Understanding Supplier & Market Analysis

Master Supplier & Market Analysis Skills to Drive Smarter Procurement Decisions
What you'll learn
✓ How to study potential suppliers
✓ Michael Portar's five forces
✓ PESTEL analysis
✓ Risk identification and assessment
✓ Request for information
✓ SWOT analysis
✓ ABC analysis
Requirements
● Access to Internet
Description
Understanding Supplier & Market Analysis is a comprehensive, practice-oriented course designed to help procurement and supply chain professionals build strong analytical capabilities for modern sourcing environments. The course equips learners with essential frameworks and methodologies used by leading procurement organizations to evaluate suppliers, understand market structures, and support strategic decision-making.
Participants will explore key analytical tools such as Porter's Five Forces, PESTEL, SWOT, and ABC Analysis, learning how and when to apply each model in real procurement scenarios. The course also covers critical topics including supplier capability assessment, supply market mapping, risk identification and mitigation, and the effective use of Requests for Information (RFI) to gather market intelligence.
In addition to theory, the course emphasizes practical application through examples, exercises, and quizzes that reinforce learning and build confidence. Learners will develop the ability to interpret market data, anticipate supply risks, and identify opportunities for cost optimization and value creation. By the end of the course, participants will have a structured, repeatable approach to supplier market analysis that can be immediately applied to improve sourcing strategies, strengthen supplier relationships, and support long-term business objectives.
This course also supports professional development by enhancing analytical thinking, improving cross-functional communication, and enabling procurement professionals to contribute more effectively to organizational strategy and long-term competitive advantage.
Who this course is for
■ Entry-Level
■ Mid-Level
■ Senior-Level
■ Executive-Level
■ Specialized Titles
Homepage

https://www.udemy.com/course/understanding-supplier-market-analysis/

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