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Turning Global Sourcing Risk Into a Competitive Advantage

Learn how an enterprise can limit exposure to supplier and supply chain risks while reaping the benefits of a global sourcing strategy. More and more enterprises are embarking on a global sourcing strategy in order to secure goods and services with a view to achieving the high quality, favorable pricing and on time deliveries. While a global sourcing strategy has many benefits, it has also ushered in many new types of risks, and many of them often interconnected and cumulative in nature. So how does an enterprise get the benefits of a global sourcing strategy and limit exposure to supplier and supply chain risks? In this material information will be presented to show how managing risk can provide an enterprise a competitive advantage. This can be accomplished by the establishment of a strong management system, along identification of tools, processes, analytics and subject manager experts and KPIs.


Runtime: 90 minutes
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Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Management System

  • IBM Global Procurement Profile
  • Key Elements of Management System

Segments and Drives of Risk Program for

  • Supply Continuity
  • Legal and Regulatory
  • IT/Security
  • Reputational

Key Take Aways

  • Executive Focus
  • Management System
  • Tools, Analytics, Processes, Smes
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Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This course was last revised on November 9, 2018.

Call 1-866-352-9540 for further credit information.

  • CPIM/CFPIM/CSCP 1.0
     
  • This program may qualify for 1.0 certification maintenance points toward the CSCP, CPIM and CLTD designations through The Association for Operations Management.
     
  • ISM 1.5
     
  • Participants who successfully complete this program will receive 1.5 hours of continuing education. They may be applied toward ISM CPSM, CPSD or C.P.M. recertification. ISM's consent to approve hours for this educational event is not an endorsement of this program or its content by ISM.
     

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Audio & Reference Manual

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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More Program Information

Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Louis R. Ferretti

Louis R. Ferretti

IBM

  • IBM Global Procurement, Project Executive for Supplier/Supply Chain Risk, Compliance and Environmental Programs
  • Project executive for developing and leading a host of risk and compliance programs across IBM’s global supplier network
  • Environmental Compliance, Supply Chain Social Responsibility, Conflict Minerals, Sustainability, Risk and Business Continuity Management
  • On the board of the Triangle Chapter (Raleigh, NC) of the Institute for Supply Management and also a board member of the Global Supply Chain Resiliency Council. He serves as member of the Arizona State Supply Chain Advisory Board, and as a member of the UC San Diego Institute for Supply Excellence and Innovation Outreach program
  • B.S. degree, engineering science, The City University of New York
  • Can be contacted at 919-917-6502 or [email protected]
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Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 405035
Published 2018
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