Training on Supplier Relationship Management (SRM) Practitioner
Course Overview
Strong supplier relationships are essential for resilient supply chains, cost efficiency, and sustained business value. Organizations that actively manage supplier partnerships can improve performance, reduce risks, and unlock innovation across their procurement and supply networks.
This 5-day training course equips participants with the practical skills and frameworks needed to implement effective Supplier Relationship Management (SRM) practices. The program focuses on building collaborative partnerships with suppliers while ensuring accountability, transparency, and performance improvement.
Participants will explore key SRM concepts including supplier segmentation, performance monitoring, supplier risk management, and value creation through strategic partnerships. The training also covers negotiation techniques, communication strategies, and governance models that strengthen long-term supplier collaboration.
In addition, the course examines practical tools for measuring supplier performance, managing supplier development programs, and resolving supplier disputes. Through case studies, practical exercises, and real-world procurement scenarios, participants gain hands-on experience applying SRM strategies in their organizations.
By the end of the course, participants will be able to design structured supplier relationship strategies, enhance supplier collaboration, and maximize value from supplier engagements.
Duration
5 Days
Who Should Attend
• Procurement and Supply Chain Professionals
• Supplier Relationship Managers
• Contract and Category Managers
• Vendor Management Officers
• Business Leaders involved in Supplier Negotiations
Course Impact
Organizational Impact
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Stronger, more reliable supplier partnerships
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Improved supplier performance and risk management
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Cost reduction and innovation from suppliers
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Better alignment of supplier strategies with business goals
Personal Impact
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Skills in managing and developing supplier relationships
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Improved negotiation and collaboration abilities
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Knowledge of performance evaluation frameworks
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Ability to reduce risks and drive mutual value
Course Objectives
By the end of this training, participants will be able to:
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Understand the principles and best practices of SRM.
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Build and sustain effective supplier partnerships.
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Apply tools for supplier performance evaluation and risk assessment.
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Enhance communication, trust, and collaboration with suppliers.
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Leverage SRM to drive innovation, sustainability, and long-term value.
Course Outline
Module 1: Foundations of Supplier Relationship Management
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Definition, scope, and importance of SRM
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Strategic vs. transactional supplier relationships
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Case Study: Transitioning from vendor management to SRM
Module 2: Supplier Segmentation & Performance Measurement
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Categorizing suppliers by value and risk
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KPIs and scorecards for supplier performance
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Case Study: Using balanced scorecards in supplier performance
Module 3: Building Effective Supplier Partnerships
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Trust, collaboration, and communication strategies
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Developing joint business plans with suppliers
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Case Study: Collaborative supplier development in automotive industry
Module 4: Risk Management in Supplier Relationships
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Identifying and mitigating supplier-related risks
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Resilience and continuity planning
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Case Study: Managing supply risk during global disruptions
Module 5: Negotiation, Innovation & Value Creation
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Advanced negotiation skills for SRM
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Driving supplier-led innovation and cost savings
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Case Study: Supplier collaboration for sustainable procurement
Prerequisites
Course Administration and Investment
Whether you join us in a physical boardroom or through our virtual campus, we’ve designed every administrative detail for a seamless, professional experience.
Our fees are all inclusive during course hours.
- Covered: High level tuition, comprehensive materials (digital + physical), mid morning and afternoon refreshments, a full executive lunch, and any scheduled study visits or site tours.
- Not covered: Travel, visa fees, medical/travel insurance, personal expenses, and accommodation.
From registration to the classroom, we keep things clear and efficient.
- Registration: Find your preferred schedule, click “Register,” complete the form, and submit. Need help? Talk to us directly.
- Pre Course Assessment: After registering, you’ll receive a diagnostic survey to help facilitators tailor content to your needs.
- Joining Instructions: Once fees are paid, you’ll receive a Delegate Welcome Pack at least 7 days before the start date (venue maps, virtual access links, and pre reading materials).
We provide premium environments optimized for adult learning and networking.
- Physical Venues: Premium 4 star and 5 star executive boardrooms across our global host cities, with high tier catering.
- Virtual Instructor Led Training (VILT): High definition, interactive platforms featuring breakout rooms, digital whiteboards, and live technical support.
- NITA and Regulatory Compliance: Administrative processes align with national training authorities.
You’ll leave with tools that extend the course value far beyond the final day.
- ForElite Learner Kit: A physical or digital course manual, proprietary templates, and a curated toolkit of industry standard SOPs.
- On Site / In App Support: Dedicated course coordinators handle technical, dietary, or logistical inquiries in real time.
We validate your commitment to excellence with internationally recognized credentials.
- Attendance Tracking: Rigorous daily logging to meet corporate and regulatory accreditation requirements.
- Verifiable Credentials: Upon successful completion, you receive a certificate of course completion.
Our relationship with you doesn’t end when the course closes.
- Feedback & ROI Reporting: Detailed post course evaluations to give sponsors clear insight into training impact.
- Alumni Network Access: Every delegate joins the ForElite Alumni Network for ongoing peer to peer learning and exclusive webinars.
When is the next intake?
UpdatedWe offer customized training solutions tailored to your organization's specific needs (location, dates, content and team size).
Talk to us and we’ll guide you on the best schedule and format for your team.
Training Methodology
We turn knowledge into results. Using our P.E.A.K. Framework (Prepare, Engage, Apply, Know), every participant leaves with practical skills they can use immediately.
Proven Impact
In the last 12 months, over 1,200 professionals have applied the P.E.A.K. Framework to reduce onboarding time by an average of 30% and accelerate project delivery across 14 industries.
The outcome: Participants don’t just learn. They gain the tools, confidence, and strategy to drive measurable impact.
Tailor-Made Training and Customization
Off-the-shelf solutions rarely fit perfectly. At ForElite Training Institute, we built our Tailor-Made Training (TMT) service to embed our expertise directly into your unique strategy, culture, and operations.
We replace generic examples with scenarios from your sector (e.g., public sector, NGOs, financial services, or logistics).
Choose a format that fits your operations: intensive 3 day bootcamps or weekly sessions that minimize work disruption.
We teach directly from your actual templates, brand guidelines, or financial reports.
Host your bespoke training in any of our 21+ global cities, or we'll send facilitators to your office anywhere in the world.
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About Us
ForElite Training Institute is a global institutional capacity-building and EdTech partner that empowers organizations and professionals with transformative, high-impact learning.