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Supplier and Contract Management

Blended virtual classroom course


Hemsley Fraser

Summary

Price
£1,200 inc VAT
Study method
Online + live classes
Duration
6 hours · Full-time
Qualification
No formal qualification
Certificates
  • Certificate of completion - Free
Additional info
  • Tutor is available to students

2 students enquired about this course

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Dates

Start date
End date
29/04/2024
30/04/2024
14/08/2024
15/08/2024
04/12/2024
05/12/2024

Overview

Getting the best value out of your suppliers doesn’t stop when the ink is still wet on the contract.

In this workshop, you will learn how to manage and measure supplier performance and ensure that they deliver the service levels you need from them and move beyond contract compliance to increasingly add value and continuous improvement to your work together.

Through improved supplier and contract management, you will get more out of your suppliers and develop more effective business partnerships that are a success for everyone involved.

Description

Blended virtual training programme

  • 2x3hr virtual expert-led sessions
  • 1:1 Virtual coaching session
  • On-demand digital learning playlist

What will I learn?

  • Understand and construct simple and effective processes for supplier governance and relationship management
  • Recognise and use the stages of the contract management cycle
  • Use the most appropriate hard and soft performance measures with your suppliers
  • Spot common problems and pitfalls in contract and supplier management and employ effective strategies for dealing with them

What will it cover?

Understanding the Stages of Effective Contract and Supplier Management

  • Defining contract and supplier management
  • The contract management cycle
  • Communicating and managing the relationship

The Importance of Relationship Management

  • Relationship management styles
  • The ‘building blocks’ of an effective supplier relationship
  • Practical exercise on relationship management

Common Problems and Pitfalls

  • The most common problems and how to spot them
  • Managing changes and avoiding scope creep
  • Strategies for dealing with common problems
  • Dispute resolution

Risks to Effective Contract Delivery

  • Identifying risks and their impact/probability
  • Managing and mitigating risks
  • Risk management activity

Measuring Supplier Performance

  • Common performance measures
  • Using Service Level Agreements (SLAs)
  • Soft measures of performance – satisfaction and attitude
  • Choosing the right measure for the situation

Who is this course for?

If you are involved in the management and monitoring of suppliers then this workshop will provide you with useful tools and information, to help you get the most out of your work together.

This workshop will draw upon participants’ experiences of good and bad supplier management, as well as using expert trainer input from trainers with experience of being suppliers and contract managers.

Requirements

Learners will be asked to complete a short pre-course activity to enable the virtual course to be a truly interactive and engaging experience.

Questions and answers

Certificates

Certificate of completion

Digital certificate - Included

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.