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The financial skills of supplier management

The issue

A major retailer recognised that members of its buying team needed to enhance their technical financial skills in order to negotiate more effectively with long-term suppliers.

The action

To ensure that the programme was relevant and practical, our training team shadowed a number of buyers in meetings with the organisation’s suppliers.  This allowed us to identify opportunities to improve the commercial aspects of negotiations, and develop a highly tailored training programme that included meetings with potential suppliers, role-played by professional actors.

The outcome

Thanks to the insight gained from our programme, the buying team made significant savings on its purchasing decisions, while maintaining strong supplier partnerships.


What our clients say

"Very interesting course - well presented and informative left me lots of thoughts and useful guides to take away."


 

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