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Course Title:

Course ID:

020924 0101 3370ESH

Course Dates :

02/Sep/2024

 To

06/Sep/2024

Course Duration :

5

Course Location:

London

United Kingdom

Course Fees GBP £ :

Primary Price

£4,555.99

VAT may vary depending on the country where the course or workshop is held

Course Fees USD $:

Advisory Price

$5,829.09

VAT may vary depending on the country where the course or workshop is held

Course Category:

Professional and CPD Training Programs

Supply Chain, Procurement, Purchasing Management, Logistics Management

Course Certified By:

* Professional Training and CPD Programs
Leading to : Executive Diploma Certificate
Leading to : Executive Mini Masters Certificate
Leading to : Executive Masters Certificate

* ESHub CPD
* LondonUni - Executive Management Training
* Others

United Kingdom

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.

Course Information

Introduction

Welcome to the Supplier Relationship Management for Collaboration, Impact, and Business Success course!
In today's dynamic business landscape, effective supplier management is crucial for maintaining a competitive edge and driving success.
This comprehensive 5-day course is designed to equip participants with the knowledge, skills, and strategies needed to establish and nurture productive relationships with suppliers, ultimately enhancing collaboration, maximizing impact, and achieving sustainable business success.
Join us for this engaging and interactive course to unlock the full potential of your supplier relationships and drive business success through collaboration and impact!

Objectives

• Understand the importance of supplier relationship management (SRM) in today's business environment.
• Learn the key principles and best practices of effective SRM.
• Explore strategies for building and maintaining strong relationships with suppliers.
• Gain insights into how to align supplier relationships with organizational goals and objectives.
• Develop skills in negotiation, communication, and conflict resolution to enhance collaboration with suppliers.
• Identify opportunities for innovation and value creation through strategic supplier partnerships.
• Explore methods for measuring and evaluating supplier performance and impact on business outcomes.

Who Should Attend?

This course is ideal for procurement professionals, supply chain managers, sourcing specialists, and anyone involved in managing supplier relationships within an organization.
It is also beneficial for business owners, executives, and managers seeking to optimize their supply chain operations and drive business success through effective supplier collaboration.

Training Method

• Pre-assessment
• Live group instruction
• Use of real-world examples, case studies and exercises
• Interactive participation and discussion
• Power point presentation, LCD and flip chart
• Group activities and tests
• Each participant receives a 7” Tablet containing a copy of the presentation, slides and handouts
• Post-assessment

Program Support

This program is supported by:
* Interactive discussions
* Role-play
* Case studies and highlight the techniques available to the participants.

Daily Agenda

The course agenda will be as follows:
• Technical Session 08.30-10.00 am
• Coffee Break 10.00-10.15 am
• Technical Session 10.15-12.15 noon
• Coffee Break 12.15-12.45 pm
• Technical Session 12.45-02.30 pm
• Course Ends 02.30 pm

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.

Week 1

Day 1:
Understanding Supplier Relationship Management (SRM)
• Introduction to Supplier Relationship Management
• Importance of SRM in Modern Business
• Key Concepts and Principles of Effective SRM
• Case Studies and Best Practices

Day 2:
Building Strong Supplier Relationships
• Strategies for Identifying and Selecting Suppliers
• Establishing Trust and Transparency
• Communication Strategies for Effective Collaboration
• Tools and Technologies for Managing Supplier Relationships

Day 3:
Aligning Supplier Relationships with Organizational Goals
• Defining Organizational Objectives and Requirements
• Supplier Segmentation and Relationship Mapping
• Developing Mutual Goals and KPIs
• Creating Value through Strategic Alignment

Day 4:
Negotiation, Conflict Resolution, and Innovation
• Negotiation Techniques for Win-Win Outcomes
• Managing Conflict and Resolving Disputes
• Encouraging Innovation and Continuous Improvement
• Leveraging Supplier Relationships for Competitive Advantage

Day 5:
Performance Measurement and Continuous Improvement
• Metrics and KPIs for Evaluating Supplier Performance
• Supplier Scorecards and Performance Reviews
• Continuous Improvement Strategies
• Case Studies and Action Planning for SRM Enhancement

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.