Logistics & Supply Chain Management
Supplier Relationship Management Certificate – ASCM
Categories: Online
Supplier Relationship Management Certificate – ASCM
Categories: Online
Course Methodology
This course employs a variety of individual and team exercises, practice questions, case studies, assessments, videos, and group discussions.
Course Objectives
Upon completing this course participants will be able to:
- Identify, evaluate, and deepen supplier and vendor relationships
- Negotiate supplier contracts and agreements
- Evaluate and monitor the benefits and risks associated with suppliers
- Enhance organizational efficiency and drive value across your supply chain
Target Audience
The Supplier Relationship Management Certificate is designed for professionals involved in procurement, supply chain management, and vendor relations, including procurement specialists, category managers, supplier development managers, and contract managers.
Target Competencies
- Supplier Evaluation and Selection
- Contract Negotiation and Management
- Supplier Performance Monitoring
- Risk Management and Mitigation
- Collaboration and Communication
- Supplier Development and Innovation
- Strategic Partnership Building
ASCM’s Supplier Relationship Management Certificate provides the knowledge and skills needed to create long-term and low-risk relationships with valuable suppliers, enhancing
the stability and reliability of the supply chain operations.
The comprehensive training program has 6 modules:
Module 1
Introduction to Supplier Relationship Management (SRM)
- Definition of Supplier Relationship Management
- The Evolution of Supplier Relationship Management
- The Benefits of Supplier Relationship Management Practices
- The Importance of Supplier Relationship
- Management in Supply Chain Management
- Types of Supplier Relationships
- Types of Supplier Contracts and Agreements
- Common Challenges and Pitfalls of Supplier Relationship Management and Solutions to Overcome Them
Module 2
Supplier Selection and Evaluation
- Supplier Relationship Management Goals and Objectives
- Selection Criteria
- Identifying Potential Suppliers
- Identifying Supplier Capabilities
- Evaluating Supplier Qualifications
- Evaluating Supplier Segments
Module 3
Supplier Development
- What is Supplier Development?
- Roles and Expectations for Supplier Relationship Management
- Supplier Development Process
- Financial Assistance
- Supplier Collaboration
Module 4
Supplier Performance Management
- Overview of Supplier Performance Management
- Importance of Supplier Performance Management
- Monitoring Supplier Performance
- Evaluating Supplier Performance
- Giving Effective Feedback
- Improving Supplier Performance
Module 5
Supplier Risk Management
- Understanding Supplier Risks
- Identifying and Assessing Supplier Risks
- Managing Supplier Risks
- Monitoring Supplier Risks
Module 6
Supplier Relationship Management Best Practices
- SRM Framework
- SRM Relationships
- Best Practices
- Leveraging Technology in SRM
The American Production and Inventory Control Society (APICS), also known as the Association for Supply Chain Management (ASCM), is a global leader in supply chain and logistics management, offering internationally acclaimed certification programs and frameworks. APICS-certified professionals earn, on average, 21% more than their non-certified counterparts.
Blue Ocean Academy is affiliated with APICS to provide professional certification in Supply Chain Management across the UAE, India, other GCC countries, and the UK.
Course Methodology
This course employs a variety of individual and team exercises, practice questions, case studies, assessments, videos, and group discussions.
Course Objectives
Upon completing this course participants will be able to:
- Identify, evaluate, and deepen supplier and vendor relationships
- Negotiate supplier contracts and agreements
- Evaluate and monitor the benefits and risks associated with suppliers
- Enhance organizational efficiency and drive value across your supply chain
Target Audience
The Supplier Relationship Management Certificate is designed for professionals involved in procurement, supply chain management, and vendor relations, including procurement specialists, category managers, supplier development managers, and contract managers.
Target Competencies
- Supplier Evaluation and Selection
- Contract Negotiation and Management
- Supplier Performance Monitoring
- Risk Management and Mitigation
- Collaboration and Communication
- Supplier Development and Innovation
- Strategic Partnership Building
ASCM’s Supplier Relationship Management Certificate provides the knowledge and skills needed to create long-term and low-risk relationships with valuable suppliers, enhancing
the stability and reliability of the supply chain operations.
The comprehensive training program has 6 modules:
Module 1
Introduction to Supplier Relationship Management (SRM)
- Definition of Supplier Relationship Management
- The Evolution of Supplier Relationship Management
- The Benefits of Supplier Relationship Management Practices
- The Importance of Supplier Relationship
- Management in Supply Chain Management
- Types of Supplier Relationships
- Types of Supplier Contracts and Agreements
- Common Challenges and Pitfalls of Supplier Relationship Management and Solutions to Overcome Them
Module 2
Supplier Selection and Evaluation
- Supplier Relationship Management Goals and Objectives
- Selection Criteria
- Identifying Potential Suppliers
- Identifying Supplier Capabilities
- Evaluating Supplier Qualifications
- Evaluating Supplier Segments
Module 3
Supplier Development
- What is Supplier Development?
- Roles and Expectations for Supplier Relationship Management
- Supplier Development Process
- Financial Assistance
- Supplier Collaboration
Module 4
Supplier Performance Management
- Overview of Supplier Performance Management
- Importance of Supplier Performance Management
- Monitoring Supplier Performance
- Evaluating Supplier Performance
- Giving Effective Feedback
- Improving Supplier Performance
Module 5
Supplier Risk Management
- Understanding Supplier Risks
- Identifying and Assessing Supplier Risks
- Managing Supplier Risks
- Monitoring Supplier Risks
Module 6
Supplier Relationship Management Best Practices
- SRM Framework
- SRM Relationships
- Best Practices
- Leveraging Technology in SRM
The American Production and Inventory Control Society (APICS), also known as the Association for Supply Chain Management (ASCM), is a global leader in supply chain and logistics management, offering internationally acclaimed certification programs and frameworks. APICS-certified professionals earn, on average, 21% more than their non-certified counterparts.
Blue Ocean Academy is affiliated with APICS to provide professional certification in Supply Chain Management across the UAE, India, other GCC countries, and the UK.