- Payment Terms: Enquire
- Locations: Sheikh Zayed Rd - Dubai Istanbul Sydney Kurla - Mumbai Munich England - United Kingdom Frankfurt The Hague Delhi
- Duration / Course length: 5 Days
- Starting Date: Enquire About It
- Timings: Enquire
Course details
OverviewProcurement risk management is critical for safeguarding organizations against disruptions, financial losses, and reputational damage in increasingly complex supply chains. This training provides participants with the knowledge and tools to identify, assess, and mitigate risks throughout the procurement cycle, ensuring resilience and business continuity.
The program covers key risk areas such as supplier dependency, market volatility, contractual risks, compliance, ethical sourcing, and geopolitical challenges. Through practical frameworks, case studies, and best practices, participants will learn how to build robust procurement strategies that anticipate and manage risks proactively.
Objectives
- Identify potential procurement risks, including operational, financial, compliance, and reputational risks.
- Conduct a comprehensive risk assessment and analysis in procurement processes.
- Develop and implement effective risk management strategies to mitigate identified risks.
- Enhance supplier evaluation and selection processes to minimize supplier-related risks.
- Create risk mitigation plans and contingency strategies for different procurement scenarios.
- Understand the types and sources of risks in procurement and supply chains.
- Apply risk assessment and mitigation techniques within procurement processes.
- Develop risk registers and contingency plans to handle uncertainties.
- Strengthen supplier selection, monitoring, and performance management.
- Integrate risk management into procurement policies and decision-making.
Job roles this course is suitable for:
Contract Manager , Procurement Manager , Supply chain logistics managerCourse Location
About Global Business Advisor -Professional London Training Center
GBA Corporate, the name highlights as a one stop for diversified training. We are one of the most upcoming UK based training company offering extensive training with wide range of training courses. We are based in UK with venues across the globe, providing value training in 15 countries worldwide not only that we customise training as per requirement and even Be Spoke and can reach anywhere in the world for our Clients.
GBA Corporate is the name on which you can rely upon like our clients from diverse sectors across the globe. Our innovative and diversified training courses are designed and delivered by our recognized facilitators known for providing relevant courses in their region.
Our mission is to enhance the skills through our extensive variety of pioneering programs that will help the employees to explore new skills within themselves and build new perspectives though our varied nature.
Our Slogan is our Vision and our mission. It starts with getting to know what your training needs are, understanding in depth and connecting with best approach to deliver results thereby making connections."
Supply Chain Management Related Questions
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