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As part of Enterprise Risk Management, purchasing departments, should define their framework in terms of types of risk they face, risk appetite (risk level), and tools to measure the risk.
They need to calculate the impact of risks in the company.  They need to provide governance to make sure processes are followed, the risks are tracked and mitigation plans are in place and implemented.

To assist you in implementing these types of processes in your organization, the Next Level Purchasing Association (NLPA) is hosting a webinar entitled “Risk Management in Purchasing.” This webinar will introduce you to methods of being successful at these activities and will address at least four risk types: Supplier Risk, Product/Service Risk, Business Risk and Commodity Risk.  You will also learn the different risk drivers for each risk type.
The presenter for this webinar will be Paulo Moretti, Principal of PM2 Consult – a consulting firm that helps companies develop work processes and tools to move purchasing organizations forward to Best-in-Class.
The webinar will be held on Tuesday October 30, 2012 at 11:30AM Eastern US time.  This webinar is free to all members of the NLPA and membership in the NLPA itself is free and instant.

Here’s how to register for the webinar:

If you’re already an NLPA member: Go to
http://www.NextLevelPurchasing.com/login.html, log into the members’ area, and navigate to the “Webinars” tab. There you’ll find a registration link, be sure to enter a valid email address as attendance details will be sent to you by email.

If you’re not yet an NLPA member: Sign up for your free membership in the Next Level Purchasing Association at https://www.nextlevelpurchasing.com/procurement-association.php?pcb. After doing so, you’ll receive an email with information about how to log in. After logging in, navigate to the “Webinars” tab. There you’ll find a registration link, be sure to enter a valid email address as attendance details will be sent to you by email.

Registration is free but may be limited, so sign up soon to ensure access to this event. I hope that you will join me for this exciting webinar!

To Your Career,
Charles Dominick, SPSM, SPSM2
President & Chief Procurement Officer – Next Level Purchasing Association
Author – The Procurement Game Plan
Struggling To Have A Rewarding Purchasing Career?
Earn Your SPSM® Certification Online At
www.NextLevelPurchasing.com

Charles Dominick, SPSM, SPSM2, SPSM3

Charles Dominick, SPSM, SPSM2, SPSM3 is an internationally-recognized business expert, legendary procurement thought leader, award-winning entrepreneur, and provocative blogger. Charles founded the Next Level Purchasing Association in 2000, oversaw its incredible growth, and successfully led the organization to its acquisition by the Certitrek Group in 2016. He continues to blog and provide advisory services for the NLPA on a part-time basis as he incubates his upcoming business innovations. Charles is also the co-author of the wildly popular, groundbreaking book, "The Procurement Game Plan: Winning Strategies & Techniques For Supply Management Professionals."

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