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Supplier Management

Supplier Management
Business, Operations & Compliance

About This Course

In today’s competitive market, strong collaboration with suppliers, outsource partners, and third-party providers is crucial for business success. Effective supplier management involves not only sourcing new partners but also enhancing performance with existing ones. This program equips participants with essential strategies and systems for tracking supplier performance, resolving conflicts, and achieving win-win outcomes. This HRD Corp (HRDC) Claimable Course (Previously Known as SBL-Khas) Is Delivered by a Penang-Based Training Provider Registered with HRD Corp (Formerly Known as HRDF), Specializing in Corporate Skills Development and Workforce Upskilling Across Malaysia. 100% HRD Corp Claimable | Penang Training Provider | Corporate Training Malaysia

Course Outline

DAY 1

Module 1: Fundamental

  • Definition

  • Vendor, Supplier, Contract Manufacturer (CM)

  • Proactive Vs Reactive

  • Strategic & Tactic

  • Balance of Power

  • Win-Win Vs Win-Loose Approach

Module 2: Essence of Supplier Management

  • Categories of Materials

  • Key Pillars

  • 8 Stages of Supplier Lifecycle

  • Proactive Mentality Towards Suppliers

  • Key Sourcing Indicators

  • Selection Criteria

  • Category & Segmentation

  • Supply Positioning

  • The Supplier Perception Model

  • Customer-Supplier Relationship

Lunch

Module 3: SWOT Analysis & Strategies

  • SWOT Overview

  • IC3S Essential Steps

  • Identification

  • Classification & Simplification

  • Strategize & Standardization

  • Examine SO, ST, WO, WT & Customize

DAY 2

Module 4: Challenges in Managing V&S

  • Potential Power

  • Examine SKA

  • Utilize SWOT Strategies

  • Support System

  • Internal Levels

  • External BATNA

  • Right Representative & Contact Person

  • Authority & Power Status

  • Motivation & Attractiveness

  • Responses & Innovation

Lunch

Module 5: Begin With The End in Mind (I)

  • Managing V&S Strategically

  • Business Attitude

  • Supplier Rating Program

  • Process Overview

  • Key Indicators & Scoring

  • Evaluation Team

Module 6: Begin With The End in Mind (II)

  • Essential Steps Overview

  • Data Collection

  • Gap Analysis

  • Forum for Reviewing

  • CAR & Commitment

  • Close The Gap

Module 7: Towards Better Performance

  • Benchmark & Constructive Feedback

  • Assertive, Consistent & Persistent

  • Develop Alternatives & Competitiveness

Interested in this Course?
Contact us for more details
Course TypeIn House & Public
Course LevelMaster Class
AvailabilityAvailable
Flexible scheduling available
Supplier Management | HRDC Certified Training | Eco Essential Technologies