Training on Procurement Analytics using Excel for Procurement Professionals

Module 1: Introduction to Procurement Analytics

• Fundamentals of procurement data

• Key performance metrics for procurement

• Introduction to Excel analytics tools

• Case Study: Analyzing procurement spend patterns

Module 2 : Data Cleaning and Management in Excel

• Importing and structuring procurement data

• Data validation, consolidation, and cleaning techniques

• Using tables, ranges, and named ranges

• Case Study: Cleaning supplier data for accurate reporting

Module 3:Advanced Excel Functions for Procurement

• Lookup functions (VLOOKUP, HLOOKUP, XLOOKUP)

• Logical and statistical functions for analysis

• Conditional formatting and data validation

• Case Study: Calculating supplier performance scores

Module 4:Pivot Tables and Advanced Reporting

• Creating and customizing pivot tables

• Pivot charts for visual insights

• Grouping, filtering, and summarizing procurement data

• Case Study: Visualizing procurement spend by category and supplier

Module 5 :Forecasting and Trend Analysis

• Using Excel for demand and cost forecasting

• Trendlines, regression, and moving averages

• Scenario analysis for procurement planning

• Case Study: Forecasting procurement needs for a large project

Module 6: Supplier Performance Analytics

• KPI development and tracking

• Scorecards and dashboards for supplier evaluation

• Supplier risk analysis

• Case Study: Evaluating supplier reliability and performance

Module 7:Spend Analysis & Cost Optimization

• Categorizing spend data for insights

• Identifying cost-saving opportunities

• Cost-benefit and variance analysis

• Case Study: Identifying top areas for procurement savings

Module 8:Contract & Procurement Risk Analytics

• Tracking contract compliance

• Risk scoring and monitoring using Excel

• Alerts and dashboards for proactive management

• Case Study: Monitoring contract expiry and compliance metrics

Module 9:Data Visualization for Procurement

• Creating charts, dashboards, and reports

• Using Excel’s Power Query and Power Pivot for analytics

• Interactive reporting for stakeholders

• Case Study: Building a procurement dashboard for management review

Module 10:Capstone Project & Application

• Integrating all tools and techniques learned

• Participants create a real-world procurement analytics report or dashboard

• Presentation and feedback session