Course description
In this course, you will acquire the skills necessary to adeptly oversee vendors. Through practical exercises, a holistic understanding will be cultivated on the selection, motivation, and management of vendors.
The curriculum will introduce you to the procurement life cycle and emphasize the three crucial facets of successful vendor management: commitments, relationships, and metrics. Commitments involve the reciprocal obligations manifested in agreements, contracts, and statements of work. Relationships encompass the orchestration of interactions between the buyer and seller, ranging from governance protocols to negotiation dynamics. Metrics involve the collection of data throughout the procurement project, employed to assess performance. You will be equipped to design metrics that incentivize desired behavior and optimize value.
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Why choose Global Business Advisors
Courses delivered across the UK, Europe, Asia, North America, and the Middle East
We design the module and engage in learning experiences anytime, whether it is local or global facilitation you need.
Experienced and highly qualified trainers provide a distinctive learning experience customized to your needs.
Expenses
For pricing on group bookings, please contact the training provider.
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Global Business Advisors
GBA the name highlights as a one-stop for diversified training. We are one of the most upcoming UK-based training companies offering extensive training with a wide range of training courses. We are based in the UK with venues across the...