Strategic Management Process
What is Strategy
Strategic Sourcing
Strategy Development
Organizational Strategy
Kraljic Portfolio Purchasing Model
Procurement Portfolio Management
Strategic Role of Purchasing
Strategic Management Tools
Online
₹ 3,499
Quick facts
particular | details | |
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Medium of instructions
English
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Mode of learning
Self study
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Mode of Delivery
Video and Text Based
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Course overview
The Vendor Management Professional programme by Vskills will test your understanding of the core vendor management concepts and principles. The comprehensive coursework will equip you with strategic management tools, vendor evaluation and negotiation, sourcing strategies, purchasing methods, and contract management.
Moreover, with the Vendor Management Professional certification course, candidates will become adept in a variety of skills – from assigning jobs to evaluating performances, managing relationships, and more. This will allow you to land more lucrative work opportunities and widen career prospects.
Once you cover the Vendor Management Professional curriculum, you need to appear for the certification exam. Vskills provides a host of practice tests and materials to help you prepare for the same. However, you must take the certification test within 12 months from the registration.
Professionals and graduates wishing to upskill can join the Vendor Management Professional certification course. The online course will also benefit job seekers looking to advance skill sets to strengthen their CVs.
The highlights
Certification course
Practice papers
Tutorials
Employment assistance
Online certification exam
Internship programme
Lifelong e-Learning access
CV assistance
Program offerings
- Free mock test
- Lms access
- Certified by vskills
- Study materials
- Certificate
- Resume assistance
- Internship
Course and certificate fees
Fees information
- Vskills accepts fee payment through a variety of payment modes. You can purchase the Vendor Management Professional programme via Visa/Amex/Master cards from any Indian bank. You can also pay using UPI, Google Pay, Paytm, Amazon Pay, Credit Card EMI, and Net Banking.
Certified Vendor Management Professional fee structure
Course | Fee |
Certified Vendor Management Professional | Rs. 3,499 |
certificate availability
certificate providing authority
Eligibility criteria
Candidates have to appear for an online certification exam to receive the Vskills Vendor Management Professional certificate. They must score a minimum of 50% marks to pass the exam.
What you will learn
The Vskills Vendor Management Professional training will help you upskill in the various roles and responsibilities of Vendor Management Professionals, such as:
Procurement Ethics
Vendor Selection and Risk Assessment
Vendor Negotiation
Contract Management
Vendor Evaluation
Purchase Management
Sourcing Strategy
Strategic Management
Who it is for
The online Vendor Management Professional training programme by Vskills will benefit the following individuals:
Professionals looking to upgrade skills
Students who want to upskill and strengthen their resume
Job seekers searching for employment in vendor, purchase, or procurement departments
Admission details
Step 1. Visit https://www.vskills.in/certification/management/vendor-management-certification to access the Certified Vendor Management Professional course.
Step 2. Once you are on the course page, select the “Buy Now” present at the top, to land on the 'Checkout' page.
Step 3. Next, you need to register with Vskills to apply for the course, once you become familiar with the terms and conditions.
Step 4. Finally, choose a suitable payment method, and select “Continue” to make the fee payment.
Step 5. Then, choose “Confirm Order” to approve your order after reviewing it.
Filling the form
Candidates do not have to fill any application form for the Certified Vendor Management Professional training programme. They only need to register with Vskills to purchase the course. In the 'Account Details' section, they must provide necessary details like name, email ID, mobile number, and country of residence.
The syllabus
Strategic Management
Sourcing Strategy
Sourcing Advisory
Sourcing Strategy Basics and Types
Outsourcing
Offshore Outsourcing
Global Sourcing
Low-cost Country Sourcing
Purchase Management
Purchase Organization Structure
Methods of Purchasing
Functions and responsibilities of the Purchase Department
Objectives of Purchasing
Green Purchasing
Sustainable Purchasing
Agile Purchasing
JIT Purchasing
Vendor Evaluation
Analytical Tools
Purchase Review
Guidelines for Purchases through Tender and Negotiations
Total Evaluation
Social Audit
Parameters for evaluation of Vendors Performance
System of Vendor evaluation
Supplier Strategy
Contract Management
Automating Contract Management
Contract Lifecycle Management
Contract Management
Indian Contract Act
Contract Elements
Contract Definition
Alternative Dispute Resolution Technique
Commercial Disputes
Purchase & Tender procedure
Procurement and Contract Management
Contract Compliance
Change Management
Vendor Negotiation
Approaches for Negotiation
Definition of Negotiation
Best Alternative to a Negotiated Agreement (BATNA)
Strategies for Negotiation
Negotiation Styles
The Seven Basic Steps in Negotiation
Preparing for the Negotiation Process
Emotions in the Negotiation Process
Non-Verbal Communication
Tactics for the Negotiation Process
Types of Negotiators
Vendor Selection and Review
Vendor Risk Assessment
Agreements and policies for protecting the company’s interests
Retaining and Developing the Supplier Relationship
The Supplier Selection Process
Searching for suppliers
Ethics in Procurement
Ethical Concepts and Principles in Procurement
What is Ethics?
Ethical Procurement Requirements
Why Ethical
Ethics and Procurement
Unethical Practices Prevention Tools
Unethical Practices Signs
Future Developments
Big Data and Procurement
Procurement Automation
Sustainable Procurement
Procurement Future Trends
Evaluation process
The certification exam for the Vendor Management Professional course will be an hour-long, with a total of 50 Multiple-choice questions. Candidates will earn one mark for every correct answer, while there is no negative marking. Moreover, a candidate must score a minimum of 50% marks or above to clear the exam and earn the certificate.
How it helps
By completing the Vendor Management Professional training programme, you will be equipped with the essential skills and practices involved in the various vendor activities. As a certified professional, with Vskills certification on premium job portals such as Shine and MonsterIndia, you will be able to widen your network and improve employability.
Besides, the Vskills Vendor Management Professional course has a self-paced learning module, so that you can cover the topics at your pace.
FAQs
This course will cover primary skills such as purchase management, strategic management, vendor evaluation, procure management, contract management, among others.
To receive the Vendor Management Professional certificate, you must appear for the certification exam online and score at least 25 marks to clear it.
The Vendor Management Professional certification exam is a 60-minute online exam. Candidates need to answer a total of 50 MCQ-based questions of one mark each. No incorrect answer is negatively marked, while the passing score for the exam is 50%.
Candidates can appear for the exam anytime within 12 months from the registration date. Vskills usually organises the certification exam every month so candidates can take it as per convenience.
The Vskills customer support is available over call or email. Email at info@vskills.in, or call on 011-473 44 723.