Introduction To Supplier Management

• Professional Background: No prior experience in supplier management is required; however, a basic understanding of procurement processes or business operations will enhance the learning experience.
• Language Proficiency: Learners must have a strong command of English, as all course content, discussions, and assessments are delivered in English.
• Interest in Supplier Management: This course is ideal for individuals seeking to develop their supplier management skills and contribute to improving procurement strategies and supplier relationships in their organisation.

• Understand Supplier Management Fundamentals: Gain a clear understanding of the key concepts in supplier management, including supplier selection, relationship management, and contract negotiation.
• Enhance Supplier Relationship Management: Learn how to build and maintain strong, long-term relationships with suppliers to ensure consistency, reliability, and quality in your supply chain.
• Effective Procurement Strategies: Understand the strategic role of procurement in managing suppliers, from sourcing and evaluation to performance monitoring and risk management.
• Improve Supplier Performance Management: Learn how to assess and monitor supplier performance, identify areas for improvement, and implement corrective actions to ensure optimal supplier performance.
• Navigate Contract Management: Understand the basics of contract management, including the creation, negotiation, and management of supplier contracts, ensuring that both parties meet agreed-upon terms.
• Leverage Technology in Supplier Management: Discover how digital tools and platforms, such as supplier management software and procurement systems, can improve supplier collaboration and operational efficiency.

The Introduction to Supplier Management course is ideal for professionals who are involved in procurement, supply chain management, or supplier relations, looking to enhance their skills in managing supplier relationships and improving procurement processes. Below are the individuals who can benefit from this course:

• Procurement Managers
• Supply Chain Professionals
• Purchasing Coordinators
• Vendor Relationship Managers
• Operations Managers
• Contract Managers
• Business Executives
• Project Managers
• HR Professionals

Module 1: Supplier Management

• Definitions
• Supplier Management Context
• Supplier Management
• Supplier Management Good Practice
• Objectives of Supplier Management
• Importance of Setting the Objectives
• Relationship Management
• Potential Costs
• Categories of Suppliers
   

Module 2: Advantages of Supplier Management

• Reduced Costs
• Improved Efficiency
• Minimises Price Volatility
• Consolidated Supply Chain
• Outsourcing
• Continual Improvement of Operations
   

Module 3: Supplier Management Lifecycle

• Planning Strategy
• Process of Supplier Selection
• Wrong Supplier
• Supply Chain Analysis
• Establishing Suppliers
• Supplier Development and Integration
• Supplier Management Reports
• Continuous Improvement
• Improving Supplier Performance
• KPIs and CSFs
   

Module 4: Supplier Management Tools and Techniques

• Kraljic Matrix
• Supplier Management Tools
• Insourcing and Outsourcing
   

Module 5: Roles Within Supplier Management

• SFIA and Supplier Management Roles
• Supplier Relationship Managers
• Business Change
   

Module 6: Improving the Supply Chain

• Increase Transparency: Information Sharing
• Improving the Supply Chain
• Monitor and Review
• Supplier Performance Management