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Vendor Management Training: Definition, Benefits and Hiring Tips

May 18, 17 Vendor Management Training: Definition, Benefits and Hiring Tips

Vendor management is an integral part of your business. Vender violations could doom your supply chain operations, hurt your bottom line and even kill your long-term ROI. By choosing the right vendor management certification program, you can achieve vendor management success with greater ease.

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    Changes in Tutoring over the Years

    Apr 28, 17 Changes in Tutoring over the Years

    Teaching is a science and an art. It requires the teacher to be able to hold the student’s attention while at the same time covering all of the material they are required to go over. This means teaching methods are constantly evolving. Tutoring is not different, the methods used are constantly evolving and the tutoring available today is not the same thing you may have received as a child. Here are a few ways tutoring is different today than in the past.

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      Vendor Due Diligence Reviews Training-Some Basics

      Mar 02, 17 Vendor Due Diligence Reviews Training-Some Basics

      It is your organizations responsibility to perform vendor due diligence reviews. In some industries (banking and others) it is vital that vendor due diligence reviews are carried out or there could be fines and other sanctions imposed by regulatory bodies. Of course, regulatory bodies are not the only concern, a vendor’s failings can easily soil the reputation of your company and result in a lost client base.

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        Don’t Overlook the Opportunity that a Good Career Training Institute Offers

        Jan 30, 17 Don’t Overlook the Opportunity that a Good Career Training Institute Offers

        When you are looking toward the future do you see a road filled with opportunity? A good career training institute can help to change your vision of your future. Dead end jobs are never going to give you the life that you hope for. Living paycheck to paycheck can be stressful. Working in a job where you are not appreciated should not be your destination. You can have an exciting job in a respected career field and can afford the future you want. It may be time to get on a different path and take advantage of a new opportunity. If you cannot see yourself being successful at what you are doing now, it is time to make that change.

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          Crucial Tips for Third Party Management

          Jul 15, 16 Crucial Tips for Third Party Management

          In business, one has to take calculated risks to its full potential. However, some of the risks taken have the potential of spelling doom for the business if you do not have a way of mitigating the outcomes. A third party risk management course can equip with you with the skills and knowledge about risk management.

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            Benefits Of Vendor Relationship Management (VRM) Training

            Jul 12, 16 Benefits Of Vendor Relationship Management (VRM) Training

            It is important to understand that manufacturers deal with a variety of supplier and vendors. Supply chains have become more complicated in the past few years and continue to grow and expand. Because more companies realize the need to cut consumer prices, they must come up with new ways to deal with vendors. To be more profitable and efficient, these companies use vendor relationship management as a way to control and approach the sourcing of materials and goods they require and training can make it much easier to know what to do and when. The benefits of such education can be plentiful and include more efficiency, reduced costs and more.

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              Critical Vendor or Critical FUNCTION?

              Apr 28, 16 Critical Vendor or Critical FUNCTION?

              You have HOW MANY critical vendors?!?!?!?!? While building a vendor management program for a new client a couple of weeks ago, we worked with the various business units to identify the vendors that they do business with, reconcile against the AP system, categorize them, risk rate them, include/exclude from the vendor inventory based on inherent risk and define which ones were critical. Classic approach taken by Certified Regulatory Vendor Program Managers (CRVPM). I always find the perception of CRITICAL to be very interesting. We reviewed departmental Business Impact Analyses (BIA’s) to understand which functions were critical and then looked at which vendors the departments depended on and considered critical. Interestingly, Citrix and Cisco were noted as critical vendors. The institution’s IT department supported Citrix themselves.

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