Career opportunities
The Track in Digital Procurement prepares students for a career in global procurement organizations. It offers a unique combination of an academic education in operations management with the study of digitalization and its impact on procurement. The track is actively supported by the CPO Club, an organization composed of chief procurement officers from multiple multinational companies that operate their procurement organization from Luxembourg.
Objectives
Students who have completed the programme will benefit from the following:
• Luxembourg is a procurement hub. The aim of the Track in Digital Procurement is to expose student to Luxembourg’s procurement ecosystem and enable employment in local procurement organisations.
• The DP Track offers students the unique opportunity to apply what they have learned by conducting a real-world project together with an industrial partner. which is guided by their academic supervisor together with a mentor from industry.
• The DP Track strives to offer students immediate access to large procurement organizations through frequent interactions in courses, seminars, as well as a joint thesis project with a corporate partner.
• The DP Track aims at offering students an immersive learning experience, with small class sizes, interactive sessions that combine academic with professional training, field trips, industry seminars, and on-site project work.
Learning outcomes
Upon successful completion of the track, students will have acquired the following competences, professional skills, and know-how:
• Understand key procurement concept (direct and indirect procurement, strategic and transactional procurement, category management, contracts and tenders, supplier relationship management, compliance and governance)
• Understand how procurement generates value and how digitalization contributes to this
• Know best practices in procurement as well as the latest trends in its digitalization
• Ability to mathematically formalize and solve business problems that arise in procurement
• Ability to derive value from data through data science and machine learning
• Ability to apply scientific methods to address a relevant and pressing problem in a real procurement organization
An important learning outcome marks the creation of new knowledge through a close collaboration between academics and practitioners from the CPO club through joint workshops, industry seminars, and thesis projects.