Supplier Relationship Management

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Supplier Relationship Management

CP Training Consortium
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Description

With increasing project complexity and the continuing strategy to outsource non-core activities, organsiaitons must ensure that the supply chain is secure and fulfilling its contribution to overall business objectives. This training course will ensure that nothing is left to chance in this key area of activity.


Supplier Relationship Management is a complex activity requiring rigorous process management combined with the fundamentally important skills of relationship building, influencing, management and leadership.  SRM is also a function of how effectively internal relationships are managed through the process of developing specifications and clear requirements.
 
Being at the centre of t…

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Didn't find what you were looking for? See also: Process Management, Relationship Management, Retail (Management), Project Management, and Risk Analysis.

With increasing project complexity and the continuing strategy to outsource non-core activities, organsiaitons must ensure that the supply chain is secure and fulfilling its contribution to overall business objectives. This training course will ensure that nothing is left to chance in this key area of activity.


Supplier Relationship Management is a complex activity requiring rigorous process management combined with the fundamentally important skills of relationship building, influencing, management and leadership.  SRM is also a function of how effectively internal relationships are managed through the process of developing specifications and clear requirements.
 
Being at the centre of this wide range of activities and relationships is a complex but rewarding and vital role. Being skilful and purposeful in its execution is just as vital, with an opportunity to have high impact on the bottom line.
 
The course will provide an insight in simple but effective tools to enable this complex web to be understood, particularly in the area of supplier portfolio analysis and relationship mapping. There will be an emphasis on practical applications of the tools using live case study work and a number of simulation exercises designed to focus on the necessary skills of relationship building, influencing and leadership in the context of SRM.



This course is designed for:-  practitioners in procurement, contract management and any aspect of supply chain management.  It is also aimed at line managers who, as a part of their role are required to lead or supervise supply chain professionals.  Graduate entrants and development trainees are also probable candidates. 

At the end of the course, participants will be able to:
  • Understand and apply the stages of the procurement process
  • Provide effective support to internal functions in the process of mapping out specifications and the implications for the supply chain
  • Influence internal functions in considering the SRM implications of outsourcing decisions
  • Apply the tools of relationship mapping and supplier portfolio analysis
  • Use a range of tools and frameworks in relationship assessment and review
  • Understand and apply a range of influencing behaviours and styles to maximize the outcomes of supplier engagments
  • Develop insight and understanding into their own leadership and influencing approaches
  • Create a template of SRM best practice for self-evaluation and supporting colleagues and suppliers




The following topics will be included within the course:
  • The procurement cycle
  • Performance and conformance specifications and the implications for SRM
  • Relationship mapping
  • Supplier portfolio analysis and Supplier perception framework
  • Maximising supplier contribution and performance
  • Communication strategies and influencing behaviours and styles
  • Leadership skills
  • Minimising and managing conflict
  • Relationship assessment processes
  • SRM and stakeholder management
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