How To Build Your Procurement Digital StrategyDigital Strategy 2: Intensive Course

Virtual
CPD Certified

Overview

An intensive course designed to cut through the technical jargon to focus on what is really needed from digital in order to make procurement teams fit for the future.

You'll be equipped to deliver tangible business benefits in the face of current business challenges. Based around a robust 5-step process to build a digital procurement strategy, this course is perfect for any practitioner involved in the development and execution of digital procurement and capability transformation initiatives.

We will equip you with the tools and approaches needed to create a digital roadmap for your procurement function. This will focus on both addressing the things that are holding you back, and enabling you to develop game-changing capability where it matters. The course will also help you consider the wider organizational factors that must be taken into account for digital to deliver successful outcomes. Furthermore, you'll explore the technology landscape, providing a framework to help you decide which digital solutions and approaches are right for your organization and represent a best fit for your capability aspirations.

Pre-work required: Completion of ‘How to Get Going On a Digital Procurement Strategy’ 3.5 hour workshop.

Virtual

1 x 3.5 hours

Course Content

Deep dive into a 5-step process to build your digital procurement strategy that covers:

  • How to design evaluation criteria that enables you to select digital solutions that represent best value and fit to your digital requirements
  • Is a “Best-of-breed” or “Suite plus” approach better?
  • The continually evolving digital landscape: the market dynamics shaping it and the types of solutions available
  • Building your business case to secure stakeholder support, budget and resources
  • Reasons why digital strategies fail to deliver and what you can do to avoid this
  • How to ensure that humans are at the heart of digital procurement change (and why this is important)
  • Making sure that digital solutions continue to deliver, post-deployment

Learning Objectives

By the end of this course delegates will be able to:

  • Build and deploy a digital procurement strategy within the business
  • Describe how digital will remove barriers to delivery and enable incremental value creation
  • Understand the importance of data
  • Build a digital roadmap
  • Build a business case for digital
  • Describe organizational current and ‘to-be’ levels of digital maturity and how this will support value realization from digital
  • Describe the types of digital solutions available today