Course Overview
Procurement is increasingly influenced by global market shifts, economic volatility, geopolitical uncertainty, and sustainability demands. To stay competitive, organizations must analyze markets carefully and integrate global trends into procurement strategies.
This Market Analysis & Global Trends in Procurement Decisions Training Course provides participants with the tools to evaluate supply markets, identify risks, and adapt strategies to evolving global conditions. Participants will explore areas such as commodity markets, trade regulations, ESG expectations, and digital disruptions in procurement.
Through case studies, forecasting exercises, and practical workshops, participants will learn to align procurement decisions with both current and emerging market realities.
Course Benefits
Strengthen market intelligence and supplier analysis.
Anticipate global risks and procurement challenges.
Align procurement strategies with emerging trends.
Improve resilience through data-driven sourcing.
Enhance decision-making under uncertainty.
Course Objectives
Understand the importance of market analysis in procurement.
Identify and interpret global trends impacting sourcing.
Apply analytical tools for supply market intelligence.
Forecast commodity and input cost changes.
Manage procurement risks from global disruptions.
Align procurement with ESG, digitalization, and innovation trends.
Build resilient strategies that respond to market shifts.
Training Methodology
The course uses lectures, case studies, forecasting simulations, and data-driven exercises. Participants will practice analyzing global markets and applying insights to procurement scenarios.
Target Audience
Procurement and sourcing managers.
Supply chain professionals.
Market intelligence and strategy analysts.
Executives making global procurement decisions.
Target Competencies
Market intelligence and analysis.
Strategic procurement decision-making.
Risk assessment and mitigation.
Global trend integration in supply chains.
Course Outline
Unit 1: Introduction to Market Analysis in Procurement
Role of market analysis in procurement strategy.
Key concepts: supply markets, competition, and cost drivers.
Common challenges in procurement decision-making.
Case study: procurement failures from poor analysis.
Unit 2: Tools and Techniques for Market Analysis
Supply market intelligence methods.
Analyzing supplier landscapes and competition.
Data sources for procurement market research.
Practical workshop: market data interpretation.
Unit 3: Global Economic and Geopolitical Trends
Impact of global trade regulations and tariffs.
Currency fluctuations and commodity volatility.
Geopolitical risks affecting global supply chains.
Case examples of procurement disruptions.
Unit 4: Sustainability and ESG in Procurement Decisions
ESG as a driver of procurement strategy.
Regulatory shifts toward sustainable sourcing.
Market trends in ethical supply chains.
Aligning ESG with competitive procurement decisions.
Unit 5: Digitalization and Technology Trends
Role of AI and analytics in market intelligence.
Blockchain for procurement transparency.
Digital platforms for global sourcing.
Emerging procurement technologies.
Unit 6: Forecasting and Risk Management
Forecasting demand and supply conditions.
Tools for commodity price forecasting.
Identifying procurement risks from global trends.
Simulation: risk-adjusted procurement planning.
Unit 7: Building Resilient Procurement Strategies
Linking market insights to sourcing decisions.
Developing flexible supplier strategies.
Balancing cost, risk, and sustainability.
Roadmap for procurement resilience in global markets.
Ready to turn global insights into smarter sourcing?
Join the Market Analysis & Global Trends in Procurement Decisions Training Course with EuroQuest International Training and lead with market-driven strategies.