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.

Content (30 min)

    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

About this course

  • €40,00
  • 10 lessons
  • Advanced level
  • Procurement Management
  • Process, Methods and Tools..

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

Fredrik was born in Gothenburg on the Westcoast of Sweden where he earned his Master in Economics (1996) at Gothenburg University. Later Fredrik completed his Executive MBA (2003) at Stockholm Business school. Fredrik has experience from several companies: LM Ericsson, Solectron Sweden AB, Axelson Purchasing Resources AB, Saab AB and Alstom/GE before setting up Sourcing Partner in Summer 2017. During his career he has developed a broad experience within sourcing and procurement, holding roles from Operative Buyer to Sourcing Director via roles as Commodity manager and Business Development. Both in line organization and projects as consultant, owner and employee - in small and large business - in banking as well as manufacturing industry.

Next step

  • €160,00

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