Competency Module: Market Analysis and Forecasting

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.

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.