Course Code: OPS-214

Format: In-Person / Virtual

Description: You get what you measure. Based on Transaction Cost Economics, this course brings objectivity to supplier management. Participants build weighted scorecards ranking vendors on Price, Quality, and Delivery to drive accountability and performance.

Learning Objectives:

Objectively evaluate supplier performance to drive accountability.

Build a weighted scorecard (Price, Quality, Delivery) to rank suppliers.

Apply Transaction Cost Economics to vendor relationships.

Scholar-Practitioner Framework:

Theory: Transaction Cost Economics.

Application: Building the Weighted Scorecard.

Curriculum: KPI Selection; Weighting Logic; The QBR Process.