SUPPLIER MARKET INTELLIGENCE FOR PROCUREMENT PROFESSIONALS

Course Description

Supplier Market Intelligence (SMI) is critical in positioning organisations in a current volatile business environment. Forward-looking organisations have adopted SMI as a key part of the procurement process to reduce and better manage risks, inform sourcing strategies, improve negotiations, enable cost savings, satisfied customers to remain competitive.

Target audience

• Supply Chain Managers
• Procurement/Purchasing Managers
• Sourcing Managers
• Commodity Managers
• Sourcing Analysts
• Commodity Analysts
• Buyers

Learning Outcomes

The course will enable:

• Understanding and interpreting market data
• Analysis of supply markets to inform supply chain strategies
• Management of Supply Chain Risks
• Improved Supplier Management
• Stakeholder understanding and satisfaction