Supplier Management Certification
Over the course of five weeks, SIG University’s Certified Supplier Management Professional (CSMP) program will help you understand the significance of Governance, Risk, and Compliance to put effective controls in place to strategically manage supplier relationships.
What is “supplier management” in procurement?
Supplier Management can be defined as the process of ensuring that organizations receive maximum value from the money that they pay to suppliers. Organizations rely heavily on these supplies to keep running a smooth operation, so it is crucial for both the supplier and the organization to have engaged and effective communication.
Organizations must have a comprehensive supplier management policy in place to foster a proper relationship, manage requirements, and communicate clearly and effectively with their suppliers.
Supplier Management is a necessary skill set for effective Procurement professionals. This point was solidified in the last couple of years when we witnessed how significant positive supplier relationships were to minimize the negative impact of supply shortages during the pandemic. Companies that had not only solid contract terms but also a collaborative, win-win relationship with their suppliers fared much better than companies that treat their suppliers as transactional.
This course will teach how to gain more from supplier relationships by building a governance framework that enables constructive dialogue around opportunities, continuous improvement, and innovation.
What will I learn in the CSMP program?
SIG University’s Certified Supplier Management Professional (CSMP) program helps organizations put effective supplier relationship management and governance programs in place by exposing students to leading-edge training in a 5-week online facilitated classroom. The program covers the stages of contract lifecycle management, incremental value realization, supply risk assessment and management, continuous improvement, supplier performance management, governance operating models, talent management support, transformation and more. Developed by practitioners, academics, and subject matter experts, the CSMP program offers insights on supplier relationship management that enable organizations to understand how to capture incremental value from supplier relationships and mitigate risks associated with shifts in business conditions.
Who should take the CSMP program?
The CSMP program is applicable to many roles in the industry, including those who work as practitioners and providers. It is applicable to category managers, supplier relationship managers, procurement managers, and any person within the business who owns and manages supplier relationships (such as IT Directors, Marketing Managers, Engineers, Manufacturing leads, etc).
If you manage supplier relationships and want to learn more about how an effective GRC program can create long-term value and spur supplier innovation, then this program is for you.
How is the CSMP program structured?
The CSMP Program is a five-week learning journey that takes approximately 2-4 hours per week to complete.
Each week, you will:
You will also complete a final short essay on the topics covered in the program. This combination of elements creates a holistic learning experience for our students.
What can I expect after completing the CSMP program?
In addition to the knowledge, skills and tools gained, those who have completed the CSMP program have loved the learning experience provided and can immediately apply what they learned. All graduates of the CSMP program are issued a digital badge to include on their CV and LinkedIn profile.
Graduates of the CSMP program are invited to join the SIG University Alumni and Faculty private LinkedIn group to stay connected with peers and faculty.
Additionally, SIG University graduates receive 10% off additional certifications!
View our Curriculum Guide
See a more in-depth overview of the program including information about our classroom format and delivery models as well as a breakdown of the topics covered and expected learning objectives.
Who are our Past Graduates?
View a word cloud sampling of some of the titles of those who have previously taken the program!
What Topics are Covered?
View the program's learning journey of topics covered each week during a semester.
Who are the Faculty and Authors?
Meet the subject matter experts that have supported this program!