Supplier Relationship Management

Build Strategic Supplier Relationship Management That Drive Performance and Innovation

Feeling overwhelmed by managing a complex supplier network?
This Supplier Relationship Management (SRM) Course from SCMDOJO equips you with the frameworks, tools, and strategies to strengthen collaboration, enhance performance, and unlock long-term value from your suppliers.

You’ll learn how to categorize suppliers, evaluate performance, and develop strategic partnerships that improve resilience, reduce costs, and foster innovation — essential skills for today’s competitive supply chain landscape.

What You’ll Learn in This Supplier Relationship Management Course

This course provides a complete understanding of how to manage and optimize supplier relationships from start to finish.

Key Learning Outcomes:

• Categorize your suppliers for targeted management strategies

• Evaluate supplier performance using proven metrics and scorecards

• Develop supplier capabilities through performance improvement plans

• Conduct supplier audits to ensure compliance and continuous improvement

• Run effective supplier review meetings for accountability and partnership alignment

• Understand the strategic directions of SRM and how it supports procurement excellence

By the end of this course, you’ll be able to implement a structured SRM framework that drives measurable supplier performance and stronger business outcomes.

Why Supplier Relationship Management Matters

In a volatile, globalized market, supplier relationship management (SRM) is more than just procurement — it’s a strategic advantage.
SRM ensures that your organization builds mutually beneficial, collaborative partnerships with key suppliers that lead to:

• Improved supplier reliability and quality

• Reduced supply chain risks and costs

• Accelerated innovation and product development

• Greater transparency and alignment between buyer and supplier

Companies that invest in SRM outperform their peers with stronger supplier performance and reduced operational disruptions.

Why Learn with Maryna Trepova:

Chief Executive Officer – IPSM – International Procurement & Supply Management

Based in Ukraine, Maryna is a procurement expert focused on providing consulting training. Maryna has:

• 5 years of experience in training and consulting
• 10 years of experience in purchasing and procurement, the tobacco market in particular;
• Deep knowledge of procurement, sourcing, vendor management, and category management in different categories.
• Provide different consulting projects in procurement and purchasing
• Proven experience in the negotiation process;
• Strong organization and communication skills, analytical abilities, and strategic thinking;
• Speaker at the different conferences and round tables in Ukraine and other countries.
• Public figure and volunteer in public procurement reforming

Who Should Enroll in This Supplier Relationship Management Training?

This course is ideal for professionals who interact with suppliers and want to improve performance, collaboration, and communication across their supplier network.

Perfect For:

• Procurement Professionals: Improve sourcing, evaluation, and relationship management

• Supply Chain Managers: Strengthen collaboration and performance tracking

• Business Owners & Managers: Build reliable supplier partnerships for business continuity

• Anyone Working with Suppliers: Gain frameworks to make supplier interactions more strategic

Suitable for the following roles:

• Entry-Level: Procurement Assistant, Procurement Coordinator, Purchasing Clerk, Sourcing Specialist
• Mid-Level: Procurement Specialist, Sourcing Analyst, Contract Specialist, Supplier Relationship Manager, Operational Buyer, Buyer, Inventory Contoller
• Senior-Level: Senior Procurement Specialist, Senior Sourcing Analyst, Lead Buyer, Procurement Manager, Category Manager, Strategic Sourcing Manager, Commodity Manager, Regional Commodity Manager
• Executive-Level: Director of Procurement, Chief Procurement Officer (CPO)
• Specialized Titles: Commodity Manager, Global Sourcing Manager, Indirect Procurement Manager, E-Procurement Manager

Requirements

• Access to Internet
• Computer / Laptop / Mobile Device

What Is Included in the Supplier Relationship Management Course?

• Immediate unlimited access to course materials
• 30-day money-back guarantee
• Exercises and quizzes to help you put theory into practice
• English Closed Captions
• Full transcripts in PDF for each lesson
• Suitable for mobile or desktop
• SCMDOJO Certification when you pass the course quiz (accessible from Learning Center post-sign-in)

What Is Supplier Relationship Management (SRM)?

Supplier Relationship Management (SRM) is a strategic approach to building and maintaining effective partnerships with key suppliers.

It focuses on:

• Supplier selection & segmentation

• Supplier performance management

• Collaboration and communication

• Continuous improvement and innovation

By managing these relationships strategically, companies can reduce costs, ensure supply continuity, and co-create value with their suppliers.

Frequently Asked Questions

FAQ 1: What is Supplier Relationship Management (SRM)?

Answer: SRM focuses on building and maintaining strong, collaborative relationships with key suppliers.

FAQ 2: What are the key components of effective Supplier Relationship Management?

Answer: Effective SRM involves communication, collaboration, trust, and mutual benefit.

FAQ 3: How can companies improve their Supplier Relationship Management?

Answer: Companies can improve their SRM by conducting regular supplier reviews, providing feedback, and fostering open communication.

FAQ 4: What are the benefits of strong Supplier Relationship Management?

Answer: Strong SRM leads to improved quality, reduced costs, and increased innovation.

FAQ 5: How can technology support Supplier Relationship Management?

Answer: Technology supports SRM through SRM software, facilitating communication, collaboration, and performance tracking.

Learn more about The Future of Supplier Relationship Management (SRM) with Suppeco on SCMDOJO Channel