Mastering Supplier Qualification, Performance & Contract Compliance
Essential tools and methodologies to effectively evaluate, onboard, monitor, and manage suppliers to ensure high performance and compliance with contractual obligations.
Managing Supplier Qualification, Performance & Contract Compliance
Essential tools and methodologies to effectively evaluate, onboard, monitor, and manage suppliers to ensure high performance and compliance with contractual obligations.
Course Overview
This course equips procurement, supply chain, and contract management professionals with the essential tools and methodologies to effectively evaluate, onboard, monitor, and manage suppliers to ensure high performance and compliance with contractual obligations. Emphasizing risk mitigation, value delivery, and continuous improvement, the training focuses on strategic supplier management practices that align with organizational goals and regulatory standards. Through interactive sessions, and practical tools, participants will gain the ability to create structured qualification frameworks, implement performance scorecards, and enforce contract terms to build a resilient and responsible supply base.
Upon completion of this course, participants will be able to:
- Develop and implement effective supplier qualification strategies and processes
- Establish clear performance expectations and key performance indicators (KPIs) for vendors
- Develop and implement strategies for ensuring vendor contract compliance
- Manage vendor relationships effectively, including communication and issue resolution
- Understand legal and ethical considerations in vendor management
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