Advanced Certificate in Strategic Sourcing Module 3: Sourcing and Risk Management

Training Provider: SINGAPORE MANAGEMENT UNIVERSITY
Course Reference: TGS-2023040440
S$600
Original: S$2,000
Save S$1,400

About This Course

At the end of the 2-day module, participants will be able to:
• Know the process of sourcing
• Appreciate the intricacies of the different stages of sourcing
• Understand the different types of enterprise and procurement risks
• Manage the procurement sourcing efficiently while mitigating the possible risks identified

What You'll Learn

Although seemingly unrelated, risk affects many aspects of the sourcing process. It is therefore imperative to identify the risks involved right from the start of the procurement lifecycle and to effectively monitor and manage them in order to ensure the smooth and successful running of purchasing operation. This module shows how sucessful prevention and mitigation of risks is integral to sourcing as any other process. After attending the module, participants will be able to appreciate how vital it is to take risk into account during sourcing activites as failing to do so will result in disruption across procurement processes.

Entry Requirements

Participants should preferrably be
• conversant in English, both spoken and written
• proficient in MS Office

Course Details

Duration 17 hours
Language English
Training Commitment Not specified
Total Enrolled 41 students
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Note: To apply for this course, visit the SkillsFuture website or contact the training provider directly.

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