Procurement Risk Management
Managing Supplier Risk, Contract Negotiations, Stakeholder requirements & Expectations in Procurement

Understand and recognize why and how risk is an integral part of the modern business environment and how robust, mature and flexible procurement policies and procedures can turn it to your advantage. Identify how all elements of a modern business are exposed to procurement risk and how these are best managed and dealt with throughout the business.

Gain a thorough understanding of how strategic policies and governance can contribute toward procurement risk mitigation at all stages of a business transaction from the initial business need definition through supplier selection, contract negotiation and ongoing supplier management to contract close out.

Major Key benefits of attending;
? IDENTIFICATION of the nature of risk in procurement
? UNDERSTANDING of how processes and policies can mitigate procurement risk
? IMPROVE understanding of how procurement can contribute to overall business risk mitigation
? UNDERSTANDING of the contribution of suppliers to customer risk mitigation
? IDENTIFICATION of key elements of a business that need to be involved in procurement risk mitigation
? A THOROUGH understanding of cost versus risk

Trainer: Neil Anthony Chavner, Director
Neil Anthony Procurement and Supply Chain Management Ltd.