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About Vendor Risk management Certification Online PAID Program

  • This paid program equips professionals with practical tools and structured frameworks to identify, assess, and mitigate vendor-related risks across the entire vendor lifecycle — from selection and contracting to execution and closure. It covers proven techniques such as vendor evaluation criteria, risk scoring models, Fishbone Diagram, Brainstorming, and FMEA to systematically analyze supplier risks and improve decision-making.

  • Participants will gain hands-on experience through real-world case studies and practical exercises, enabling them to enhance vendor reliability, reduce supply chain disruptions, strengthen compliance and governance, and build long-term, high-performing supplier partnerships for sustainable business success.

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VRM

Program Details

Date

12th June, 2026 (Friday)

Time

10 AM to 5 PM IST Time (6 hours + 1 hour Break)

Mode

Online : Zoom Meeting Offline : CBE Learning Conference room, Vadodara, Gujarat, India

status 1

On-Site Training Available

Yes the same training course can be planned at your organization for your team .

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FAQs

Program Details

Organizations today heavily depend on vendors for materials, services, and technology. However, vendor failures can lead to delays, cost overruns, compliance issues, and operational disruptions.

This program provides a structured and practical approach to:

  • Identify vendor-related risks
  • Evaluate vendor reliability
  • Implement mitigation strategies
  • Strengthen supplier partnerships

Learn how to manage risks across the complete vendor lifecycle — from selection to closure.

This Program is Ideal For

  • Supply Chain Professionals
  • Procurement & Sourcing Teams
  • Operations & Manufacturing Leaders
  • Project Managers
  • Quality & Compliance Professionals
  • Business Leaders & Decision Makers
  • Reduce Supply Chain Disruptions
    Identify risks early and ensure uninterrupted operations
  • Improve Vendor Reliability
    Partner with dependable suppliers for consistent delivery & quality
  • Strengthen Compliance & Governance
    Ensure adherence to contracts, regulations & ethical standards
  • Enhance Decision-Making
    Use data-driven frameworks for vendor selection and evaluation
  • Training includes a practical approach with case studies and real-life applications.
  • Certification with lifetime validity.
  • After the successful exam you need to get at least 50% marks to eligible for the certification
  • Once you scored 50% in the exam then you need to fill up the form using the link below and enter your details for the certification.

What You Will Gain

✔ Strategic Vendor Risk Understanding
Understand how vendor risks impact business performance

✔ Structured Evaluation Skills
Learn systematic vendor selection & assessment techniques

✔ Practical Risk Identification Tools
Use real-world tools to identify and analyze risks

✔ Improved Decision-Making
Apply risk scoring models for smarter procurement

✔ Stronger Vendor Relationships
Build trust-based, long-term supplier partnerships

✔ Proactive Risk Mindset
Anticipate risks before they impact operations

Contents Of The Program

Module 1

Foundations of Vendor Risk Management

Strategic role of vendors --- Supply chain risks & disruptions --- Impact of vendor failures --- Vendor evaluation criteria --- Vendor lifecycle understanding

Module 2

Risk Management Framework

Risk Identification -- Risk Prioritization -- Risk Mitigation -- Risk Monitoring & Control

Module 3

Vendor Lifecycle Risk

Vendor selection -- Contract negotiation -- Procurement & execution -- Performance monitoring -- Contract closure

Module 4

Vendor Lifecycle Risk

Fishbone Diagram -- Brainstorming -- FMEA -- Risk scoring models -- Vendor scorecards

Module 5

Governance & Controls

Contract management -- KPIs & performance tracking -- Compliance & regulatory risks -- Ethical sourcing & data security

Q&A Session

Engage with the facilitators in a Q & A session where you can ask specific questions, seek clarifications, and discuss any topics of interest in more detail. This is an opportunity to address any uncertainties and gain deeper insights into the program material.

EXAM (1 Hour)

Examination

Training Methodologies

Lecture / Discussions

Engage participants through informative lectures, fostering interactive discussions to enhance understanding.

Presentation through Audio-Video

Utilize multimedia tools to deliver dynamic presentations, facilitating visual and auditory learning experiences.

Role Play

Encourage active participation through role-playing scenarios, promoting practical application of theoretical concepts.

Learning by doing

Emphasize hands-on activities to reinforce learning, enabling participants to acquire skills through experiential practice.

Ketan Patel

Ketan Patel

Principal Consultant – Concept Business Excellence
36+ Years of Industry Experience Lean Six Sigma Master Black Belt (Germany) PMP Certified Professional Certified Change Management Trainer – UK

Our Team

Meet Your Faculty

Ketan Patel is a seasoned industry expert with extensive experience in Vendor Risk Management, Project Risk Assessment, and Operational Excellence. With a strong track record of working with leading organizations such as L&T, Linde Engineering, and Tata Consulting Engineers, he brings practical insights and real-world expertise to help professionals strengthen risk management practices and drive operational excellence.

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Certificate After Completion

Sample Certificate (1)

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Train your team on-site!
We also offer customized in-house sessions for your organization—tailored to your processes and industry needs. For any Kind of help please contact us.

+91 78747 08831

Have any Questions?
Our Testimonials

What they are talking about

- Sathiyaraj

Flint Group
"Helped improve our process. Expectations met."

- Vishal Kulkarni

Solaris Chemtech Industries Ltd.
“Useful information & knowledge regarding implementation of 7qc tools for organization ”

- Sachin Mohapatra

Solaris Chemtech Industries Ltd.
"This was a very interactive session which helped us to enhance our knowledge and implement the learned in our day to day life and organization to meet the expectations and goals."

- Rajendra Mahajan

Indian Dairy Machinery Company (IDMC)
"Learned how to implement these tools in existing processes. Very relevant for our industry."

- Juzer Tafazzul Hussain

Impala Glass Industries Ltd
"Excellent training! Now equipped to apply RCA and QC tools in both professional and personal life."

Parth Tilavat

Assistant Manager, Ratnamani Metals & Tubes Ltd.
I found the training very insightful and well-structured. The introduction clearly explained RCA goals, importance, and how AI enhances analysis speed and accuracy. Fundamentals like differentiating symptoms vs root causes and understanding RCA models were explained effectively. Core tools such as 5 Whys, Fishbone, Pareto, and Control Charts were taught with practical clarity. Advanced techniques like FTA and FMEA gave deeper insights into structured RCA approaches. The module on data acquisition and validation was very useful, especially the AI-based pattern detection applications. Hands-on exercises and case studies made the learning practical and engaging. The session on benefits of AI in RCA highlighted predictive problem-solving opportunities. The Q&A allowed good interaction and clarification of concepts. Overall, a valuable program – well delivered, though more real-world industry examples could make it even better.

Manoj Maruthi Mahendrakar

Process Analyst at GIA (Gemological Institute of America)
Best usage of AI while performing RCA.

Kapil Jain

Quality Assurance Manager at National Engineering Industries Ltd. (NBC Bearings)
The program provided a solid understanding of RCA fundamentals along with practical skills to apply them effectively. It also demonstrated how the integration of AI can significantly enhance traditional RCA techniques, making the process more efficient and insightful. Overall, it was a highly valuable learning experience that bridged fundamentals with modern AI-driven approaches.
to know more about the fees structure Register Now
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