Description

Power BI Training for Procurement Professionals (2 Days)

Enhance your procurement analytics capabilities with our comprehensive 2-day Power BI training, designed specifically for procurement professionals. Whether you’re in the UK or anywhere in the world, this online course is perfect for those looking to improve their data-driven decision-making skills, optimize spend analysis, and manage supplier performance more effectively.

COURSE OUTLINE

Understanding Procurement Data and Its Importance

The Role of Data in Procurement

Key Metrics in Procurement

Types of Procurement Data

Spend Data

Data Quality and Requirements

Ensuring Data Accuracy and Completeness

Data Sources and Integration

Integrating Data into Power BI

Connecting to ERP Systems

Data Preparation for Procurement Analytics

Transforming and Structuring Data

Building Effective Procurement Data Models

Key Principles of Data Modeling in Procurement

Star and Snowflake Schemas for Procurement Data

Creating a Spend Analysis Model

Structuring Data for Spend Classification

Modeling Supplier Performance Data

Aggregating Supplier KPIs

DAX Calculations for Procurement

DAX Essentials for Procurement Analytics

Calculating Spend Variance and Trends

Advanced DAX for Procurement Metrics

Supplier Contribution to Spend

Using DAX for Procurement Scenario Analysis

Forecasting Future Procurement Spend

Designing Procurement Dashboards

Key Elements of a Procurement Dashboard

Visualizing Spend by Category and Supplier

Best Practices for Dashboard Design in Procurement

Enhancing User Experience in Procurement Dashboards

Common Procurement Dashboard Use Cases

Executive Dashboards for Procurement

Advanced Visualization Techniques

Visualization Techniques for Spend Analysis

Using Treemaps and Sunburst Charts for Spend Distribution

Visualizing Supplier Performance and Risk

Supplier Scorecards and KPIs

Interactive Reports for Procurement Insights

Utilizing Drill-Throughs and Tooltips for Detailed Analysis

Spend Analysis and Optimization

Detailed Spend Classification and Segmentation

Classifying Spend by Region, Department, and Category

Identifying and Eliminating Procurement Inefficiencies

Spotting Maverick Spend and Its Impact

Strategic Sourcing Using Power BI

Identifying High-Value Procurement Opportunities

Supplier Performance and Risk Management

Measuring Supplier Performance with Power BI

Key Supplier Performance Metrics

Supplier Risk Analysis and Mitigation

Assessing Supplier Financial Health

Supplier Relationship Management (SRM) Insights

Tracking Supplier Collaboration and Innovation