Vendor Management: Performance, Selection & Contracting

Introduction

Effective vendor management plays a crucial role in business success. As global supply chains become more complex and strategic partnerships grow in importance, the ability to choose, manage, and contract with vendors has become a critical factor in organizational performance. Identifying the right vendors, negotiating favorable contracts, overseeing vendor performance, and fostering strong relationships are essential for achieving business goals.

The Vendor Management: Performance, Selection, and Contracting training course is designed to equip participants with the necessary skills and knowledge to manage vendors effectively and optimize their performance. Through interactive discussions, case studies, and hands-on exercises, this course will provide participants with the tools to successfully select, manage, and contract with vendors.

This training course is ideal for procurement and purchasing managers, vendor coordinators, supply chain managers, operations managers, contract administrators, project managers, and senior executives. It will help you enhance your vendor management skills and contribute to organizational success. Join us for this comprehensive course and learn how to maximize vendor performance through effective selection, management, and contracting.

Objectives

By the end of this Vendor Management: Performance, Selection & Contracting training course, participants will be able to:

• Understand the importance of vendor management in organizational success
• Develop effective vendor selection and contracting strategies
• Manage vendor performance and build strong relationships with vendors
• Mitigate legal risks associated with vendor management