Supplier Relationship Management – Introduction
This introductory course covers the basic principles of the Positive Purchasing Supplier Management (SM) process as part of an overall SRM approach. View Course
Your supply base could be home to huge untapped potential, yet it may also harbour significant risk. Supplier Relationship Management (SRM) is a multi-faceted procurement approach to manage and maximize the value from key suppliers and within key supply chains. And, for the critical few, it can unlock new, game changing benefits. Ultimately SRM is a key strategic approach to realizing organizational goals and driving competitive advantage and effectiveness.
We combine the latest generation of SaaS and digital platforms with training and tools to enable Supplier Relationship Management in your organization. Through applying our Orchestra of SRM® methodology, and our proven 5S™ and 5A™ processes, we enable your organization to determine which suppliers and supply chains are important and why, and establish tailored supply-side interventions that will unlock new value, reduce or manage risk, or drive in sustainability for key suppliers and supply chains.
This stage-based approach uses best-practice theory and has been proven to deliver results in organizations around the globe.
The Orchestra of SRM® is made up of six parts including Supplier Segmentation, Supplier Performance Measurement, Supplier Improvement and Development, Supplier Management, Supply Chain Management and Strategic Collaborative Relationships.
Supplier Segmentation
Segmenting the supplier base to determine which suppliers are important or strategic, what makes them so, and therefore what ‘orchestra intervention’ is needed to generate value for the business or manage risk.
Supplier Performance Measurement
Meaningful, targeted supplier KPI’s, analysis and reporting to ensure compliance or as a basis to drive improvement among key suppliers.
Supplier Improvement and Development
Managing how we drive improvements with suppliers to fix and prevent supplier-related issues or invest in developing supplier capability.
Supplier Management
Ensuring compliance, managing risk, ensuring the right relationship, and reviewing performance for your important suppliers on an ongoing basis.
Supply Chain Management
Driving advantage and managing risk upstream in the supply chain, including tools to help organizations realize sustainability and CSR goals.
Strategic Collaborative Relationships
Working with the critical few suppliers, securing mutually beneficial outcomes and making a dramatic difference to your competitive advantage using our 5A™ process.
Individual and team-wide assessments to develop a measure of core strategic procurement and negotiation capability. Assess individual role-based skills and get tailored and managed learning and development pathways through the Procleus learning academy.
Assessed via online self-assessment, or a fully managed interview-based program, we offer structured insights into personal and team-wide capabilities and provide the basis to create a targeted learning and development roadmap.
Strategic sourcing and negotiation toolkits featuring full process and extensive suite of reference materials and resources to support each step, plus online and downloadable templates for:
Build powerful category strategies with the 5i® Category Management sourcing and 5i® Lite toolkits, now with sustainability embedded at every step!
Unlock value in your supply base with the 5S Orchestra of SRM® methodology including the 5A Strategic Collaborative Relationship (SCR) process.
Build your confidence in negotiation outcomes to deliver outstanding results with our Red Sheet®, Red Sheet Lite and Red Sheet Nano negotiation planning toolkits.
Realize your purchasing power with the 5D Power Buying® process featuring practical step-by-step guidance for every stage of buying.
Realize supply-side sustainability and equip and enable your team to meet organizational sustainability goals with the OMEIA® Sustainable Procurement process.
A comprehensive range of digital learning modules and managed learning programs to measure and develop individual and team-wide procurement capability, end-to-end. If you need something bespoke, we can create custom learning modules or programs to reflect specific organizational needs.
Vast library of digital learning modules for Category Management, SRM and negotiation with self-study and on-demand video for all core toolkits and activities.
Managed time-bound team learning programs, with options from ‘digital learning weeks’ to 12-month supported programs.
We can also uplift team capability with instructor-led training. Discover our programs here.
Complete your configuration with one of our partner apps to give you everything you need for strategic procurement.
Power your Procleus platform by plugging in our AI guided workflow tools:
Capella creates powerful category strategies underpinned by the proven 5i® method to deliver game-changing value from the supply base: secure supply into the future, deliver cost savings, reduce supply-side risk and drive sustainability.
Ruby enables you to create winning negotiation strategies using the leading Red Sheet method, allowing globally dispersed teams to seamlessly work together. You can even live role play with Ruby!
Built on our unique 5D Power Buying® process, the Buyer’s Toolkit provides a simple step-by-step approach to buying well. The platform covers every stage of buying and combines all the best-practice tools and theory for professional buying and negotiation into a straightforward framework that can improve the result of a purchase at any scale.
We offer high-impact courses for individuals and procurement teams. These courses can be delivered online as a series of instructor-led workshops, in a classroom setting, or as blended learning solutions. Our trainers are renowned experts in the field, with personal experience gained from practicing procurement for large organizations around the world.
This introductory course covers the basic principles of the Positive Purchasing Supplier Management (SM) process as part of an overall SRM approach. View Course
Our intensive SRM course is based on our unique Orchestra of SRM® model and 5A™ methodology. View Course
This comprehensive advanced course is built around the Positive Purchasing Orchestra of SRM® model. View Course
A series of facilitated workshops for your organization to segment the supply base and determine which suppliers are important. View Course
An introductory accounting & finance course aimed at those who want to understand how to use financial data and indicators to assess a supplier's position. View Course
An intensive accounting & finance course aimed at those who want to understand how to use financial data and indicators to assess a supplier's position. View Course
“Through great examples and discussions, the trainer provided an in-depth understanding of SRM. The breakout sessions further enhanced that every individual’s opinion mattered equally, which helped cement the training course objectives”.
Intensive Supplier Relationship Management course delegate – Healthcare organization
“If you work in commercial or procurement, this course is very relevant and will provide a real-life practical approach. It will teach you everything you need to manage suppliers successfully with a holistic approach and get the most value out of your supply base”.
Intensive Supplier Relationship Management course delegate – Government Ministry
“The governance and SRM program structure is a great roadmap. I would recommend this training to anyone looking to obtain a solid understanding of SRM and gather tools and processes to support them within their work”.
Intensive Supplier Relationship Management course – Positive Purchasing public training delegate
The support you need at the outset when implementing SRM – facilitated workshops with your senior team to mobilize an SRM program. Includes Supplier Segmentation and Opportunity Analysis to determine, identify and classify (or ‘tier’) your important and strategic suppliers. We will also help determine and prioritize the many and varied interventions needed across these suppliers in order to realize the benefits you seek, along with support to ensure you put in place the governance needed for success. Mobilize your team for success with these tailored workshops designed to help you embed SRM to realize organizational goals.
Our Supplier Relationship Management success package is a complete solution of licences to Procleus, training and resources for your purchasing team.
With practical tips and a proven approach, this is the guide to understanding how to maximize the potential of suppliers to gain a competitive advantage, get more innovation and drive sustainability. Written by our CEO, Jonathan O’Brien, Supplier Relationship Management explains the importance of ongoing supplier management, how to measure and improve their performance, and for the critical few that can make a dramatic difference to our organization, drive in and future-proof strategic collaborative relationships. The Orchestra of SRM® framework, coupled with expert tips, tools and resources, delivers clear guidance on how to design an effective supplier relationship management program, with maximum return on time and investment.
Use discount code WL3SRM20 to receive a 20% discount!
If you’d like to discuss how our training, platform and package options could work for your organization, please click below or call us on +44 33 00 94 0000.