Professional Services Agreements in Construction Live Webinar

5 Ways to Build a Supplier Management Risk Program (OnDemand Webinar)

$149.00

SKU: 411255EAU

Description

Learn strategies for strengthening supplier relationships and developing adaptive risk mitigation plans.Attendees will master the fundamentals of robust supplier risk management, learning to identify, assess, and mitigate potential risks effectively. Second, they will acquire advanced techniques for risk assessment, utilizing stateoftheart methodologies to stay ahead of potential supply chain disruptions. Furthermore, the topic will provide strategies for strengthening supplier relationships and developing adaptive risk mitigation plans, ensuring longterm resilience and efficiency. Lastly, participants will explore innovative methods to futureproof their supplier risk management programs against unforeseen market changes and uncertainties. This comprehensive learning experience is vital for professionals seeking to enhance their organization’s supply chain stability and responsiveness in a rapidly evolving business environment.

Date: 2024-03-26 Start Time: End Time:

Learning Objectives

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Evaluating the Efficacy of a Supplier Risk Management Program
• Establish Regular Risk Assessment Protocols
• Utilize Advanced Data Analytics
• Incorporate Supplier Performance Feedback

Strengthening Relationships Through Strategic Supplier Engagement
• Develop Collaborative Communication Channels
• Offer Regular Training and Support
• Implement Joint Risk Management Workshops

Enhancing Supply Chain Resilience With Diversification Strategies
• Identify Alternative Suppliers
• Evaluate Geographical Risks
• Incorporate Flexibility in Contracts

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APICS ,CLE (Please check the Detailed Credit Information page for states that have already been approved) ,ISM ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

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Art Hall-Alvarez & Marsal

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Professional Services Agreements in Construction Live Webinar

5 Ways to Build a Supplier Management Risk Program (OnDemand Webinar)

$199.00

SKU: 406045EAU

Description

Learn more on the major types of contribution strategies that can help overall ERM success.With between 40 to 80 of a typical organization’s operational footprint now taking place outside of the company’s walls it is imperative that a procurement team must deeply impact the field of Enterprise Risk Management (ERM). How do leading procurement groups ensure visibility into supplier financial stability, proper compliance with governmental watchlists, vetted insurance protections, supplier performance, force majeure risks, and other realworld exposures? This topic shares leading practices that any group can use to create a comprehensive Supplier Risk Management Program which is regarded by many as the highest ROI contribution of any ERM investment.

Date: 2019-08-15 Start Time: End Time:

Learning Objectives

The Importance of Enterprise Risk Management (ERM)
• What Is Enterprise Risk Management (ERM); ERM Theory • Methods of Managing Risk
• ERM Theory • Methods of Managing Risk
• Examples of Risk in the Value Chain
• How Can Procurement Contribute to an ERM Strategy?

Examples of Supply-Related Risk in Three Types of Organizations

Five Practical Techniques to Manage Supplier Risk
• Be More Strategic in Contracting
• The Risk Trifecta
• Optimize Supplier Portfolio and Redundant Capacity
• Visibility Into Supplier Financial Stability and Governmental Compliance
• Diligence in Supplier/Contractor Capabilities and Performance

Lessons Learned • Methods to Accomplish Excellence

No Credit Available

Mark J. Trowbridge, CPSM, C.P.M., MCIPS-Strategic Procurement Solutions, LLC