RISK MANAGEMENT for Supply Chain and Procurement specialists

Tools and methods used by the world class procurement companies and supply chain managers to get rid of RISK MANAGEMENT

Created by : Rated :4.2 70753 views

Last Updated: 2022-05-03 11:05:51 English Course Type: Self Learning

You will understand that every decision in Procurement and Supply Chain Management includes risk
You will gain the better understanding of risks complexity
You will learn how to quantify and compare the risks
You will learn how to make the strong action plan for different risks
Finally, you will obtain more confidence talking about the Risk management discussing with your Suppliers, your Managers and Colleagues, your Stakeholders

Welcome to the Risk Management course!

The course is prepared by the Procurement Professional for Procurement Professionals. Based on my own experience and the best practices I have used by myself. Tools and methods here are used by the world class companies and supply chain managers.

The material is easy to follow and understand, well-structured and presented in a simple and straightforward way. And what is the most important – you can start using the tools and the logic of Risk Management already after finishing the course.

RISK MANAGEMENT is not a niche course, it covers the main risk management tools, with the focus on Supply Chains and Procurement.

You'll learn about the:

Nature of risks and types of risks in supply chain management
Risk assessment tools
Action planning tips for working with risks
Specific risks in outsourcing and insourcing
Building the transparent and proactive relations with your suppliers
Social & environmental risks.

The course contains many practical examples from my experience. This makes the training more “alive” and close to reality. Every tool and method I will present in the course will come together with the practical example.

The best way to learn is applying these knowledge and techniques in your daily job! Once completed this course, you should be able to apply Risk management tools to your own projects without the need for further guidance.

I am proud of the materials collected in this course and I am sure that you will bring your decisions to the completely new level if you will follow the recommendations and tools from risk management explained in this course. Also I am sure that you will improve your organization and your career!

P.S. As a bonus - I have decided to share my e-books on Procurement. You can find it in the download materials of the last lecture. Some useful and fun read for you, some motivation and inspiration.

Enjoy your course and leave me a comment after you complete the course :)

Robert

You don’t need any specific knowledge to finish the course. Just common sense
However this course will make a much bigger effect for you, who already have some experience in Procurement and Supply Chain. You will recognize many of your tough situations and challenges that you are facing everyday at your work

Beginners and Professionals of Procurement and Purchasing organizations
Supply Chain specialists
Production managers and Manufacturing specialists
Finally, you will obtain more confidence talking about the Risk management discussing with your Suppliers, your Managers and Colleagues, your Stakeholders

Section 1 : Introduction 1 Lectures 00:01:57
Lecture 1 :
Introduction and content of the course Preview
Section 2 : Nature of Risks in Supply Chain Management 2 Lectures 00:11:04
Lecture 1 :
Nature of Risks in Supply Chain Management
Lecture 2 :
Food for thought
- How can the big macro trends influence your Supply Chain, your Procurement organization? - What are the positive and negative impacts?
Section 3 : Case study 2 Lectures 00:09:27
Lecture 1 :
Food for thought
- Think about the root cause of the problem described in this case study. - What could be the possible measures to prevent such situation to happen? - What actions would you implement if you were the Supply Chain manager for the Retail company after such situation happen?
Lecture 2 :
Case study
Section 4 : Types of Supply Chain Risks 2 Lectures 00:06:37
Lecture 1 :
Types of Supply Chain Risks
Lecture 2 :
Food for thought
- Take the moment to think about price risks, supply risks and supplier risks for your Sourcing set-up. - Discuss the price risks, supply risks and supplier risks with your colleagues (and suppliers…) - Think what risk type receives not enough attention. And why?
Section 5 : Main principles of Risk Management 7 Lectures 00:33:29
Lecture 1 :
Risk Assessment for Supply Chains
Lecture 2 :
Risk in Outsourcing and Insourcing
Lecture 3 :
Food for thought
- What are you basing your Make or Buy decisions on? - Are you considering the risk part for decision taking?
Lecture 4 :
TRUST Approach
Lecture 5 :
Food for thought
Evaluate the relations with your key suppliers regarding the TRUST criteria: - Tracebility, - Requirements, - Understanding the KPI’s, - Strategic goals, - Talking to your suppliers.
Lecture 6 :
Social & Environmental Responsibility
Lecture 7 :
Food for thought
- Do you have the suppliers which are largely dependent on your company? - Do you consider the social risks when taking decisions about such suppliers? - Do you have any Environmental and Social policies in your company? - Think about pro’s and con’s of having such policies for your Supply Chain. Consider costs and risks.
Section 6 : Bottom line and downloadable materials 1 Lectures 00:03:31
Lecture 1 :
Bottom line

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Robert Freeman,

233488 Course Views

8 Courses

I spent 15 years actively contributing to Procurement development of medium-size companies and large international corporations in Manufacturing and Retail, being a sourcing responsible for 800'000'000 Euro business. Was working with Retail and Manufacturing companies in Europe, Asia and North America. I truly believe in power of Procurement organization for the success of the entire company, and I want to spread my knowledge and experience to all over the world. That is why I developed a Future Procurement development program. Probably the best program in the world for Procurement professionals! I want to share my knowledge and engage as many people as possible around idea of improving the existing practices in our business, bringing our profession to a completely new level. My mission is: “To improve the world by Future Procurement organizations”.