APICS Supplier Relationship Management Certificate

Course Description

This is a certificate course that provides participants with comprehensive knowledge of the concepts, tools, and trends related to supplier relationship management. This course increases the knowledge and skills needed to create long-term and low-risk relationships with valuable suppliers. The included self-paced online program is 20 hours of additional education and a comprehensive final exam. After passing the exam, the participants will earn a certificate and digital badge.

Audience

This course is geared towards those who wish to further their careers by obtaining a certificate and digital badge from the Association of Supply Chain Management (ASCM), including those that are considering Procurement careers or have a few years of experience and are looking to expand their career options in Supply Chain Management or wish to stand out in a competitive job market. It may also be of interest to those that wish to gain education from ASCM, which is generally accepted as the “Gold Standard” in Supply Chain education, training, and development, or as a pathway for those who wish to achieve ASCM certifications such as a CPIM or CSCP.

Professional development is highly valued by employers. Employees with just one certification, certificate or credential earn 17% more than those without. [2022 ASCM Supply Chain Salary and Career Report]

Prerequisites

None, but some experience with purchasing and procurement would be beneficial.

Topics and Course Content

This course will cover topics such as:

• Introduction to Supplier Relationship Management
• Supplier Selection and Evaluation
• Supplier Development
• Supplier Performance Management
• Supplier Risk Management
• Supplier Relationship Management Best Practices

Learning Goals and Results

At the conclusion of the course, the participants will have the knowledge to:

• Discover and identify the different types of supplier relationships, contracts and agreements, and challenges associated with supplier relationship management
• Understand the importance behind strategic supplier selections and how to use criteria ranking methodology to identify supplier capabilities
• Examine the various roles and responsibilities for supplier relationship management, types of financial assistance, and how supplier collaboration can lead to innovation for your organization
• Understand the industry standards and best practices for monitoring, evaluating, reporting, and communicating performance expectations and how to assess and evaluate supplier performance to ensure expectations are met
• Learn how to identify and assess the risks associated with different suppliers and the strategies and practices for monitoring, managing, and mitigating supplier risks
• Determine how to manage supplier relationships through clear communication, collaboration, and performance monitoring and discover how to leverage technology to streamline SRM processes.

Time Investment

This class is 20 hours of instruction in two 2-hour sessions over the course of 5 weeks.

Employee Application Employer Application