Description

Certification Name: Certified Vendor Relations Manager

Global Occupational Skill Standard – GOSS ID: GOSS/AT/CVRM/V1

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

Objective: The objective of the Certified Vendor Relations Manager course is to develop skilled professionals capable of effectively managing and optimizing relationships with vendors and suppliers across various industries. The course covers strategic communication, negotiation skills, contract management, performance evaluation, conflict resolution, and collaborative partnership building. Participants will learn how to create vendor selection criteria, establish service level agreements (SLAs), and implement continuous improvement strategies to ensure quality, reliability, and cost-effectiveness. 

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 Relations and Its Importance in Business, Key Responsibilities of a Vendor Relations Manager, Understanding Vendor Selection and Evaluation Criteria, Types of Vendor Relationships (Strategic, Transactional, Partnership), Key Performance Indicators (KPIs) for Vendor Management, The Role of Vendor Management in Supply Chain Optimization.

Module 2: Vendor Sourcing and Selection: The Vendor Selection Process: Identifying and Evaluating Potential Vendors, Criteria for Selecting Vendors (Price, Quality, Reliability, Capacity), Building a Vendor Database and Network, How to Conduct Vendor Audits and Assessments, Vendor Contract Negotiation and Terms, Managing Risks in Vendor Selection and Diversification.

Module 3: Building and Managing Vendor Relationships: Best Practices for Effective Communication with Vendors, Building Long-Term Vendor Partnerships and Trust, Conflict Resolution Strategies with Vendors, Developing Mutual Goals and Objectives for Vendors, Managing Expectations and Deliverables, Negotiation Techniques to Secure Win-Win Outcomes.

Module 4: Performance Monitoring and Compliance: Setting Vendor Performance Metrics and KPIs, Conducting Vendor Performance Reviews and Evaluations, Managing Compliance with Contract Terms, Ensuring Quality Control and Continuous Improvement, Reporting and Analyzing Vendor Performance Data, Using Technology (ERP, PLM, SRM) for Performance Monitoring.

Module 5: Risk Management and Vendor Strategy: Identifying Potential Risks in Vendor Relationships, Developing Risk Mitigation Strategies for Vendor Issues, Handling Disruptions in the Supply Chain (Delays, Shortages, Quality Issues), Legal and Regulatory Compliance in Vendor Management, Vendor Diversification and Contingency Planning, Developing a Vendor Risk Management Framework.

Module 6: Vendor Relationship Optimization and Future Trends: Leveraging Technology and Automation for Vendor Relationship Management, Optimizing Cost and Value Through Vendor Collaboration, Strategies for Vendor Innovation and Sustainability, Managing Global and Local Vendor Relationships, Trends in Vendor Management: Digitalization, Blockchain, and AI, Preparing for Future Challenges in Vendor Relations and Supply Chain 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.