Masterclass Certificate in SRM: Building a World-Class Function

Name: Masterclass Certificate in SRM: Building a World-Class Function
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The Masterclass Certificate in Supplier Relationship Management (SRM) is a comprehensive course designed to build a world-class SRM function. This course is crucial in today's business landscape, where effective supplier management is a key driver of success and competitive advantage.

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AboutThisCourse

The course is in high demand across industries as organizations recognize the importance of developing strategic supplier relationships to drive innovation, reduce costs, and manage risks. The course equips learners with essential skills in supplier selection, contract management, risk management, performance measurement, and relationship development. Learners will gain a deep understanding of the SRM process, from identifying strategic suppliers to managing ongoing relationships. They will also learn how to use data and analytics to make informed decisions, negotiate effective contracts, and manage risks in the supply chain. By completing this course, learners will be well-positioned to advance their careers in procurement, supply chain management, and related fields. They will have the skills and knowledge to lead supplier relationship management initiatives, drive innovation, and create value for their organizations.

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CourseDetails

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Unit 1: Introduction to SRM & Its Importance
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Unit 2: Supplier Selection & Evaluation
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Unit 3: Contract Management & Negotiation
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Unit 4: Risk Management in SRM
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Unit 5: Performance Metrics & KPIs in SRM
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Unit 6: SRM Technology & Tools
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Unit 7: Building Strong Supplier Relationships
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Unit 8: Supplier Diversity & Inclusion
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Unit 9: SRM Strategy & Implementation
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Unit 10: Continuous Improvement in SRM

CareerPath

The **Masterclass Certificate in SRM (Supplier Relationship Management)** is a valuable program for professionals looking to advance their careers in supply chain management. This section features a 3D pie chart highlighting key roles in the SRM field, along with their respective job market shares. 1. **Supply Chain Manager**: Accounting for 15% of the market share, supply chain managers oversee the entire supply chain process, ensuring seamless operations. 2. **Demand Planner**: Demand planners (20% market share) are responsible for predicting customer demand and aligning supply chain activities accordingly. 3. **Logistics Analyst**: With a 18% share, logistics analysts optimize logistics operations and cost structures to support supply chain efficiency. 4. **Procurement Specialist**: Procurement specialists, representing 25% of the market, manage strategic sourcing and supplier relationship management. 5. **Inventory Controller**: Inventory controllers (22% market share) maintain optimal inventory levels and reduce costs associated with stock management. The 3D pie chart is an engaging way to visualize the data and showcase the demand for each role within the SRM landscape.

EntryRequirements

BasicUnderstandingSubject
ProficiencyEnglish
ComputerInternetAccess
BasicComputerSkills
DedicationCompleteCourse

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FastTrack GBP £140

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AcceleratedLearningPath

ThreeFourHoursPerWeek
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StandardMode GBP £90

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TwoThreeHoursPerWeek
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MASTERCLASS CERTIFICATE IN SRM: BUILDING A WORLD-CLASS FUNCTION

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London School of International Business (LSIB)

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05 May 2025

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