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Course Information

Introduction to Supplier Management Course Outline

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

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Who should attend this Introduction to Supplier Management Course?

The Introduction to Supplier Management Course is designed for individuals who are involved in procurement, supply chain management, vendor relationships, and those who play a role in selecting and managing suppliers within an organisation. This Management Course can benefit a wide range of professionals, including:

  • Procurement Professionals
  • Supply Chain Coordinators
  • Purchasing Managers
  • Vendor Managers
  • Sourcing Specialists
  • Contract Managers
  • Inventory Managers
  • Operations Managers
  • Logistics Coordinators
  • Project Managers

Prerequisites of the Introduction to Supplier Management Course

There are no formal prerequisites for this Introduction to Supplier Management Course.

Introduction to Supplier Management Course Overview

In today's business landscape, Supplier Management is a critical topic that holds immense relevance. Effective Supplier Management is fundamental to optimising procurement processes, reducing costs, and ensuring the delivery of quality goods and services. This Management Course delves into the essential aspects of managing suppliers, from identification to reporting, providing professionals with the knowledge and tools they need to enhance their organisation's supplier relationships.

Understanding Supplier Management is crucial for professionals involved in procurement, supply chain management, and vendor relationship management. The ability to identify, select, contract, monitor, and report on suppliers can significantly impact an organisation's bottom line. Anyone responsible for supplier interactions should aim to master this subject to drive efficiency and value in their procurement processes.

This 1-day course by The Knowledge Academy offers a comprehensive introduction to supplier management fundamentals. Participants will gain insights into the crucial steps of supplier management, enabling them to establish and implement effective supplier management programmes. Delegates will possess the knowledge and skills necessary to optimise supplier relationships, streamline procurement, and enhance the value derived from suppliers, contributing to their organisation's success.

Course Objectives:

  • To grasp the fundamental principles of Supplier Management
  • To learn the process of identifying, selecting, and contracting with suppliers
  • To understand effective monitoring and reporting techniques for supplier management
  • To develop strategies for enhancing supplier relationships and communication
  • To identify opportunities to reduce costs and improve the quality of goods and services through Supplier Management
  • To acquire the skills needed to implement a Supplier Management programme within the organisation

Upon completion of this Management Course, delegates will benefit from a solid foundation in Supplier Management, enabling them to make informed decisions, improve supplier interactions, and ultimately enhance their organisation's procurement processes, leading to increased efficiency and value.

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What’s included in this Introduction to Supplier Management Course?

  • World-Class Training Sessions from Experienced Instructors  
  • Introduction to Supplier Management Certificate
  • Digital Delegate Pack

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Why choose us

Ways to take this course

Our easy to use Virtual platform allows you to sit the course from home with a live instructor. You will follow the same schedule as the classroom course, and will be able to interact with the trainer and other delegates.

Our fully interactive online training platform is compatible across all devices and can be accessed from anywhere, at any time. All our online courses come with a standard 90 days access that can be extended upon request. Our expert trainers are constantly on hand to help you with any questions which may arise.

This is our most popular style of learning. We run courses in 1200 locations, across 200 countries in one of our hand-picked training venues, providing the all important ‘human touch’ which may be missed in other learning styles.

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Highly experienced trainers

All our trainers are highly qualified, have 10+ years of real-world experience and will provide you with an engaging learning experience.

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State of the art training venues

We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible

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Small class sizes

We limit our class sizes to promote better discussion and ensuring everyone has a personalized experience

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Great value for money

Get more bang for your buck! If you find your chosen course cheaper elsewhere, we’ll match it!

This is the same great training as our classroom learning but carried out at your own business premises. This is the perfect option for larger scale training requirements and means less time away from the office.

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Tailored learning experience

Our courses can be adapted to meet your individual project or business requirements regardless of scope.

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Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

This gives your team a great opportunity to come together, bond, and discuss, which you may not get in a standard classroom setting.

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Monitor employees progress

Keep track of your employees’ progression and performance in your own workspace.

What our customers are saying

Introduction to Supplier Management FAQs

The course includes 1 day of classroom training from an expert instructor, courseware book including slides, and a certificate of achievement upon completion.
No, the course does not include an exam, and no exam is required to complete the course or receive a certificate.
Your instructor will be fully experienced in supplier management methodologies and understand the Supplier Management Lifecycle.
Please arrive at the venue at 8:45 am.
The price for Introduction to Supplier Management certification in the United Kingdom starts from £995
The Knowledge Academy is the Leading global training provider for Introduction to Supplier Management.
Please see our Management Courses courses available in the United Kingdom

Why choose us

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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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