This program takes a fresh and concise look at the subject, offering a structured approach to assessing your organisation’s PRM state-of-health and helping you doing something about it.
DurationObjective
This program takes a fresh and concise look at the subject, offering a structured approach to assessing your organisation’s PRM state-of-health and helping you doing something about it.
It is designed to improve delegates’ awareness of techniques and best practices associated with risk analysis, evaluation and mitigation in the sourcing decisions made by them and their departments.
It will equip them with a series of easy to apply risk assessment tools that can be used within a supply chain context.
Content
A clear definition and scope of procurement risk management.
Potential sources of risk to the organisation.
The difference between commercial and operational risk.
Supply chain mapping and risk assessment.
Risk elimination, avoidance and reduction techniques.
Risk transfer and mitigation strategies.
Contingency planning.
Risk assessment and control techniques.
The role of KPI’s and sound contract management in risk management and
mitigation.
The effective contract manager.
Intended for
It is designed for delegates whose role requires them to assess and model supply chain risks when undertaking ‘make or buy’, and key sourcing and performance management decisions for new and existing services and purchases.
Approach
Combination of lectures, case study and problem solving.
Institute for Supply Management, India (ISM-INDIA™) based in Gurugram (Delhi-NCR), is a not-for-profit association with chapters in all major cities of India.
ISM-INDIA™ is an affiliate of the Institute for Supply Management (ISM), which is the largest supply management institute in the world with membership base of more than 50,000 supply management professionals in 75 countries.
ISM-INDIA™, in cooperation with ISM Global aims at providing opportunities for the promotion of the Procurement & Supply Management profession and the expansion of the professional skills and knowledge.
The mission of ISM- INDIA™ is to take leadership in setting standards, bench-marking, supply management professional development, be the voice of India supply management professionals to the world and be the government advocacy for procurement & supply management.
ISM-INDIA™ also aims to provide opportunity to network with colleagues in the area of procurement, supply chain management and logistics. The members also receive access to the extensive database of information, knowledge center and discounts on its products and seminars.
The key business of ISM-INDIA™ is education, training and consultancy in the field of Procurement & Supply Management. One of its popular product is CPSM ( Certified Professional in Supply Management) certification offered by ISM Global.
ISM-INDIA™ works very closely with many MNCs, major companies & public sector of India in streamlining and professionalizing procurement & supply management activities.
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