Executive Development Programme in Transformative Supplier Strategies

• Understanding Supplier Relationship Management: This unit will cover the basics of supplier relationship management, including the importance of collaborative relationships with suppliers, best practices for supplier selection, and strategies for managing supplier performance.
• Transformative Supplier Strategies: In this unit, participants will learn about the latest trends and best practices in supplier strategies, including how to leverage technology to optimize supplier relationships, how to create a supplier diversity program, and how to implement sustainable supplier practices.
• Category Management for Strategic Sourcing: This unit will focus on the principles of category management, including how to segment suppliers, how to develop and implement category strategies, and how to measure the success of category management initiatives.
• Negotiating with Suppliers: This unit will cover the essentials of successful supplier negotiations, including how to prepare for negotiations, how to use negotiation techniques to achieve desired outcomes, and how to manage supplier relationships after negotiations are complete.
• Risk Management in Supplier Strategies: In this unit, participants will learn about the risks associated with supplier relationships and how to mitigate those risks through effective risk management strategies. Topics will include supply chain disruption, supplier financial risk, and cybersecurity risks.
• Supplier Performance Management: This unit will focus on the importance of monitoring and managing supplier performance, including how to set performance expectations, how to measure supplier performance, and how to take corrective action when performance issues arise.
• Ethical Considerations in Supplier Relationships: This unit will cover the ethical considerations that are essential to building and maintaining successful supplier relationships, including how to ensure supplier compliance with laws and regulations, how to address ethical concerns in the supply chain, and how to promote ethical behavior throughout the organization.
• Global Supplier Management: In this unit, participants will learn about the unique challenges of managing suppliers in a global environment, including cultural differences, language barriers, and logistical challenges. Topics will include how to develop global supplier strategies, how to manage global supplier relationships, and how to navigate international trade regulations.
• Supplier Development Programs: This unit will cover the benefits of supplier development programs, including how to identify and develop strategic suppliers, how to collaborate with suppliers to improve performance, and how to measure the success of supplier development initiatives.