course | Strategic Vendor Management for Engineering and Operations Managers
We turn your development needs and aspirations into powerful digital solutions that drive growth
PSCO-552 | Strategic Vendor Management for Engineering and Operations Managers
Course Sector : Procurement & Supply Chain Operations
| Duration | Date from | Date to | Course Venue | Course fees | Book a course |
|---|---|---|---|---|---|
| 5 Days | 2025-04-28 | 2025-05-02 | Dubai | $4,250 | Book now |
| 5 Days | 2025-07-28 | 2025-08-01 | Abu Dhabi | $4,250 | Book now |
| 5 Days | 2025-10-27 | 2025-10-31 | Riyadh | $4,250 | Book now |
| 5 Days | 2025-11-30 | 2025-12-04 | Online | $2,150 | Book now |
Course Introduction
This course focuses on strategic approaches to vendor management, emphasizing alignment with organizational goals and long-term value creation. Managers will learn to develop strategic vendor partnerships that enhance operational efficiency and drive innovation.
Course objective
- Develop a strategic approach to vendor management.
- Align vendor relationships with organizational objectives.
- Foster innovation through strategic vendor partnerships.
- Implement best practices for long-term vendor success.
Course Outline | Day 01
Understanding Strategic Vendor Management
- Definition and significance of strategic vendor management
- The relationship between vendor management and business strategy
- Key principles of strategic vendor partnerships
Aligning Vendor Strategy with Business Goals
- Identifying organizational objectives and priorities
- Evaluating how vendor partnerships can support business goals
- Communicating strategic alignment to stakeholders
Course Outline | Day 02
Vendor Segmentation and Categorization
- Classifying vendors based on strategic importance
- Developing tailored management approaches for different vendor categories
- Tools for effective vendor segmentation
Innovation through Vendor Partnerships
- Encouraging collaborative innovation with vendors
- Identifying opportunities for joint development projects
- Best practices for fostering a culture of innovation
Course Outline | Day 03
Strategic Negotiation Techniques
- Advanced negotiation strategies for strategic partnerships
- Building value in negotiations: Win-win approaches
- Managing complex negotiations with multiple stakeholders
Performance Measurement and Management
- Developing strategic KPIs for vendor performance
- Analyzing vendor performance against strategic goals
- Continuous monitoring and adjustment of vendor strategies
Course Outline | Day 04
Risk Assessment and Management
- Conducting strategic risk assessments for vendor relationships
- Developing comprehensive risk management plans
- Monitoring and responding to emerging risks
Technology and Vendor Management
- Role of technology in enhancing strategic vendor management
- Overview of tools for collaboration and communication
- Data-driven decision-making in vendor management
Course Outline | Day 05
Building a Collaborative Vendor Ecosystem
- Strategies for creating a collaborative vendor network
- Best practices for knowledge sharing and joint problem-solving
- Leveraging vendor capabilities for competitive advantage
Future Directions in Vendor Management
- Trends shaping the future of vendor management
- The impact of technology and globalization on vendor relationships
- Preparing for evolving vendor management challenges
BOOST’s Professional Attendance Certificate “BPAC”
BPAC is always given to the delegates after completing the training course,and depends on their attendance of the program at a rate of no less than 80%,besides their active participation and engagement during the program sessions.
Upcoming Courses In This Sector
Since 2001, we have been pioneering the training field in the Middle East, helping individuals, teams, and organizations reach their full potential with integrated solutions.
🔗 Quick Links
Sister Companies to Boost Consulting and Training
most trending
And Recommended Training Courses
We believe in progress for everyone.
We helped more than 10,000 clients over 20 countries on 4 continents in boosting their knowledge, skills, and careers.
Boost Training And Consulting All Copyrights Reserved 2025