SIG University Certification:
Certified Supplier Management Professional (CSMP)
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.
This certificate program especially highlights areas of AI risk in non-IT and non-software spend categories, including Staffing, Recruiting, Outsourcing, Managed Services, Supply Chain, Logistics, Warehousing, Facilities Services, Real Estate and other categories where AI risk is growing.
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:
- Complete weekly module assignments
- Take quizzes after each lesson to assess your retention
- Engage in a faculty-led asynchronous discussion forum with peers in your field across industries
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!
What can I expect after completing the CSP program?
In addition to the knowledge, skills and tools gained, those who have completed the CSP program have loved the learning experience provided and can immediately apply what they learned. All graduates of the CSP program are issued a digital badge to include on their CV and LinkedIn profile.
Graduates of the CSP 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!
Who are the Faculty & Authors?
Meet the subject matter experts that have supported this program.
Certificate & Digital Badge
All graduates of the CSMP program are issued a digital badge and a certificate of completion to include on their LinkedIn profile & CV.
