Supplier relationship management (SRM) is a systematic approach to evaluating and partnering with vendors that supply goods, materials and services to an organization, determining each supplier’s contribution to success, and developing strategies to improve their performance.
Objective
Identify, evaluate and deepen supplier and vendor relationships
Negotiate supplier contracts & agreements
Evaluate and monitor the benefits and risks associated with suppliers
Enhance organizational efficiency & drive value across your supply chain
Who should attend?
SRM is beneficial for professionals in supply chain management, procurement, and supplier relations, including roles like supply chain managers and procurement specialists.
Procurement Professionals
Supply Chain Managers
Vendor Managers
Operations Managers
Strategic Sourcing Professionals
Business Owners and Executives
Compliance and Risk Management Professionals
Why employers value this certification?
Supplier Management Expertise - Knowledge in managing supplier relationships.
Negotiation Skills - Ability to negotiate effectively.
Strategic Thinking - Capability to align supplier strategies with business goals.
Risk Management - Skills to predict and manage supplier risks.