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Learn the 5 step Risk Management Process for Business, Procurement and Supply by SLIM

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This structured 5 steps Risk Management Process will learn you the risks on your business, procurement and supply and reduce unexpected high costs.
Also define the likelihood level of appearance and impact or severity.
To set-up the countermeasures to be taken and in what cases to mitigate the risk impact and reduce unexpected costs.
To plan and follow-up on countermeasures and mitigation of the risks.

Learn the 5 step Risk Management Process for Business, Procurement and Supply by SLIM

  1. 1. 23/04/2014 1 The 5 Step Risk Management process © Copyright SLIM for Procurement and Supply Chain Roland D’Aubioul SLIM – Senior and Lean Interim Management www.slimanagement.com
  2. 2. The 5 step Risk Management Learn how to Identify Risks and Limit the damages Workshop with Cases for Business, Procurement and Supply Chain Roland D’Aubioul Procurement and Supply Chain – Senior Consultant SLIM – Senior and Lean Interim Management “Risk comes from not knowing what we are doing” Roland D’Aubioul - Procurement and Supply Chain Risk Management - © Copyright SLIM
  3. 3. “You can manage and limit the consequences of a risk… …not remove!” Roland D’Aubioul - Procurement and Supply Chain Risk Management - © Copyright SLIM 3
  4. 4. Roland D’Aubioul - Procurement and Supply Chain Risk Management - © Copyright SLIM 4 Training and Workshop Agenda (AM) Morning Session 8h30>12h (Tea/coffee break: 15min) Introduction A look at Global Risks What is a Risk and Risk Management ? What are the most optimum costs to reduce Risks? How can we respond (act) to a Risk? How to limit/reduce Risks to “Stay in Business” ? The top-10 Business Risks (survey and most underestimated) How the Risk Management process should be run? What are the Business Risks Factors? Case study explained: From a company “X”. Contingency planning and view of “X-company”. How X handled their Risks? What kind of Strategy they applied for the individual items of Risk? Learn about The 5 step Risk Management Proces Identify risks, Quantify risks, Identify countermeasures, Implement countermeasures, Monitor & Review. … /… Lunchtime : 12h till 13h
  5. 5. Roland D’Aubioul - Procurement and Supply Chain Risk Management - © Copyright SLIM 5 Training and Workshop Agenda (PM) Afternoon Session 13h>17h (Tea/coffee break of 15min) …/… Continuing: The 5 step Risk Management Process How to define the Risk Matrix and assign a Risk Rating? What kind of response strategy to apply for each Risk Category? Successful Risk Management, what does it contain? A summary of ISO 31000 Risk Management & other standards. Specific Supplier Risk Assessment and Management tool. Case study: From a Global “Y” Company Their “Supplier Risk Assessment” Tool (SRA) What are the different Criteria they focuses on? How to use this SRA tool? Review example of an SRA tool completely worked-out. Q&A
  6. 6. “Whatever can go wrong will go wrong“ Murphy's Law Roland D’Aubioul - Procurement and Supply Chain Risk Management - © Copyright SLIM 6
  7. 7. 8 Business Risk Factors ❖Nature ❖Origin ❖Drivers Roland D’Aubioul - Procurement and Supply Chain Risk Management - © Copyright SLIM Financial Risks Strategic Risks Operational Risks Hazard Risks INTERNALY DRIVEN See workshop EXTERNALY DRIVEN EXTERNALY DRIVEN See workshop See workshop See workshop See workshop
  8. 8. “If there's a 50% chance of something going wrong, then 9 times out of 10 it will" Anon 9Roland D’Aubioul - Procurement and Supply Chain Risk Management - © Copyright SLIM
  9. 9. Get the optimum security at minimum cost 10Roland D’Aubioul - Procurement and Supply Chain Risk Management - © Copyright SLIM
  10. 10. 11 Risk Management is Procurement’s 3th major skill 1. Increase value and save costs 2. Buying in of innovations 3. Manage risks Roland D’Aubioul - Procurement and Supply Chain Risk Management - © Copyright SLIM
  11. 11. 13 Source: Survey Risk management in Procurement – BrainNet Roland D’Aubioul - Procurement and Supply Chain Risk Management - © Copyright SLIM Procurement Risk management map
  12. 12. Run The Risk Management ! Roland D’Aubioul - Procurement and Supply Chain Risk Management - © Copyright SLIM
  13. 13. The 5 step Risk Management process 15Roland D’Aubioul - Procurement and Supply Chain Risk Management - © Copyright SLIM 1. Identify risks Step 1 3. Identify countermeasures Step 3 4. Implement countermeasures Step 4 5. Monitor and Review Step 5 2. Quantify risks Step 2 (Likelihood + Impact) Step 1 – 5 Risk Assessment & Formal Audits
  14. 14. This structured 5 steps will learn you: WHAT? • the risks on your business, procurement and supply • the likelihood level of appearance and their impact or severity • the countermeasures to be taken and in what cases • to mitigate the risk impact and reduce unexpected costs • plan and follow-up on countermeasures and mitigation of the risk HOW? • by participating in this course and workshop with cases, management tool for identification, registration and follow-up of the assessment
  15. 15. Learn to apply the Supplier Risk Assessment Tool 17Roland D’Aubioul - Procurement and Supply Chain Risk Management - © Copyright SLIM
  16. 16. Thank You for your attention! Strategic Procurement and Supply Outsourcing and Operations Efficiency and Cost Improvements Support and Advice Lectures and Trainings roland@slimanagement.com www.slimanagement.com Roland D’Aubioul Roland D’Aubioul - Procurement and Supply Chain Risk Management - © Copyright SLIM
  17. 17. 19 “A good risk management process is an essential part of being in business." Roland D’Aubioul - Procurement and Supply Chain Risk Management - © Copyright SLIM

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