Vendor Management Advanced Study Course

Vendor Management defines attributes of maturity in how well an organization is communicating with, leveraging and negotiating with its vendors. Structural strategies for success include assigning vendor managers internally, following a documented communication protocol and building a library of interactions. Business strategies for lease-versus-buy, outsource-versus-retain and global consolidation are encompassed in these processes.

The Vendor Management Advanced Training Course is based on the information and practices contained in the IBPL Vendor Management Volume 9, which defines attributes of maturity in how well an organization communicates with, leverages and negotiates with their vendors.  Vendor Management concerns the policies and processes for interacting with the vendors that provide the organization its IT assets while ensuring maximum ROI and meeting the organizational objectives.

This Advanced Training Course will cover specifics such as: vendor consolidation, due diligence, vendor compliance and more. With directed focus, the course will teach that the overall objective of a successful Vendor Management Process is to implement a fair and consistent organization-wide strategy to develop and manage vendor relationships. Those relationships must adhere to the policy.

Purchase the Vendor Management Advanced Study Course

Price: $495.00

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The Certificate of Advanced Study is earned after completing two advanced study courses through the online platform. Courses contain a series of video lectures, access to full time instructors as needed, review of ITAM concepts, and a self-evaluation exercise that both brings the materials together and provides immediate business value for you and your organization.

Advanced study programs are offered online and offer learners:

  • The convenience of a flexible schedule
  • 24-hour, 7-day-a-week access to courses
  • Attendance from the privacy of your home, office, or anywhere with an internet connection

Learners work with books from the IAITAM Best Practice Library and online study guides to perform coursework that is submitted to instructors for evaluation and feedback.

View all Advanced Study Courses
  • Review of ITAM Program Concepts
  • Introduction to the ITAM Professional Code of Ethics
  • Overview of Scope, Roles, and Definitions for this Key Process Area (KPA)
  • Review of KPA Workflow
  • Access to Best Practice Templates & Worksheets
  • Development of Projects to Establish/Improve KPA
  • Review of Available Technology to Support KPA
  • Business Area Assessment Specific to Students Business
  • Development of Buy-in Pitch based upon the Business Assessment
Discussion and sample projects include:
  • Issue Report
  • Vendor Score Card
  • Vendor Performance Measure
  • Vendor Profile and Qualifications
  • Vendor Project Charter
  • Vendor Ranking
  • Vendor Projects
  • Vendor Crisis Management
  • Vendor Rules of Engagement
  • Consolidation Process
  • Gifts and Gratuities Guidelines
  • Strategic Vendor Criteria
  • Vendor Update Process
  • Technology that will enhance the Vendor Management Process Area
  • Executive Buy-in
This Advanced Study course consists of the following:
  • IAITAM Best Practice Library Volume 9, Vendor Management
  • Series of video lectures
  • Review of ITAM concepts
  • Self-evaluation exercise that incorporates best practices to uncover immediate business value for you and your organization

Courses extend learning opportunities through peer-to-peer interaction. Peer-to-peer learning is what happens in an learning environment where learners (most of them working professionals) interact regularly with one another to share insights and experiences. Each course has an online discussion component guided by course instructors where learners share insights and opinions relative to the course material. Learners have the opportunity to gain significantly from the vast experiences of the instructors and other professionals. Some form lasting friendships that benefit both parties professionally.

Once registered, you will receive an email with further instructions. Course access will be open for 30 calendar days following registration. 

*Specific content is subject to change, reflecting the dynamic evolution of industry activities. IAITAM is not responsible for costs associated with cancellations. All IAITAM courses and content are proprietary and confidential.

Purchase the Vendor Management Advanced Study Course