Spend Wisely: The Strategic Use of Spend Analysis and Spend Management | NIGP
Course

Spend Wisely: The Strategic Use of Spend Analysis and Spend Management

This is a self-paced, online mini-course designed for anyone concerned with procurement transformation, particularly achieving strategic cost savings. Every agency has the raw data available to conduct a spend analysis but not necessarily the time, resources, or expertise necessary to carry out the data manipulation required. This course will describe the purpose of a spend analysis, the process an organization would go through to conduct a spend analysis and the benefits of a spend management program that the analysis enables.

Course Availability:

View upcoming dates for this course.

On-Demand
Spend Wisely Online Training (Member) $115.00
Spend Wisely Online Training (Non-Member) $165.00
Instructor: Online Learning
Level: Foundation

Objectives

Upon successful completion of this course, participants will be able to:

  • Define spend analysis and spend management and differentiate between the two
  • Explain the benefits of spend management
  • Describe the spend analysis process

Intended Audience

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

  • Entry-level public procurement and central warehouse professionals who serve as assistants, coordinators, buyers, or equivalent functions within their respective entities.   

  • Non-procurement managers and supervisors who are responsible for either the procurement function or staff who provide procurement functions under delegated authority.   

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

  • Suppliers or representatives of suppliers seeking to understand the public procurement function from a holistic level, including the policies, standards, and procedures by which public entities must function.  

Delivery Formats Available

On-Demand

Contact Hours

3.0

CEUs

0.3

Level

Foundation

Designed for public procurement professionals who are new to the profession or have 1-5 of experience.

Available in this learning format...

  On-Demand

This format is 100% self-paced and designed for those who want complete control of their schedule and learning timelines. Sessions are pre-recorded with lifetime access, ensuring there’s no expiration date.

Learn on your schedule

On-demand training is for professionals who prefer to develop the skills they need on their time and at their pace. Learners can start, stop and rewind the lessons at your convenience.

Completion Requirements

In order to successfully complete, learners must:

  • Complete all course modules.
  • Complete the post-course evaluation survey available in Aspire.