Managing Vendor Partnerships

Course Overview

In today’s global business economy, organizations are facing the challenge of effectively leveraging outside services. Manager’s role and responsibilities have increased from handling personnel issues to effectively building relationships with suppliers. These vendor services can help the organizations in achieving improved quality products, low cost operations and better customer services. The managers or employees need to have adequate skills and competencies for developing the relationships with internal and external clients. These relationships are significantly important; any mishandling will damage the repute of the organization and incur heavy cost. Vendor Management training course is designed to provide the participants with a set of tools and techniques which are necessary for vendor management so that they can effectively manage the relationships with service providers and create long term value for the organization.

Course Objectives

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

  • Have strong knowledge of supply chain management that can be used at the workplace
  • Demonstrate the mastery of some of the key skills to the current and future employers
  • Gain competitive edge along with practical knowledge
  • Increase the identification of the problem and have skills for problem solving
  • Increase return on investments by using application-based strategy

Course Content

  • Build Strategic Framework for Analyzing the Supply Chain
  • Understand supply chain
  • Supply chain performance: Achieve the strategic fit
  • Drivers of supply chain and metrics
  • Design Supply Chain Network
  • Design the distribution of networks to online sales
  • Design network in supply chain
  • Design global supply chain networks
  • Plan and Coordinate the Demand and Supply in Supply Chain
  • Forecast in supply chain
  • Plan in supply chain
  • Plan of sales and operations
  • Coordination in supply chain
  • Plan and Manage Inventories in Supply Chain
  • Manage scale economies in supply chain cycle inventory
  • Manage uncertainty in supply chain: safety inventory
  • Determine the level of optimal product availability
  • Design and Plan Transportation Networks
  • Transportation in the supply chain
  • Manage Cross-Functional Drivers in a Supply Chain
  • Decisions of sourcing in supply chain
  • Manage price and revenue in supply chain
  • Supply chain and information technology
  • Supply chain and sustainability

Course Methodology

The training is going to be highly interactive combination of lectures, group discussions, questionnaires, individual reflections, role plays, simulations and videos.

Target Audience

Vendor Management training course is designed for supply chain and logistics professionals, managers in entire supply chain that could be from the warehousing, manufacturer, retail, procurement, distribution, manufacturer sector, or those individuals who are interested to increase their knowledge and very much committed to professional advancement.

Duration

2 days (08:30–14:30) with appropriate breaks for tea/refreshments and lunch.

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