age and how it can drive efficiency, innovation, and growth.
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Course Details
• Unit 1: Introduction to Procurement in Smart Factories – Understanding the role of procurement, smart factories, and the impact of digitalization on procurement processes. • Unit 2: Strategic Sourcing for Smart Factories – Analyzing spend data, identifying sourcing categories, and developing strategic relationships with suppliers. • Unit 3: Category Management for Smart Factories – Managing indirect and direct categories, including raw materials, components, and services. • Unit 4: Contract Management & Negotiation for Smart Factories – Developing and managing contracts with suppliers, including negotiation strategies and tactics. • Unit 5: Procurement Technology & Systems for Smart Factories – Overview of procurement technology solutions, including e-sourcing, e-procurement, and supplier relationship management (SRM) systems. • Unit 6: Risk Management in Procurement for Smart Factories – Identifying and mitigating risks in the procurement process, including supply chain disruptions and cybersecurity threats. • Unit 7: Sustainability & Social Responsibility in Procurement for Smart Factories – Integrating sustainability and social responsibility considerations into the procurement process. • Unit 8: Supplier Relationship Management for Smart Factories – Developing and managing strategic supplier relationships, including performance measurement and continuous improvement. • Unit 9: Procurement Analytics for Smart Factories – Using data analytics to drive procurement performance, including spend analysis, cost savings tracking, and predictive analytics.
Career Path
Entry Requirements
- Basic understanding of the subject matter
- Proficiency in English language
- Computer and internet access
- Basic computer skills
- Dedication to complete the course
No prior formal qualifications required. Course designed for accessibility.
Course Status
This course provides practical knowledge and skills for professional development. It is:
- Not accredited by a recognized body
- Not regulated by an authorized institution
- Complementary to formal qualifications
You'll receive a certificate of completion upon successfully finishing the course.
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