Strategic Supplier Relationship Management Excellence: A Complete Guide
Course Overview
In today’s globally interconnected markets, effective supplier relationships are critical for operational efficiency, innovation, and sustainable competitive advantage. The **Strategic Supplier Relationship Management (SRM) Excellence: A Complete Guide** programme equips professionals with the knowledge, frameworks, and tools to manage supplier partnerships strategically.
Participants will explore the full lifecycle of supplier relationship management — from selection and evaluation to performance monitoring, risk mitigation, and collaboration. The course integrates practical exercises, case studies, and global best practices, enabling participants to build high-performing supplier networks that enhance value delivery, reduce costs, and drive continuous improvement.
Course Objectives
By the end of this course, participants will be able to:
1. Understand the strategic importance of supplier relationship management.
2. Develop frameworks for selecting, evaluating, and segmenting suppliers.
3. Implement performance measurement and continuous improvement strategies.
4. Apply risk management techniques to supplier relationships.
5. Foster collaboration and innovation with key strategic suppliers.
6. Align SRM practices with organizational objectives and business strategy.
Learning Outcomes
Participants will be able to:
* Build and maintain strategic supplier partnerships for long-term value.
* Apply supplier segmentation, evaluation, and prioritization frameworks.
* Monitor supplier performance using KPIs, SLAs, and scorecards.
* Mitigate supply chain risks and ensure compliance.
* Drive innovation and collaborative initiatives with suppliers.
Who Should Attend
This programme is ideal for:
* Procurement and Sourcing Managers
* Supplier Relationship Managers
* Supply Chain and Operations Leaders
* Contract and Vendor Management Professionals
* Risk and Compliance Officers
* Professionals responsible for strategic supplier management and partnerships
Course Outline (5 Days)
Day 1 – Strategic Importance of Supplier Relationships
* Understanding supplier relationship management (SRM) principles
* The role of SRM in driving business performance
* Supplier segmentation and prioritization strategies
* **Case Study:** Building high-value supplier partnerships
Day 2 – Supplier Selection and Evaluation
* Criteria for supplier selection and risk assessment
* Supplier audit and qualification processes
* Scorecards and benchmarking techniques
* **Workshop:** Designing a supplier evaluation framework
Day 3 – Performance Management and Continuous Improvement
* KPI development and SLA monitoring
* Supplier performance analysis and reporting
* Continuous improvement and corrective action processes
* **Exercise:** Implementing a supplier performance management system
Day 4 – Risk and Compliance in Supplier Management
* Identifying and mitigating supplier risks
* Contract compliance and governance
* Ethical sourcing and sustainability considerations
* **Practical Exercise:** Supplier risk assessment and mitigation plan
Day 5 – Collaboration and Innovation
* Developing collaborative supplier initiatives
* Driving innovation and joint value creation
* Aligning supplier strategy with organizational goals
* **Action Planning:** Designing a 12-month strategic SRM roadmap
Certification
Participants who successfully complete the programme will receive the
**Certificate in Strategic Supplier Relationship Management Excellence**
from **KE Leaders Training Centre, London**,
demonstrating mastery of strategic SRM principles, tools, and global best practices.
Key Benefits
✔ Develop strategic supplier relationship management skills.
✔ Enhance supplier performance through KPIs, SLAs, and benchmarking.
✔ Implement risk mitigation and compliance practices.
✔ Foster collaboration and drive innovation with key suppliers.
✔ Align SRM strategy with organizational objectives and growth.
Contact Info:
Enquiry at : admin@keleaders.com
Whatsapp: 0044 790 125 9494
For more details visit our website : www.keleaders.com
