A PMI Registered Training Course

Managing Vendor Qualification, Performance & Contract Compliance

Vendors Management from Selection to Contracting

02 - 06 Feb 2026
Dubai
| $5950
20 - 24 Apr 2026
Dubai
| $5950
29 Jun - 03 Jul 2026
London
| $5950
17 - 21 Aug 2026
London
| $5950
09 - 13 Nov 2026
Dubai
| $5950
22 - 26 Dec 2025
Online
| $3950
20 - 24 Apr 2026
Online
| $3950
09 - 13 Nov 2026
Online
| $3950

Introduction

Suppliers and vendors play a key role in the company's success. Having a formalized system in place to track and evaluate supplier and vendor performance is essential to the smooth operation and profitability of the company. 

Successful companies embrace their suppliers and vendors, viewing them as partners in helping to grow the business, therefore we have to ensure we use the right processes and criteria to select our suppliers.

This Managing Vendor Qualification, Performance & Contract Compliance training course will use the system approach to demonstrate the optimal method in vendor qualification, enhance performance and ensure contract compliance.

This GLOMACS training course provides both strategic and tactical insights into:

Key Learning Outcomes

Participants attending this Managing Vendor Qualification, Performance & Contract Compliance training course will:

Training Methodology

Gagne's nine steps in retention to transfer of knowledge to work practice is adopted through adult learning facilitation. Facilitation by an experienced practitioner and consultant, where individual and team exercises, and group discussions covering the many topics presented in the Managing Vendor Qualification, Performance & Contract Compliance training course.

Managing Vendor Qualification, Performance & Contract Compliance

Who Should Attend?

Your organisation will benefit by:

  • Ensuring suppliers performance
  • Higher customer satisfaction
  • Evaluate and identify to remove hidden cost drivers
  • Inventory optimisation with supplier involvement
  • Reduced total cost

Learning Journey Breakdown

  • 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
  • Vendor / Supplier Pre-qualification Questionnaire
  • Supplier Evaluation
  • Quality Management Systems
  • Performing a Supplier Assessment
  • Certification of Suppliers
  • ISO Certification
  • Setting Acceptance Criteria
  • Setting of Objective 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
  • Rating the Individual Supplier
  • Ranking Your Suppliers
  • Disseminating the Results: What to do and what not to do?
  • Rewarding Good Behaviour
  • Supplier Recognition
  • Corrective Action Procedures
  • What constitutes a Breach?
  • The Different Types of Breaches
  • The Different Remedies Available
  • Determining the Quantum of Damages
  • Liquidated Damages
  • Equitable Damages
  • Court Injunction

Ready to Take the Next Step?

Reserve your slot today and start your learning journey with us.

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