| Date | Venue | Fees | |
|---|---|---|---|
| 10 - 14 Aug 2026 | Abu Dhabi - UAE | $ 5,950 | |
| 17 - 21 Aug 2026 | London - UK | $ 5,950 | |
| 07 - 11 Sep 2026 | Lisbon - Portugal | $ 5,950 | |
| 09 - 13 Nov 2026 | Dubai - UAE | $ 5,950 | |
| 09 - 13 Nov 2026 | Online | $ 4,950 | |
| 01 - 05 Feb 2027 | Dubai - UAE | $ 5,950 | |
| 19 - 23 Apr 2027 | Online | $ 4,950 | |
| 19 - 23 Apr 2027 | Dubai - UAE | $ 5,950 | |
| 28 Jun - 02 Jul 2027 | London - UK | $ 5,950 | |
| 09 - 13 Aug 2027 | Abu Dhabi - UAE | $ 5,950 | |
| 16 - 20 Aug 2027 | London - UK | $ 5,950 | |
| 06 - 10 Sep 2027 | Lisbon - Portugal | $ 5,950 | |
| 08 - 12 Nov 2027 | Dubai - UAE | $ 5,950 | |
| 08 - 12 Nov 2027 | Online | $ 4,950 |
Introduction
Suppliers and vendors play a key role in the company's success. Having a formalized system in place to track and evaluate supplier and vendor performance is essential to the smooth operation and profitability of the company.
Successful companies embrace their suppliers and vendors, viewing them as partners in helping to grow the business, therefore we have to ensure we use the right processes and criteria to select our suppliers.
This Managing Vendor Qualification, Performance & Contract Compliance training course will use the system approach to demonstrate the optimal method in vendor qualification, enhance performance and ensure contract compliance.
This GLOMACS training course provides both strategic and tactical insights into:
- How wide an adequate number of suppliers to maintain
- Selecting only the best suppliers to participate
- How to measure their performance objectively
- To ensure that they perform according to expectations
Objectives
Participants attending this Managing Vendor Qualification, Performance & Contract Compliance training course will:
- Understand to avoid combative relationship with their suppliers and vendors
- Establish the goal in understanding what value-add is a given by the vendor
- Establish the vital steps in a proper supplier evaluation
- Matching customer requirement with the correct supplier segmentation
- Develop meaningful performance measures
- Learn how to use those performance results for continuous improvement
Training Methodology
Gagne's nine steps in retention to transfer of knowledge to work practice is adopted through adult learning facilitation. Facilitation by an experienced practitioner and consultant, where individual and team exercises, and group discussions covering the many topics presented in the Managing Vendor Qualification, Performance & Contract Compliance training course.
Organisational Impact
Your organisation will benefit by:
- Ensuring suppliers performance
- Higher customer satisfaction
- Evaluate and identify to remove hidden cost drivers
- Inventory optimisation with supplier involvement
- Reduced total cost
Personal Impact
Delegates attending this Managing Vendor Qualification, Performance & Contract Compliance training course will gain the following benefits:
- Gain competency in the work task
- Understanding of the importance of supplier / vendor relationship
- Supplier / Vendor segmentation to better manage
- Productive evaluation
Who should Attend?
- Contracts, Procurement and Project Personnel
- Engineering, Operational, Quality and Maintenance Personnel
- And all others who are involved in interfacing with contractors or suppliers in the acquisition of materials, equipment, parts and services or anyone who wants to improve supplier performance and gain successful outcomes from contracting situations
Vendor Qualification: Compiling An Approved Supplier List
- Distinguish between Supplier and Vendor
- Determining the Goals and Objectives of Procurement
- End-user Involvement in Earlier Supplier Management
- Compiling Supplier Selection Criteria
- Developing an Approved Supplier List
- Supplier Segmentation
Supplier Evaluation and Assessment
- Vendor / Supplier Pre-qualification Questionnaire
- Supplier Evaluation
- Quality Management Systems
- Performing a Supplier Assessment
- Certification of Suppliers
- ISO Certification
- Setting Acceptance Criteria
Supplier Performance - What to Measure?
- Setting of Objective that are aligned with the Goals of the Company
- Characteristics of a Good Performance Measurement System
- Developing a Supplier Performance System
- Supplier Performance Management and Metrics
- Implementing the System
Supplier Performance – Interpreting the Results
- Rating the Individual Supplier
- Ranking Your Suppliers
- Disseminating the Results: What to do and what not to do?
- Rewarding Good Behaviour
- Supplier Recognition
- Corrective Action Procedures
Remedies for Breach of Contract
- What constitutes a Breach?
- The Different Types of Breaches
- The Different Remedies Available
- Determining the Quantum of Damages
- Liquidated Damages
- Equitable Damages
- Court Injunction
- Upon successful completion of the classroom-based training course, GLOMACS Certificate will be awarded to the delegates. Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
- Upon successful completion of the online training course, a GLOMACS Certificate will be awarded to all delegates. Guided Learning Hours – In accordance with ISO 9001:2015–certified quality management standards, one Guided Learning Hour is awarded for every 60 minutes of attendance.
- The certificate will also have a PMI Course Identifier, which will enable the learners to claim Professional Development Units (PDUs) / Contact Hours from Project Management Institute (PMI) towards certification or recertification of PMI credentials.
