Supplier Development
The Supplier Development exam is designed to assess the knowledge and proficiency of individuals in managing supplier relationships and fostering supplier development initiatives within an organization's supply chain. This certification validates expertise in various aspects of supplier management, including supplier selection, evaluation, performance monitoring, negotiation, risk management, and continuous improvement.
Who should take the exam?
The Supplier Development exam is suitable for professionals involved in procurement, supply chain management, vendor management, and supplier quality management roles. This includes:
- Procurement Managers
- Supply Chain Managers
- Vendor Managers
- Supplier Quality Engineers
- Supplier Development Specialists
Course Outline
The Supplier Development exam covers the following topics :-
- Module 1: Understanding Supplier Selection and Evaluation
- Module 2: Understanding Supplier Relationship Management (SRM)
- Module 3: Understanding Supplier Performance Monitoring
- Module 4: Understanding Negotiation Skills for Supplier Contracts
- Module 5: Understanding Risk Management in Supplier Relationships
- Module 6: Understanding Supplier Development and Continuous Improvement
- Module 7: Understanding Ethical and Sustainable Sourcing Practices
- Module 8: Understanding Supplier Collaboration and Innovation
Supplier Development FAQs
How can I take the exam?
What is the passing score for the Certification?
Is there any negative marking?
How many questions will be there in the exam?
How to register for the exam?
What happens if I fail in the exam?
When will the result be declared?
What is the format of the Exam?
Only Multiple-choice questions (MCQ) are asked.
What is the purpose of this exam?
The Supplier Development exam is designed to assess the knowledge and proficiency of individuals in managing supplier relationships and fostering supplier development initiatives within an organization's supply chain. This certification validates expertise in various aspects of supplier management, including supplier selection, evaluation, performance monitoring, negotiation, risk management, and continuous improvement.
Who should take the exam?
The Supplier Development exam is suitable for professionals involved in procurement, supply chain management, vendor management, and supplier quality management roles. This includes:
- Procurement Managers
- Supply Chain Managers
- Vendor Managers
- Supplier Quality Engineers
- Supplier Development Specialists
What are the skills acquired after passing the Exam?
- Effective Supplier Management: Ability to select, evaluate, and manage suppliers efficiently, ensuring alignment with organizational goals and objectives.
- Strong Negotiation Skills: Proficiency in negotiating contracts, terms, and prices with suppliers to achieve favorable outcomes and build mutually beneficial relationships.
- Risk Management Expertise: Capability to identify, assess, and mitigate risks associated with supplier relationships, safeguarding the organization against potential disruptions.
- Continuous Improvement Focus: Understanding of methodologies and tools for driving supplier development and implementing continuous improvement initiatives, fostering innovation and collaboration.
- Ethical and Sustainable Practices: Knowledge of ethical and sustainable sourcing practices, ensuring compliance with standards and promoting responsible business conduct throughout the supply chain.