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Construction: Specialised Buying and Vendor Management

Construction: Specialised Buying and Vendor Management | CPD Accredited | 10 CPD Points/Credits


CPD Courses

Summary

Price
£12 inc VAT
Study method
Online
Duration
10 hours · Self-paced
Qualification
No formal qualification
CPD
10 CPD hours / points
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

15 students purchased this course

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Overview

Construction Specialised Buying and Vendor Management

Any person or business responsible for supplying goods or services of any kind to an organisation is classified as a vendor. In the construction industry, businesses typically work with dozens, sometimes hundreds of vendors to get the job done. Each of which will have its own unique contracted terms, responsibilities, points of contact, deadlines and so on. A highly complex yet crucially important supplier network that calls for flawless vendor management. Far more than simply locating and selecting suppliers, vendor management helps streamline, simplify and optimise the entire procurement process.

Find out how effective vendor management can make all the difference with this advanced tutorial. Learn how to identify the right source of supply, studying source selection criteria and the benefits or working with a reliable source. Explore vendor registration and development, vendor rating and its purpose, parameters of vendor rating, materials management computerisation and more.

CPD

10 CPD hours / points
Accredited by The CPD Standards Office

Course media

Description

Construction Specialised Buying and Vendor Management

Objectives

  • Explain the various features of Vendor Management
  • Describe the importance of Learning Cycle and Training in vendor Management

Programme Content

Topics

  • Vendor Management
  • Identifying the Right Source of Supply
  • Selecting a Source
  • Benefits of choosing a Source of Supply
  • Vendor Registration and Development
  • Vendor Rating
  • Aims of Vendor Rating
  • Vendor Rating Methods
  • Parameters of Vendor Rating
  • Learning Cycle and Training
  • Systematic Training Needs Analysis
  • Materials Management Computerization

Course Benefits

  • Full Tutor Support
  • Self paced, no fixed schedules
  • Available to students anywhere in the world
  • 24/7 Access to the LMS ( Learning Management System )
  • Easy to understand quality e-learning study materials

Course Material

All course materials are included in the course price. All your study material will be available on our learning management system for which you will get access once you are enrolled. The material can be downloaded and printed as well.

Our distance learning course materials are specially written for home study and contain a wealth of knowledge in easy to understand language. We use variety of media to help you learn. Your course may use any of the following different media which you can use from home or where ever you choose to study:

  • Online course materials
  • Question papers
  • Additional Supporting Material
  • Useful Links

Course assessment

You will be continually assessed throughout the course. Your assignment will be marked by your tutor and independently moderated. The feedback on your assignment will then be sent to you. On receipt of this, you may wish to contact your tutor to discuss the feedback.

Tutor Support

When you enrol on a course with Brentwood Open Learning College you are allocated your personal tutor. Tutor’s help and support will be available throughout your studies with the college. He/she will assess your work and will provide you with regular feedback on your progress.

Who is this course for?

Construction Specialised Buying and Vendor Management

  • Managers, supervisors and team leaders
  • Construction workers seeking for CPD
  • Small business owners and entrepreneurs
  • Staff working in construction industry and wishing to enhance their CVs

Requirements

Construction Specialised Buying and Vendor Management

No prior knowledge is required to take this course.

*Note: This CPD Unit is offered on special discounted price on REED only and does not include awarding body accreditation charges. At the end of the unit, learner can claim CPD Accredited certificate by paying £35 accreditation fee and postal charges (£9 for UK students, £15 for outside UK).

Career path

Construction Specialised Buying and Vendor Management

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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.