Executive Development Programme in Strategic Supplier Selection

Name: Executive Development Programme in Strategic Supplier Selection
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The Executive Development Programme in Strategic Supplier Selection is a certificate course designed to empower professionals with the skills necessary to make informed and effective supplier decisions. In today's complex and dynamic business environment, the ability to strategically select suppliers is crucial for organizational success and growth.

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AboutThisCourse

This course is in high demand across industries, as it helps learners develop a comprehensive understanding of supplier selection, evaluation, and management techniques. By gaining expertise in this area, learners can reduce supply chain risks, improve overall supplier performance, and drive cost savings for their organizations. Throughout the course, learners will acquire essential skills in supplier evaluation models, risk management, negotiation strategies, and contract management. With these skills, learners will be well-prepared to take on leadership roles in supply chain management and drive innovation within their organizations. By investing in this course, professionals can enhance their career prospects and contribute to their organization's long-term success.

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CourseDetails

• Strategic Supplier Selection: An Overview
• Understanding the Supply Chain: Its Importance and Components
• Identifying Potential Suppliers: Research and Analysis Techniques
• Supplier Evaluation Criteria: Quality, Cost, Delivery, and Service (QCDS)
• Risk Management: Assessing and Mitigating Supply Chain Risks
• Negotiation Strategies: Getting the Best Deals with Suppliers
• Contract Management: Drafting, Execution, and Monitoring
• Performance Metrics: Tracking and Evaluating Supplier Performance
• Relationship Management: Building Long-Term Partnerships with Suppliers
• Technology Solutions: Leveraging Digital Tools for Supplier Selection and Management

CareerPath

In the UK, the **Executive Development Programme in Strategic Supplier Selection** is gaining traction, with an increasing demand for professionals skilled in supplier selection and procurement. This 3D pie chart highlights the most in-demand job roles and their respective market shares, providing insights into the current job market trends in the sector. **Procurement Managers** are the most sought-after professionals, accounting for 35% of the market share. Their role involves overseeing operations and ensuring efficient supplier relationships. **Supply Chain Directors** hold 25% of the market share, managing strategic planning, logistics, and procurement functions. **Category Managers** take up 20% of the market share, responsible for managing specific product categories and maintaining supplier relationships. **Contract Specialists** (15%) and **Senior Buyers** (5%) play essential roles in the procurement process, handling negotiations, contract development, and ensuring the best value from suppliers. These statistics demonstrate the evolving job market trends and skill demand in the UK's strategic supplier selection sector, offering valuable insights for those considering a career in this field.

EntryRequirements

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ProficiencyEnglish
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BasicComputerSkills
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FastTrack GBP £140

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ThreeFourHoursPerWeek
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StandardMode GBP £90

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TwoThreeHoursPerWeek
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EXECUTIVE DEVELOPMENT PROGRAMME IN STRATEGIC SUPPLIER SELECTION

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London School of International Business (LSIB)

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05 May 2025

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