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Strategic Sourcing and Supplier Relationship Management

supply-chain-g5yNote: This program can be taken as part of the Integrated Supply Chain Management program, or as a stand-alone class.

Strategic sourcing is an institutional procurement process that continuously improves and re-evaluates the purchasing activities of a company. Procurement is the acquisition of goods, services or works from an external source. It is favorable that the goods, services or works are appropriate and that they are procured at the best possible cost to meet the need of the purchaser in terms of quality and quantity, time, and location. Corporations and public bodies offer define processes intended to promote fair and open competition for their business while minimizing exposure to fraud and collusion. 

Supplier relationship management (SRM) is the discipline of strategically planning for, and managing, all interactions with third party organizations that supply goods and/or services to an organization in order to maximize the value of those interactions. In practice, SRM entails creating closer, more collaborative relationships with key suppliers in order to uncover  and realize new value and reduce risk. 

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What You Will Learn

 Course TitleDatesWhere to Register
Strategic Sourcing and Supplier Relationship ManagementOctober 20-21, 2016Register Here
Strategic Sourcing and Supplier Relationship ManagementMarch 23-24, 2017Register Here

* Members of the SLU Center for Supply Chain Management are able to redeem member discounts on program tuition. Please contact the center staff by calling (314) 977-3617 or emailing cscms@slu.edu to obtain your discount code.


Questions?

Please address all questions to the Center for Supply Chain Management: