Class Central is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

Coursera

Advanced Supplier Quality, Risk, and Process Improvement

Coursera via Coursera

Overview

Coursera Flash Sale
40% Off Coursera Plus for 3 Months!
Grab it
This advanced course builds skills for post-award contract compliance, supplier performance analytics, and structured risk mitigation. You will extract key commercial clauses into contract summary sheets using checklists, compare performance and spend against contract baselines to quantify variance impacts, and build probability-impact heat maps to prioritize supplier risk. The course also covers designing and implementing corrective actions and continuous-improvement cycles to resolve recurring issues and measure impact. This module is oriented toward professionals who review contracts, analyze supplier delivery and financial performance, and lead remediation or optimization activities to improve supply chain reliability and contractual value realization.

Syllabus

  • Draft Commercial Contracts: Checklists
    • Translate complex supplier agreements into clear, actionable summaries for internal review. This training provides a systematic approach to contract review, moving beyond legal jargon to focus on business operations. You will use predefined checklists to methodically analyze agreements, pinpointing essential clauses like pricing schedules, service level agreements (SLAs), penalty clauses, and termination terms. Using real-world case studies of high-stakes contract failures, the content emphasizes creating comprehensive summary sheets to enable faster, more informed decision-making before formal legal engagement.
  • Analyze Supplier Performance: Boost Success
    • Go beyond the signature to proactively monitor supplier performance. This training provides a structured methodology for turning contract data into actionable insights. You will conduct variance analysis to spot discrepancies, evaluate performance against Key Performance Indicators (KPIs) and Service Level Agreements (SLAs), and quantify the financial impact of non-conformance. Through hands-on tutorials and job task scenarios, you will gain the skills to hold effective supplier reviews. The content equips you to identify issues and build systematic processes for continuous improvement and risk management.
  • Evaluate and Mitigate Supplier Risk
    • Master supply chain resilience with a structured, data-driven framework to neutralize threats. This training teaches you how to categorize diverse supplier risks, from logistical to geopolitical. Through practical tutorials, you will quantitatively score risks based on probability and impact, synthesizing findings into a visual heat-map for clear prioritization. The content focuses on formulating and justifying actionable mitigation strategies, such as dual-sourcing and safety-stock buffering. Using real-world examples, you will prepare to ensure business continuity and make informed, proactive sourcing decisions in a volatile global market.
  • Resolve Recurring Issues with Continuous Improvement
    • Enhance operational stability by solving business problems permanently. This training provides a structured, data-driven methodology to move beyond treating symptoms. You will apply root cause analysis techniques, such as the 5 Whys, to diagnose the fundamental source of persistent failures. Through practical examples, you will develop and document standardized corrective actions to ensure consistency. The content culminates in selecting Key Performance Indicators (KPIs) to measure the real-world impact of solutions, equipping you to identify, analyze, and resolve recurring issues for sustainable operational enhancement.
  • GenAI for Contract and Performance Insights
    • In this module, you will learn how to leverage Generative AI to revolutionize your supplier management workflow. We'll explore how to transform dense legal contracts and spreadsheets into actionable insights with speed and precision. You will learn to prompt AI tools to extract key terms, analyze performance data against contractual obligations, and even suggest mitigation strategies for identified risks. The emphasis is on practical application and the critical skill of validating AI outputs to ensure they are trustworthy and ready for business use.
  • Contract-to-Performance Analysis
    • Contracts, performance data, and risk assessments are the levers that convert supplier relationships into reliable outcomes. Without clear contract summaries, teams misinterpret obligations. Without performance analysis, teams miss the true cost of missed deliveries or poor quality. Without prioritized risk mapping, scarce remediation resources go to the wrong problems. This project gives you an integrated, practical exercise: extract key contract clauses, measure performance and spend against contract baselines, map supplier risks, and design a remediation plan with measurable KPIs.

Taught by

Professionals from the Industry

Reviews

Start your review of Advanced Supplier Quality, Risk, and Process Improvement

Never Stop Learning.

Get personalized course recommendations, track subjects and courses with reminders, and more.

Someone learning on their laptop while sitting on the floor.