Managing Risk in the Supply Chain

Course Objectives

This programme is designed to improve delegates’ awareness of techniques and best practices associated with risk analysis, evaluation and mitigation in the sourcing decisions made by them and their departments. It will equip them with a series of easy to apply risk assessment tools that can be used within a supply chain context.

Course Contents

Day One
 
Definitions of procurement risk
 
Risk in supply chains
A workshop approach to identifying common risks
Where does risk lie in your supply chains
How can it be quantified
Dealing with internal stakeholders
 
Managing Risk in the Supply Chain
Evaluating risk
Using a risk register
 
Supply Chain risk mitigation techniques
The importance of specifications and standards
The use of the contract
KPI's and service level agreements
Setting up the relationship management and monitoring approach
The skills of the effective contract manager
 
Day Two
 
Managing risk in performance
Building trust and openness
Negotiating improvements to current service delivery
 
Dealing with change
Handling variations
conflict and dispute
Change control mechanisms
Ensuring compliance with the contract
Contractual remedies for poor performance
Effective contract monitoring

---

Who Should Attend

Delegates whose role requires them to assess and model supply chain risks when undertaking ‘make or buy’, and key sourcing and performance management decisions for new and existing services and purchases.

Duration

A 2-day single manned course.
Back to Strategic Advice Courses main menu