Vendor Risk Management Training

Vendor Risk Management is a structured approach to analyze and control risks arising to the organization from third parties. Mainly third parties are: Vendors Customers Joint ventures Counterparties Fourth Parties Third-party relationships can be a significant source of enterprise risk.

A sample training agenda on Vendor Risk Management can include the following:

• Outsourcing – Major Risks
• Material Outsourcing contracts
• Vendor Evaluation
• Vendor Rating
• Relationship Monitoring
• Periodic review of vendor processes
• Monitoring and Reporting of Outsourcing arrangements
• Importance of Business continuity of the vendor
• Risk Analysis of Material Outsourced Contracts
• Reputation Risk runs high in Outsourced arrangements

The training agenda and duration is customizable based on client requirements. The training can be provided at the client office or even online as required.

PLEASE NOTE: This training is meant only for corporates.