Advanced Certificate in Transforming SRM

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The Advanced Certificate in Transforming SRM is a comprehensive course that focuses on the strategic role of Supplier Relationship Management (SRM) in modern businesses. This certification equips learners with essential skills to optimize supplier relationships, drive innovation, and improve organizational performance.

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AboutThisCourse

In today's dynamic business environment, there is an increasing demand for professionals who can effectively manage supplier relationships and drive value. This course is designed to meet that industry need, providing learners with the latest tools, techniques, and best practices in SRM. By the end of this course, learners will have a deep understanding of the SRM process, from identifying strategic suppliers to managing relationships and measuring performance. They will also gain hands-on experience in applying these skills to real-world scenarios, preparing them for challenging roles in procurement, supply chain management, and related fields. Investing in this course is a strategic move for professionals looking to advance their careers and make a significant impact in their organizations. With a Transforming SRM certification, learners will stand out in a competitive job market and be well-positioned to lead in the evolving world of supply chain management.

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CourseDetails

• Advanced SRM Strategy: Understanding the key principles and frameworks of Strategic Sourcing and Category Management, including total cost of ownership, supplier relationship management, and risk management.

• Digital Transformation in SRM: Exploring the impact of digital technologies such as AI, machine learning, and blockchain on sourcing and procurement processes.

• Sustainable SRM: Examining the role of sustainability in supplier relationship management and how to integrate environmental, social, and governance (ESG) factors into sourcing decisions.

• Advanced Negotiations and Contract Management: Developing advanced negotiation skills and techniques for managing complex contracts and relationships with suppliers.

• Global SRM: Understanding the challenges and opportunities of managing global supply chains, including cultural differences, logistics, and compliance issues.

• Supplier Diversity and Inclusion: Learning how to create a diverse and inclusive supplier base and the benefits it brings to organizations and society.

• Data Analytics for SRM: Developing skills in data analysis and visualization to support evidence-based decision-making in sourcing and procurement.

• Innovation in SRM: Exploring the latest trends and best practices in supplier-enabled innovation and how to create value through collaboration with suppliers.

• Change Management in SRM: Understanding the importance of change management in SRM and how to lead and implement change effectively.

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EntryRequirements

  • BasicUnderstandingSubject
  • ProficiencyEnglish
  • ComputerInternetAccess
  • BasicComputerSkills
  • DedicationCompleteCourse

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  • NotAccreditedRecognized
  • NotRegulatedAuthorized
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CourseFee

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FastTrack GBP £140
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AcceleratedLearningPath
  • ThreeFourHoursPerWeek
  • EarlyCertificateDelivery
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StandardMode GBP £90
CompleteInTwoMonths
FlexibleLearningPace
  • TwoThreeHoursPerWeek
  • RegularCertificateDelivery
  • OpenEnrollmentStartAnytime
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  • FullCourseAccess
  • DigitalCertificate
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ADVANCED CERTIFICATE IN TRANSFORMING SRM
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London School of International Business (LSIB)
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05 May 2025
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