Learn how to properly asses vendors and ensure compliance with both the vendor and your company.
Everyone in procurement, or who is engaged with the selection of vendors, needs to know how to mitigate risk when dealing with vendors. This topic on vendor assessment will guide participants through the process of setting up a vendor responsibility review program. You will be given tools you can use to review vendors on various key risk factors. Besides drafting a vendor questionnaire, you will learn ways to evaluate and confirm the vendor information provided using a vendor assessment verification form. This information will provide guidance in establishing vendors that are responsible and responsive to the needs of the company or organization.
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Why Lorman?
Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
How to Document an Assessment Review
Customization for Vendor Types
Verification Check List
Verification Resources
Determining If a Vendor Is Responsible
Negative Findings During the Review
Penalties for Vendors That Fail
Communicating the Process
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Credit
More Program Information
Why Lorman?
Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on March 2, 2020.
Call 1-866-352-9540 for further credit information.
- ASAP PACE 0.1
- This course is pre-approved through the American Society of Administrative Professionals (ASAP) for 0.1 CEU(s) towards your PACE Recertification.
- IAAP 1.0
- All education that aligns with the CAP Body of Knowledge can be used toward recertification. Lorman Education Services believes this course does align and should be counted toward recertification. Please visit IAAP's certification webpage to review recertification details and requirements. https://www.iaap-hq.org/page/CAP_Recertification. Course Length: 1.0.
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Credit
More Program Information
Why Lorman?
Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Kenneth M. Jones
- Past purchasing officer, worked part-time for the SUNY Center for International Development with their program in Kenya, Africa
- Has trained many university staff on procurement rules and regulations
- Established online ordering processes with vendors ranging from office supplies to lab chemicals and continues to provide training in his current position to procurement staff in Nairobi, Kenya
- More than 30 years of experience working in the public and nonprofit procurement field
- Previous purchasing experience included procuring commodities, services, and construction for the departments on campus
- Conducts regular seminars, webinars, and workshops on various procurement topics
- Past purchasing assistant for the New York State Office of Taxation and Finance
- Can be contacted at 518-875-6854 or [email protected]
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More Program Information
Why Lorman?
Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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