Introduction to Supplier Management Overview

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 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 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. Explore The Knowledge Academy’s vast range Management Courses to expand your management expertise.

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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

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Introduction to Supplier Management. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's Introduction to Supplier Management, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Experience the most sought-after learning style with The Knowledge Academy's Introduction to Supplier Management. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led Introduction to Supplier Management sessions.

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Highly experienced trainers

Boost your skills with our expert trainers, boasting 10+ years of real-world experience, ensuring an engaging and informative training 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

Our Classroom courses with limited class sizes foster discussions and provide a personalised, interactive learning environment

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Great value for money

Achieve certification without breaking the bank. Find a lower price elsewhere? We'll match it to guarantee you the best value

Streamline large-scale training requirements with The Knowledge Academy’s In-house/Onsite Introduction to Supplier Management at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

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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

Our Introduction to Supplier Management offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

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 Australia starts from AUD1895
The Knowledge Academy is the Leading global training provider for Introduction to Supplier Management.
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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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Introduction To Supplier Management in Australia

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