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Effective Vendor Management

Vendor management is the key area where lots of focus is being laid today. Companies have realized that the strength of the organization depends on not only the strength of its internal resources, but also on the vendor base it has. Senior business executives have indeed described it as the key area for achieving competitive advantage over rival organizations. As supply chains compete with one another to achieve competitive advantage, procurement cost reduction plays a key role in improving the bottom line of the company.

Objective

To enable practising managers understand the growing strategic role of sourcing and procurement in building supply chain and organisational competitiveness. The programme also aims to introduce various analytical tools and techniques to enable managers’design and implement effective sourcing strategies.

The program will benefit participants by providing an analytical view into the role of strategic sourcing and vendor management.

Outline

At the end of the course the participants will be able to:

• Vendor Appraisal and Assessment
• Vendor Rationalization
• Single v/s Multiple Vendors
• Local, Regional, International Vendor
• Standardized costing practices
• Vendor Development - Value driver
• Vendor Performance metrics
• Defect Management / Quality Initiatives
• Vendor meet
• Vendor reward scheme
• Vendor satisfaction survey

Who should attend

Operational level and Middle level personnel from Manufacturing companies, Buyers, Procurement team members from corporate companies, Executives from supply chain, Imports, procurement, sourcing, purchase, and materials functions.

Testimonials

Given different sceneries & examples of individual outcomes. Able to relate examples to reality of work. The workshop is concise, trainer is very experienced in this topic
Agency for Integrated Care Pte Ltd

Supplier appraisal process is comprehensive, trainer is knowledgeable in this subject and clear delivery of the content
Agency for Integrated Care Pte Ltd

The trainer is very knowledgeable of the subject
Panasonic Asia Pacific Pte Ltd

Very fruitful, many good insight shared during this workshop.
Yokogawa Engineering Asia Pte Ltd

Trainer is very good and knowledgeable.
Singapore Technologies Aerospace Ltd

Increase knowledge of procurement & understand the important of procurement. Training material is just nice.
Shimano (S) Pte Ltd

It has met my objective. Mr Pavan is very knowledgeable in discussing the required topics relating to this course. Mr Pavan is willing to share materials other than what is stated in the workbook.
Singapore Police Force

Profile of Pavan Sharma

Pavan Sharma is an expert in procurement, supply chain management, industrial engineering and process improvement in manufacturing and services. He has over 25 years experience as a top executive working in production, quality, logistics and procurement functions in automotive, consulting and logistics companies.

In the last 5 years, Pavan has trained over 3000 people from more than 100 different private and public sector companies in the region. Some of the clients include public agencies and Ministries in Singapore; the Ministry of Finance, the Ministry of Defence in Singapore and Brunei, DSTA, Shell, CNOOC, SembCorp Logistics, Nestle, SUTD, A Star and dozens of others. He is a Chartered Member of the Chartered Institute of Logistics and Transport and Member of the Chartered Institute of Procurement and Supply.

Pavan holds a Masters Degree in Business Administration, a Bachelor of Engineering in Industrial Engineering and Post Graduate Diploma in Industrial Engineering. He has also completed the CIPS UK Level 6 Professional Diploma in Procurement and Supply. He is a Member of the Beta Gamma Sigma, an International Honors society that recognizes outstanding scholastic achievement. Pavan is also a qualified project manager and holds the PMP certification of the Project Management Institute.