Course Overview
Supplier-related risks are among the most critical challenges in modern supply chains. Disruptions caused by financial instability, geopolitical changes, natural disasters, or compliance issues can severely affect business performance. Organizations must proactively identify supplier risks and establish contingency measures to ensure resilience.
This Supplier Risk Analysis & Contingency Planning Training Course provides participants with structured frameworks and tools to evaluate supplier risk profiles, conduct due diligence, and create contingency strategies. Participants will also explore supplier diversification, risk-sharing contracts, and business continuity planning aligned with ISO standards.
Through case studies, workshops, and simulations, participants will gain practical experience in mapping supplier risks and designing mitigation strategies that support business continuity.
Course Benefits
Identify risks associated with suppliers and vendors.
Build robust contingency plans for supplier disruptions.
Improve resilience of supply chain operations.
Ensure compliance with global risk management frameworks.
Strengthen supplier relationships through proactive management.
Course Objectives
Understand the categories of supplier risks (financial, operational, compliance, geopolitical).
Apply tools and models for supplier risk analysis.
Conduct supplier audits and due diligence assessments.
Design contingency and continuity strategies for supplier disruptions.
Use scenario planning and predictive analytics for risk forecasting.
Align supplier risk management with organizational objectives.
Strengthen governance and accountability in supplier management.
Training Methodology
The course uses lectures, supplier case studies, simulation exercises, and group workshops. Participants will practice supplier risk mapping, scenario planning, and contingency strategy design.
Target Audience
Procurement and sourcing managers.
Supplier relationship and vendor management officers.
Risk and compliance professionals.
Supply chain and logistics managers.
Target Competencies
Supplier risk evaluation.
Contingency and continuity planning.
Supplier performance monitoring.
Risk mitigation and resilience strategies.
Course Outline
Unit 1: Introduction to Supplier Risk
Understanding supplier-related risks in global supply chains.
Categories of supplier risks: financial, operational, compliance, geopolitical.
The cost of supplier failures.
Case study: supplier disruption impacts.
Unit 2: Tools and Models for Supplier Risk Analysis
Risk matrices and scoring models.
Financial health and stability assessments.
Supplier dependency and criticality analysis.
Workshop: supplier risk profiling.
Unit 3: Supplier Audits and Due Diligence
Supplier qualification and verification processes.
Auditing compliance with standards and regulations.
Monitoring ESG and sustainability risks.
Case example: audit-based risk mitigation.
Unit 4: Contingency Planning for Supplier Disruptions
Principles of ISO 22301 for continuity planning.
Developing backup and alternative supplier strategies.
Contractual risk-sharing mechanisms.
Simulation: supplier disruption response plan.
Unit 5: Scenario Planning and Predictive Risk Analytics
Forecasting risks using predictive models.
Stress testing supply chain vulnerabilities.
Scenario planning for supplier and logistics risks.
Workshop: risk simulation exercise.
Unit 6: Governance and Accountability in Supplier Risk Management
Building supplier risk governance frameworks.
Defining roles and responsibilities in procurement risk.
Reporting and compliance mechanisms.
Practical exercise: governance structure design.
Unit 7: Building Resilient Supplier Partnerships
Diversifying supplier bases.
Collaboration for risk reduction.
Strengthening trust and transparency.
Roadmap for long-term resilience.
Ready to strengthen supplier resilience and continuity?
Join the Supplier Risk Analysis & Contingency Planning Training Course with EuroQuest International Training and secure your supply chain against disruption.