The Supplier Relationship Management & Strategic Sourcing course in Kuala Lumpur equips professionals with the strategies to build strong supplier relationships and optimize sourcing decisions for long-term success.
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 Kuala Lumpur are designed to help procurement and supply chain professionals build high-value supplier partnerships while optimizing sourcing strategies in competitive and globalized markets. These programs support procurement leaders, sourcing specialists, contract managers, and operations professionals seeking to strengthen supplier performance, reduce risk, and drive sustainable value creation across the supply base.
Participants gain a comprehensive understanding of supplier relationship management (SRM) and strategic sourcing, focusing on how procurement functions can move beyond transactional purchasing toward collaborative, performance-driven partnerships. The courses explore key areas such as supplier segmentation, performance measurement, cost analysis, value-based sourcing, and long-term supplier development. Emphasis is placed on aligning sourcing decisions with organizational strategy, operational needs, and risk management objectives.
These SRM and strategic sourcing training programs in Kuala Lumpur combine conceptual frameworks with practical application. Through real-world case studies, scenario analysis, and interactive workshops, participants develop skills in supplier evaluation, negotiation planning, contract alignment, and relationship governance. The curriculum also addresses supply market analysis, resilience planning, sustainability considerations, and the use of digital procurement tools to enhance visibility, collaboration, and decision-making across supplier networks.
Attending these training courses in Kuala Lumpur offers professionals a dynamic learning environment supported by expert facilitators and peer exchange from diverse industries. The city’s role as a regional commercial and logistics hub enriches discussions on global sourcing trends and supplier management challenges. By completing this specialization, participants will be equipped to design and implement effective supplier relationship strategies, optimize sourcing outcomes, and strengthen procurement’s contribution to organizational performance, resilience, and long-term competitive advantage in the global marketplace.