Global Certificate in Sourcing Risk Management Strategies

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The Global Certificate in Sourcing Risk Management Strategies is a comprehensive course designed to empower professionals in identifying, assessing, and mitigating risks in the sourcing process. This course is critical for professionals in today's globalized economy, where supply chain disruptions can lead to significant financial and reputational losses.

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AboutThisCourse

The course is in high demand across various industries, including manufacturing, retail, healthcare, and technology, among others. It provides learners with essential skills to navigate the complex world of sourcing and supplier management, ensuring business continuity and resilience. By the end of this course, learners will be equipped with the necessary tools and techniques to identify potential risks, evaluate their impact, and develop effective risk management strategies. They will also gain a deep understanding of supplier relationship management, contract management, and performance measurement. This certification course is a significant step towards career advancement for sourcing and procurement professionals, risk managers, and business leaders.

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CourseDetails

• Introduction to Sourcing Risk Management: Understanding the basics, principles, and importance of sourcing risk management in the global context.
• Identifying Sourcing Risks: Techniques and tools for recognizing potential risks in the sourcing process.
• Risk Assessment and Evaluation: Methodologies for assessing and prioritizing sourcing risks based on their impact and likelihood.
• Mitigating Sourcing Risks: Strategies and best practices to minimize or eliminate identified sourcing risks.
• Monitoring and Controlling Sourcing Risks: Techniques for tracking and managing sourcing risks throughout their lifecycle.
• Supplier Evaluation and Selection: Processes for evaluating and choosing suppliers based on their risk management capabilities.
• Contract Management and Negotiation: Best practices for contract development, negotiation, and management to minimize sourcing risks.
• Business Continuity Planning: Developing and implementing plans to ensure uninterrupted operations in the face of sourcing risks.
• Disaster Recovery Strategies: Techniques and plans for recovering from sourcing risks and returning to normal operations.
• Case Studies in Sourcing Risk Management: Real-world examples and best practices from successful global organizations.

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EntryRequirements

  • BasicUnderstandingSubject
  • ProficiencyEnglish
  • ComputerInternetAccess
  • BasicComputerSkills
  • DedicationCompleteCourse

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  • NotAccreditedRecognized
  • NotRegulatedAuthorized
  • ComplementaryFormalQualifications

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CourseFee

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FastTrack GBP £140
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AcceleratedLearningPath
  • ThreeFourHoursPerWeek
  • EarlyCertificateDelivery
  • OpenEnrollmentStartAnytime
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StandardMode GBP £90
CompleteInTwoMonths
FlexibleLearningPace
  • TwoThreeHoursPerWeek
  • RegularCertificateDelivery
  • OpenEnrollmentStartAnytime
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  • FullCourseAccess
  • DigitalCertificate
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GLOBAL CERTIFICATE IN SOURCING RISK MANAGEMENT STRATEGIES
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London College of Foreign Trade (LCFT)
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05 May 2025
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