Supplier relationship management (SRM) is a critical factor in today’s integrated supply chains. The emergence of global sourcing and supplier consolidation as essential elements of supply management makes the systematic management of supplier relationships imperative. Successful SRM practices must optimize the value of buyer/supplier relationships. This highly interactive three-day workshop is designed to give supply chain professionals the knowledge and skills needed to imbed best-practice SRM methods in their organizations. The course explores the attributes of effective SRM methods with attention to the people, processes, policies, and technology required.
You will learn to:
- Develop and deploy an integrated sourcing strategy
- Implement category management techniques
- Adopt a systematic, rigorous, supplier-selection process
- Analyze and mitigate risks
- Assure supplier quality
- Focus on total cost of ownership, not price
- Deploy effective supplier metrics and monitoring systems
- Engage in supplier development activities
- Utilize technology efficiently and effectively
Who should attend:
This course will provide critical supplier management insights for all supply chain and sourcing professionals. Those professionals for whom this session is most important include:
- Chief procurement officers and directors
- Supply chain managers and executives
- All sourcing and procurement professionals: category managers, supply managers, and buying personnel