Vendor Relationship Management

Vendor Relationship Management is a strategic approach to managing a company's interactions with suppliers and service providers that supply goods and services to the company. Coursera's Vendor Relationship Management catalogue teaches you the intricacies of establishing and maintaining productive relationships with vendors. You'll gain insights into key areas such as selection and evaluation of vendors, negotiation tactics, contract management, performance and risk management, and methods for conflict resolution. This skill is crucial for those in procurement, operations, and supply chain management roles, enhancing your capacity to drive cost savings, ensure quality, and improve overall business efficiency.