Competency Module: Market Analysis and Forecasting

  • Date: 02/26/2025
  • Start Time: 10:00 AM Eastern Time
  • End Time: 7:00 PM Eastern Time
  • Level: Advanced Practitioner
  • Format: Virtual Instructor-Led
  • Contact Hours: 8
  • CEUs: 0.8
Enhancing strategic decision-making and analysis skills is crucial for procurement professionals. NIGP’s Competency Module: Market Analysis and Forecasting is an activity-based learning experience designed to equip learners with the ability to incorporate strategic analysis and tracking tools. By applying quantitative and qualitative analysis in decision making, learners can effectively determine the needs of internal stakeholders and align them with prevailing market trends. This course also emphasizes continuous research and analysis to procure and distribute commodities in the most suitable and efficient manner. Develop your expertise and advance your procurement career with this comprehensive course.
Competency Module: Market Analysis and Forecasting (Member: Early)$260.00 12/28/2024
Competency Module: Market Analysis and Forecasting (Member: Standard)$325.0012/29/202402/24/2025
Competency Module: Market Analysis and Forecasting (Non-Member: Standard)$425.00 02/24/2025
Competency Module: Market Analysis and Forecasting (Member: Early) $260.00
Competency Module: Market Analysis and Forecasting (Non-Member: Standard) $425.00
(prices valid until Dec 28, 2024)
Spots available: 24


In order to successfully earn a digital badge, learners must:

  • Incorporate strategic analysis and tracking tools to determine the needs of internal stakeholders in concert with prevailing market trends.
  • Apply quantitative analysis, qualitative analysis, and data in decision making.
  • Apply intelligence gleaned through continuous, broad-based research and analysis in order to arrive at the most suitable approach for procuring and distributing commodities needed by the entity.

Intended Audience

This offering is targeted to individuals who meet or exceed the following professional demographics:  

  • Mid-level public procurement and central warehouse professionals who serve as senior buyers, managers, directors, or equivalent functions within their respective entities.   

  • Non-procurement managers and supervisors who either provide procurement functions that support entity programs under delegated authority, or who already have a good understanding of basic procurement principles but wish to get more in-depth, hands-on training.   

  • Professionals who are employed by local governing entities and special authorities (such as K-12 and higher education, publicly owned utilities, transportation providers, and other publicly funded or created entities) who either serve within or manage the procurement function.  

  • Supplier managers and supervisors seeking to understand the public procurement function from a more in-depth holistic level, including the policies, standards, and procedures by which public entities must function.  

Completion Requirements

In order to successfully complete the NIGP Competency Module, learners must:

  • Attend and participate in the entirety of the instructional event.
  • Complete the post-course evaluation survey available in Aspire.
  • Complete the final assessment examination with a score of 83% or higher.


Cancellation Policy

Registration and payment must be received 24 hours prior to the course start date. After this time, registrations will be based on space availability.  A full refund, less a $75 administrative fee will be given for cancellations made in writing 31+ days prior to the seminar date by emailing No refunds are given for cancellations received within 24 hours of the seminar start date. There are no refunds for no-shows. If the seminar is cancelled for any reason, NIGP's liability is limited to the registration fee only.  

Attendee substitutions within the same agency may be done at any time with email notification to NIGP. If attending via scholarship, please provide documentation verifying the scholarship issuer's name and contact information in lieu of payment information. 

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Competency Module: Market Analysis and Forecasting

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