Digitization of Supplier onboarding process

The results of supplier onboarding systems implemented in large procurement teams have been promising. A reduction in cycle time of up to 99% and a 45% reduction in costs, combined with easier consistent risk mitigation and the visibility needed for easy audits, has been realized at a number of organisations. Organisations are wisely unwilling to risk their reputation by cutting corners when it comes to compliance. Their stakeholders, in addition to visibility, also demand efficiency; it’s hard to plan projects efficiently when a company can’t get a consistent schedule for completing onboarding processes. In this course Medius tool-kit is used to illustrate how the processes can be digitized.
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Curriculum

    1. Learning Objectives.

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    2. Introducing Medius

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    1. Know your suppliers and Sourcing process

    1. Download slides

    2. Definition, benefits and risks

    3. Risks connected to not having control.

    1. Buyer and Supplier perspective.

    1. Questions to help you verify that you meet the Learning Objectives.

    1. Summary of the Course.

    2. Reflection after the course

    3. Recommended reading

About this course

  • €40,00
  • 11 lessons
  • Advanced level - Procurement Management
  • 30 min
  • Quiz and Certificate

Instructor

Subject Matter Expert Abay Syzdykov

An enthusiastic, dedicated, proactive, responsible and diligent worker. Procurement Engineer with Deep sales experience. Good in Pre-qualification of potential suppliers and database management. With a 5 years of experience in Chinese-Kazakh-Russia international projects. Fluency in Chinese, Russian, English and Kazakh and HSEQ corporate practices. Projects: Kazakhstan Petrochemical Industries. Integrated gas chemical plant: PDH & PP Units.

Senior instructor. Fredrik Axelsson

Meet Fredrik, a seasoned procurement professional from Gothenburg, Sweden, with a Master's in Economics from Gothenburg University and an Executive MBA from Stockholm Business School. With roles at LM Ericsson, Solectron Sweden AB, Axelson Purchasing Resources AB, Saab AB, and Alstom/GE, Fredrik has amassed expertise in sourcing and procurement. In 2017, he launched Sourcing Partner, a procurement consultancy firm how also own and manage Learn How to Source. Fredrik's diverse experience spans from Operative Buyer to Sourcing Director and roles like Commodity Manager and Business Development, in line organizations and projects, including industries like banking and manufacturing. Fredrik's story is one of continuous growth, learning, and adaptation, making him a well-rounded professional with a wealth of knowledge to offer.

Sustainable Procurement Course by Dr. Aurora Dawn Benton

If you have not attended the course with Aurora, it is a suggested next step

Participants learn to engage stakeholders, conduct a sustainable procurement audit, create ethical purchasing policies, and set goals to improve social and environmental outcomes. Learners consider the implications of purchases they can influence and walk through exercises to take real steps forward. The 4-part course bundle contains 20 lessons with bite-sized content (videos 10 minutes or less); handouts with relevant and useful tips, tools, and resources; and exercises that help you take a step-by-step approach, including a Sustainable Purchase Audit Template and video how-to for conducting your own audit.
To the bundle...

About Learn How to Source

Learn How to Source is an online platform based in Sweden, offering a range of procurement courses accessible globally. It serves as a community where procurement experts share their knowledge through online courses, designed for various experience levels from introductory to expert. Courses are concise, about 30 minutes each, and cover different aspects of procurement, tailored for different buyer roles. The courses focus on practical knowledge, presented by seasoned professionals, and include quizzes and certificates. They can be accessed from any device, emphasizing microlearning for flexibility and efficiency.