Procurement Basics: Supplier Relationship Management
Procurement Basics: Supplier Relationship Management, available at $24.99, has an average rating of 4, with 21 lectures, 1 quizzes, based on 64 reviews, and has 177 subscribers.
You will learn about Supplier Relationship Management Vendor Management Procurement Supply Chain Sourcing Purchasing Operations Operations Management Supply Chain Management This course is ideal for individuals who are Early Career Procurement Professionals or Early Career Supply Chain Professionals or Early Career Sourcing Professionals or Students interested in Procurement / Sourcing / Supply Chain It is particularly useful for Early Career Procurement Professionals or Early Career Supply Chain Professionals or Early Career Sourcing Professionals or Students interested in Procurement / Sourcing / Supply Chain.
Enroll now: Procurement Basics: Supplier Relationship Management
Summary
Title: Procurement Basics: Supplier Relationship Management
Price: $24.99
Average Rating: 4
Number of Lectures: 21
Number of Quizzes: 1
Number of Published Lectures: 21
Number of Curriculum Items: 22
Number of Published Curriculum Objects: 21
Original Price: $29.99
Quality Status: approved
Status: Live
What You Will Learn
- Supplier Relationship Management
- Vendor Management
- Procurement
- Supply Chain
- Sourcing
- Purchasing
- Operations
- Operations Management
- Supply Chain Management
Who Should Attend
- Early Career Procurement Professionals
- Early Career Supply Chain Professionals
- Early Career Sourcing Professionals
- Students interested in Procurement / Sourcing / Supply Chain
Target Audiences
- Early Career Procurement Professionals
- Early Career Supply Chain Professionals
- Early Career Sourcing Professionals
- Students interested in Procurement / Sourcing / Supply Chain
Strategic SRM is an intentional process focusing on building and leveraging two-way relationships that are aimed at enhancing collaboration, fostering innovation, and driving competitive advantage. It enables the effective management of suppliers, so they can help the company be even more competitive in the market via better delivery/quality execution, faster services, new innovations, etc.
Supplier Relationship Management (SRM) includes the following:
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Coordinated planning and execution of all interactions with vendors;
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Methodical, company-wide assessment of the capabilities of suppliers;
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Analysis of which activities to perform with different vendors;
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The evaluation of expected value vs. actual value within supplier relationships.
As a former Chief Procurement Officer, I’ve spent a lot of time and energy managing supplier relationships over the years. In this course, I’ll share with you some advice based on that experience in order to help you become better at SRM.
I co-teach this course with my friend and fellow Procurement professional, Sean-Michael Callahan. We start by sharing our backgrounds so that you can better understand where our experience comes from. We don’t spend too long on this, however, because you know how to work LinkedIn and you can simply look us up there.
This course really begins with a solid Overview of Supplier Relationship Management. Then we take time to explain Why SRM Is Important, which can be extremely helpful if you ever find yourself having to justify your efforts in this area to a colleague or boss.
After that, we walk through the 6 Basic Steps To Implement An SRM Program, and then we discuss ways you can Maximize The Value Of SRM before we finish up with a quick summary.
Unlike other courses out there, our courses are not theoretical, they contain tons of real-life examples of Procurement in action.
I hope you enjoy the course. Feel free to reach out and connect on LinkedIn once you’re enrolled. I’d love to connect!
Cheers,
Nick
Course Curriculum
Chapter 1: Introduction
Lecture 1: Introduction
Chapter 2: Procurement Overview
Lecture 1: Procurement Overview
Chapter 3: SRM Overview
Lecture 1: Supplier Relationship Management Overview
Lecture 2: The Definition Of SRM
Lecture 3: Is SRM A Discipline, Role, Or Capability?
Lecture 4: Core Activities Of SRM
Chapter 4: Why Is SRM Important?
Lecture 1: Why Is SRM Important?
Lecture 2: What Happens If You Don't Have A Robust SRM Program?
Lecture 3: Why Don't All Organizations Have SRM Programs?
Lecture 4: Why Is SRM Good For Suppliers?
Chapter 5: Implementing An SRM Program
Lecture 1: Six Basic Steps
Lecture 2: 1: Segment Supply Base
Lecture 3: 2: Clarify Program Objectives
Lecture 4: 3: Measure Performance
Lecture 5: 4. Manage By Objective
Lecture 6: 5. Develop Strategic Supplier Program
Lecture 7: 6. Continuous Improvement
Chapter 6: Maximizing The Value Of SRM
Lecture 1: Maximizing The Value Of SRM
Lecture 2: Innovation & Collaboration Initiatives
Lecture 3: When Is It Necessary To Intervene With A Supplier?
Chapter 7: Recap
Lecture 1: Recap
Instructors
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Nick Gunn
Founder & CEO at The NiVACK Group
Rating Distribution
- 1 stars: 0 votes
- 2 stars: 3 votes
- 3 stars: 20 votes
- 4 stars: 22 votes
- 5 stars: 19 votes
Frequently Asked Questions
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