Strategic Vendor Management and Tendering

Strategic Vendor Management and Tendering

Course schedule

Classroom Training:
DateVenueDurationPrice
1 - 5 Jun 2026London5 days£4,495
10 - 14 Aug 2026London5 days£4,495
26 - 30 Oct 2026London5 days£4,495
7 - 11 Dec 2026London5 days£4,495

Please note: prices shown above are exclusive of VAT (20%).

If you don’t see your preferred course date, please contact us.

Course Overview

This course develops the strategic and operational skills required for effective vendor management. Delegates explore tender design, bid evaluation, and relationship development. Participants learn to manage vendor performance using measurable KPIs. The programme enables leaders to create partnerships that improve quality, innovation, and long-term value.

Who Should Attend

Procurement and contract specialists seeking to enhance sourcing efficiency, compliance, and value for money. Past delegates have included:

  • Procurement Managers
  • Contract Administrators
  • Commercial Advisors
  • Vendor Relationship Managers
  • Supply Officers

 

Course Outcomes

  • Segment the supply base and tailor engagement strategies.
  • Run tenders that balance competition with collaboration.
  • Set KPIs, QBRs and improvement plans that drive outcomes.
  • Mitigate dependency through options and exit readiness.
  • Develop supplier relationships that deliver long-term value.

Course Topics

Prequalification and Market Engagement

  • Develop transparent prequalification processes for vendors.
  • Engage early with the market to build supplier capacity.
  • Assess supplier competence and financial stability.
  • Use data-driven insights to refine vendor qualification criteria.

Tendering and Competitive Procurement

  • Design competitive tendering strategies that encourage fair participation.
  • Draft clear and compliant tender documentation.
  • Manage bidder queries and clarifications effectively.
  • Evaluate tenders using structured scoring and weighting models.

Effective Contract Negotiation and Communication

  • Apply negotiation frameworks to achieve mutually beneficial outcomes.
  • Enhance stakeholder communication during procurement processes.
  • Build trust and collaboration with suppliers and partners.
  • Manage conflicts constructively to sustain long-term relationships.

Legal and Regulatory Frameworks in Procurement

  • Interpret procurement laws and compliance obligations accurately.
  • Apply contract law principles in drafting and execution.
  • Align procurement practices with national and international regulations.
  • Manage legal risks through structured governance mechanisms.

Supplier Relationship and Performance Management

  • Establish frameworks for evaluating supplier performance objectively.
  • Use KPIs and SLAs to measure contract delivery effectiveness.
  • Build long-term supplier partnerships for continuous improvement.
  • Address underperformance through structured feedback and remediation.

 

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