Strategic Management

• What is Strategy
• Organizational Strategy
• Strategy Development
• Strategic Management Process
• Strategic Sourcing
• Strategic Management Tools
• Strategic Role of Purchasing
• Procurement Portfolio Management
• Kraljic Portfolio Purchasing Model

Sourcing Strategy

• Sourcing Strategy Basics and Types
• Low-cost Country Sourcing
• Global Sourcing
• Offshore Outsourcing
• Outsourcing
• Sourcing Advisory

Purchase Management

• Objectives of Purchasing
• Functions and responsibilities of Purchase Department
• Methods of Purchasing
• Purchase Organization Structure
• JIT Purchasing
• Agile Purchasing
• Sustainable Purchasing
• Green Purchasing

Vendor Evaluation

• Supplier Strategy
• System of Vendor evaluation
• Parameters for evaluation of Vendors Performance
• Social Audit
• Total Evaluation
• Guidelines for Purchases through Tender and Negotiations
• Purchase Review
• Analytical Tools

Contract Management

• Contract Definition
• Contract Elements
• Indian Contract Act
• Contract Management
• Contract Lifecycle Management
• Automating Contract Management
• Change Management
• Contract Compliance
• Procurement and Contract Management
• Purchase & Tender procedure
• Commercial Disputes
• Alternative Dispute Resolution Technique

Vendor Negotiation

• Definition of Negotiation
• Preparing for the Negotiation Process
• The Seven Basic Steps in Negotiation
• Negotiation Styles
• Strategies for Negotiation
• Best Alternative to a Negotiated Agreement (BATNA)
• Approaches for Negotiation
• Types of Negotiators
• Tactics for Negotiation Process
• Non-Verbal Communication
• Emotions in the Negotiation Process

Vendor Selection and Review

• Searching for suppliers
• The Supplier Selection Process
• Retaining and Developing the Supplier Relationship
• Agreements and policies for protecting the company’s interests
• Vendor Risk Assessment

Ethics in Procurement

• What is Ethics?
• Ethics and Procurement
• Why Ethical
• Ethical Concepts and Principles in Procurement
• Unethical Practices Signs
• Unethical Practices Prevention Tools
• Ethical Procurement Requirements

Future Developments

• Procurement Future Trends
• Sustainable Procurement
• Procurement Automation
• Big Data and Procurement

Apply for certification

https://www.vskills.in/certification/management/vendor-management-certification