Executive Development Programme in Transparent Supplier Selection

Name: Executive Development Programme in Transparent Supplier Selection
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The Executive Development Programme in Transparent Supplier Selection is a certificate course designed to empower professionals with the necessary skills to make informed and transparent decisions in supplier selection. In today's complex and globalized business environment, there is an increasing demand for transparent supplier selection processes that ensure fairness, accountability, and trust.

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AboutThisCourse

This course is essential for professionals who want to advance their careers in procurement, supply chain management, and other related fields. Through this programme, learners will gain a deep understanding of the supplier selection process, including the use of quantitative and qualitative evaluation methods, risk assessment, and contract negotiation. They will also learn how to design and implement transparent supplier selection processes that comply with legal and ethical requirements. By completing this course, learners will be equipped with the essential skills and knowledge needed to drive transparency, fairness, and accountability in supplier selection, making them highly valuable to their organizations and future employers.

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CourseDetails

• Supplier Selection Process: An in-depth exploration of the supplier selection process, focusing on the importance of transparency and efficiency. • Transparency in Business Transactions: A comprehensive overview of the role of transparency in business transactions, emphasizing the benefits and challenges. • Evaluation Criteria for Supplier Selection: An exploration of the key evaluation criteria for supplier selection, including quality, cost, delivery, and sustainability. • Risk Management in Supplier Selection: Understanding and mitigating risks associated with supplier selection and management. • Digital Tools for Supplier Selection: An overview of digital tools and technologies that can enhance transparency and efficiency in supplier selection. • Supplier Relationship Management: Strategies and best practices for building and maintaining strong, transparent relationships with suppliers. • Legal and Ethical Considerations in Supplier Selection: A discussion of the legal and ethical considerations that must be taken into account when selecting suppliers. • Sustainability and Social Responsibility in Supplier Selection: An exploration of the growing importance of sustainability and social responsibility in supplier selection and management.

• Performance Metrics for Supplier Evaluation: An overview of key performance metrics for supplier evaluation, including quality, delivery, and cost. • Global vs. Local Supplier Selection: A comparison of the benefits and challenges of selecting global vs. local suppliers, and the role of transparency in each scenario.

• Case Studies in Transparent Supplier Selection: An analysis of real-world case studies that demonstrate the benefits and challenges of transparent supplier selection.

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EntryRequirements

BasicUnderstandingSubject
ProficiencyEnglish
ComputerInternetAccess
BasicComputerSkills
DedicationCompleteCourse

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FastTrack GBP £140

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AcceleratedLearningPath

ThreeFourHoursPerWeek
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StandardMode GBP £90

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TwoThreeHoursPerWeek
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EXECUTIVE DEVELOPMENT PROGRAMME IN TRANSPARENT SUPPLIER SELECTION

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London College of Foreign Trade (LCFT)

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05 May 2025

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