If the thought of unseen risk lurking along your global supply chain keeps you up at night, then this course is for you. It’s impossible to eliminate all risk, but you can prepare for it by learning to identify it, analyze it, anticipate its impact and determine its probability. This must-attend seminar will help you in your quest to reduce and mitigate risk and will give you a solid understanding of risk analysis, managing risk, compliance and execution. Excel based tools and templates will be provided for weighted risk factors, financial impact and probability analysis.

Procurement is an organizational function that covers a multitude of business functions. This includes specification development, value analysis, supplier market research, negotiation, buying activities, contract administration and inventory management. This course will provide a holistic approach to managing your supply chain and drive strategic value to impact both bottom-line costs and top-line revenues. 

The objective of this course is to increase the knowledge, skills and abilities in supplier Cost Analysis and Supplier Financial Analysis. Cost analysis is a powerful tool for supply managers and can change the conversation with suppliers to open new opportunities for savings and value creation. Financial Analysis can also provide useful information that will lead to insights about whether your supplier is making too little or too much profit, whether they are generating cash or burning cash and if new risks may have arisen in recent reporting periods.