Course Overview:
This intensive 5-day training course offered by IRES provides a comprehensive understanding of supplier and vendor performance management, ensuring that organizations maximize value and minimize risk. Participants will gain hands-on experience in supplier selection, contract management, performance evaluation, and dispute resolution. The course covers best practices in procurement, tender documentation, and risk management to enhance supply chain efficiency and business success.
Course Duration:
5 Days
Target Audience:
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Contracts, Procurement, and Project personnel
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Engineering, Operational, Quality, and Maintenance personnel
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Professionals involved in supplier and contractor interactions
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Anyone seeking to improve supplier performance and manage procurement processes effectively
Organizational Impact:
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Improved supplier selection and relationship management
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Enhanced procurement strategies for cost-effectiveness
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Strengthened risk assessment and contract compliance
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Greater efficiency in managing supplier performance failures
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Increased organizational profitability through optimized supplier collaboration
Personal Impact:
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Increased knowledge of procurement strategies and supplier management
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Improved ability to evaluate and select suppliers effectively
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Enhanced confidence in handling procurement documentation and disputes
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Better understanding of contract risks and performance monitoring
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Strengthened negotiation skills for supplier and vendor agreements
Course Level:
Course Objectives:
By the end of this training seminar, participants will be able to:
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Broaden their knowledge of various procurement strategies
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Enhance their understanding of best practices in tender documentation
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Extend their knowledge of key risk areas and their management
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Improve contract and supplier relationship management skills
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Develop their ability to monitor and manage supplier performance failures
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Boost their confidence in handling contractual issues and disputes
Course Outline:
Module 1: Understanding Procurement and Supplier Management
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The role of suppliers and vendors in business success
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Key procurement strategies and best practices
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Criteria for effective supplier selection
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Case Study: Analyzing a successful supplier partnership
Module 2: Tender Documentation and Risk Assessment
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Essential components of tender documentation
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Identifying and mitigating procurement risks
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Legal and compliance considerations in supplier contracts
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Case Study: Evaluating real-life tender processes and risk mitigation strategies
Module 3: Supplier Relationship and Contract Management
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Building long-term supplier partnerships
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Effective contract negotiation techniques
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Managing supplier performance and expectations
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Case Study: Managing a challenging supplier contract
Module 4: Monitoring Performance and Handling Failures
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Key performance indicators (KPIs) for supplier evaluation
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Techniques for handling supplier performance issues
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Best practices in dispute resolution
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Case Study: Addressing supplier non-compliance in a contract
Module 5: Procurement Strategies and Future Trends
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Emerging trends in supplier and vendor management
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Digital tools for procurement and contract management
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Continuous improvement strategies in supplier management
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Case Study: Implementing a new procurement strategy for business growth
Related Courses
Course Administration Details:
Methodology
These instructor-led training sessions are delivered using a blended learning approach and include presentations, guided practical exercises, web-based tutorials, and group work. Our facilitators are seasoned industry experts with years of experience as professionals and trainers in these fields. All facilitation and course materials are offered in English. Participants should be reasonably proficient in the language.
Accreditation
Upon successful completion of this training, participants will be issued an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
Training Venue
The training will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.
Accommodation and Airport Transfer
Accommodation and Airport Transfer are arranged upon request. For reservations contact the Training Officer.
- Email: [email protected]
- Phone: +254715 077 817
Tailor-Made
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on:
- Email: [email protected]
- Phone: +254715 077 817
Payment
Payment should be transferred to the IRES account through a bank on or before the start of the course. Send proof of payment to [email protected]
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