Conferences

Conference: Managing Vendor Qualification, Performance & Contract Compliance


Register Now
Quick Inquiry
Discount Group Download Brochure (40)

CO8203

21 - 25 Apr 2025

Kuala Lumpur (Malaysia)

Hotel : Royale Chulan Kuala Lumpur

Cost : 5775 € Euro

Introduction

Are we using the right procurement strategies? Late deliveries, budget overruns, and subpar performance often stem from flawed vendor selection processes. This seminar introduces a systems approach to vendor qualification, performance enhancement, and contract compliance. Participants will learn to broaden supplier options, select top-performing vendors, measure performance objectively, and ensure suppliers meet expectations. Drive procurement excellence with strategic and tactical insights.

Objectives

  • Benefit from learning from a seasoned practitioner

  • Hearing the practices and experiences of others

  • Cover 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

Methodology

Participants will increase their competencies through a variety of instructional methods including lecture by an experienced practitioner and consultant, individual and team exercises, and group discussions covering the many topics presented in the conference.

Organizational Impact 

  • Your suppliers will be able to deliver on time

  • Higher customer satisfaction

  • Reduced friction cost

  • Less inventory

  • Reduced total cost

Personal Impact

  • Increased job satisfaction

  • Reduced stress levels

  • Improved customer relations

  • Less time spent in meetings and more productive hours on the job

Outlines

Day 1: Vendor Qualification: Compiling an Approved Supplier List

  • Determining the goals and objectives of Procurement

  • Formulating a proper Procurement strategy

  • Involving the end-user in determining the required technologies

  • Developing an approved supplier list based on the required technologies

  • Compiling supplier selection criteria

  • Forming commodity teams to evaluate and provide supply solutions

Day 2: Supplier Assessment

  • Supplier initial questionnaire

  • Detailed supplier investigation

  • Quality management systems

  • Performing a supplier assessment

  • Process capability studies

  • Certification of suppliers

  • ISO Certification

  • Setting acceptance criteria

  • Engaging the supplier during the tender process

Day 3: Supplier Performance - What to Measure?

  • Carrot or stick?

  • The setting of objects that is aligned with the goals of the company

  • Characteristics of a good performance measurement system

  • Developing a supplier performance system

  • Sources of data

  • Common mistakes in data recording

  • Implementing the system

Day 4: Supplier Performance – Interpreting the results

  • Rating the individual supplier

  • Ranking your suppliers

  • Disseminating the results: what to do and what not to do

  • Rewarding good behavior

  • Supplier recognition

  • Punishing bad behavior

  • Corrective Action Procedures

Day 5: Remedies for breach of contract

  • What constitutes a breach?

  • The different types of breaches

  • The different remedies available

  • Determining the quantum of damages

  • Liquidated damages

  • Equitable damages

  • Court injunction

Determining the final outcome

  • Project close-out report

    • Time

    • Performance/Quality

    • Cost

  • Lessons learned

Conferences

Conference: Managing Vendor Qualification, Performance & Contract Compliance


Register Now
Quick Inquiry
Discount Group Download Brochure (40)

CO8203

21 - 25 Apr 2025

Kuala Lumpur (Malaysia) - Royale Chulan Kuala Lumpur

Hotel : Royale Chulan Kuala Lumpur

Cost: 5775 € Euro


  About Kuala Lumpur

If you are not the type to laze around during your vacation and prefer a full schedule, visiting a capital city is a good idea! You won’t be short of activities to fill your days and may choose from museums, shops, amusement parks, theaters, restaurants, or even festivals. Don’t know where to go? Look no further! Kuala Lumpur, in Malaysia, has a wide range of things to do there. Whether traveling alone, with someone else, your family, or even friends, you will surely find what to do.

 22 Portman Square, Marylebone, London W1H 7BG, UK
 3 Oudai street, Aldouki, Giza, Giza Governorate, Egypt
 0020233379764
 00201095004484
 00201102960555
 00201102960666
 19 Mayıs Mahallesi, 19 Mayis Street No 2 Sisli, 34360 Istanbul/Turkey
 00905357839460
 Australia Street, Raouche Beirut, Lebanon .، Beirut, Lebanon
 0096181746278
 811 Massachusetts Avenue, Boston, Massachusetts, 02118, USA
 6 Beirut Street - Fifth Circle Abdoun, P.O. Box 831370, 11183 Amman, Jordan
Copyright Global Horizon Training Center © 2019