Program Overview
This program is designed to empower procurement and supply chain professionals with the tools, frameworks, and real-world strategies to proactively manage the complex risks inherent in global sourcing. It covers geopolitical instability, trade wars, foreign exchange (FX) risk, port congestions, lead time variability, and supplier reliability. Participants will learn to create sourcing risk heatmaps, deploy mitigation levers like multi-sourcing, hedging, and near-shoring, and use predictive indicators for disruption management. Through simulations and case discussions, the training drives readiness for uncertainty across global procurement networks.
Features
- Build a sourcing risk matrix covering geopolitical, FX, and logistics-related exposures.
- Analyze and interpret early warning indicators for global supply disruptions.
- Apply hedging, dual sourcing, inventory buffers, and INCOTERM adjustments to reduce risk.
- Integrate risk mitigation strategies into sourcing contracts and supplier scorecards.
Target audiences
- Global Sourcing Managers
- Risk Management Teams
- SCM Heads
- Compliance & Legal Support Teams
Curriculum
- 5 Sections
- 25 Lessons
- 2 Days
Expand all sectionsCollapse all sections
- Mapping Global Sourcing Risk Types5
- 1.1Concepts: Risk typology – geopolitical, FX, logistics, regulatory
- 1.2Key Terms: Trade War, FX Exposure, Supply Chain Resilience, Volatility Index (VIX)
- 1.3Situational Focus: Supplier reliability post-political disruption
- 1.4Case Based Example: Components stuck in transit during Suez Canal blockage
- 1.5Exercise: Risk landscape mapping by region & category
- Geo-political & Trade Compliance Risk5
- 2.1Concepts: Sanctions, Export Controls, Political Risk Insurance
- 2.2Key Terms: OFAC, BIS, Dual-use Goods, Global Trade Compliance
- 2.3Situational Focus: Sourcing from countries under shifting trade treaties
- 2.4Case Based Example: Sudden impact of Russia sanctions on energy sector procurement
- 2.5Exercise: Country risk profile comparison + response planning
- FX Exposure & Risk Mitigation Tools5
- 3.1Concepts: Transactional vs Translational Risk, Forward Contracts, Options
- 3.2Key Terms: Hedging Strategy, FX Swaps, Natural Hedging
- 3.3Situational Focus: Budget blowout due to unhedged import contract
- 3.4Case Based Example: Hedging structure for multi-currency global supplier contract
- 3.5Exercise: Basic FX hedge simulation using historical INR/USD trends
- Lead Time Volatility & Buffer Strategies5
- 4.1Concepts: Safety Stock, Reorder Point, Lead Time Distribution, VMI
- 4.2Key Terms: Bullwhip Effect, Dual Sourcing, Pipeline Inventory
- 4.3Situational Focus: 8-week delay impact from Chinese factory shutdown
- 4.4Case Based Example: Aerospace firm reshaping inbound buffer strategies
- 4.5Exercise: Lead time vs Inventory trade-off simulation (using Excel)
- Building Risk-Aware Global Sourcing Strategies5
- 5.1Concepts: Risk-adjusted TCO, Risk Scoring, Resilience Index
- 5.2Keywords: Nearshoring, Localization, China+1, Decoupling Strategy
- 5.3Situational Focus: Cost vs resilience trade-offs in post-pandemic world
- 5.4Real-life Insight: Shift from 80:20 China-centric sourcing to diversified model
- 5.5Exercise: Sourcing diversification strategy role-play (with finance & ops POVs)
Instructor
