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> For a current schedule of training for your purchasing and supply chain management staff click here <
Procurement Risk Management
Check for Available Dates >>
Course Outline:
Difficult economic times have focused the mindset of purchasing professionals on the
'What If' scenarios that can arise within the life cycle of their procurement initiatives.
By focusing decisions around risk analysis, risk assessment and risk mitigation principles, purchasing professionals can greatly reduce the costly consequences of foreseeable events that negatively impact the procurement and supply chain function.
People
who should attend:
This one day course is for purchasing and supply staff who wish to better understand Procurement Risk Management ( PRM ) and develop strategies to mitigate the consequences of their 'known unknowns'.
Course
Objectives:
- To assist purchasing professionals better understand Procurement Risk Management ( PRM ) and enable them with the tools to implement mitigation and avoidance strategies.
Course
Content:
- Introduction to Procurement Risk Management ( PRM )
- Identifying Potential Risks: The What, When, Where and How's
- Determination of potential risk sources and assumption analysis
- Isolation of each risk impact or consequence
- Overall impact assessment and analysis
- Risk Reduction Strategies. Why, When, What, Who and How.
- Cost considerations
- Risk monitoring and action / avoidance plans
- Conclusions
Register for this seminar >>
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