This one day online course is designed to enhance participant’s knowledge on vendor/supplier/contractor risk.
- Participants will learn how to how to:-
- Establish a vendor risk management program
- Develop Vendor Code of Ethics
- Effectively Negotiate with Vendors
- Measure Vendor/Supplier Contract Performance Standards
- Develop Contract Administration plan
- Deal with non-compliance with regulatory issues and law.
· Establishing a Vendor Risk Management Program
· Due Diligence
· Developing Vendor/Supplier Ethics Code
· Importance of Relationship Management
· Negotiating with Vendors/Suppliers
· Managing Performance
· Developing Performance Standards
· Developing an Effective Contract to Minimize Risk
· Benefits of Effective Contract Administration Plan
· Dealing with NCR
· Monitoring Compliance – Policies and Regulations
Who Should Attend.
The online course on Managing Vendor/Supplier/Contractor Risk would be of interest to Professionals from
- Sourcing, Buyers,
- Supply chain and
- Anyone interested in the subject.