Policy, Program and Procedures

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  • 1.  Annual VM Training

    Posted 04-22-2022 01:16 PM
    Hello everyone.  I'm curious how you all implement annual VM training to all employees with VM oversight roles and responsibilities.  

    Are there webinars you have them attend?  Do you create the training yourself? 

    Please help :)

  • 2.  RE: Annual VM Training

    Posted 04-22-2022 01:40 PM
    I would love any information on this subject too. ​

  • 3.  RE: Annual VM Training

    Posted 04-22-2022 02:05 PM

    I work for a credit union and started a Vendor Management Month in 2019 that I now implement on an annual basis. Most of the content I use is a summarization of articles I find on the Venminder or ThirdPartyThinkTank sites. I create PowerPoint slideshows of different weekly topics (contracts, risk assessing, annual review, etc.) and then send out an accompanying email with a few basic questions to make sure the information is being digested and I know who is participating. Reading/reviewing the policy is part of the activities, as well.  I usually then do a drawing of some type for all participants to encourage participation.  It's really helped engagement from the vendor managers and takes some of the boringness away from the subject.

    Jennifer Lucas