Procurement Analytics and TechnologyLaajuus (5 cr)

Objective

The student is able to evaluate the potential changes and opportunities in procurement caused by digitalisation and artificial intelligence (AI). This enables the student to draw conclusions about possible usage of the procurement technologies and AI-tools available.
The student is able to understand procure-to-pay-process design and make recommendations on full-house-suite or best-of-breed solutions and evaluate the automation needs of procurement.
The student is able to evaluate, where and how relevant data can be obtained to support and intensify decision-making in procurement. This enables the student to utilise the data effectively in a practical setting e.g. with the help of various metrics (KPI) and dashboards.
The student acknowledges the value of supply market intelligence in procurement and is able to analyse supply markets and predict relevant scenarios with advanced tools and information sources.
The student acknowledges the importance of procurement analytics and AI in procurement performance management and in identifying opportunities for savings, risk management and forecasting.
The student is able to identify suitable IT tools for driving supply chain sustainability.

Content

• Data management and data strategy
• Procurement digitalisation and automation
• Procurement analytics and artificial intelligence (AI)
• Supply market intelligence
• Metrics and dashboards

Qualifications

Completed higher education degree (Bachelor level)

Assessment criteria, satisfactory (1)

The student has completed basic requirements to pass the course and has made an attempt to apply and articulate concepts and information both verbally and in writing but has not made enough effort overall. The student has demonstrated little effort, interest and motivation in individual or team activities / assignments and the output is rather weak.

Assessment criteria, good (3)

The student has good overall performance, can apply and articulate concepts and information well both verbally and in writing, but certain areas of individual or team output require further attention. The student shows appropriate level of interest and motivation in individual and team activities. Good presentation delivery and analysis.

Assessment criteria, excellent (5)

The student shows excellent performance in all elements of the course and shows interest and motivation in individual and team activities and assignments, fully applies and clearly articulates concepts and information both verbally and in writing. The student is able to support their arguments with references to the recommended reading and lecture content. Excellent presentation delivery and analysis.

Assessment criteria, approved/failed

The student has completed basic requirements to pass the course and has made an attempt to apply and articulate concepts and information both verbally and in writing but has not made enough effort overall. The student has demonstrated little effort, interest and motivation in individual or team activities / assignments and the output is rather weak.

Further information

The language of tuition is English.