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18 - CMN - Contract Management and Negotiation Skills

CMN 109 - Managing Vendor Qualification

Code Start Date Duration Venue
CMN 109 16 October 2023 5 Days Istanbul Registration Form Link
CMN 109 11 December 2023 5 Days Istanbul Registration Form Link
Please contact us for fees


Course Description

This course examines the process of granting approval for vendors and suppliers starting form screening and selecting, going through auditing and evaluating performance after approval. It explains the importance of performing continuous monitoring after granting the certifications. The course also sheds light on acquiring ISO’s certifications. By the end of this course, participants will be able to follow strategic approaches that minimize mistakes and delays in providing services. 

Course Objectives

  • Learning the strategies of vendor selections and qualifications
  • Monitoring the performance of the vendor
  • Conducting a systematic quality assessment
  • Understanding underlying risks and how to control them
  • Managing change after approval of vendors 

Who Should Attend?

  • Contracts personnel/managers
  • Procurement personnel/managers
  • Quality assurance personnel/managers
  • Anyone involved in dealing with vendors

Course Details/Schedule

Day 1

  • Developing service requirements
  • Setting up a procurement strategy
  • Supplier screening
  • Vendor selection
  • Conducting technical reviews
  • Due Diligence

Day 2

  • The goal of auditing after selection
  • Creating the team of initial auditors
  • Potential product risk
  • Certification of suppliers
  • ISO Certification

Day 3

  • Quality assessment
  • Quality/Contract Agreement development
  • Manufacturing deficiencies
  • Alignment with the goals of the company
  • Common mistakes in data recording

Day 4

  • Monitoring after approval
  • Rating the suppliers’ performance
  • Audit standards
  • Audit report
  • Performance of audit
  • Manufacturer Questionnaire
  • Corrective Action Procedures

Day 5

  • Change control
  • Supply chain security
  • Initiation of change
  • Execution of change
  • Evaluation of change