American Certified Strategic Procurement & Supplier Relationship Specialist (ACSPRS)

American Certified Strategic Procurement & Supplier Relationship Specialist

Strategic Procurement and Supplier Relationship Management (SRM)

Overview: In today’s competitive landscape, successful procurement goes beyond simple transactions. Building solid and strategic relationships with suppliers can significantly enhance value, drive innovation, and foster collaboration. The Strategic Procurement and Supplier Relationship Management (SRM) program empowers procurement professionals to establish and maintain mutually beneficial supplier relationships, optimize sourcing strategies, and create long-term value for their organizations.

Who Should Enroll?

This program is designed for:

Program Highlights

Supplier Segmentation and Prioritization

Learn how to categorize and prioritize suppliers based on their strategic importance, impact, and relationship potential.

Supplier Performance Management

Establish and monitor metrics to assess supplier performance and ensure alignment with organizational goals.

Innovation and Collaboration Sourcing

Discover methods to foster innovation with critical suppliers, encouraging collaborative development and continuous improvement.

Negotiation and Contract Management

Develop advanced negotiation skills and learn best practices for creating value-driven contracts.

Conflict Resolution and Relationship Building

Develop skills for effectively resolving conflicts and cultivating strong, long-lasting relationships with suppliers.

Key Learning Outcomes

Upon completion of this program, participants will be able to:

Program Structure and Modules

This comprehensive program spans 5 weeks and combines interactive modules, real-world case studies, and hands-on exercises:

Introduction to Strategic Procurement and SRM

Explore the role of strategic procurement and the importance of effective supplier relationship management in today’s competitive marketplace.

Supplier Segmentation and Prioritization

Learn how to categorize suppliers by strategic value, impact on the organization, and partnership potential, which will help you focus resources on high-impact relationships.

Supplier Performance Metrics and Evaluation

Develop key performance indicators (KPIs) to monitor supplier performance, quality, and delivery standards. Learn best practices for supplier scorecards and performance reviews.

Collaborative Sourcing and Innovation

Discover techniques to drive innovation through collaborative sourcing with suppliers, unlocking new opportunities for development and mutual growth.

Advanced Negotiation Strategies

Enhance negotiation skills, focusing on creating win-win outcomes that strengthen supplier relationships and secure long-term benefits.

Contract Management and Compliance

Gain expertise in managing and negotiating contracts, with a focus on compliance, value creation, and relationship sustainability.

Conflict Resolution in Supplier Relationships

Build skills to identify potential conflicts early and resolve them effectively, fostering a cooperative approach to problem-solving.

Supplier Risk Management

Learn to identify, assess, and mitigate supplier risks that could impact organizational performance, focusing on reliability and ethical practices.

Case Studies in SRM

Analyze real-world case studies in strategic procurement, learning from successes and challenges in building and managing supplier relationships.

Capstone Project: Developing a Strategic Supplier Management Plan

Apply your learning by designing a comprehensive supplier management plan, including segmentation, performance metrics, and relationship strategies for a sample organization.

Certification and Career Pathways

Graduates will earn the Certified Strategic Procurement and Supplier Relationship Specialist designation, preparing them for advanced roles such as:

Enhance your procurement skills and build value-driven supplier partnerships. Enroll today to start building strategic relationships!

Testing Overview

Exam Policies & Procedures

Program/Courses