The Vendor Risk and Performance Evaluation Training Course by Oxford Training Centre equips professionals with the expertise to assess, monitor, and optimize supplier performance while mitigating risks across the supply chain. This program integrates risk management, supply chain analytics, efficiency, collaboration, resilience, compliance, and sustainability into a structured framework for vendor oversight. By achieving these objectives, organizations strengthen vendor relationships, minimize risks, and support long-term supply chain resilience.
Objectives
- Equip professionals with the skills to assess, monitor, and optimize supplier performance.
- Optimization – Methods to optimize vendor selection and performance using data-driven analytics.
- Efficiency – Strategies to streamline vendor evaluation processes and reduce inefficiencies.
- Collaboration – Foster stronger partnerships with suppliers to build trust and transparency.
- Resilience – Enable participants to anticipate risks, manage disruptions, and ensure continuity.
- Compliance – Ensure vendors meet regulatory, contractual, and ethical standards.
- Sustainability – Promote sustainable procurement practices by embedding ESG principles.
Target Audience
This training is designed for professionals in procurement, supply chain management, risk analysis, and sustainability initiatives, including:
- Procurement Managers and Specialists
- Supply Chain Managers
- Logistics and Distribution Managers
- Risk and Compliance Officers
- Finance Professionals
- Sustainability Managers
- Analytics Professionals
Course Modules
Oxford Training Centre delivers this program through structured modules blending theory, tools, and case studies:
- Introduction to Vendor Risk and Performance
- Vendor roles in resilient supply chains
- Key risks and importance of performance evaluation
- Vendor Selection and Optimization
- Criteria for vendor selection
- Analytics and scorecards for assessment
- Optimization strategies
- Efficiency in Vendor Management
- Streamlining onboarding and evaluations
- Digital dashboards and automation tools
- Standardizing KPIs
- Collaboration and Supplier Engagement
- Transparent relationships and accountability
- Collaborative planning and conflict management
- Risk Management and Resilience
- Identifying risks and applying frameworks
- Supplier diversification and contingency planning
- Compliance and Governance
- Vendor audits and certifications
- Regulatory requirements and governance frameworks
- Sustainability in Vendor Evaluation
- ESG standards in assessments
- Monitoring environmental and social responsibility
- Analytics for Vendor Performance
- Predictive analytics for risk identification
- Data-driven performance monitoring
- Case Studies and Practical Simulations
- Vendor disruptions and recovery strategies
- Simulation exercises in vendor scoring and risk management
The Vendor Risk and Performance Evaluation program by Oxford Training Centre offers a comprehensive framework to strengthen supply chains through optimization, efficiency, collaboration, resilience, compliance, and sustainability. Participants gain practical tools, insights, and simulations that prepare them to manage vendor relationships strategically and sustainably.