Strategic Procurement and Vendor Risk Analysis
Improve your commercial judgement and procurement skills by learning to balance vendor relationships with operational risk. This course is ideal for specialists tasked with managing the expanding supply chain of a growing venture.
£320
Certified Vendor Management Professional
- Pass mark 70%
- Certificate on completion
- Verifiable public certificate ID
- English · available globally
Strategic Procurement and Vendor Risk Analysis: the short answers
- What is Strategic Procurement and Vendor Risk Analysis?
- Improve your commercial judgement and procurement skills by learning to balance vendor relationships with operational risk. This course is ideal for specialists tasked with managing the expanding supply chain of a growing venture.
- Who is Strategic Procurement and Vendor Risk Analysis for?
- It is pitched at Intermediate level for Vendor Management Specialists working in Startup Growth Strategies, and is studied online from any country.
- How long does Strategic Procurement and Vendor Risk Analysis take?
- Around 20 hours of study, plus the assessed assignments and one applied project.
- How is the certification assessed?
- Every assignment and the final project are assessed automatically against the published criteria. The pass mark is 70%, and an item that does not pass can be resubmitted.
- What do I receive when I pass?
- Certified Vendor Management Professional, issued as a certificate with a unique ID that employers can check in the public certificate register.
- How much does it cost?
- £320 once, with no subscription.
What you will be able to do
- Evaluate the financial stability and risk of key vendors.
- Negotiate performance-based service level agreements.
- Perform cost-benefit analyses on new procurement contracts.
- Establish vendor performance scorecarding systems.
- Manage ethical supply chain considerations.
Written by Amina Bashir, Procurement Lead. Every submission is assessed automatically against the published criteria for Certified Vendor Management Professional, and the certificate is issued the moment the assessment is complete.
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