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Strategic Vendor & Supplier Relationship Management

Supplier relationship management is essential for ensuring performance, resilience, innovation, and value creation within procurement ecosystems. Strong supplier strategies improve cost efficiency and operational reliability. This programme develops structured supplier [...]

  • Course ID: LCP 009
  • Delivered by London Elite Training

– Course Overview

Supplier relationship management is essential for ensuring performance, resilience, innovation, and value creation within procurement ecosystems. Strong supplier strategies improve cost efficiency and operational reliability.

This programme develops structured supplier engagement, performance management, and strategic sourcing relationships.

– Learning Outcomes

By the end of this programme, participants will be able to:

  • Develop supplier relationship strategies
  • Improve supplier performance management systems
  • Strengthen supplier collaboration frameworks
  • Reduce supply chain risks
  • Enhance procurement value creation
  • Manage supplier segmentation systems
  • Improve negotiation outcomes
  • Develop supplier governance plans

– Who Should Attend?

  • Procurement Managers
  • Supply Chain Leaders
  • Contract Managers
  • Commercial Executives
  • Operations Leaders
  • Senior Buyers
  • Course Outline
DAY 01
Supplier Relationship Foundations
  • Supplier ecosystem structures
  • Relationship management principles
  • Supplier segmentation models
  • Strategic vs operational suppliers
  • Supplier governance roles
  • Value creation through suppliers
DAY 02
Supplier Performance Management
  • Supplier KPIs and metrics
  • Performance evaluation systems
  • Supplier scorecards
  • Service level agreements
  • Continuous improvement frameworks
  • Performance reporting systems
DAY 03
Supplier Collaboration & Innovation
  • Collaborative sourcing models
  • Supplier innovation strategies
  • Joint value creation approaches
  • Long-term partnership development
  • Communication frameworks
  • Supplier engagement techniques
DAY 04
Supplier Risk Management
  • Supplier risk identification
  • Dependency and concentration risks
  • Supply disruption planning
  • Financial stability assessments
  • ESG supplier risks
  • Risk mitigation strategies
DAY 05
Supplier Strategy Simulation
  • Supplier negotiation exercise
  • Performance management simulation
  • Risk resolution case study
  • Supplier review board simulation
  • Strategic sourcing presentation
  • Final assessment review

Duration

  • 5 Days

In Person (Special Discount for this period only!)

  • £ 4,500
  • 3,950

Online (Special Discount for this period only!)

  • £ 2,300
  • 1,750
  • Global Locations
  • London
  • Dubai
  • Barcelona
  • Paris
  • USA
  • Online
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Corporate groups of 2+ are eligible for a 15% discount. Enquire here

Need personal advice?

Speak with a course consultant to see if this programme fits your career goals.

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