Certified Supplier Management Professional

Certified Supplier Management Professional (CSMP) 

SIG University’s Certified Supplier Management Professional (CSMP) program helps companies put effective governance programs in place by exposing students to leading-edge training on contract administration, compliance, risk mitigation, performance, governance operating models, talent management support, transformation and more. In a 5-week course, SIG University’s CSMP curriculum is delivered through our unique education platform.

 

Overview of Certified Supplier Management Professional (CSMP) program

  • 5-week program
  • Focused on the discipline of governance
  • Covers contract administration, value realization, risk mitigation, compliance and continuous improvement
  • Offers insights on supplier relationship management that helps organizations understand how to mitigate risks associated with supplier behavior

Learning Outcomes

At the end of this program, Certified Supplier Management Professionals should be able to:

  • Comprehend the significance of Governance, Risk and Compliance
  • Understand the various levels of supplier management governance, including corporate, business unit and contract level activities
  • Understand how to select the appropriate governance program, and key components, for each relationship model
  • Relate to how differences in strategy, values and culture between the buying company and the supplier might impact the relationship
  • Be able to define and give examples of each of the key components of an operating model
  • Evaluate budgetary requirements for managing a governance program
  • Understand how to capture and activate innovative ideas through the governance structure
  • Describe the critical tools to use in implementing a governance program

Program Topics

SIG University's online Certified Supplier Management Professional Program is a 5-week learning journey that exposes students to leading-edge training on contract administration, compliance and oversight, risk mitigation, performance and relationship management, governance operating modules, and transformation.  It provides a holistic learning experience for our students on supplier relationship management and governance.

Student Orientation  Classroom Logistics, Online Platform Tutorial, and Requirements for Graduation  Introduction to Governance, Risk and Compliance (GRC) Introducing the SIG Sourcing Wheel, Overview of Governance, and What a GRC Program is  Introduction to Governance Definition, Difference from Supplier Performance Management, Role of Governance, and the Various Levels of Governance  Governance Framework Establishing Groundwork, Governance Models, Key Elements of a Governance Program, and Roles and Responsibilities  Governance Across Supplier Business Models (SBM) Relationship Business Models, Relationship Dynamics,  Governance by Relationship Model, and Model Selection  Relationship Compatibility Supplier Relationship Fit, Alignment on Values, Cultures, Strategy and Operations, and Relationship Compatibility Scores  Governance Operating Model Overview, Contract Management, Compliance, Oversight, Committee Structures, and Performance Management  Governance Support and Resources Functional Internal Support Needed, Resource Skills and Attributes, Budget Requirements, and Executive Sponsorship  Transformation Management Through Governance The Role of Governance in Transformation, Driving and Capturing Innovation, and Implementing Change  Governance Execution Program Management Tools for Implementing a Governance Program, Technology Requirements, and Information Sources  Exit Management Decisions for Exiting the Relationship,  Importance of Having an Exit Management Plan, and Key Components