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Managing Vendor Risk (one day online program)


This one day online course will help you learn the skills needed to effectively manage, communicate and deal with vendor risk and compliance.

Learning Objectives

Participants will learn how to

  • Identify, Assess, Manage and Mitigate Vendor Risk
  • Prepare Vendor Plan
  • Transfer Risk
  • Important clauses required in Vendor Contract
  • Deal with Vendor Non-conformance
  • International Best Practices

Course Content

· What is Vendor Risk
· Managing Relationship Management
· Vendor Risk Management Plan
· Vendor Management Process
· Vendor Life Cycle Management
· Types of Vendor Risk
· Vendor Risk Assessment
· Vendor Non-Conformance Report ( NCR)
· 7 Important Clauses in Vendor Agreement
· Vendor Risk – Regulatory Compliance
· Awareness and Training Vendor


Who Should Attend.

The online course on Managing Vendor Risk would be of interest to Professionals from

  • Procurement,
  • Projects
  • Finance
  • Contracts,
  • Sourcing, Buyers,
  • Supply chain and
  • Anyone interested in the subject.