Executive Development Programme Retail Vendor Due Diligence
-- ViewingNowThe Executive Development Programme in Retail Vendor Due Diligence is a certificate course designed to empower professionals with the necessary skills to excel in the retail industry. This program emphasizes the importance of vendor evaluation and management, a critical aspect of retail operations.
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โข Vendor Selection: Identifying and evaluating potential retail vendors based on business needs and objectives.
โข Contract Negotiation: Strategies for negotiating favorable contracts with retail vendors, including pricing, terms, and conditions.
โข Risk Management: Understanding and mitigating risks associated with retail vendor relationships, including supply chain, financial, and reputational risks.
โข Performance Measurement: Establishing key performance indicators (KPIs) to measure retail vendor performance and ensuring accountability.
โข Relationship Management: Building and maintaining strong relationships with retail vendors to ensure long-term success and mutual benefit.
โข Compliance and Ethics: Ensuring retail vendor compliance with laws, regulations, and ethical standards, and addressing any non-compliance issues.
โข Contingency Planning: Developing contingency plans for retail vendor relationships, including backup vendors and emergency response plans.
โข Continuous Improvement: Regularly reviewing and improving retail vendor relationships and processes to drive business success and growth.
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