Effective Vendor Management Training

Course Objectives

• Understanding Vendor Management Life Cycle

• Learning how to align business priorities with key vendor relationships

• Knowing the various types of risks associated with vendor contracts

• Building strong relationships with the vendor to promote mutual commitment and open communication

• Evaluating and assessing a vendor

Target Audience

• Anyone who interacts with vendors, either as a manager or a user of vendor supplied services
• Project managers, program managers, supervisors, and general managers

Methodology

This stimulating program will maximize understanding and learning through lectures, discussions, workshops, evaluations, presentations and practical activities.  

Course Modules

Module 1 – Course Overview

Module 2 – Vendor Management

Module 3 – Benefits and Challenges of Vendor Management

Module 4 – Types of Vendors

Module 5 – Vendor Management — First Steps

Module 6 – Vendor Life Cycle Management

Module 7 – Assessment and Selection of Vendors

Module 8 – Developing Contracts and Finalizing Vendors

Module 9 – Monitoring Performance and Vendor Relationships

Module 10 – Course Summary