Executive Development Programme Next-Level SRM

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The Executive Development Programme in Next-Level Supplier Relationship Management (SRM) is a certificate course designed to empower professionals in building and maintaining strategic supplier relationships. This programme is crucial in today's dynamic business environment, where effective supplier management is a key driver of organizational success.

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AboutThisCourse

The course addresses the rising industry demand for SRM expertise by equipping learners with essential skills to manage complex supplier networks, leverage strategic partnerships, and drive innovation. By completing this programme, learners will be able to demonstrate proficiency in advanced SRM concepts, negotiation techniques, risk management, and performance measurement, providing a competitive edge in their careers. Through a combination of practical exercises, real-life case studies, and interactive sessions, this course offers a comprehensive learning experience that enables professionals to maximize their potential and accelerate their career growth in procurement, supply chain management, and related fields.

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CourseDetails

• Strategic Sourcing and Procurement: Understanding the fundamentals of strategic sourcing and procurement, including category management, supplier relationship management, and cost reduction strategies.

• Negotiation Skills: Developing advanced negotiation techniques and strategies for successful supplier negotiations, including preparing for negotiations, identifying negotiation levers, and closing deals.

• Contract Management: Learning best practices in contract management, including contract creation, execution, and monitoring, to ensure supplier compliance and drive value.

• Risk Management: Identifying and managing risks in the supplier relationship, including supply chain disruptions, financial risks, and reputational risks.

• Digital Transformation in SRM: Exploring the impact of digital transformation on supplier relationship management, including the use of technology to automate processes, analyze data, and improve collaboration with suppliers.

• Sustainable SRM: Integrating sustainability into supplier relationship management, including identifying sustainable suppliers, measuring sustainability performance, and developing sustainable supply chains.

• Global SRM: Managing supplier relationships in a global context, including cultural differences, legal and regulatory considerations, and global supply chain management.

• Stakeholder Management: Building and managing relationships with internal and external stakeholders, including procurement, finance, legal, and senior executives, to align on SRM strategy and drive value.

• Performance Measurement: Establishing and measuring supplier performance, including developing performance metrics, tracking performance, and using performance data to drive continuous improvement.

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EntryRequirements

  • BasicUnderstandingSubject
  • ProficiencyEnglish
  • ComputerInternetAccess
  • BasicComputerSkills
  • DedicationCompleteCourse

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  • NotAccreditedRecognized
  • NotRegulatedAuthorized
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CourseFee

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FastTrack GBP £140
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AcceleratedLearningPath
  • ThreeFourHoursPerWeek
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StandardMode GBP £90
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FlexibleLearningPace
  • TwoThreeHoursPerWeek
  • RegularCertificateDelivery
  • OpenEnrollmentStartAnytime
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  • DigitalCertificate
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EXECUTIVE DEVELOPMENT PROGRAMME NEXT-LEVEL SRM
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London School of International Business (LSIB)
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05 May 2025
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