Enhancing Governance and Productivity in Strategic Procurement with Data Analytics Algorithms

Procurement Analytics

Enabling Procurement Governance

and Productivity

Overview

Procurement analytics is a process which examines procurement transactions to identify relevant patterns and trends in detecting procurement anomalies and enabling procurement productivity. The capability to identify and analyse these anomalies and areas for procurement improvements will enhance the organisation’s procurement governance and productivity. The use of procurement analytics can equip staff and management with the skills to ensure procurement compliance and maximise productivity in the organisation’s procurement functions.

Objectives

  • Understand the value of procurement analytics in identifying procurement anomalies and enabling procurement productivity
  • Understand how procurement analytics can help to enhance procurement enforcement and reduce non-compliance audit findings
  • Understand the process in implementing an organisation wide procurement analytics system
  • Understand the implications in using procurement analytics

Outline

  • Perceptions on procurement analytics
    • Impact of procurement fraud to organisation
    • Typical fraudster profile
    • Perceptions on procurement analytics
  • Challenges in procurement analytics
    • Issues in analysing procurement data using business intelligence software
    • Use of procurement analytics in organisation
  • Procurement analytics approach
    • What is procurement analytics?
    • Common procurement analytics approach
    • Auditor’s approach in procurement audit
  • Procurement analytics system
    • Procurement analytics system design
    • Key requirements of a procurement analytics system
    • Approach to detect procurement fraud schemes
  • Implementing procurement analytics system
    • Key focus for implementing procurement analytics system
    • Application of data analytics in procurement operations
    • Roles and responsibilities of the procurement analytics team
    • Challenges for procurement analytics system
  • Benefits of implementing procurement analytics system
    • Benefits of implementing procurement analytics system
    • Issues from implementing procurement analytics system
    • Support and involvement in implementing procurement analytics team

TARGET AUDIENCE

If you are involved in auditing, enforcement and administration of procurement functions. You are keen to learn about procurement analytics to enhance procurement governance and productivity.

CERTIFICATION

Participants will be issued a Certificate of Attendance.

COURSE DETAILS

Date:    17th – 18th January 2019

Time:    9.00 am to 5.30 pm

Venue: HDB Centre of Building Research,

10 Woodlands Ave 8, Singapore 738973 “Fee:  S$790 Nett

Group Discount: SIGN UP 2 DELEGATES AND 3RD ONE ATTENDS FREE

Refreshment and lunch will be provided. Complimentary parking lots are available on first-come-first-served basis.

CPD POINTS

PEB — Pending

COURSE FACILITATOR

Henry Chang has more than 30 years of combined experience in research & development, system and process design, M&E engineering and IT Infrastructure consultancy, safety engineering & management, procurement operations management & analytics. He has been conducting special- ist diploma, bachelor and master’s degree trainings in local and overseas institutions.

He also spearheaded and setup a procurement governance office to provide quotation/tender compliance checks, procurement competency training & certifications and procurement analytics. He was the first mover in the development of the very first Procurement Data Analytics System in Whole of Government (WOG) that analyse procurement transactions to surface procurement anomalies for rectification and identify procurement trends for productivity improvement. For his dedicated services, he was awarded both the Singapore Excellent Service Award Silver and Star within a period of 3 years.

He is a registered Professional Engineer and a registered WSH Officer. His qualifications include Degree in Mechani- cal Engineering, MBA, MSc (Computer Integrated Manufacturing) and Certificate in Advanced Business Analytics and Advanced Certificate in Training & Assessment (ACTA).