Procurement Risk Management

• Why risk management is key to procurement effectiveness
• Typical supply chain risks
• Assessing probability and analysing impact
• Methods of managing procurement risk
• The role for contracts as a risk management tool

Upon completion of this course, you will be able to understand:

• The risk landscape of those situations where the customer company relies on suppliers to meet their obligations as set out in the purchase order or contract.
• The big issues that affect a whole supply market sector.
• The bigger steps that need to be taken to mitigate procurement fraud.
• How to survive disruptions and resume progress towards desired goals.