Curriculum
- 3 Sections
- 10 Lessons
- 1 Day
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- Vendor Development — From Transactional to Strategic4
- 1.1The role of vendor development in supply chain resilience
- 1.2Strategic sourcing vs. tactical buying
- 1.3Vendor Tiering, Supplier Scorecard, TCO (Total Cost of Ownership), Dual Sourcing, Supplier Innovation
- 1.4Example: How a fabric supplier co-developed with a brand to enable faster lead times and lower MOQ
- Sourcing Pain Points & Vendor Development Gaps2
- Best Practices in Vendor Development & Strategic Sourcing4
- 3.1Supplier segmentation: core, strategic, preferred, transactional
- 3.2Supplier capability building: quality, compliance, innovation, speed
- 3.3JVs, co-design, VMI (Vendor Managed Inventory), long-term contracts
- 3.4Simulation: Develop a strategic sourcing plan for a new product line needing shorter lead times and sustainable raw materials.