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Introduction to Supplier Management
What is Introduction to Supplier Management?
Supplier management is a critical component of efficient supply chain operations. This training course introduces delegates to the fundamental principles of supplier evaluation, relationship management, and performance optimisation. With a focus on practical tools and strategies, this course equips delegates with the skills to streamline supplier operations and build effective partnerships, essential for achieving organisational success in today’s competitive business environment.
Proficiency in supplier management is vital for professionals in procurement, supply chain management, and operations roles. Strong supplier management ensures quality, minimises risks, and drives cost efficiency across the supply chain. This training is ideal for procurement Managers, Supply Chain Professionals, and anyone responsible for maintaining or improving supplier relationships within an organisation.
This 1-day Introduction to Supplier Management Training Courseoffered by Oakwood International provides delegates with a comprehensive understanding of supplier management practices. Through interactive sessions and practical exercises, delegates will learn how to evaluate suppliers, manage performance, and mitigate risks effectively. This course empowers delegates to make informed decisions, build lasting supplier partnerships, and improve their organisation’s supply chain efficiency.
Course Objectives
- To understand the fundamentals of supplier management and its role in supply chain operations
- To learn effective strategies for supplier evaluation and selection
- To develop skills in managing supplier performance and fostering strong relationships
- To identify and mitigate potential risks in supplier management
- To enhance negotiation skills for better supplier agreements
- To understand the importance of supplier compliance and quality standards
Upon successful completion, delegates will receive a certification from Oakwood International, recognising their expertise in supplier management. This certification enhances career prospects and equips delegates with the skills to improve supply chain efficiency and drive organisational success.
Course Outline
Introduction to Supplier Management
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
Included
Included
- No course includes are available.
Offered In This Course:
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Video Content
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eLearning Materials
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Study Resources
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Completion Certificate
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Tutor Support
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Interactive Quizzes
Individual Training
Individual Training fosters personal growth, enhances professional skills, and builds confidence.
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Corporate Training
Corporate Training improves employee skills, increases productivity, and aligns teams with company objectives.
Learning Options
Discover a range of flexible learning options designed to meet your needs. Select the format that best supports your personal growth and goals.
Online Instructor-Led Training
- Live virtual classes led by experienced trainers, offering real-time interaction and guidance for optimal learning outcomes.
Online Self-Paced Training
- Flexible learning at your own pace, with access to comprehensive course materials and resources available anytime, anywhere.
Build your future with Oakwood International
We empower you with the skills, knowledge, and confidence to excel in your career. Join us and take the first step towards realising your professional goals.
Frequently Asked Questions
Q. What is the focus of the Introduction to Supplier Management training?
The training focuses on equipping delegates with the skills to build
strong supplier relationships, manage supplier performance, and optimise supply
chain operations.
Q. Who is this course suitable for?
This course is ideal for professionals involved in procurement, supply chain management, and operations, or those responsible for managing supplier relationships.
Q. What skills will delegates gain from this training?
Delegates will learn to evaluate, select, and manage suppliers, negotiate contracts, minimise risks, and enhance supplier performance to achieve operational efficiency.
Q. How will this course benefit my career?
This course provides practical tools and strategies to excel in
supplier management, making you a valuable asset to your organisation and
supporting career advancement.
Q. What topics are covered in the training?
The course covers key areas such as supplier evaluation and selection, relationship management, performance monitoring, risk mitigation, and contract negotiation.
