Name: Professional Diploma in Vendor Management
SKU: 16046
Price: 11000.00 INR
Availability: InStock

Description

Course Name: Professional Diploma in Vendor Management

Global Occupational Skill Standard – GOSS ID: GOSS/PD-GEN-VM-390

Eligibility: 10+2 or equivalent

Language Type: English

Course Type: Self-Paced Online Learning

Objective: The Professional Diploma in Vendor Management is designed to equip learners with the knowledge and practical skills required to manage vendor relationships and procurement partnerships effectively. The program develops competencies in vendor selection, evaluation, negotiation, performance monitoring, contract management, risk assessment, and supplier relationship strategies. It focuses on improving vendor performance, ensuring quality standards, reducing costs, and building sustainable partnerships to support organizational success.

Duration: 6 Months / 370 Hours

Steps to become a GSDCI Certified Professional:

Step 1: Select your Course you want to pursue.

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

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

Step 4: Fill your details and click on pay course 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 the online assessment, the Digital(PDF) copy of your Diploma & Marksheet will be sent to your registered email ID within 7 days.

Course Modules:

Module 1: Fundamentals of Vendor Management: Introduction to Vendor Management, Importance and Objectives of Vendor Management, Role of Vendors in Business Operations, Vendor Management Principles, Vendor Management Process, Types of Vendors and Vendor Categories, Vendor Management Policies and Procedures, Roles and Responsibilities of Vendor Manager, Vendor Lifecycle Overview, Challenges in Vendor Management.

Module 2: Vendor Identification and Selection Management: Vendor Identification Techniques, Market Research for Vendor Selection, Vendor Prequalification Process, Vendor Registration and Documentation, Vendor Evaluation Criteria, Vendor Capability Assessment, Vendor Selection Methods, Vendor Onboarding Procedures, Vendor Database Management, Vendor Approval and Qualification Process.

Module 3: Vendor Relationship and Performance Management: Vendor Relationship Management (VRM), Vendor Communication Strategies, Building Effective Vendor Partnerships, Vendor Performance Evaluation, Service Level Agreement (SLA) Management, Vendor Performance Indicators (KPIs), Vendor Review and Monitoring Process, Vendor Feedback Management, Vendor Development Activities, Maintaining Long-Term Vendor Relationships.

Module 4: Vendor Contract and Compliance Management: Vendor Contract Management, Types of Vendor Contracts, Contract Terms and Conditions, Contract Negotiation Process, Contract Implementation and Monitoring, Vendor Compliance Requirements, Legal Aspects of Vendor Agreements, Contract Renewal and Closure, Vendor Dispute Management, Contract Documentation Control.

Module 5: Vendor Quality and Financial Management: Vendor Quality Assessment, Vendor Quality Assurance Systems, Vendor Audit Process, Vendor Cost Analysis, Pricing Evaluation Methods, Cost Control Strategies, Vendor Payment Management, Vendor Financial Evaluation, Quality Improvement Programs, Vendor Performance Improvement Plans.

Module 6: Advanced Vendor Governance and Strategic Management: Vendor Governance Framework, Vendor Portfolio Management, Strategic Vendor Segmentation, Critical Vendor Management, Vendor Consolidation Strategies, Vendor Development Programs, Global Vendor Coordination, Vendor Compliance Management, Vendor Risk Governance, Vendor Management Best Practices.

GSDCI Online Assessment Detail:

Duration- 120 minutes.
Number of Questions- 60.
Number of Questions from each module: 10.
Language: English.
Exam Type: Multiple Choice Questions.
Maximum Marks- 600, Passing Marks Above 40%.
There is no negative marking in any module.

How Students will be Graded:
S.No.	Marks	Grade
1	91-100	O (Outstanding)
2	81-90	A+ (Excellent)
3	71-80	A (Very Good)
4	61-70	B (Good)
5	51-60	C (Average)
6	41-50	P (Pass)
7	0-40	F (Fail)

Benefits of the Professional Diploma

1. Globally Recognized Professional Diploma – Earn a professionally designed diploma that enhances your profile and demonstrates industry-relevant knowledge. Widely valued by employers, organizations, and institutions across multiple sectors.

2. Quality Learning with ISO-Certified Standards – Our training programs are developed under ISO-certified quality management practices, ensuring a structured, consistent, and high-quality learning experience.

3. Enhanced Career Opportunities – Strengthen your resume, improve your professional skills, and increase your potential for employment, career advancement, and new job opportunities.

4. Issued by a Non-Profit Skill Development Organization – The diploma is awarded by a mission-driven organization dedicated to promoting skill development, vocational education, and lifelong learning.

5. Comprehensive Learning Resources – Access quality study materials, e-books, practice assessments, mock tests, and learner support to help you successfully complete the program.

6. Secure Online Verification – Every diploma and marksheet is issued with a unique Enrolment ID and QR Code, enabling employers, institutions, and other stakeholders to instantly verify the authenticity of your credential online.

7. Lifetime Validity – The Professional Diploma is issued with lifetime validity and does not require periodic renewal, allowing you to showcase your achievement throughout your career.

8. Flexible Self-Paced Learning – Learn anytime and anywhere at your own pace, making it easy to balance your studies with work, business, or personal commitments.

9. Industry-Relevant Curriculum – The curriculum is designed to focus on practical knowledge, current industry trends, and real-world applications to improve workplace readiness.

10. Skill-Based Professional Qualification – Demonstrates your commitment to continuous professional development and validates your practical knowledge and skills in the subject area.

Job Opportunities after Professional Diploma in Vendor Management

Graduates of this program gain knowledge in vendor selection, supplier relationship management, contract coordination, performance evaluation, negotiation, procurement support, and vendor risk management, preparing them for careers in procurement, supply chain, and business operations sectors.

Key Career Options: Vendor Management Executive, Supplier Relationship Executive, Vendor Coordinator, Procurement Executive, Sourcing Specialist, Supplier Analyst, Contract Administrator, Procurement Analyst, Supply Chain Executive, Vendor Management Consultant.

Salary Range (India):
Entry-level: ₹3–6 LPA
Mid-level: ₹6–12 LPA
Senior-level: ₹12–20+ LPA (higher with experience, industry expertise, and leadership skills)

Industries Hiring Graduates: IT & Technology, Manufacturing, Retail, E-commerce, Banking & Finance, Healthcare, Logistics, Construction, FMCG, Telecommunications, and Service Industries.

Skills Developed: Vendor selection, supplier relationship management, negotiation, contract management, vendor evaluation, procurement processes, risk assessment, performance monitoring, communication skills, and business operations management.

Graduates can progress to roles like Vendor Manager, Supplier Relationship Manager, Procurement Manager, Strategic Sourcing Manager, or Supply Chain Manager with experience and professional growth.

Course Rating

4.7/5

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Based on 51 student ratings

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