The Association for Supply Chain Management (ASCM), the former APICS organization until a rebranding in 2018, has recently announced a new certificate program for supplier relationship management (SRM).
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| After passing the exam, participants earn a certificate and a digital badge that can be displayed on their LinkedIn profile and within their email signature. |
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ASCM says that the program provides participants with “comprehensive knowledge of the concepts, tools, and trends related to supplier relationship management.”
The program is designed to help individuals:
• Identify, evaluate and deepen supplier and vendor relationships
• Negotiate supplier contracts and agreements
• Evaluate and monitor the benefits and risks associated with suppliers
• Enhance organizational efficiency and drive value across your supply chain
Those achieving the certificate should realize a number of benefits, ASCM says, including enhanced credibility, enabling them to “stand out in a competitive job marketing with a globally recognized digital badge demonstrating your knowledge of supplier relationship management.”
The course to prepare for the on-line exam includes the following topics:
Supplier Selection and Evaluation: Understand the importance behind strategic supplier selections and how to use criteria ranking methodology to identify supplier capabilities.
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 Supplier Development: Examine the various roles and responsibilities for supplier relationship management, types of financial assistance, and how supplier collaboration can lead to innovation for your organization.
Supplier Performance Management: Understand the industry standards and best practices for monitoring, evaluating, reporting, and communicating performance expectations and how to assess and evaluate supplier performance to ensure expectations are being met.
Supplier Risk Management: Learn how to identify and assess the risks associated with different suppliers and the strategies and practices for monitoring, managing, and mitigating supplier risks.
Supplier Relationship Management Best Practices: Determine how to manage supplier relationships through clear communication, collaboration, and performance monitoring and discover how to leverage technology to streamline SRM processes.
The program includes 20 hours of on-line education and a comprehensive final exam.
After passing the exam, participants earn a certificate and a digital badge that can be displayed on their LinkedIn profile and within their email signature.
And the costs? $695 for non-ASCM members and $495 for members.
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