Vendor Managed Operations Efficiency Workshop
What is Vendor Managed Operations Efficiency?
In today’s interconnected world, it is imperative that the vendors are treated as partners in creating value for the customer. This workshop aims at providing a robust and metric driven approach to Vendor Management and subsequently improving the operational efficiency of the vendors. This program covers complete coverage of what is needed for high efficiency in VMO.
Sourcing, measuring and managing vendors and service providers are key aspects to many businesses today. Vendor Managed Operations also allow the organization to focus on their key tasks leave other services to outsourced vendors. Measuring and managing performance of such operations is an art and requires attention to detail. We have conducted this course for Google in the past.
To orient participants to various aspects related to the efficiency of Vendor Managed Operations (VMO) and to do a VMO self-assessment during the workshop. Participants will leave equipped to foster partnerships with service providers (internal and outsourced) leading to high level of customer satisfaction. Thorough understanding of translating client requirements into KPIs and metrics for service providers.
Number 1 in India
Benchmark Six Sigma is number 1 for Vendor Managed Operations Efficiency Workshop in many ways.
- With experience both in manufacturing and service vendor management, Benchmark has helped multiple organizations realize the true potential of managed vendor operations.
- We moderate the largest Business Excellence learning community (among top three in the world).
Who Can Benefit
- Professionals involved in getting expected results through Vendor Managed Operations (VMO)
- Vendor managers
- Procurement professionals
- Anyone who wants to build competence that is domain independent
Corporate Program – Customized
Shadow sessions to customize material and delivery
VMO improvement coaching, if needed.
- Facilitated by Multi-Industry Expert
- 24 Hrs of Instructor Led Classroom Training
- 100% coverage of VMO elements
- Benchmark Six Sigma Certificate
- Guided Self-assessment of Vendor Managed Operations
- Membership of largest Business Improvement Community
- Course Material Kit for Vendor Management Operational Efficiency
- Data and Templates for Analysis
- 3 days of Instructor-Led Classroom Training
- Vendor Management Operational Efficiency Certificate Examination
- Recognized Certificate with lifetime validity
Coverage in VMO Problem Solving Workshop
|1||Leadership and Planning|
|1.1||Statement of Direction||Passing Reference|
|1.2||Business Planning||Passing Reference|
|1.3||Target Setting||How to set targets for Outsourced Service Providers (OSPs)? How to modify targets?|
|1.4||Reviewing Business Performance||How do we know that the Vendor met a target reasonably? How many samples are sufficient for the assessment?|
|1.5||Responsible Sourcing||Passing Reference|
|2.1||Defining Requirements||Passing Reference|
|2.2||Developing and issuing RFX||Passing Reference|
|2.3||Selecting and contracting OSP’s||Passing Reference|
|2.4||Implementation and Change Management||How to assess risk via FMEA before each major change?|
|2.5||Closing Relationships and Programs||Passing Reference|
|2.6||Reviewing OSP Performance||When to do RCA and how?|
|2.7||Paying OSPs||FMEA exercises on OSP billing practice.|
|2.8||Reporting Performance to Clients||Passing Reference|
|2.9||Gathering and Analyzing Customer Feedback||How to analyze customer satisfaction data?|
|2.10||Design of Key Customer Related Processes||How to use Cycle Time and Throughput concepts?|
|2.11||Knowledge and Content Management||Quick Overview|
|2.12||Quality Management||Quick Overview|
|2.13||Sales Management||Passing Reference|
|2.14||Forecasting and Capacity Planning||What are Queuing concepts, Little’s Law and how do they apply?|
|2.15||Scheduling and Real-Time Management||When should VMO react and when not? Variation study to understand common cause and special cause variations|
|2.16||Training and Verifying OSP Staff Skills||Quick Overview|
|2.17||Customer Service Support Staff -Monitoring and Coaching||FMEA on Monitoring and Coaching|
|2.18||Unassisted Channel Management||Customer touch systems. How to plan to transition to a new system?|
|2.19||Managing Process Control||Quick Overview. Procedures and Audits|
|2.20||Corrective action and Continuous Improvement||How to identify and carry out problem-solving projects using DMAIC?|
|2.21||Data Privacy and Compliance||Risk assessment|
|2.22||Business Continuity||Quick Overview – Reference to BCP for Short term interruptions, long term disruptions.|
|2.23||Reporting and Data Integrity||Quick Overview – Data needs to be relevant, objective, accurate and representative.|
|2.24||Vendor and Key Supplier Performance Management||Passing Reference|
|2.25||Annual Review||Review mechanism (Internal/ External)|
|3.1||Hiring and Recruiting||Quick Overview|
|3.2||Training and Development||Verification of objective minimum performance thresholds|
|3.3||Managing Staff Feedback||Drivers of Staff Commitment/ Engagement|
|4.1||Measuring Customer Experience||An approach towards samples and whether they are representative|
|4.2||Client Satisfaction and Dissatisfaction||How to do RCA for most common causes of complaints?|
|4.3||OSP Satisfaction and Dissatisfaction||Quick Overview – Responsiveness, Accuracy, Forecast Timeliness of VMO|
|4.4||Overall Cost Management||Passing Reference|
|4.5||Key Business Process Performance||Service, Quality and Efficiency Assessment guidelines|
|4.6||Key Support Processes Performance||Passing Reference|
|4.7||Achieving Results||Quick Overview – Defining Acceptable Performance for VMOs|
The contents of this program can be customized based on a shadow session or pre-study done within the company.
To learn more about Vendor Managed Operations Efficiency Workshop, its uniqueness and advantages as applicable to your specific situation, fill out the fields below. You can also call +91 9811370932 (India) or +1 513 657 9333 (USA) to speak to one of our Program Advisers.
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