- TypeTraining or Development Class
- Location Devimpact Institute, Nairobi, Kenya
- Date 31-07-2023 - 04-08-2023
Education/Teaching/Training/Development
About the Course
Decisions about where to buy components, raw materials, manufacturing and testing equipment, and even advisory services should be well informed and documented through a vendor qualification process. Making bad purchasing choices can result in circumstances that affect product quality, regulatory compliance, business earnings, and even the company's reputation.
This training program takes participants through best practices for developing a long-lasting vendor qualifying process. The training will adopt a practical approach to illustrate the best ways to improve vendor performance and guarantee contract compliance.
Target Participants
This course targets Contract, Procurement, supply chain and Projects personnel
Course Duration
Online
7 Days
Classroom-based
5 Days
What You Will Learn
By the end of this course the participants will be able to:
Design a sustainable vendor qualification program
Choose the ideal prospective vendor
Determine what a prospective vendor must provide before being approved
Calculate the time and costs involved with vendor qualifying
Identify typical mistakes to avoid while selecting vendors
Create impactful performance metrics
Use performance results for continuous improvement
Course Outline
Vendor Qualification: Compiling an Approved Supplier List
Distinguish between supplier and vendor
Determining the goals and objectives of procurement
End-user involvement in earlier supplier management
Compiling supplier selection criteria
Developing an approved supplier list
Supplier segmentation
Supplier Evaluation and Assessment
Vendor / supplier pre-qualification questionnaire
Supplier evaluation
Quality management systems
Performing a supplier assessment
Certification of suppliers
ISO certification
Setting acceptance criteria
Supplier Performance - What to Measure?
Setting of objectives that are aligned with the goals of the company
Characteristics of a good performance measurement system
Developing a supplier performance system
Supplier performance management and metrics
Implementing the System
Supplier Performance – Interpreting the Results
Rating the individual supplier
Ranking your suppliers
Disseminating the results: what to do and what not to do
Rewarding good behavior
Supplier recognition
Corrective action procedures
Remedies for Breach of Contract
What constitutes a breach?
The different types of breaches
The different remedies available
Determining the quantum of damages
Liquidated damages
Equitable damages
Court injunction
Training Approach
This course is delivered by our seasoned trainers who have vast experience as expert professionals in their respective fields of practice. The course is taught through a mix of practical activities, presentations, group works and case studies.
Training manuals and additional reference materials are provided to the participants.
Certification
Upon successful completion of this course, participants will be issued a certificate.
Tailor-Made Course
We can also do this as a tailor-made course to meet organization-wide training needs. A training needs assessment will be done on the training participants to collect data on the existing skills, knowledge gaps, training expectations and tailor-made needs