Course presentation

Course Description:

Are you ready to unlock the full potential of your procurement strategy? We are thrilled to introduce our comprehensive online course on Spend Analysis, exclusively available on the renowned procurement training platform, Learn How to Source. 


What is Spend Analysis?

Spend analysis is the process of collecting, cleansing, classifying, and analyzing expenditure data with the goal of reducing costs, improving efficiency, and monitoring compliance. It is a critical component of strategic procurement, offering insights that support negotiation strategies, supplier consolidation, and budgeting efforts.


Learning Objectives:

In this course we: 

  • define Spend Analyses, 

  • explain the role of Spend Analyses in Category Management

  • describe the Spend Analyses Process.


Who Should Enroll:

  • Procurement professionals looking to enhance their Spend analysis skills

  • Buyers and supply chain managers seeking to make more informed procurement decisions.

  • Financial analysts, and business leaders with the knowledge and tools necessary to conduct effective spend analysis, enabling smarter, data-driven decision-making.


Why This Course:

This course is meticulously designed to empower procurement professionals, financial analysts, and business leaders with the knowledge and tools necessary to conduct effective spend analysis, enabling smarter, data-driven decision-making.

Curriculum

    1. In this course we define Spend Analysis, explain the role of Spend Analysis in Category Management and describe the Spend Analysis Process.

      FREE PREVIEW

    1. Introducing definition of Spend and Spend Analysis

    1. Explaining the connection between Spend analysis and Category Management.

    1. Introducing how to perform a Spend Analysis

    1. EFFSO Quiz 6: Spend Analysis - have you got it?

    1. Key takeaways from the course.

    2. Reflections after the course

    3. Blogposts

About this course

  • €75,00
  • 8 lessons
  • Basic level - Tactical buyer
  • 15 - 20 min
  • Quiz and Certificate

Global Sourcing by EFFSO

Next recommended step

Today we live in a globalized world and technology have made communication very fast. It requires Purchasing function to have the capability to source globally. The course addresses global sourcing and best cost countries (BCC).
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About Learn How to Source

Learn How to Source is an online platform based in Sweden, offering a range of procurement courses accessible globally. It serves as a community where procurement experts share their knowledge through online courses, designed for various experience levels from introductory to expert. Courses are concise, about 30 minutes each, and cover different aspects of procurement, tailored for different buyer roles. The courses focus on practical knowledge, presented by seasoned professionals, and include quizzes and certificates. They can be accessed from any device, emphasizing microlearning for flexibility and efficiency.