Supplier Risk Management & Due Diligence Training Course

The Supplier Risk Management & Due Diligence Training Course equips procurement, supply chain, compliance, and risk professionals to manage supplier risk across the entire supply base and throughout the supplier lifecycle: identifying risks, assessing and rating them, building protections into contracts, monitoring suppliers over time, and planning for continuity and exit when a critical supplier fails. Government entities, ministries, banks, oil and gas companies, and large corporations depend on external suppliers for critical goods, services, technology, and expertise. When a key supplier fails financially, breaches regulations, suffers a cyber incident, or cannot deliver, the consequences fall directly on the organization in the form of service disruption, financial loss, legal liability, and reputational damage. Due diligence is treated here as one stage of that lifecycle, not the whole of it. Many organizations still treat supplier due diligence as a one-time registration exercise focused on documents and certificates. Risk assessments may apply the same level of scrutiny to every supplier regardless of criticality, beneficial ownership and sanctions exposure may not be verified, financial health may be checked only at onboarding, and warning signs may go unnoticed during the contract period. Responsibility for supplier risk may be divided between procurement, compliance, legal, IT security, and business units without clear coordination, leaving gaps in oversight. This course provides a practical, lifecycle-based approach to supplier risk management and due diligence. Participants learn how to segment suppliers by criticality and inherent risk, design proportionate due diligence, and assess suppliers across key risk dimensions, including financial stability, operational capability, legal and regulatory compliance, anti-bribery and corruption, sanctions and export controls, cybersecurity and data protection, environmental, social, and governance factors, geopolitical exposure, and dependency and concentration risk. The program covers practical due diligence techniques such as structured questionnaires, document verification, beneficial ownership checks, sanctions and adverse media screening, financial analysis, site visits and audits, and enhanced due diligence for high-risk suppliers. It also addresses risk rating models, contractual protections, ongoing monitoring and trigger events, remediation and exit planning, and governance and reporting of supplier risk. Throughout the five days, participants apply each tool to suppliers and categories from their own organizations. They leave with a supplier segmentation model, a due diligence questionnaire and checklist, a supplier risk rating tool, a red flags guide, a monitoring and trigger event plan, and a supplier risk management implementation plan.