{"product_id":"managing-suppliers-and-vendors","title":"Managing Suppliers and Vendors","description":"\u003cdiv class=\"ebsi-team-licence-note\"\u003e\u003cp\u003e\u003cstrong\u003eBuying for a team?\u003c\/strong\u003e\u003cbr\u003eChoose 5 or 10 licences to purchase access for multiple learners at a reduced per-person rate. After purchase, eBSI will contact you to confirm the learner details and arrange course access for each participant.\u003c\/p\u003e\u003c\/div\u003e\n\u003c!-- ebsi-sales-wrapper --\u003e\u003cdiv class=\"ebsi-sales-wrapper\"\u003e\n\u003cp\u003e\u003cstrong\u003eDevelop practical knowledge and confidence in Managing Suppliers and Vendors.\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eThis course will introduce the learner to the processes by which vendors and suppliers should be managed. The course will familiarize the learner with strategies for assessing risk, identifying candidates, and avoiding conflicts of interest, in addition to other details regarding the maintenance of strong vendor and supplier relationships. After completing this course, the learner will understand:\u003c\/p\u003e\n\u003ch3\u003eWhy this course matters\u003c\/h3\u003e\n\u003cp\u003eThis course turns the subject into practical, structured learning you can apply in real business and workplace situations. It is designed to help you move beyond definitions and understand how the ideas, tools and decisions covered in the course fit together.\u003c\/p\u003e\n\u003ch3\u003eWhat you will gain\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003eBuild a practical understanding of the key concepts covered in Managing Suppliers and Vendors.\u003c\/li\u003e\n\u003cli\u003eRecognise where the topic applies in real workplace or business situations.\u003c\/li\u003e\n\u003cli\u003eApply the methods and good-practice approaches covered in the course with greater confidence.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003eWho is this course for?\u003c\/h3\u003e\n\u003cp\u003eThis course is suitable for business professionals, administrators, managers and learners who want practical workplace skills they can apply immediately.\u003c\/p\u003e\n\u003ch3\u003eCourse at a glance\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eStudy time:\u003c\/strong\u003e approximately 3 hours.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eFormat:\u003c\/strong\u003e self-paced online learning.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eProfessional development:\u003c\/strong\u003e CPD course.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cp data-mce-fragment=\"1\"\u003e\u003cu\u003e\u003cstrong\u003eCourse\u003cspan\u003e Outline\u003c\/span\u003e:\u003c\/strong\u003e\u003c\/u\u003e\u003c\/p\u003e\n\u003cp data-mce-fragment=\"1\"\u003eSeat Time: 3 hrs \u003c\/p\u003e\n\u003cp data-mce-fragment=\"1\"\u003eThis course will introduce the learner to the processes by which vendors and suppliers should be managed. The course will familiarize the learner with strategies for assessing risk, identifying candidates, and avoiding conflicts of interest, in addition to other details regarding the maintenance of strong vendor and supplier relationships. After completing this course, the learner will understand:\u003c\/p\u003e\n\u003cul data-mce-fragment=\"1\"\u003e\n\u003cli data-mce-fragment=\"1\"\u003eHow to properly solicit information from vendors and suppliers.\u003c\/li\u003e\n\u003cli data-mce-fragment=\"1\"\u003eHow to rate vendor proposals.\u003c\/li\u003e\n\u003cli data-mce-fragment=\"1\"\u003eThe importance of conducting due diligence measures. \u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cu\u003e\u003cstrong\u003eCourse Topics:\u003c\/strong\u003e\u003c\/u\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT1. Importance of Vendor Management:\u003c\/strong\u003e This topic will provide the learner with information regarding the vendor management process, and the benefits of successful vendor management.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT2. Defining Scope Establishing Selection Criteria:\u003c\/strong\u003e This topic will familiarize the learner with the process of vendor selection, common criteria that is considered for evaluating vendors, and provides a distinction between a single and multiple vendor system.