Supplier Relationships in Supply Chain Course Overview

Course Prerequisites

• Basic Computer Knowledge.

Target Audience for Supplier Relationships in Supply Chain

Supplier Relationships in Supply Chain [L4M6] is designed for professionals with over 2+ years of business experience, aiming to enhance their skills in managing supplier relationships within supply chains effectively.

Target Audience:

• Supply Chain Managers
• Procurement Specialists
• Supplier Relationship Managers
• Purchasing Managers
• Supplier Development Coordinators
• Operations Managers
• Procurement Analysts
• Vendor Managers
• Logistics Coordinators
• Inventory Managers
• Business Analysts
• Contract Managers
• Strategic Sourcing Specialists
• Supply Chain Analysts
• Procurement Consultants
• Supply Chain Consultants
• Category Managers
• Procurement Officers
• Sourcing Managers
• Vendor Performance Managers

Learning Objectives - What you will Learn in this Supplier Relationships in Supply Chain?

Supplier Relationships in Supply Chain Course [L4M6]

Introduction: This course aims to equip professionals with an in-depth understanding of the dynamics, processes, and best practices in managing supplier relationships within supply chains, focusing on techniques for value addition and partnership strategies.

Learning Objectives and Outcomes:

1. Understand Different Types of Commercial Relationships:

   • Differentiate between internal and external relationships.
   • Analyze the relationship spectrum and lifecycle.

2. Appraise Portfolio Analysis Techniques:

   • Utilize matrices for identifying supply, supplier, and purchaser positions.
   • Develop effective action plans.

3. Identify Competitive Forces Impacting Relationships:

   • Understand sources of competitive advantage and rivalry.
   • Evaluate the bargaining power of buyers and suppliers.
   • Assess the impact of new entrants and potential substitutes.
   • Analyze STEEPLE factors affecting supply chains.

4. Compare Sources of Added Value in Supply Chain Relationships:

   • Link relationships to added value outcomes.
   • Identify improvements in quality, cost management, and procurement aspects.
   • Analyze connections between organizations in supply networks.

5. Understand Processes and Procedures for Working with Stakeholders:

   • Assess the purpose of procurement processes and sourcing.
   • Evaluate criteria for supplier