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Supplier Relationship Management (SRM) Training Course


Summary

The Supplier Relationship Management (SRM) Training Course offered by The British Academy For Training and Development is designed to help professionals develop strategic partnerships with suppliers that improve business performance, reduce risks, and create long-term value. As part of our Logistics & Supply Chain Training Courses under the Management category of Management, this course provides practical knowledge on managing supplier relationships through effective communication, performance measurement, and continuous improvement initiatives. Participants will gain a comprehensive understanding of procurement, supplier segmentation, and best practices for strengthening business partnerships.

This training also focuses on enhancing supplier performance through structured supplier evaluation, effective vendor collaboration, and well-managed contracts. Learners will explore proven techniques for resolving supplier issues, monitoring key performance indicators (KPIs), managing supplier risks, and developing mutually beneficial agreements that support organisational objectives. By the end of the course, participants will be equipped to build resilient supplier networks that contribute to operational excellence and sustainable supply chain success.

Objectives and target group

Objectives

  • Understand the principles and importance of Supplier Relationship Management.
  • Develop strategies to improve supplier performance and supplier engagement.
  • Learn effective techniques for supplier evaluation and supplier selection.
  • Strengthen vendor collaboration to achieve shared business goals.
  • Improve procurement processes through strategic supplier partnerships.
  • Manage supplier contracts effectively to minimise risks and maximise value.
  • Monitor supplier KPIs and implement continuous performance improvement.
  • Identify and mitigate supplier-related risks within the supply chain.
  • Enhance negotiation and communication skills with suppliers.
  • Build long-term supplier relationships that support organisational growth.

Target Audience

  • Procurement Managers and Purchasing Professionals
  • Supply Chain Managers
  • Logistics Managers
  • Contract Managers
  • Vendor and Supplier Relationship Managers
  • Operations Managers
  • Category Managers
  • Strategic Sourcing Professionals
  • Business Development Managers
  • Anyone responsible for supplier management and procurement activities

Course Content

Module 1: Introduction to Supplier Relationship Management

  • Fundamentals of Supplier Relationship Management
  • Importance of strategic supplier partnerships
  • SRM principles and lifecycle
  • Benefits of effective supplier management

Module 2: Supplier Segmentation and Selection

  • Supplier classification methods
  • Supplier selection criteria
  • Strategic sourcing approaches
  • Building supplier portfolios

Module 3: Supplier Evaluation and Performance Management

  • Methods of supplier evaluation
  • Measuring supplier performance
  • Developing supplier scorecards
  • Performance monitoring and reporting

Module 4: Vendor Collaboration Strategies

  • Building trust with suppliers
  • Enhancing vendor collaboration
  • Joint planning and innovation
  • Communication best practices

Module 5: Procurement and Supplier Integration

  • Aligning SRM with procurement objectives
  • Procurement planning and supplier engagement
  • Supplier contribution to supply chain efficiency
  • Procurement process optimisation

Module 6: Contract Management and Compliance

  • Managing supplier contracts
  • Contract negotiation techniques
  • Supplier compliance management
  • Legal and commercial considerations

Module 7: Supplier Risk Management

  • Identifying supplier risks
  • Supply chain disruption management
  • Business continuity planning
  • Risk mitigation strategies

Module 8: Continuous Improvement and Strategic Partnerships

  • Supplier development programmes
  • Continuous improvement frameworks
  • Long-term relationship management
  • Creating value through strategic supplier collaboration

Course Date

2026-10-26

2027-01-25

2027-04-26

2027-07-26

Course Cost

Note / Price varies according to the selected city

Members NO. : 1
£4200 / Member

Members NO. : 2 - 3
£3360 / Member

Members NO. : + 3
£2604 / Member

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