Procurement KPI’s & Business Acumen (4-Part Series)

Learn to use the best procurement KPI’s and develop your business acumen 

Why is it so rare for procurement professionals like you to get promoted to executive management positions?

After all, there is no shortage of procurement professionals who boost their organizations’ profits by negotiating great cost savings, right?

Well, many procurement professionals lack two major qualities that prevent them from achieving higher levels of success.   One of those qualities is the ability to properly use key performance indicators (KPI’s) for maximum procurement success. The other quality is business acumen – broad business skills and a way of thinking that brings unprecedented value to an organization.

Traditionally there has been little to no help for procurement professionals who want to develop those qualities, but that has finally changed!   You can now learn how to use procurement KPI’s properly and develop the business acumen that helps to elevate professionals to the top of their organizations. How? By taking our four-part online Express Course series, “Procurement KPI’s & Business Acumen.


A procurement professional reviews procurement kpis

CEHs: 4

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A procurement professional reviews procurement kpisProcurement KPI’s & Business Acumen (4-Part Series)

Learn to use the best procurement KPI’s and develop your business acumen 

Why is it so rare for procurement professionals like you to get promoted to executive management positions?

After all, there is no shortage of procurement professionals who boost their organizations’ profits by negotiating great cost savings, right?

Well, many procurement professionals lack two major qualities that prevent them from achieving higher levels of success.   One of those qualities is the ability to properly use key performance indicators (KPI’s) for maximum procurement success. The other quality is business acumen – broad business skills and a way of thinking that brings unprecedented value to an organization.

Traditionally there has been little to no help for procurement professionals who want to develop those qualities, but that has finally changed!   You can now learn how to use procurement KPI’s properly and develop the business acumen that helps to elevate professionals to the top of their organizations. How? By taking our four-part online Express Course series, “Procurement KPI’s & Business Acumen.

You will learn:

  • What business acumen is and why it is essential for procurement success
  • The mindset required to successfully adapt business and procurement practices from other industries
  • The definitions, differences, and value of Key Result Indicators and Key Performance Indicators
  • How KPI’s are used in the business world, including outside of the procurement profession
  • What the Procurement Funnel™ is and how it is used
  • 5 procurement Key Result Indicators
  • 4 synergistic and critical procurement KPI’s, their fine details, and how to use them to maximize your cost savings
  • How to calculate and establish baselines for the 4 critical procurement KPI’s
  • The factors that prevent the achievement of a procurement department’s cost savings potential
  • How synergistic KPI’s can be used to create a compound effect on business results
  • The importance of taking a comprehensive approach to improving multiple KPI’s at once
  • Techniques that can be applied to improve performance in KPI areas and increase cost savings
  • How to influence senior management to give you the support necessary to improve procurement performance
  • How to improve procurement productivity
  • Techniques for achieving a higher percentage of cost savings on sourced categories
  • How to influence internal customers and improve their compliance with procurement contracts, thereby reducing maverick spend
  • And more!

How This Online Express Course Works

  • Start this on-demand Express Course any time after you enroll; there’s no pre-scheduled start date!
  • This course has 1 lesson; it will take you between 30-60 minutes to complete.
  • Progress through the course at your own pace.
  • Learn best practices and processes designed so that you can apply your new skills in the real world!

What are others saying about this Express Course?

“This course is a much for every procurement professional. I am sure there something in this that will be helpful to you.”

Johannes Kastiel
Warehouse Manager
Suriname

Read more reviews and see ratings from purchasing professionals who completed Procurement KPI’s & Business Acumen

Ready to enroll?

 

Procurement KPI’s & Business Acumen (4-Part Series)

Number of  Express Courses: 4

Length of Training: ~ 4 Hours

Duration of Access: 30 days

Start Date: Access begins as soon as you enroll

Cost: $76 US

Enroll Now