Risk Management in Procurement Management Course

COURSE OVERVIEW

INTRODUCTION

Risk management is fundamental for any organization and supply chain operation that seeks to ensure continuity and achieve long-term success. Recent risk events around the world have exposed supply-chain vulnerabilities and disruptions and the term supply chain has become a mainstream concept. Risk events such as global pandemics are no longer foreign to Kenyan Supply chain operations but have now become key considerations at the organizational level. Organizations with poor supply chain risk-management strategies lack resilience and can no longer expect to be impactful in today’s ever-changing dynamics. This workshop is designed to equip individuals involved in organizational supply chains with practical skills and analytical tools to manage risks and relationships for resilient supply chains.

DURATION

10 days.

WHO SHOULD ATTEND 

This course is suitable for all persons interested and those that handle the corporate communications functions in your organization.

COURSE OBJECTIVES

By the end of the workshop participants should be able to:

• Apply strategies for effective identification, analysis and prioritization of supply chain risks in the organization;
• Develop risk mitigation measures in organizational supply chain for enhanced quality and competitive advantage;
• Manage contracts and relationships in the supply chain more skillfully and as a tool for supply chain resilience;
• Appreciate the evolving role of ICT, records management and ethical practices in supply chain management.

TOPICS TO BE COVERED

1. Supply Chain Risk Management (SCRM)

• Definitions and actors in the supply chain
• Evolution of risk management
• Internal and External sources of supply chain risks
• Categorization of risks
• Supply chain mapping (practical learner exercise in mapping some supply chains – FMCG and Infrastructure) Corporate identity and reputation

2. Procurement Risk Analysis and Mitigation

• Key areas for assessment of risks
• Developing mitigation measures along the key stages in procurement process
• Risk management process and types of risk mitigators
• Optimal allocation of risks to parties and available tools
• Procurement sustainability in SCRM
• Experiences from Covid-19 – a practical look at supply of personal protective equipment (PPE) during the COVID-19 pandemic

3. SCM Institutional and Operational Analysis Tools

• Supply chain and value chain analysis
• Supply Positioning and Supplier Preferencing
• PESTLE
• SWOT Analysis
• Interpretation of outputs from a case study (group
• discussions)

4. Managing relationships in the Supply chain

• Relationship mapping
• Key considerations for successful relationship
• management
• Building supply chain resilience through relationship
• management
• Developing and maintaining suppliers
• Risk conscious sourcing strategies and selection criteria
• Incorporating risk management

5. Effective Contract Management for SCRM

• Internal organization and reporting for effective contract
• management
• Key contractual provisions for SCRM
• Critical Path Method
• Inventory management for SCRM

6. Role of ICT in SCRM

• ICT and Supply chain visibility and transparency
• Technological disruptions in the Supply Chain and their

impact on quality and risk

• Technology resilience and competitive advantage
• private/public sector SCM applications (case study)

7. 7. Ethics in Supply Chain Management

• Environmental, Social, Health and Safety considerations in
• SCRM
• Prohibited practices (Child Labour, Money laundering,
• Sexual Exploitation and Abuse, Sexual Harassment) in
• SCM

1. Ethics Vs Compliance

• Understanding Conflict of Interest
• Supplier ethics
• Reducing ethics and compliance risks in the supply chain
• Reputational risk and its implications to organizations

METHODOLOGY

The instructor led trainings are delivered using a blended learning approach and comprises of presentations, guided sessions of practical exercise, web-based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields.

All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.

CERTIFICATION

Upon successful completion of this training, participants will be issued with Steady Development Training Centre certificate..

TRAINING VENUE

The training will be held at Steady Development Centre. The course fee covers the course tuition, training materials, two break refreshments and lunch.

All participants will additionally cater for their, travel expenses, visa application, insurance, and other personal expenses.

ACCOMMODATION AND AIRPORT PICKUP

Accommodation and airport pickup are arranged upon request. For reservations contact the Training Officer.

Email: training@steadydevelopmentcentre.com

Tel: +254 718108851

TAILOR- MADE

This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our Steady Development Centre or at a convenient location.

PAYMENT

The course fee payment should be transferred to Steady Development Centre account through bank, 3 working days before commencement of the training so as to enable us to prepare better.

For further inquiries, please contact us on:

• Tel: +254 718108851
• Email: training@steadydevelopmentcentre.com

Our Upcoming Training Schedule