An Intensive 5-day Training Course
Managing Vendor Qualification,
Performance & Contract Compliance
Vendors Management from Selection to Contracting
Scheduled Dates
Classroom
| 03 - 07 Feb 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 21 - 25 Apr 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 18 - 22 Aug 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 08 - 12 Sep 2025 | Lisbon - Portugal | $5,950 | RESERVE A SEAT |
| 10 - 14 Nov 2025 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 02 - 06 Feb 2026 | Dubai - UAE | $5,950 | RESERVE A SEAT |
Online
| 21 - 25 Apr 2025 | Online | $3,950 | RESERVE A SEAT |
| 10 - 14 Nov 2025 | Online | $3,950 | RESERVE A SEAT |
| 22 - 26 Dec 2025 | Online | $3,950 | RESERVE A SEAT |
Would an alternative date be more suitable?
We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.
Why Choose this Training Course?
Suppliers and vendors play a key role in the company's success. Having a formalized system in place to track and evaluate supplier and vendor performance is essential to the smooth operation and profitability of the company.
Successful companies embrace their suppliers and vendors, viewing them as partners in helping to grow the business; therefore we have to ensure we use the right processes and criteria to select our suppliers.
This Managing Vendor Qualification, Performance & Contract Compliance training course will use the system approach to demonstrate the optimal method in vendor qualification, enhance performance and ensure contract compliance.
This training course provides both strategic and tactical insights into:
- How wide an adequate number of suppliers to maintain
- Selecting only the best suppliers to participate
- How to measure their performance objectively
- To ensure that they perform according to expectations
What are the Goals?
Participants attending this Managing Vendor Qualification, Performance & Contract Compliance training course will:
- Understand to avoid combative relationship with their suppliers and vendors
- Establish the goal in understanding what value-add is a given by the vendor
- Establish the vital steps in a proper supplier evaluation
- Matching customer requirement with the correct supplier segmentation
- Develop meaningful performance measures
- Learn how to use those performance results for continuous improvement
Who is this Training Course for?
- Contracts, Procurement and Project Personnel
- Engineering, Operational, Quality and Maintenance Personnel
- And all others who are involved in interfacing with contractors or suppliers in the acquisition of materials, equipment, parts and services or anyone who wants to improve supplier performance and gain successful outcomes from contracting situations
How will this Training Course be Presented?
Gagne's nine steps in retention to transfer of knowledge to work practice is adopted through adult learning facilitation. Facilitation by an experienced practitioner and consultant, where individual and team exercises, and group discussions covering the many topics presented in the Managing Vendor Qualification, Performance & Contract Compliance training course.
Organisational Impact
Your organisation will benefit by:
- Ensuring suppliers performance
- Higher customer satisfaction
- Evaluate and identify to remove hidden cost drivers
- Inventory optimisation with supplier involvement
- Reduced total cost
Personal Impact
Delegates attending this Managing Vendor Qualification, Performance & Contract Compliance training course will gain the following benefits:
- Gain competency in the work task
- Understanding of the importance of supplier / vendor relationship
- Supplier / Vendor segmentation to better manage
- Productive evaluation
Daily Agenda
Day 1 : Vendor Qualification: Compiling An Approved Supplier List
- Distinguish between Supplier and Vendor
- Determining the Goals and Objectives of Procurement
- End-user Involvement in Earlier Supplier Management
- Compiling Supplier Selection Criteria
- Developing an Approved Supplier List
- Supplier Segmentation
Day 2 : Supplier Evaluation and Assessment
- Vendor / Supplier Pre-qualification Questionnaire
- Supplier Evaluation
- Quality Management Systems
- Performing a Supplier Assessment
- Certification of Suppliers
- ISO Certification
- Setting Acceptance Criteria
Day 3 : Supplier Performance - What to Measure?
- Setting of Objective that are aligned with the Goals of the Company
- Characteristics of a Good Performance Measurement System
- Developing a Supplier Performance System
- Supplier Performance Management and Metrics
- Implementing the System
Day 4 : 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
- Corrective Action Procedures
Day 5 : 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
Certificate
- On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
In Association With
Frequently Asked Questions
Why PetroKnowledge?
PetroKnowledge is a globally recognized provider of training courses for oil and gas professionals, offering a wide range of specialized training courses designed to enhance knowledge, skills, and expertise in the energy sector. With courses tailored to meet the evolving demands of the oil and gas industry, PetroKnowledge helps professionals stay up-to-date with industry standards, technological advancements, and best practices.
Who are these training courses designed for?
Our courses are specifically developed for professionals in the oil and gas industry, including engineers, technical staff, managers, and other specialists looking to advance their careers. Whether you’re a seasoned expert or new to the sector, our training for oil and gas professionals is suited to individuals at all stages of their professional journey.
Are the courses delivered online or in person?
PetroKnowledge offers flexible learning solutions with both online courses and in-person training options. Online courses for oil and gas professionals provide the flexibility to learn from anywhere, while in-person courses offer a hands-on, interactive learning environment. Each training course page provides detailed information on the delivery format, allowing you to choose the option that best meets your learning style and schedule
Can I get a customized training course for my team?
Yes, PetroKnowledge offers customized in-house training solutions for organizations looking to upskill their teams. We work closely with companies to design bespoke training courses for oil and gas professionals that address specific challenges and objectives. Whether you need on-site training or online solutions, we can tailor the training courses to suit your organization’s needs.
Are there any prerequisites for attending a course?
Certain advanced training courses for oil and gas professionals may require prior experience or technical knowledge. These prerequisites ensure that participants can fully benefit from the course content. We recommend reviewing the course description on the relevant page to determine if any prerequisites apply to your selected course.
How can I enroll in a course?
Enrolling in one of our training courses for oil and gas professionals is simple and convenient. Navigate to the specific course page, click “Enroll Now,” and complete the registration form. You will receive a confirmation email with further details on how to proceed.
You may also get in touch with our Registration Team on
+971 50 981 7386 | +971 2 557 7389 or send an email to [email protected]
When should I expect to receive confirmation of registration?
Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.
Will I receive a certificate after completing the course?
Yes, upon successful completion of our courses for professionals in the oil and gas industry, you will receive an industry-recognized certificate from PetroKnowledge. This certification is designed to validate your skills and knowledge and can significantly enhance your professional credentials, boosting your career prospects in the competitive oil and gas sector.
When and how do I arrange payments?
We offer two convenient payment options:
- Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
- Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.
What is the refund or cancellation policy?
Our refund and cancellation policy varies depending on the course and circumstances. Generally, cancellations made at least 21 days before the training are eligible for a refund, less any administrative fees. If you have any specific inquiries about the cancellation or refund, don’t hesitate to contact our support team, who can assist with your booking and cancellation queries.
Is there a discount for more than one registrant/course?
For corporate fees and group registration, please send your query to [email protected].
