Professional training course · PSCM-032
Procurement Risk Management
Procurement exposes organisations to supplier failure, fraud, price volatility, compliance breaches and supply disruptions. Systematic procurement risk management…
- 5 daysClassroom
- 14Upcoming dates
- 7Cities
- £2,840Fees from
Course overview
Why Attend
Procurement exposes organisations to supplier failure, fraud, price volatility, compliance breaches and supply disruptions. Systematic procurement risk management protects continuity and value.
This LLMI 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.
Course 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
Target Audience
Procurement managers
Supply chain managers
Risk managers
Auditors
Category managers
Compliance professionals
Course Methodology
Risk workshops
Case studies
Supplier assessment exercises
Group discussions
Planning
Course outline
-
1Day 1: Procurement Risk
- Risk categories
- Risk appetite
- Frameworks
- Roles
- Exercise: Risk identification
-
2Day 2: Risk Assessment
- Assessment methods
- Risk registers
- Prioritisation
- Heat maps
- Workshop: Risk register
-
3Day 3: Supplier Risk
- Financial health
- Operational risk
- Concentration
- Geopolitical risk
- Exercise: Supplier risk assessment
-
4Day 4: Fraud and Market Risk
- Procurement fraud
- Corruption
- Price volatility
- Hedging and indexation
- Case study: Procurement fraud
-
5Day 5: Mitigation and Monitoring
- Contract controls
- Dual sourcing
- Monitoring
- Contingency plans
- Capstone: Procurement risk plan
Dates and fees
Questions
Frequently asked questions
How long is the Procurement Risk Management course?
The course runs over 5 days of classroom training, usually Monday to Friday.
When is the next Procurement Risk Management course?
The next public date is 16 - 20 Nov 2026 in Munich. There are 14 upcoming dates in total.
Where is this course held?
Upcoming sessions run in Munich, Amsterdam, Cape Town, Frankfurt, Barcelona, Rome, Paris.
How much does the course cost?
Fees start from £2,840 + VAT per delegate, depending on the city. Fees include tuition and course materials.
Do participants receive a certificate?
Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.
Can this course be delivered in-house for our team?
Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.
Course information last updated 14 November 2026.
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