Day 1: Strategy and Vision for Digital Procurement
Module 1: The Digital Procurement Imperative
- The Fourth Industrial Revolution and its impact on procurement
- The anatomy of a world-class digital procurement organization
- Aligning digital procurement strategy with enterprise goals
- Case Study: How a market leader achieved competitive advantage through digital procurement
Module 2: Building the Business Case and Roadmap
- Assessing digital maturity and identifying key capability gaps
- Quantifying the value of digital procurement: efficiency, savings, risk reduction, and innovation
- Developing a multi-year digital transformation roadmap
- Workshop: Building a compelling business case for a digital procurement initiative
Day 2: Deep Dive into Core Digital Procurement Processes
Module 3: Mastering the Source-to-Contract (S2C) Cycle
- Digital tools for spend analysis and opportunity identification
- The power of eSourcing: from eRFx to reverse auctions and optimization
- Digital contract lifecycle management (CLM): authoring, negotiation, execution, and compliance
- End-to-end supplier lifecycle management (SLM): onboarding, risk, performance, and development
Module 4: Optimizing the Procure-to-Pay (P2P) Cycle
- Guided buying and catalog management for an enhanced user experience
- Automating the requisition, purchase order, and goods receipt processes
- The revolution in invoice management: e-invoicing, touchless processing, and AP automation
- Unlocking value through supply chain finance and dynamic discounting
Day 3: Mastering the SAP Procurement Ecosystem
Module 5: SAP S/4HANA for Procurement
- Overview of S/4HANA Central Procurement and Operational Procurement
- Key functionalities: sourcing and procurement, inventory and warehouse management
- Integration with finance and supply chain modules
- Hands-on Lab: Navigating the S/4HANA Fiori user experience for procurement
Module 6: Unleashing the Power of SAP Ariba
- The Ariba Network: connecting with millions of suppliers
- Deep dive into Ariba’s upstream solutions (Sourcing, Contracts, SLP)
- Exploring Ariba’s downstream solutions (Buying and Invoicing, Guided Buying)
- Hands-on Lab: Simulating a sourcing event and a guided buying experience inAriba
Day 4: Mastering the Oracle Procurement Cloud
Module 7: Oracle Fusion Cloud Procurement: A Comprehensive Overview
- Understanding the integrated Oracle Procurement Cloud suite
- Key modules: Self-Service Procurement, Sourcing, Contracts, and Supplier
- Qualification Management
- The role of embedded analytics and social collaboration
- Hands-on Lab: Creating a requisition and managing a sourcing event in Oracle Cloud
Module 8: Advanced Features and Analytics in Oracle
- Leveraging Oracle’s AI-powered features for intelligent recommendations and automation
- Building and using procurement dashboards and OTBI reports
- Managing supplier performance and risk within the Oracle ecosystem
- Hands-on Lab: Building a custom procurement analysis report in Oracle
Day 5: Implementation, Adoption, and the Future
Module 9: Leading a Successful Digital Transformation
- Best practices for implementation: agile vs. waterfall, phased vs. big bang
- The critical role of data governance and master data management
- A structured approach to change management: communication, training, and stakeholder engagement
- Workshop: Developing a change management and adoption plan
Module 10: The Future of Procurement: AI, Analytics, and Beyond
- The impact of AI and Generative AI on procurement roles and processes
- Robotic Process Automation (RPA) use cases in procurement
- The potential of blockchain for supply chain transparency and traceability
- Capstone Session: Building a future-proof digital procurement vision and personal action plan
Course Materials
- Executive masterclass binder with all presentation slides and detailed notes
- Access to a dedicated cloud environment for hands-on labs with SAP and Oracle
- A comprehensive toolkit of templates for business cases, roadmaps, and change management plans
- Certificate of completion from BTS Consultant