
Supplier Research is the bedrock of a high quality sourcing strategy it also helps us de-risk the supply chain. Thorough supplier research ensures that you select a supply partner that has the capacity to not only enable your short term success but to grow with you to underpin long term prosperity. It is also key to establishing your credibility with colleagues and peers. Your ability to intelligently articulate your understanding of a supplier’s capabilities will strengthen your professional credibility and your personal brand.
This masterclass will enable you to efficiently undertake thorough supplier research so that you engage and select high calibre supply partners and get the most out of your supply ecosystem.
We will cover all of the important content you need to know when undertaking supplier research, specifically we will look at;
ü The process of supplier research
ü How to interpret answers you get in the research
ü Sources of knowledge
ü Turning data into a business insight
ü Decision making arising from the research
As a key outcome we want you to be successful on the back of being able to articulately communicate the business rational that underpins your sourcing decision making to secure a competitive advantage.