Logistics & Supply Chain Management
CIVM – Certified International Vendor Management Professional
Categories: Online
CIVM – Certified International Vendor Management Professional
Categories: Online
Course Methodology
The Certified International Vendor Management course uses a mix of presentations, questionnaires, case studies and group discussions.
Course Objectives
Upon completing this vendor management certification, participants will be able to:
- Select vendor/supplier as per organizational requirement
- Evaluate vendor/supplier performance as per organizational requirement
- Identify areas of improvement while engaging with suppliers throughout their lifecycle
- Reduce different types of risks associated with vendor management
- Control supply chain costs and maintain inventory levels
- Support procurement requirements by implementing vendor integration techniques
Target Competencies
- Vendor selection
- Supplier quality management
- Negotiations and cost analysis
- Supplier strategy
- Improve vendor relations
- Risk mitigation
Course Outline
Module 1 – Introduction to Vendor Management
- What is Vendor Management?
- Benefits of Vendor Management
- Challenges of Vendor Management
- Vendor Lifecycle Management
- Phases of Vendor Lifecycle Management
- Pillars of Effective Vendor Management
Module 2 – Vendor Management Process
- Selection of Vendors
- Contract Negotiation
- Vendor Onboarding
- Monitoring Vendor Performance
- Managing Risks
Module 3 – Contracts Management
- Effective Vendor Management Strategies
- Vendor Contract Management Process
- Evaluation of Bid Proposals
- Vendor Agreements
- Creating Effective SOWs
- Contract Risk Types
Module 4 – Vendor Relationships
- Managing Vendor Relationships
- Changing Controls Systems
- Escalation Management
- Effective ways to Negotiate with Vendors
- Dispute Resolution
Module 5 – Metrics
- Vendor Metrics
- Understanding Responsibility Assignment Matrix
- Vendor Scorecard
- Vendor Performance
- Balanced Scorecard (BSC)
- Improve Vendor Management Process
Module 6 – Risk Management
- Vendor Risks
- Risk Mitigation
IPSCMI, the International Purchasing and Supply Chain Management Institute, is a globally reputed professional certification institute in the United States offering multiple supply chain courses including specialization course for vendor management throughout the world in all modes of instruction.
Blue Ocean Academy has an exclusive tie-up with the US-based International Purchasing and Supply Chain Management Institute (IPSCMI) to offer Vendor Management in the UAE and other GCC countries. Upon course completion, students receive a Certificate from IPSCMI.
Course Methodology
The Certified International Vendor Management course uses a mix of presentations, questionnaires, case studies and group discussions.
Course Objectives
Upon completing this vendor management certification, participants will be able to:
- Select vendor/supplier as per organizational requirement
- Evaluate vendor/supplier performance as per organizational requirement
- Identify areas of improvement while engaging with suppliers throughout their lifecycle
- Reduce different types of risks associated with vendor management
- Control supply chain costs and maintain inventory levels
- Support procurement requirements by implementing vendor integration techniques
Target Competencies
- Vendor selection
- Supplier quality management
- Negotiations and cost analysis
- Supplier strategy
- Improve vendor relations
- Risk mitigation
Course Outline
Module 1 – Introduction to Vendor Management
- What is Vendor Management?
- Benefits of Vendor Management
- Challenges of Vendor Management
- Vendor Lifecycle Management
- Phases of Vendor Lifecycle Management
- Pillars of Effective Vendor Management
Module 2 – Vendor Management Process
- Selection of Vendors
- Contract Negotiation
- Vendor Onboarding
- Monitoring Vendor Performance
- Managing Risks
Module 3 – Contracts Management
- Effective Vendor Management Strategies
- Vendor Contract Management Process
- Evaluation of Bid Proposals
- Vendor Agreements
- Creating Effective SOWs
- Contract Risk Types
Module 4 – Vendor Relationships
- Managing Vendor Relationships
- Changing Controls Systems
- Escalation Management
- Effective ways to Negotiate with Vendors
- Dispute Resolution
Module 5 – Metrics
- Vendor Metrics
- Understanding Responsibility Assignment Matrix
- Vendor Scorecard
- Vendor Performance
- Balanced Scorecard (BSC)
- Improve Vendor Management Process
Module 6 – Risk Management
- Vendor Risks
- Risk Mitigation
IPSCMI, the International Purchasing and Supply Chain Management Institute, is a globally reputed professional certification institute in the United States offering multiple supply chain courses including specialization course for vendor management throughout the world in all modes of instruction.
Blue Ocean Academy has an exclusive tie-up with the US-based International Purchasing and Supply Chain Management Institute (IPSCMI) to offer Vendor Management in the UAE and other GCC countries. Upon course completion, students receive a Certificate from IPSCMI.