Introduction to Supplier Relationships in Procurement
- Offered byTheNetwork360
Introduction to Supplier Relationships in Procurement at TheNetwork360 Overview
Introduction to Supplier Relationships in Procurement
at TheNetwork360
Duration | 4 hours |
Total fee | ₹3,693 |
Mode of learning | Online |
Difficulty level | Intermediate |
Credential | Certificate |
Introduction to Supplier Relationships in Procurement at TheNetwork360 Highlights
Introduction to Supplier Relationships in Procurement
at TheNetwork360
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Introduction to Supplier Relationships in Procurement at TheNetwork360 Course details
Introduction to Supplier Relationships in Procurement
at TheNetwork360
Skills you will learn
Who should do this course?
- Designed for those looking to move into an introductory Procurement role. This course is also ideal for those looking to refresh and expand on previous knowledge of Procurement.
What are the course deliverables?
- Upon completion of the bite-size course you will have the knowledge and understanding needed to effectively manager supplier relationships enabling you to confidently deal with every part of the process a Procurement Professional needs to follow to achieve the strategic aims of their employer
More about this course
- The course begins by exploring what is meant by internal and external suppliers, and the benefits of each before moving on to learning about the relationship spectrum and life cycle, providing you with an interesting insight to both, and how they work alongside each other enabling you to analyse your supplier metrix in order to identify your organisation??s key products and supply sources, helping you to better understand and manager your supplier relationships.
- The course also provides an expert introduction into category management and includes examples to demonstrate exactly how it works and the importance of it within business. You will learn all about the bargaining power of both buyers and suppliers and the factors involved in establishing power and leveraging it within negotiation. Porters Five Forces Model is a crucial element of effective supplier relationships and this is explored in-depth in the next section of the course.
Introduction to Supplier Relationships in Procurement at TheNetwork360 Curriculum
Introduction to Supplier Relationships in Procurement
at TheNetwork360
The relationship spectrum and the relationship life cycle including the stages involved
Identifying key products and supply sources including category management
The bargaining power of both buyers and suppliers
Porters Five Forces Model
How to identify the external factors that influence procurement decisions
How to manage supplier metrics for the purpose of a beneficial relationship
What is involved when it comes to the termination of a supplier relationship
Other courses offered by TheNetwork360
Introduction to Supplier Relationships in Procurement
at TheNetwork360
Student Forum
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ManagementLogistics and Supply ChainSupply chain managementIntroduction to Supplier Relationships in Procurement