Managing Vendor Qualification Performance & Contract Compliance

Section One: 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

Section Two: 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

Section Three: Supplier Performance – What to Measure?

• Carrot or stick?
• Setting of objective that are 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

Section Four:  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 behaviour • Supplier recognition
• Punishing bad behaviour
• Corrective Action Procedures

Section Five: 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
• Final Discussion – Training Evaluation