An Intensive 5-day Training Course
Mini MBA in Digital Transformation in Procurement and Supply Chain
Navigating Disruption with Innovative Strategies
Course Introduction
In today's rapidly evolving business landscape, digital transformation has become a critical driver of success in procurement and supply chain management. This Mini MBA in Digital Transformation in Procurement and Supply Chain training course is designed to equip professionals with the knowledge and tools needed to harness the power of digital technologies, navigate disruption, and drive innovation in procurement and supply chain operations.
This Mini MBA in Digital Transformation in Procurement and Supply Chain comprehensive training course will immerse you in the world of digital procurement and supply chain transformation, exploring strategies that leverage cutting-edge technologies to optimize processes, enhance collaboration, and achieve sustainable competitive advantage.
This Oxford management Centre training course on Digital Transformation in Procurement and Supply Chain offers a deep dive into the strategies, tools, and practices that empower organizations to embrace digital disruption and thrive in an ever-changing environment. Participants will gain insights into:
- Digital Procurement Landscape: Understanding the impact of digitalization on procurement and supply chain operations and exploring emerging trends and technologies.
- Strategic Sourcing in the Digital Age: Leveraging data analytics, AI, and machine learning to enhance supplier selection, negotiation, and contract management.
- Procure-to-Pay Automation: Streamlining purchase requisitions, approvals, and invoice processing through end-to-end automation.
- Supply Chain Visibility and Predictive Analytics: Utilizing real-time data and analytics to gain insights into demand patterns, optimize inventory management, and mitigate disruptions.
- Digital Procurement Platforms and Marketplaces: Exploring the benefits of digital marketplaces and platforms for procurement efficiency and supplier collaboration.
- Collaborative Supplier Relationships: Using digital tools to foster stronger relationships with suppliers, enhance communication, and drive innovation.
- Risk Management in a Digital World: Addressing cybersecurity, data privacy, and supply chain vulnerabilities in the digital era.
- Sustainable and Ethical Procurement through Technology: Integrating digital solutions to ensure responsible sourcing and environmentally conscious supply chains.
Objectives
This immersive Mini MBA in Digital Transformation in Procurement and Supply Chain training experience blends theoretical concepts with hands-on practical exercises, case studies, and interactive discussions. The training course is designed to facilitate active learning, engagement, and application of digital procurement and supply chain strategies. Participants will engage in dynamic group discussions, real-world simulations, and scenario-based exercises, enabling them to directly apply the learned concepts to their professional roles.
- Comprehend the digital landscape of procurement and supply chain management and its implications.
- Apply data-driven decision-making in strategic sourcing and procurement operations.
- Implement end-to-end automation of procurement processes for improved efficiency.
- Utilize predictive analytics for better supply chain visibility and risk mitigation.
- Engage with e-procurement platforms and digital marketplaces effectively. • Foster collaborative relationships with suppliers through digital tools.
- Implement cybersecurity and risk management strategies in digital procurement.
- Integrate sustainability and ethical considerations into digital procurement practices.
Training Methodology
This immersive Mini MBA in Digital Transformation in Procurement and Supply Chain training experience blends theoretical concepts with hands-on practical exercises, case studies, and interactive discussions. The program is designed to facilitate active learning, engagement, and application of digital procurement and supply chain strategies. Participants will engage in dynamic group discussions, real-world simulations, and scenario-based exercises, enabling them to directly apply the learned concepts to their professional roles.
Organisational Impact
The organization will experience a range of benefits from participating in this Mini MBA in Digital Transformation in Procurement and Supply Chain training course, including:
- Digital Agility and Resilience: Equipping the organization with the tools and strategies needed to adapt to digital disruptions and seize new opportunities.
- Operational Efficiency: Streamlining procurement and supply chain processes through automation and data-driven decision-making, leading to reduced costs and enhanced productivity.
- Enhanced Supplier Collaboration: Leveraging digital tools to establish transparent, efficient, and innovative relationships with suppliers, driving mutual success.
- Strategic Innovation: Empowering teams to identify and implement innovative digital solutions that create a competitive edge in the market.
- Sustainability Integration: Embedding sustainability considerations into procurement and supply chain practices through digital technologies, contributing to corporate social responsibility.
Personal Impact
Upon completing this Mini MBA in Digital Transformation in Procurement and Supply Chain training course, participants will gain:
- Expertise in Digital Procurement: Acquiring comprehensive knowledge of digital technologies and their application in procurement and supply chain management.
- Strategic Vision: Developing the ability to align digital strategies with organizational goals and stay ahead of industry trends.
- Leadership Opportunities: Nurturing skills that position participants as leaders capable of driving digital transformation initiatives.
- Problem-Solving Prowess: Enhancing analytical and problem-solving skills to address complex challenges in the digital procurement landscape.
- Confidence in Innovation: Gaining the confidence to explore and implement innovative digital solutions that contribute to personal and organizational success.
Who Should Attend?
This Mini MBA in Digital Transformation in Procurement and Supply Chain training course is ideal for professionals across various industries, especially:
- Procurement and Supply Chain Managers and Professionals • Sourcing and Category Managers
- Supply Chain Planners and Analysts
- Operations Directors and Managers
- Technology and IT Managers in Procurement
- Sustainability and CSR Managers
- Finance and Budgeting Professionals
- Project Managers involved in Procurement Initiatives
- Executives and Decision-Makers
Course Outline
Day 1
Introduction to Digital Transformation in Procurement and Supply Chain
- Understanding the digital landscape
- The impact of digital on procurement and supply chain management.
- Emerging trends, technologies, and their implications for organizations.
- Exploring the strategic role of digitalization in achieving competitive advantage.
Day 2
Strategic Sourcing and Supplier Relationship Management
- Leveraging data analytics why now?
- AI in supplier selection and negotiation.
- Contract management and performance measurement in the digital era.
- Utilizing digital tools for collaborative supplier relationships and innovation.
Day 3
Procure-to-Pay Automation and Digital Procurement Platforms
- Streamlining purchase requisitions, approvals, and invoice processing through automation.
- Exploring the benefits of digital procurement platforms and digital marketplaces.
- Case studies showcasing successful adoption of digital procurement platforms.
Day 4
Supply Chain Visibility and Risk Management
- Utilizing predictive analytics for demand forecasting and inventory optimization.
- Addressing supply chain vulnerabilities
- Risk mitigation in the digital age.
- Real-time data-driven decision-making for agile supply chain management.
Day 5
Sustainability, Ethics, and Digital Procurement
- Integrating sustainable and ethical considerations into digital procurement practices.
- Responsible sourcing, environmental impact, and social responsibility.
- Developing a roadmap for digital transformation in procurement and supply chain.
- Change management strategies to drive successful digital adoption.
- Fostering a culture of innovation and continuous improvement.
Certificate
Oxford Management Centre Certificate will be provided to delegates who successfully completed the training course.
In association with
