Strengthen your supply chain: Learn risk management, disaster recovery, and mitigation. Optimize procurement, enhance resilience, and boost profitability.
| Date | Venue | Duration | |
|---|---|---|---|
| 10 - 14 August 2026 | Windhoek, Namibia | 5 Days | |
| 07 - 11 September 2026 | Cape Town | 5 Days | |
| 12 - 16 October 2026 | Sandton | 5 Days | |
| 23 - 27 November 2026 | Sandton | 5 Days | |
| 07 - 11 December 2026 | Cape Town | 5 Days |
Modern supply chain and procurement management is a complex system that is intrinsically impacted by internal and external disruptions. Learning how to manage the risk within the supply chain and procurement is of utmost importance to managers, senior executives, and anyone in an associated role. This has never been more important than in recent times with the increasing global pressures such as increased competition, tighter margins, and shifting business environments.
The ability to manage this risk effectively can have far-reaching effects on the growth and sustainability of a company so it is vitally important that supply chain practitioners are trained in this area. Are you aware of the level of risk currently posed by inefficiencies or disruption to your supply chain and procurement functions? Do you want to build a fully integrated risk management system that will reduce inefficiencies and improve profitability?
This Risk Management in Supply Chain and Procurement Training course will help you confidently analyse the expected impact of all potential risks and develop the necessary methodology to ensure a smooth and sustainable recovery plan for your organization. It is important to leverage competitive advantage in supply chain and procurement by engaging risk averse practices, tools and techniques.
By completing this Supply Chain Risk Management Course you should be able to –
Understand the complexities and impact of supply chain risk and be able to plan accordingly
Implement a robust disaster preparedness and recovery plan
Utilize relevant technology or software for risk modelling and identification
Recognize, assess and mitigate various types of risk throughout the supply chain
Prepare in advance for external or environmental events that may impact supply chain management
This Risk Management in Supply Chain and Procurement Training Course is of interest to a variety of personnel as we are all inherently involved in the management of risk, but particularly –
Risk Management Team
Supply Chain Managers
Tender and Bids management staff
Other Department Heads such as IT, Finance, Operations
Human Resources Personnel
Anyone involved in the supply chain including distribution and operations staff
External consultants and business advisors
Plant Managers and Senior Staff
Our diverse instructional approaches ensure effective learning:
– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.
Module One – Introduction to Risk within Supply Chain Management
General introduction to Risk and Risk Management within the Supply Chain
Looking at the general operating functions of a supply chain and procurement
Understanding the implications of good supply chain management
Outlining the key benefits of a robust risk management framework and effective implementation
The risk path from supply chain to procurement activities
Module Two – Understanding Risk Better
What is risk and why do we tolerate it within efficient organizations?
The ERMF-Enterprise risk management framework for supply chain and procurement
Understanding the potential impact of certain types of risks
Looking at how to analyse, understand and assess risk
Wider implications and effects of poor risk management
Identifying the key roles associated with risk management and who is responsible for each stage
Module Three – Identification and Planning
Understanding the various risk categories and how to assess
Difference between internal and internal risks
Studying risk analysis through Six Sigma (Suppliers, Inputs, Process, Outputs, Customer)
Looking at various risk frameworks
Identification of risk into various categories such as operational, reputational, financial
Planning for a resilient supply chain and procurement strategy and how to implement this
Making supply chain and procurement effective and efficient
Module Four – Evaluation of Key Risks
Understanding and evaluating risk based on the risk management framework
The likelihood and impact assessment method for supply chain and procurement risk
Using benchmarking and modelling as tools to evaluate risk within the supply chain
Evaluating risk through the use of projections, simulations, and analysis
Evaluating the effects of various types of risks through assessing disruption levels and disaster recovery impact
Understanding various terms such as ripple effect and bullwhip effect, and being able to consider these when evaluating risk
Module Five – Effective and Appropriate Risk Response
Understanding the options that are available for risk response – Accept, Avoid, Transfer, Mitigate, Explore
Looking at each option in detail and analysing the efficiency and feasibility for each type of situation
Applying each type of risk resolution to key areas within the supply chain management framework such as distribution, manufacturing, and sourcing
Appropriate risk response strategies and levels of response
Risk management for maximum value for money procurement
Module Six – Developing your own Risk Management Framework
Using everything you have learned in the last few modules to develop a tailored risk management framework for your organization
Incorporating relevant modelling, assessment, benchmarking and analysis tools
Fundamentals of developing, implementing and rolling out such a framework throughout your supply chain and procurement
Considering the impact of a robust risk management framework for the organization
The most risk appetite areas including contracts, bargaining and negotiation activities
Module Seven – Controlling Risk for the Future
Studying the benefits of improved monitoring and increased control over the supply chain
Potential issues when implementing your risk management framework
Assessing future risk and considering legal and ethical obligations as well as financial
Being able to use your risk management framework as a structured roadmap for the coming months and years
Assigning roles and responsibilities and delegating ownership of risk
Revisiting the necessary controls in supply chain risk management
Module Eight – Technological and IT Implications for Managing Risk
Study of the recent technological advances in risk management
Considering various software integrations that would suit different types of organizations for supply chain risk management
How to future proof your risk management framework and plan for unexpected events
Discover how our courses enhance professionals’ effectiveness in their workplaces.
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