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT3. Assessing Risk:\u003c\/strong\u003e This topic provides the learner with different aspects of risk that should be evaluated by organizations before they select a particular vendor.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT4. Identifying Candidates: \u003c\/strong\u003eThis topic will provide the learner with possible sources from which an organization can identify potential vendors.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT5. Avoiding Conflicts of Interest: \u003c\/strong\u003eThis topic will provide the learner with important information regarding the prevention of fraud, bribery, extortion, and conflicts of interest from occurring during the vendor selection process at an organization.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT6. Soliciting Information: \u003c\/strong\u003eThis topic will provide the learner with information regarding the solicitation of information from vendors and offers a clear distinction between Requests for Information (RFIs), and (RFPs).\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT7. Rating Vendor Proposals: \u003c\/strong\u003eThis topic will provide the learner with detailed descriptions of the two methods for evaluating vendor proposals, and includes examples of each.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT8. Conducting Due Diligence:\u003c\/strong\u003e This topic will provide the learner with procedures for confirming information about a particular vendor after an organization has identified its final list of potential vendors.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT9. Establishing a Contract:\u003c\/strong\u003e This topic will provide the learner with different elements included in a vendor contract, and will demonstrate the importance of careful negotiation.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT10. Terms to Consider:\u003c\/strong\u003e This topic will identify and define terms typically used in vendor contracts, and emphasize the meaning of these terms, demonstrating why they must be considered by an organization.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT11. Relationship Management:\u003c\/strong\u003e This topic will provide the learner with key elements to maintaining a relationship between an organization and a vendor, and identifies the steps that should be taken after a vendor contract expires.\u003c\/p\u003e\n\u003c!-- ebsi-cross-sell --\u003e\u003cdiv class=\"ebsi-cross-sell\"\u003e\n\u003ch3\u003eContinue your learning\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003ePart of this learning pathway:\u003c\/strong\u003e \u003ca href=\"\/collections\/professional-skills\"\u003eProfessional Skills\u003c\/a\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c!-- ebsi-academy-breadcrumb --\u003e\n\u003chr\u003e\u003cdiv class=\"ebsi-course-pathway\"\u003e\n\u003cp\u003e\u003cstrong\u003eCourse pathway:\u003c\/strong\u003e \u003ca href=\"\/pages\/welcome-to-ebsi-banking-academy\"\u003eeBSI Banking Academy\u003c\/a\u003e \u0026gt; \u003ca href=\"\/collections\/professional-skills\"\u003eProfessional Skills\u003c\/a\u003e \u0026gt; Managing Suppliers and Vendors\u003c\/p\u003e\n\u003cp\u003eExplore more \u003ca href=\"\/collections\/professional-skills\"\u003eProfessional Skills\u003c\/a\u003e training or return to the \u003ca href=\"\/pages\/welcome-to-ebsi-banking-academy\"\u003eeBSI Banking Academy\u003c\/a\u003e.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cp\u003e\u003cstrong\u003eRelated eBSI learning pathway:\u003c\/strong\u003e \u003ca href=\"\/pages\/welcome-to-ebsi-export-academy-1\"\u003eeBSI Export Academy\u003c\/a\u003e \u0026gt; \u003ca href=\"\/collections\/logistics-scm\"\u003eLogistics \u0026amp; Supply Chain Management\u003c\/a\u003e\u003c\/p\u003e","brand":"Bankers Academy","offers":[{"title":"Individual Licence (EUR 60)","offer_id":40018853429426,"sku":"BA-033","price":66.0,"currency_code":"USD","in_stock":true},{"title":"5 Licences (EUR 50 each)","offer_id":59260490318172,"sku":null,"price":275.0,"currency_code":"USD","in_stock":true},{"title":"10 Licences (EUR 40 each)","offer_id":59260490350940,"sku":null,"price":440.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0077\/7604\/3071\/products\/BA-033ManagingSuppliersandVendorsCover.png?v=1620953703","url":"https:\/\/www.ebsiamericas.com\/products\/managing-suppliers-and-vendors","provider":"eBSI Export Academy","version":"1.0","type":"link"}