Course Overview
This course is designed to enable delegates to undertake risk analysis and a variety of risk assessments relating to different aspects of purchasing and supply and to implement a range of appropriate risk management tools and techniques. Delegates will be able use a variety of risk assessment tools and techniques designed to provide a detailed analysis of supply chain situations, including legal, corporate social responsibility (CSR), ethical, health and safety, financial, international, innovation and a variety of other potential risk scenarios.
What will I learn?
- Understanding the nature of risk in purchasing and supply
- Analyse potential sources of risk to organisations of both internal and external origin
- Analyse and explain the use of segmentation and business tools to reduce supply chain vulnerability
- Evaluate the role of an organisation's stakeholders in risk management
- Risk management processes and structures
- Develop a risk management strategy
- Formulate an effective risk management process in the context of an organisation's strategic objectives and a dynamic external environment
- Evaluate insurance as a financial means of risk protection
- Managing risk and vulnerability
Who is this course for?
This course is a must-attend event for:
- Supply Chain Managers
- Senior Buyers
- Contract Mangers
How will I benefit from taking this course?
- Analyse the nature and scope of risks for the organisation
- Plan and implement an appropriate risk management process to protect the organisation's interests
- Explain how supplier appraisals, pre-qualification of suppliers and contract monitoring can help to mitigate risks
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