Managing Procurement Risk

Recent events during the Covid-19 pandemic have demonstrated more clearly than ever how a failure to plan in the field of procurement and supply can lead to organization-wide failures. With end-users complaining of shortages of personal protective equipment (PPE) health authorities across the world have scrambled to obtain face masks and shields, gowns, gloves as well as ICU ventilators to meet the sudden, urgent demand. This training workshop will look at the management of healthcare procurement as a case study in procurement risk management and learn lessons from the failures and successes of various healthcare organizations in managing this aspect of the coronavirus crisis.

• What risks should procurement be considering?
• A process to identify, analyse and respond to priority risks
• Important supply chain risks – case study
• How to manage risks that turn into reality

This training workshop is suitable for:

• Procurement Officers, analysts and managers.
• Contract Engineers and analysts.
• Quantity Surveyors
• Commercial advisers
• Procurement team members
• General managers
• Executives tasked with managing contracts.
• Contract Administrators
• Anyone who wishes to have a good understanding and involvement in purchasing activities.

Upon completion of this training workshop, you will have:

• refreshed your skills in risk management principles.
• considered the healthcare case study on failures in managing procurement risks.
• discussed lessons learned from the coronavirus crisis and its relevance to procurement excellence.