London Training For Excellence Procurement Risk Management London Training For Excellence
Price: AED 17,998
Instructor led live virtual classroom online. Classes may be individual or in group.
  • Payment Terms: Enquire
  • Locations: Dubai UAE
  • Duration / Course length: 5 Days

    Course details

    Overview
    This five-day training course is designed to provide participants with an understanding of the principles and best practices of procurement risk management. Participants will learn how to identify analyse and mitigate procurement risks as well as how to develop effective risk management strategies. The course will also cover topics such as contract risk supplier risk and supply chain risk.

    Objective
    Upon completion of this courseparticipants will be able to:
    Understand the principles and best practices of procurement risk management.
    Identify and assess procurement risks.
    Develop effective risk management strategies.
    Mitigate contract risksupplier riskand supply chain risk.
    Foster a culture of ethics and integrity in procurement risk management

    Who Should Attend
    The Procurement Risk Management training course is designed for procurement professionals, including procurement managers, officers, specialists, and buyers. It is also relevant for professionals in related fields, such as supply chain management, logistics, and operations. Additionally, senior management and executives who work closely with procurement professionals may benefit from attending this training course.

    Course Outlines
    Day 1 - Introduction to Procurement Risk Management
    Principles and best practices of procurement risk management
    Understanding procurement risks
    Developing a procurement risk management strategy
    Integrating procurement risk management into organisational processes

    Day 2 - Contract Risk Management
    Understanding contract risk
    Developing a contract risk management strategy
    Contract language and negotiation
    Contract compliance and enforcement

    Day 3 - Supplier Risk Management
    Understanding supplier risk
    Developing a supplier risk management strategy
    Evaluating supplier financial and operational performance
    Managing supplier relationships

    Day 4 - Supply Chain Risk Management
    Understanding supply chain risk
    Developing a supply chain risk management strategy
    Managing supply chain disruptions and disruptions
    Developing a supply chain contingency plan

    Day 5 - Ethics and Continuous Improvement in Procurement Risk Management
    Ethical considerations in procurement risk management
    Driving continuous improvement in procurement risk management practices
    Procurement risk management best practices
    Measuring and reporting on procurement risk management performance

    Updated on 05 August, 2024

    Job roles this course is suitable for:

    procurement managers , officers , specialists , senior buyer

    About London Training For Excellence

    Empowering Professionals for Over a Decade

    London Training for Excellence is a leading provider of professional development programmes, established in 2013. For over eleven years, we have been committed to equipping individuals and organisations with the skills and knowledge they need to excel in today's ever-evolving business landscape.

    A Breadth of Expertise

    We offer a comprehensive range of training solutions across a diverse set of industries, including:

    • Artificial Intelligence (AI): Stay ahead of the curve with cutting-edge training on AI applications, machine learning and data analysis.
    • Contact Management: Learn best practices for building and nurturing relationships, managing communication workflows and leveraging technology to optimise your outreach efforts.
    • Engineering: Enhance your technical expertise and stay current with the latest advancements in various engineering fields.
    • Finance and Legal: Gain a deep understanding of financial concepts, legal frameworks and compliance requirements.
    • Human Resources: Navigate the complexities of HR practices, from recruitment and onboarding to employee relations and performance management.
    • Leadership and Management: Develop your leadership skills, communication techniques and team-building strategies.
    • Logistics: Optimise your supply chain operations and ensure efficient delivery of goods and services.
    • Marketing and Sales: Develop effective marketing strategies, hone your sales skills and drive business growth.
    • Oil and Gas: Gain specialised knowledge and skills relevant to the oil and gas industry.
    • Project Management: Master the art of project planning, execution and delivery to ensure successful project outcomes.


    Our Approach

    At London Training for Excellence, we believe in delivering high-quality, interactive training programmes that cater to diverse learning styles. Our experienced instructors are industry experts who combine theoretical knowledge with practical application.

    Flexible Learning Solutions

    We understand that busy professionals require flexible learning options. We offer a variety of delivery methods to suit your needs, including:

    • In-person training: provides more significant face-to-face interaction. In a classroom setting, attendees can connect in real-time. In-person training also offers more opportunities for group activities and interactive projects.
    • Online Courses: Our comprehensive online courses allow you to learn comfortably in your working environment.
    • In-Company Training: Tailor training programmes specifically for your organisation's needs and deliver them on-site for maximum impact and employee convenience.


    Investing in Your Success

    By investing in training and development with London Training for Excellence, you will gain the knowledge and skills necessary to achieve your professional goals and contribute to the success of your organisation. 

    Contact Us Today

    Let London Training for Excellence help you unlock your full potential and drive positive organisational change. Contact us today to discuss your training needs and explore how we can empower your workforce for the future.

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