Advanced Certificate in Digital Procurement Module 3: Leveraging the Internet of Things in Procurement
Training Provider: SINGAPORE MANAGEMENT UNIVERSITY
Course Reference: TGS-2024051216
S$600
Original: S$2,000
Save S$1,400
About This Course
The integration of Internet of Things (IoT) technology into procurement processes has emerged as a transformative force, offering unprecedented opportunities to revolutionise traditional practices. From understanding IoT sensors and predictive analytics to exploring real-time monitoring, smart contracts, and data security considerations, Module 3 equips procurement professionals with the latest insights and strategies in IoT adoption to optimise supply chains, enhance efficiency, and drive innovation.
What You'll Learn
At the end of the 2-day module, participants will be able to:
• Gain an overview of the Internet of Things (IoT) and its relevance to procurement
• Utilise IoT sensors and devices in procurement systems and workflows
• Utilise real-time monitoring to track shipment and inventory levels
• Improve procurement decision-making through predictive analytics models
• Learn how smart contracts and IoT-enabled payment systems streamline transactional processes to ensure transparency, efficiency, and trust
• Monitor supplier performance and improve collaboration with suppliers
• Implement best practices to address data security and privacy challenges associated with IoT in procurement
• Gain an overview of the Internet of Things (IoT) and its relevance to procurement
• Utilise IoT sensors and devices in procurement systems and workflows
• Utilise real-time monitoring to track shipment and inventory levels
• Improve procurement decision-making through predictive analytics models
• Learn how smart contracts and IoT-enabled payment systems streamline transactional processes to ensure transparency, efficiency, and trust
• Monitor supplier performance and improve collaboration with suppliers
• Implement best practices to address data security and privacy challenges associated with IoT in procurement
Entry Requirements
Nil
Course Details
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