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Managing Vendor/Supplier/Contractor Risk (one day online program)


This one day online course is designed to enhance participant’s knowledge on vendor/supplier/contractor risk.

Learning Objectives

  • 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.

Course Content:-
· 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

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