INTRODUCTION

A business's ability to succeed is heavily reliant on its suppliers and vendors. The establishment of a formalized system that monitors and assesses vendor and supplier performance is credited with ensuring efficient operations. This course's objective is to give participants the know-how to create formalized procedures that ensure suppliers and vendors evaluate performance.

 COURSE OBJECTIVES

Participants will be capable of the following after the course:

• • Tender documentation
• • Identify hazards and put their management into practice.
• • Knowledge of procurement tactics
• • Acquiring awareness of best practices in relation to diversifying your buying strategy
• • Increased understanding of managing contractual ties
• • Acquire skills in recognizing and handling performance lapses.
• • Develop self-assurance to handle issues with contracts. 

 DURATION

5 Days

WHO SHOULD ATTEND

The target audience for this course includes project and procurement staff, engineering, operational, and maintenance staff, as well as all other professionals that are in charge of purchasing goods from suppliers and vendors.

COURSE OUTLINE

Vendor Qualification: Developing a list of approved suppliers

• Differentiate between vendor and supplier
• Procurement goals and objective
• Involvement of end user in early supplier management
• Criteria of compiling selection of supplier
• Creating a supplier list that is approved
• Segmentation of supplier

Evaluation and Assessment of Supplier

• Supplier/vendor pre-qualification questionnaires
• Evaluation of supplier
• Quality Management systems
• Supplier assessment
• Supplier certification
• ISO certification
• Criteria of acceptance

Performance of Supplier –What to measure

• Development of objectives aligned with the goals of an institution
• Characteristics of a good performance measurement system
• Supplier performance system development
• System implementation

Performance of Supplier –Results interpretation

• Individual supplier rating
• Suppliers ranking
• Results dissemination
• Good behavior rewarding
• Recognition of supplier
• Procedures for corrective action

Breach of Contract Remedies

• Understanding the components of a breach
• Types of breaches
• Types of available remedies
• Quantum of damages
• Liquidated damages
• Equitable damages
• Court injunctions

GENERAL NOTES

• Our seasoned instructors, who have years of experience as seasoned professionals in their respective fields of work, will be teaching this course. A combination of practical exercises, theory, group projects, and case studies are used to teach the course.
• The participants receive training manuals and supplementary reading materials.
• Participants who complete this course successfully will receive a certificate.
• We can also create a course specifically for your organization to match your needs. To learn more, get in touch with us at training@dealsontrainers.org.
• The training will take place at DEALSON TRAINERS IN NAIROBI, KENYA in Nairobi, Kenya.
• The training fee includes lunch, course materials, and lodging for the training session. Upon request, we may arrange for our participants' lodging and transportation to the airport.
• Payment must be made to our bank account before the training begins, and documentation of payment should be emailed to training@dealsontrainers.org