Vendor Management Best Practices – 1 Day Training in Chicago, IL

Certificate: Course Completion Certificate

Duration: 1 Day

Course Delivery: Classroom

Language: English

Credits: 8

Enjoy snacks, beverages and lunch as part of the session.

Course Overview

In Chicago’s bustling business environment—from corporate offices in the Loop to industrial logistics in the West Side—effective vendor management is a critical strategy that fuels operational success. This hands-on, high-impact training is tailored by local professionals and infused with 2025-forward modules including AI-enhanced sourcing tools, hybrid oversight and data-driven performance tracking.

You will learn how to select, manage, optimize and strategize vendor relationships, transforming them into true partners for organizational growth.

Learning Objectives

• Analyze and onboard vendor relationships strategically
• Draft clear and protective vendor agreements and SOWs
• Monitor and enhance vendor performance via KPIs and dashboards
• Mitigate risks proactively using modern tools
• Negotiate value-driven deals and foster sustainable vendor relationships

Target Audience

• Procurement, supply chain, operations and contract managers in Chicago’s diverse industries
• Vendor relationship leads and compliance officers
• Project managers working with outsourced services or multiple vendor portfolios
• Organizational leads aligning with local M/WBE programs

Benefits of Attending

• Interactive workbook with Chicago-based templates and metrics
• Post-training 30-minute coaching session via Zoom, Networking with Chicago professionals
• Light refreshments included for in-person attendees

Why This Training Is Right for You:

This 1 day classroom training goes beyond theory to equip corporate professionals with practical vendor management skills. Unlike standard courses, it emphasizes hands-on exercises, real-world case studies and interactive discussions, enabling you to strengthen supplier partnerships, ensure compliance and drive measurable business value.

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This training can be conducted in-house, allowing your team to learn together while addressing your organization’s specific vendor management challenges. Facilitators tailor examples, exercises, and case studies to your industry and internal processes, ensuring relevance and engagement. The program provides practical, actionable insights that teams can immediately apply to strengthen supplier relationships and drive measurable business results.

📧 Contact us today to schedule a customized in-house, face-to-face session:

corporate@mangates.com