Course Details

Fortify Your Supply Chain: Supplier Risk & Compliance Management Training Course

INTRODUCTION

"Navigate the complexities of modern supply chains with our Supplier Risk & Compliance Management Training Course. Learn to identify, assess, and mitigate risks, while ensuring adherence to regulatory requirements and ethical standards. This Supplier Risk & Compliance Management Training Course equips procurement professionals, supply chain managers, and compliance officers with the skills to build resilient and responsible supplier relationships. Master the techniques of proactive risk management and ensure your supply chain operates with integrity and efficiency."

DURATION

10 days

TARGET AUDIENCE

This course is meticulously designed for:

• Procurement Managers and Specialists: Responsible for supplier selection and management.
• Supply Chain Managers and Analysts: Overseeing supply chain operations and risk mitigation.
• Compliance Officers and Managers: Ensuring adherence to regulatory requirements and ethical standards.
• Risk Managers: Identifying and mitigating supply chain risks.
• Auditors: Conducting supplier audits and compliance checks.
• Legal Professionals: Involved in contract management and compliance.
• Anyone seeking to enhance their skills in supplier risk and compliance management.

COURSE OBJECTIVES

Upon completion of this course, participants will be able to:

• Understand the principles of supplier risk and compliance management.
• Identify and assess various types of supplier risks (financial, operational, reputational, etc.).
• Develop and implement effective risk mitigation strategies.
• Ensure compliance with relevant regulations and industry standards.
• Conduct supplier audits and assessments.
• Utilize technology and data analytics for risk monitoring.
• Develop and implement supplier compliance programs.
• Understand the importance of ethical sourcing and sustainability.
• Understand how to create proper documentation related to supplier risk.
• Understand how to create a proper supplier risk matrix.

COURSE MODULES

Module 1: Foundations of Supplier Risk and Compliance Management:

• Introduction to supplier risk and compliance.
• Understanding the importance of proactive risk management.
• Overview of relevant regulations and standards.
• Understanding the different types of risk.

Module 2: Risk Identification and Assessment:

• Identifying and assessing financial risks.
• Evaluating operational risks and supply chain disruptions.
• Assessing reputational and ethical risks.
• Utilizing risk assessment tools and methodologies.

Module 3: Risk Mitigation Strategies:

• Developing contingency plans and backup strategies.
• Implementing supplier diversification and redundancy.
• Utilizing insurance and contractual agreements for risk transfer.
• Implementing proper communication protocols.

Module 4: Compliance Management and Regulatory Requirements:

• Understanding regulatory requirements (e.g., anti-corruption, data privacy).
• Implementing compliance programs and policies.
• Conducting compliance audits and assessments.
• Understanding international trade compliance.

Module 5: Supplier Audits and Assessments:

• Planning and conducting supplier audits.
• Utilizing audit checklists and methodologies.
• Evaluating supplier performance and compliance.
• Understanding how to properly document audit findings.

Module 6: Technology and Data Analytics for Risk Monitoring:

• Utilizing supplier risk management software and platforms.
• Implementing data analytics for risk monitoring and reporting.
• Utilizing real-time data for proactive risk management.
• Understanding the importance of proper data security.

Module 7: Ethical Sourcing and Sustainability:

• Understanding the principles of ethical sourcing.
• Implementing sustainable procurement practices.
• Ensuring compliance with labor and environmental standards.
• Understanding the importance of a code of conduct.

Module 8: Contract Management and Compliance:

• Integrating compliance requirements into supplier contracts.
• Monitoring contract performance and compliance.
• Managing contractual risks and disputes.
• Understanding the importance of proper contract documentation.

Module 9: Developing a Supplier Compliance Program:

• Creating a supplier compliance program.
• Implementing a supplier code of conduct.
• Creating a proper reporting procedure.
• Properly training employees.

Module 10: Case Studies and Best Practices:

• Analyzing real-world examples of supplier risk and compliance management.
• Reviewing successful risk mitigation and compliance programs.
• Identifying lessons learned and best practices.
• Understanding emerging trends in supplier risk.

CERTIFICATION

• Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

TRAINING VENUE

• Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

• Airport pick up and accommodation is arranged upon request

TERMS OF PAYMENT

• Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com