Description

Certification Name: Certified Vendor Management Specialist

Global Occupational Skill Standard – GOSS ID: GOSS/BS/CVMS/V1

Eligibility: Graduation or Equivalent or minimum 2 years of relevant experience (experience-based learners can directly enroll and certify).

Objective: The course is designed to equip professionals with the knowledge and skills needed to manage vendor relationships and procurement processes effectively. It focuses on developing expertise in vendor selection, evaluation, negotiation, contract management, performance monitoring, and risk mitigation. Participants learn to optimize supplier performance, ensure compliance with organizational policies and regulatory requirements, and foster collaborative partnerships that drive business value.

Certification: Within 5 days after Completion of Online Assessment.

Get ready to join the Journey to become a GSDCI Certified Professional  – International Certification and Assessment Body.

Steps to become a GSDCI Certified Professional:

Step 1: Select your certification you want to pursue.

Step 2: Click on get certified tab, new pop up window will open.

Step 3: Click on pay certification fee, you will be redirected to billing details page.

Step 4: Fill your details and click on pay certification fee, you will be redirected to payment gateway, pay fee by any available options like Card (Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.

Step 5: You will get Login Credentials of Online E-Books and Online assessment link on your email id, within 48 hrs of payment.

Step 6: After completion of online assessment, you can download your Certificate Immediately.

Assessment Modules:

Module 1: Introduction to Vendor Management: Overview of vendor management, Roles and responsibilities of a vendor manager, Vendor lifecycle management, Importance of supplier relationships, Key terminology and concepts, Vendor management frameworks,

Module 2: Vendor Selection and Onboarding: Vendor evaluation and selection criteria, Request for Proposal (RFP) and Request for Quotation (RFQ) process, Vendor due diligence, Contract negotiation basics, Onboarding process and documentation, Risk assessment during onboarding,

Module 3: Vendor Relationship Management: Building strategic partnerships, Communication and collaboration with vendors, Performance review and feedback, Conflict resolution and issue management, Relationship metrics and KPIs, Continuous improvement and engagement,

Module 4: Contract Management and Compliance: Contract drafting and management, Understanding SLAs (Service Level Agreements), Regulatory and legal compliance, Monitoring contract performance, Renewals and renegotiations, Dispute resolution and escalation procedures,

Module 5: Performance Monitoring and Risk Management: Vendor performance measurement, Key performance indicators (KPIs) and scorecards, Risk identification and mitigation, Auditing and compliance checks, Data analysis for vendor performance, Reporting and decision-making tools,

Module 6: Technology and Strategic Vendor Management: Vendor management software and tools, Automation and digital solutions in vendor management, Strategic sourcing and cost optimization, Supplier segmentation and categorization, Forecasting and demand planning, Best practices and case studies in vendor management.

GSDCI Online Assessment Detail:

• Duration- 60 minutes.
• Number of Questions- 30.
• Number of Questions from each module: 5.
• Language: English.
• Exam Type: Multiple Choice Questions.
• Maximum Marks- 100, Passing Marks- 50%.
• There is no negative marking in any module.

Benefits of Certification:

🌍 1. Global Recognition & Credibility – Stand out worldwide with a certification that opens doors across borders. Trusted by employers, respected by institutions, and recognized in over 100 countries.

📜 2. Quality Assurance through ISO Certification – Certified to global ISO standards, our programs deliver excellence, consistency, and a benchmarked learning experience that speaks for itself.

💼 3. Career Advancement & Employability – Enhances your resume and increases chances of promotions or job offers.

🤝 4. Non-Profit Trust Factor – Certifications from non-profit organizations are mission-driven rather than profit-driven.

📚 5. Access to Verified Learning & Resources – Often includes e-books, mock tests, and online support without hidden costs.

🔍 6. Transparency & Online Verification – Certifications come with a unique Enrolment ID for easy online verification by employers and institutions.

⏳ 7. Lifetime or Long-Term Validity – Certifications usually have lifetime validity or long-term recognition, reducing the need for frequent renewals.