Vendor Management: Performance, Selection & Contracting

An Intensive 5-day Training Course

Vendor Management:
Performance, Selection & Contracting

Maximizing Vendor Performance for Strategic Selection & Effective Contracting

UPCOMING SESSIONS

Classroom sessions
DateVenueFee
07-11 Jul 2025Dubai - UAE$5,950RESERVE A SEAT
22-26 Sep 2025Dubai - UAE$5,950RESERVE A SEAT
17-21 Nov 2025Manama - Bahrain$5,950RESERVE A SEAT
08-12 Dec 2025London - UK$5,950RESERVE A SEAT
12-16 Jan 2026Dubai - UAE$5,950RESERVE A SEAT
20-24 Apr 2026London - UK$5,950RESERVE A SEAT

Training Course Overview

Effective vendor management plays a crucial role in business success. As global supply chains become more complex and strategic partnerships grow in importance, the ability to choose, manage, and contract with vendors has become a critical factor in organizational performance. Identifying the right vendors, negotiating favorable contracts, overseeing vendor performance, and fostering strong relationships are essential for achieving business goals.

The Vendor Management: Performance, Selection, and Contracting training course is designed to equip participants with the necessary skills and knowledge to manage vendors effectively and optimize their performance. Through interactive discussions, case studies, and hands-on exercises, this course will provide participants with the tools to successfully select, manage, and contract with vendors.

This course is ideal for procurement and purchasing managers, vendor coordinators, supply chain managers, operations managers, contract administrators, project managers, and senior executives. It will help you enhance your vendor management skills and contribute to organizational success. Join us for this comprehensive course and learn how to maximize vendor performance through effective selection, management, and contracting.

Training Course Objectives

By the end of this training course, participants will be able to: 

  • Understand the importance of vendor management in organizational success
  • Develop effective vendor selection and contracting strategies
  • Manage vendor performance and build strong relationships with vendors
  • Mitigate legal risks associated with vendor management

Designed for

This training course is suitable to a wide range of professionals but will greatly benefit:

  • Procurement and purchasing managers
  • Vendor managers and coordinators
  • Supply chain managers
  • Operations managers
  • Contract administrators
  • Project managers
  • Senior executives

Learning Methods

This Vendor Management: Performance, Selection and Contracting training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented.

The Course Outline

Day One: Introduction to Vendor Management
  • Introduction to the course and its objectives
  • Definition of vendor management and its importance in business operations
  • Vendor management process and its key components
  • Role of vendor management in enhancing organizational performance
  • Understanding the key challenges in vendor management
Day Two: Vendor Selection Process
  • Key considerations in vendor selection
  • Types of vendors and their respective selection criteria
  • Sourcing strategies for vendor selection
  • Analyzing vendor proposals and conducting due diligence
  • Best practices in vendor selection
Day Three: Vendor Contracting and Performance Management
  • Overview of vendor contracting
  • Key elements of a vendor contract
  • Managing vendor performance and ensuring adherence to contract terms
  • Setting vendor performance metrics and KPIs
  • Best practices in vendor contracting and performance management
Day Four: Effective Communication and Relationship Management with Vendors
  • Developing effective communication strategies with vendors
  • Building strong vendor relationships for mutual benefit
  • Overcoming communication and relationship management challenges
  • Collaborating with vendors to drive innovation
  • Best practices in vendor communication and relationship management
Day Five: Legal Aspects of Vendor Management
  • Overview of legal considerations in vendor management
  • Reviewing vendor agreements and identifying potential risks
  • Legal obligations of both parties in the vendor contract
  • Understanding vendor dispute resolution mechanisms
  • Best practices for mitigating legal risks in vendor management

The Certificate

  • Anderson Certificate of Completion will be provided to delegates who attend and complete the course

In Association With

Aztech
Copex
Coventry
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    How can I register for a training course?

    There are several convenient ways to register for our training programs:

    • Online: Explore our training calendar, choose the course that suits your needs, and click the “Register Now” button on the course details page.
    • Email: Share your details, including your name, organization, email address, and selected course, by sending an email to  [email protected]
    • Phone: Reach out to us directly at +971 4 273 3503, and our team will guide you through the registration process.

    When will I receive confirmation of my registration?

    Once your registration is successfully completed, you will receive a confirmation email within 24 hours. This email will contain your registration details, invoice, and the necessary joining instructions for the course.

    What does the training fee cover?

    The training fees include full access to the training venue, along with comprehensive training materials to enhance your learning experience. Additionally, participants will be provided with writing supplies and stationery. To ensure comfort and convenience, the fee also covers lunch and refreshing coffee breaks throughout the duration of the course.

    Where are your training courses held?

    Our training programs are hosted at luxurious five-star hotels in prestigious destinations across the globe. Some of our popular locations include Dubai, London, Kuala Lumpur, Amsterdam, New York, Paris, Vienna, and many other iconic cities.

    Can I request customized corporate training?

    Yes, we offer tailored corporate training solutions to meet your organization’s specific needs. Please contact us at [email protected] or call +971 4 273 3503 for more information.

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