Supplier Management : Cost Reduction & Risk Mitigation

How Will You Benefit

Upon completion of this programme, the participants will be able to :

• Understand strategic importance of supplier development
• Define successful buyer & seller transactional relationship
• Familiarize the principal of value engineering and analysis

Audience

This course is specially designed for Managers, Executives, Officers, Representatives. Level for Officers and above

Methodology

Lecture, role plays, activities, negotiating assessment and experiential role play

Module

• STRATEGIC IMPORTANCE OF SUPPLIER MANAGEMENT
• ENGINEERING THE SUPPLIER’S SUPPLY MANAGEMENT SYSTEM
• UNDERSTANDING THE SUPPLIER DEVELOPMENT PROCESS
• DEFINING THE SUPPLIER DEVELOPING ENABLERS
• PRINCIPLES OF VALUE ENGINEERING AND VALUE ANALYSIS
• THE BARRIERS TO AN EFFECTIVE SUPPLIER DEVELOPMENT
• MONITORING AND CONTROLLING TOTAL SUPPLIER PERFORMANCE
• SOLICITATION OF SUPPLIER SELECTION AND SURVEY