Vendor Management Best Practices – 1 Day Training in Chicago, IL
Learn proven vendor management techniques in this 1 day Training in Chicago to boost performance and maintain compliance.
Date and time
Location
Regus - Chicago - 111 W. Jackson
111 W. Jackson Suite 1700 Ph No +1 469 666 9332 Chicago, IL 60604Agenda
Module 1: Vendor Ecosystem Insight in Chicago
Module 2: Strategic Vendor Selection & Contracting
Module 3: Relationship & Performance Governance
Module 4: Risk Mitigation & Hybrid Monitoring
Module 5: Cost Optimization & Continuous Improvement
Module 6: Collaborative Planning & Sustainability
Good to know
Highlights
- 8 hours
- Ages 18+
- In person
- Paid venue parking
Refund Policy
About this event
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.
Participants 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
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 participants to strengthen supplier partnerships, ensure compliance and drive measurable business value.
©2025 Mangates Tech Solutions Pvt Ltd. This content is protected by copyright law. Copy or Reproduction without permission is prohibited.
Whether delivered in-house or virtually, this training allows your team to learn together while addressing your organization’s unique vendor management challenges. Facilitators tailor examples, exercises and case studies to your industry and internal processes, ensuring relevance and engagement. This approach 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
Frequently asked questions
The session is led by experienced supply chain and vendor management professionals with extensive backgrounds in procurement, contract management and corporate training.
Cancellations made 7 days prior to the event will receive a full refund. No refunds will be issued after that date, but you may transfer your seat to a colleague.
This training is ideal for procurement professionals, vendor managers, project managers and business leaders seeking to strengthen supplier relationships and drive better results.
You will learn best practices in vendor selection, negotiation and performance management while building stronger, compliant and value-driven supplier relationships.
Yes, participants will be awarded a Course Completion Certificate at the end of the training.
No prior experience is required. The program is designed for both beginners who want to build a solid foundation in vendor management and experienced professionals looking to refine their skills and apply best practices in a classroom setting.
The program is available in classroom format only, conducted in chicago, IL
The course combines expert instruction, real-world examples, interactive exercises and practical writing activities to ensure immediate workplace application.
No formal test is required. The focus is on practical application, discussion and participation throughout the session.
Completing this training enhances your procurement and vendor management expertise, making you more effective in leadership, project management and supplier negotiations.
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