📌 Introduction
Effective vendor management is the backbone of a resilient and high-performing supply chain. This program focuses on optimizing vendor relationships through structured assessment, quality systems, and strategic development. From rationalization and alternate sourcing to performance tracking and engagement, it equips professionals with tools to drive value and operational excellence. Strengthen collaboration, ensure quality, and build a future-ready vendor ecosystem.
🎯 Course Objectives
- Learn to assess, rate, and rationalize vendors for improved supply chain efficiency
- Understand how to drive vendor accountability through quality systems and KPIs
- Explore strategies for alternate sourcing and contract renegotiation
- Gain insights into building strong vendor relationships through meets, rewards, and feedback
- Enhance operational excellence through data-driven vendor performance management
Vendor Management/Development
Vendor Rationalization
Various models on Vendor Rating & Assessment
Vendor Selection Cos t of Quality
Vendor accountability on Quality of their supplies
Build Vendor Quality Systems
Alternate Source development
Renegotiate Contracts
Vendor Development – Value drivers
Vendor Accountability to Quality
Quality Performance
VOC / VOP
Process capability
Vendor flexibility
Delivery Performance
Key Performance Indicators (KPIs) of all related processes and actions to Accelerate Operational Excellence
Vendor meet
Vendor reward scheme
Vendor satisfaction survey
COURSE SCHEDULE & FEES
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INCOMPANY/GROUP TRAINING REQUEST
Why Choose Our Incompany Program?
- 🎯 Tailored content specific to your business goals
- 👥 Train entire teams together, saving time and cost
- 📍 Delivered at your location or virtually
- 📅 Flexible scheduling to suit your timelines
- 📈 Increase retention and application of skills