Course Overview
In today’s global supply environment, organizations rely heavily on suppliers not only for cost efficiency but also for innovation, sustainability, and resilience. Effective Supplier Relationship Management (SRM) and Strategic Sourcing are essential to align supplier capabilities with organizational goals.
This Supplier Relationship Management & Strategic Sourcing Training Course helps participants develop advanced sourcing strategies and build collaborative supplier partnerships. Attendees will learn how to evaluate suppliers, negotiate effectively, implement SRM frameworks, and apply strategic sourcing models that maximize value while managing risks.
Through case studies, simulations, and interactive exercises, participants will practice developing sourcing strategies, managing supplier performance, and fostering win-win supplier relationships.
Course Benefits
Improve supplier collaboration and trust.
Implement sourcing strategies that balance cost, risk, and value.
Enhance supplier performance monitoring and governance.
Strengthen procurement’s role in organizational competitiveness.
Drive innovation and sustainability through supplier partnerships.
Course Objectives
Understand the principles of SRM and strategic sourcing.
Develop supplier selection and evaluation frameworks.
Apply sourcing models to optimize procurement strategies.
Conduct negotiations that support long-term supplier success.
Align supplier relationships with business goals and risks.
Build SRM frameworks for continuous improvement.
Foster supplier-driven innovation and ESG alignment.
Training Methodology
The course uses a mix of lectures, case studies, negotiation role-plays, and group workshops. Participants will apply supplier evaluation tools, sourcing models, and SRM frameworks in practical exercises.
Target Audience
Procurement and sourcing professionals.
Supplier relationship and vendor management officers.
Supply chain and operations managers.
Executives responsible for strategic procurement.
Target Competencies
Supplier relationship management.
Strategic sourcing and negotiation.
Supplier performance evaluation.
Procurement strategy and innovation.
Course Outline
Unit 1: Introduction to SRM and Strategic Sourcing
Role of SRM and sourcing in procurement strategy.
Benefits of supplier collaboration.
Differences between tactical and strategic sourcing.
Case examples of SRM success.
Unit 2: Supplier Selection and Evaluation
Developing supplier evaluation criteria.
Balancing cost, quality, risk, and innovation.
Supplier onboarding and qualification processes.
Workshop: supplier scorecard development.
Unit 3: Strategic Sourcing Models
Category management approaches.
Total cost of ownership and value analysis.
Global sourcing strategies.
Case study: sourcing transformation project.
Unit 4: Negotiation and Contracting with Suppliers
Principles of collaborative negotiation.
Win-win strategies for long-term partnerships.
Key contract structures in strategic sourcing.
Role-play: supplier negotiation exercise.
Unit 5: Implementing SRM Frameworks
Building SRM governance models.
Supplier segmentation and management approaches.
Monitoring and improving supplier performance.
Practical exercise: SRM framework design.
Unit 6: Driving Innovation and Sustainability with Suppliers
Supplier-led innovation initiatives.
ESG and sustainability in supplier partnerships.
Collaboration for risk and resilience management.
Case study: supplier-driven innovation success.
Unit 7: Future of Supplier Relationships and Sourcing
Digital tools for SRM and sourcing.
AI and analytics in supplier collaboration.
Global trends in supplier relationships.
Roadmap for future-ready sourcing strategies.
Ready to strengthen supplier partnerships and sourcing strategies?
Join the Supplier Relationship Management & Strategic Sourcing Training Course with EuroQuest International Training and unlock long-term value in procurement.
The Supplier Relationship Management & Strategic Sourcing Training Courses in Brussels provide professionals with a comprehensive understanding of how to optimize supplier partnerships, enhance procurement performance, and support long-term organizational value. Designed for procurement specialists, supply chain managers, sourcing strategists, and business leaders, these programs explore the strategic and operational frameworks that drive effective supplier engagement and sourcing excellence. Participants gain insight into how strong supplier relationships contribute to cost efficiency, innovation, risk reduction, and competitive advantage.
The courses examine the core principles of supplier relationship management (SRM), including supplier segmentation, performance evaluation, contract governance, and collaborative partnership development. Participants learn how to build structured engagement models, manage expectations, and foster communication practices that strengthen supplier alignment. Through practical case studies and interactive exercises, attendees gain hands-on experience implementing SRM tools, conducting supplier assessments, and resolving performance challenges through strategic collaboration.
These strategic sourcing training programs in Brussels also highlight advanced sourcing methodologies, such as category management, total cost of ownership analysis, competitive bidding strategies, and market intelligence integration. The curriculum emphasizes the importance of aligning sourcing decisions with organizational goals, sustainability priorities, and evolving risk landscapes. Participants explore how digital procurement technologies—such as analytics platforms, automation tools, and supplier portals—enhance sourcing efficiency and visibility across the supply chain.
Attending these training courses in Brussels provides professionals with exposure to international best practices within a city known for its global business networks and diverse supplier ecosystems. This environment enriches discussions on cross-border sourcing challenges, industry innovations, and emerging trends in supplier collaboration.
By completing this specialization, participants will be equipped to design and lead robust supplier relationship management programs, implement strategic sourcing initiatives, and strengthen procurement performance—supporting organizational resilience, value creation, and long-term strategic success in a rapidly evolving global marketplace.