About this Course
Transform your approach to contract management with Analyze Supplier Performance: Boost Success. This beginner-level course is crafted for procurement professionals and contract managers who need to ensure agreements deliver maximum value. Go beyond the signature and learn to proactively monitor supplier performance by analyzing spend and service-level data against contract terms, key performance indicators (KPIs), and service-level agreements (SLAs). This course provides a structured methodology for turning contract data into actionable insights. You will learn to conduct variance analysis to spot discrepancies, evaluate performance against SLAs, and, crucially, quantify the financial and operational impact of any non-conformance. Through hands-on tutorials and a real-world job task scenario—where you will investigate $18k in expediting fees from late deliveries—you will gain the practical skills needed to hold effective supplier reviews. You will leave this course equipped to not only identify performance issues but to build a systematic process for continuous improvement and risk management, ensuring your contracts work as hard as you do
What You'll Learn
- Analyze spend and service data against contract terms
- Conduct variance analysis to identify discrepancies
- Develop supplier review and risk management skills
Prerequisites
- Basic computer and internet skills
- Ability to read English instructions and complete short exercises
Instructors
LearningMate