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5-Day Training Course PMI Registered Training Courses

Managing Vendor Qualification, Performance & Contract Compliance

Vendors Management from Selection to Contracting

Certificate

Course Overview

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 Energy Training Centre training course provides both strategic and tactical insights into:

  • How wide an adequate number of suppliers to maintain
  • Selecting only the best suppliers to participate
  • How to measure their performance objectively
  • To ensure that they perform according to expectations

Course Objectives

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

  • Understand to avoid combative relationship with their suppliers and vendors
  • Establish the goal in understanding what value-add is a given by the vendor
  • Establish the vital steps in a proper supplier evaluation
  • Matching customer requirement with the correct supplier segmentation
  • Develop meaningful performance measures
  • Learn how to use those performance results for continuous improvement

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.

Who Should Attend

  • Contracts, Procurement and Project Personnel
  • Engineering, Operational, Quality and Maintenance Personnel
  • And all others who are involved in interfacing with contractors or suppliers in the acquisition of materials, equipment, parts and services or anyone who wants to improve supplier performance and gain successful outcomes from contracting situations

Course Curriculum

  • 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

Certificates Awarded

Certificate of Completion

After successfully completing this training course, participants will be awarded The Energy Training Centre Certificate of Completion — a respected validation of their dedication to continuous learning and professional excellence. This certificate signifies that participants have gained the essential knowledge and skills required to make a measurable impact in their field.

Participants of the training course will receive Professional Development Units (PDUs) or Contact Hours that are accredited by the Project Management Institute (PMI®). These credits are specifically designated by PMI® for this course and are valuable for participants in maintaining and renewing their professional certifications in project management.
Upcoming Sessions
Live Virtual Session
Dubai, UAE
Live Virtual Session
Dubai, UAE
Dubai, UAE
Live Virtual Session
London, UK
Abu Dhabi, UAE
London, UK
Lisbon, Portugal
Dubai, UAE
Live Virtual Session
Live Virtual Session

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Frequently Asked Questions

Our training courses are conducted at partnered hotels located within the specified training areas. Please note that venue assignments may vary based on availability. For the most current information, do not hesitate to contact us at [email protected].

Yes, we do. We provide tailored training courses designed to meet the specific requirement of larger group of individuals. These customized training courses can be conducted both classroom and online formats, allowing you the flexibility to choose you preferred dates and duration.

Please contact us at [email protected] to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.

Upon successful completion of the training course, you will receive The Energy Training Centre Certificate of Completion with corresponding learning hours.

Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at [email protected]

We offer two convenient payment options:

  • Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
  • Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.

Upon receiving your registration details, either via email at [email protected] or through our online registration form, we will send you the following by email within 24-48 hours of registration.

  • Joining Instructions
  • Invoice/receipt (where appropriate)

There are two convenient options to register for a training course:

  • Online Registration Form – Register for your desired training course by completing the online registration form available on our website. Simple click on the registration button or select your preferred dates and provide the requested information.
  • Email Registration – You can email us your intention to register at [email protected]. Our team will guide you through the registration process and provide assistance you may need.

We understand that time zones may be different between our Senior Consultants and our delegates. Our standard online course timings (11:00 AM to 4:00 PM, GMT+4 – Dubai, UAE) may be adjusted upon confirming the programme. Our team shall communicate between the confirmed registered delegates and suggest a suitable course timing for all.

Our standard course duration for our classroom programmes is 6 hours per day while our online session is 5 hours per day.

Our training courses span across diverse industries, encompassing sectors such as but not limited to:

  • Power & Utilities
  • Oil & Gas
  • Financial Institutions
  • Government and Regulatory bodies
  • Manufacturing & Production Industry

Our commitment lies in continuously refining and expanding our training course offerings to align with evolving industry landscapes. We encourage individuals to explore our website or engage with our dedicated support team for the latest information on available courses, ensuring access to the most pertinent and current educational resources.

Yes, The Energy Training Centre is certified and recognized by several prominent industry standards. Specifically, it holds certifications from ILM, Continuing Professional Development (CPD), and the Project Management Institute (PMI).

  • ILM (ID# 002398B) – This certification indicates that our training programmes meet high standards for leadership and management development, ensuring that they are designed to enhance participants’ skills in these critical areas.
  • Continuing Professional Development (CPD) – Our recognition by CPD reflects our commitment to providing educational opportunities that support ongoing professional growth and skill enhancement. This accreditation ensures that our training courses are relevant and effective for professionals seeking to advance their careers.
  • Project Management Institute (PMI) – Being recognized by PMI signifies that our training programmes align with industry best practices in project management. This certification assures participants that our offerings are in line with the standards required for effective project management and are valuable for those pursuing or maintaining PMI credentials.

These certifications underscore our dedication to providing high-quality, industry-relevant training that fosters professional growth and meets established standards. Additionally, we are actively pursuing further certifications and affiliations to enhance our offerings and ensure we remain at the forefront of industry best practices.

About Energy Training Centre

Energy Training Centre is a leading provider of professional development programs for the energy and public sectors. With over 15 years of experience, we have trained more than 50,000 professionals across the Middle East and beyond.

Our expert-led courses are designed to meet the evolving needs of modern organizations, combining theoretical knowledge with practical applications that deliver immediate value to your career and organization.

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Professionals Trained
15+
Years of Experience
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