Global Learning for Operational Leaders
Classroom
14 sessions
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Online / Live
14 sessions
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Introduction
Course overview
Procurement exposes organisations to supplier failure, fraud, price volatility, compliance breaches and supply disruptions. Systematic procurement risk management protects continuity and value.
This Aractech course covers procurement risk categories, risk identification and assessment, supplier financial and operational risk, fraud and corruption risks, market and price risk, contractual mitigation, monitoring and contingency planning. Participants build a procurement risk register.
What you will achieve
Learning objectives
- Identify procurement and supply risks
- Assess risks systematically
- Evaluate supplier financial and operational risk
- Prevent procurement fraud and corruption
- Mitigate risks through sourcing and contracts
- Monitor risks and plan contingencies
Who should attend
Target audience
- Procurement managers
- Supply chain managers
- Risk managers
- Auditors
- Category managers
- Compliance professionals
Methodology
Learning approach
- Risk workshops
- Case studies
- Supplier assessment exercises
- Group discussions
- Planning
Complete course outline
Five focused days of learning and application
The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.
Day 1
Procurement Risk
- Risk categories
- Risk appetite
- Frameworks
- Coffee break
- Frameworks (continued)
- Roles
- Exercise: Risk identification
Day 2
Risk Assessment
- Assessment methods
- Risk registers
- Prioritisation
- Coffee break
- Prioritisation (continued)
- Heat maps
- Workshop: Risk register
Day 3
Supplier Risk
- Financial health
- Operational risk
- Concentration
- Coffee break
- Concentration (continued)
- Geopolitical risk
- Exercise: Supplier risk assessment
Day 4
Fraud and Market Risk
- Procurement fraud
- Corruption
- Price volatility
- Coffee break
- Price volatility (continued)
- Hedging and indexation
- Case study: Procurement fraud
Day 5
Mitigation and Monitoring
- Contract controls
- Dual sourcing
- Monitoring
- Coffee break
- Monitoring (continued)
- Contingency plans
- Capstone: Procurement risk plan
FAQ
Frequently asked questions
What does Procurement Risk Management (PSCM-032) cover?
This course covers Procurement and Supply Chain Management through a structured five-day outline focused on practical application, discussion, and implementation planning.
When is the next available session?
The next scheduled session starts on 16 - 20 November 2026. See the course schedules section for the available dates and delivery formats.
Who should attend this course?
Procurement managers, Supply chain managers, Risk managers
Is bilingual course delivery available?
Yes. All course materials and presentations are provided in English, while bilingual explanation and discussion support may be available depending on the selected location and trainer availability. For example, when attending a course in Istanbul, you may request a Turkish-speaking trainer to explain the English course content in Turkish. Arabic explanation support may also be requested at this location. Other languages are available in selected cities. You can choose your preferred language support as an optional preference during registration.
How can I register for a session?
Use any Register button next to the available course dates to open the participant registration page and submit your booking request for the selected session.
Is this course available online as well as classroom-based?
Check the course schedules section for currently published classroom and Online / Live sessions.
Where are classroom sessions delivered?
Current classroom venues include Munich, Amsterdam, Cape Town, Frankfurt, Barcelona, Rome, Paris.
How long is the training programme?
The programme runs for five days from 09:00 to 14:00, which gives 25 contact hours, including a daily 30-minute break (22.5 hours of instruction).
Quick request
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Choose an available date and venue, add your participants, and we will email a formal quotation for Procurement Risk Management to your business address.