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EncartaLabs

Supplier Management and Development

( Duration: 1 Day )

A man is known by the company he keeps goes to the age-old adage. True to this adage, it can be said that a company is known by the vendors it keeps. In today’s competitive environment, progressive firms must be able to produce quality products at reasonable prices. Product quality is a direct result of the production workforce and suppliers. Buying organisations can no longer afford to maintain a large supplier base. There is a clear shift from a one-time operational relationship to a long term strategic relationship. This Supplier Management and Development training course is designed so that you get insight into the strategic aspects of buyer-supplier relationships.

By attending Supplier Management and Development workshop, delegates will learn:

  • Distinguishing between strategic, tactical and operational procurement
  • Develop a checklist so as to appraise the suppliers
  • Evaluating and rating the potential suppliers
  • Categorisation of the suppliers
  • Developing the suppliers to reduce the cost after 2-3 years
  • Conducting a satisfaction survey of the suppliers

COURSE AGENDA

Day 1 - First Half

  • Traditional Procurement Vs Strategic Procurement
  • Concept of Total Cost of Ownership (TCO)
  • Scientific method of Supplier Assessment
  • Post-project evaluation of the suppliers
  • Supplier analysis based on Kraljic Matrix
  • Supplier analysis based on “What Suppliers Think of You ?” Matrix

Day 1 - Second Half

  • How to develop a “Supplier Development Plan” (VDP) based on the above two matrices
  • Various ratios used to measure the performance of Purchase Department in general suppliers in particular
  • How to audit various functions of a supplier's organisation?
  • How to conduct Supplier Satisfaction Survey (SSS)

Encarta Labs Advantage

  • One Stop Corporate Training Solution Providers for over 6,000 various courses on a variety of subjects
  • All courses are delivered by Industry Veterans
  • Get jumpstarted from newbie to production ready in a matter of few days
  • Trained more than 50,000 Corporate executives across the Globe
  • All our trainings are conducted in workshop mode with more focus on hands-on sessions

View our other course offerings by visiting https://www.encartalabs.com/course-catalogue-all.php

Contact us for delivering this course as a public/open-house workshop/online training for a group of 10+ candidates.

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