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NITA AccreditedIntermediatePhysical + Virtual5 daysTOSR631

Training on Supplier Risk & Third-Party Management

Build strong supplier risk and third-party management capabilities to reduce disruption and compliance risk.

Next intake

20 Jul 2026 · Dakar

View all dates

Duration

5 days

Live instruction

Delivery

Physical + Virtual

Cohort based

Level

Intermediate

Working professionals

Certification

NITA reimbursable

For Kenyan cohorts

Language

English

All materials

Overview

About this programme

This course equips professionals with the knowledge and frameworks required to identify, assess, manage, and monitor supplier and third-party risks across the procurement and supply chain lifecycle. Participants gain a structured understanding of third-party risk categories, due diligence, ongoing monitoring, governance, and response strategies. The course supports resilient operations, regulatory compliance, and value-driven supplier relationships in increasingly complex and interconnected ecosystems.

Duration

5 Days

Who Should Attend:

  • Procurement and supply chain professionals

  • Vendor and third-party risk managers

  • Contract and supplier relationship managers

  • Risk, compliance, and internal audit professionals

  • Finance and operations managers overseeing suppliers

Learning outcomes

What you'll walk away with

By the end of the course, participants will be able to:

  • Identify and categorize supplier and third-party risks

  • Conduct effective due diligence and risk assessments

  • Design risk-based supplier onboarding and monitoring processes

  • Integrate supplier risk management into procurement strategy

  • Strengthen governance, controls, and escalation mechanisms

Course modules

What we cover, module by module

Module 1: Supplier & Third-Party Risk Management Overview

  • Definition and scope of third-party risk
  • Types of supplier risks: operational, financial, compliance, ESG, cyber
  • Regulatory and governance expectations
  • Case Study: Supplier failure disrupting operations
  • Practical: Mapping third-party risks across the supply chain

Module 2: Supplier Due Diligence & Risk Assessment

  • Risk-based due diligence frameworks
  • Financial, operational, and compliance assessments
  • Risk scoring and segmentation
  • Case Study: Inadequate due diligence leading to losses
  • Practical: Designing a supplier risk assessment matrix

Module 3: Contractual Risk Controls & Onboarding

  • Risk-related contract clauses and safeguards
  • Service levels, audit rights, and exit provisions
  • Secure supplier onboarding processes
  • Case Study: Weak contracts exposing the organization
  • Practical: Identifying risk controls in supplier contracts

Module 4: Ongoing Monitoring, Performance & Incident Management

  • Continuous monitoring and early warning indicators
  • Supplier performance reviews and issue management
  • Managing incidents and supplier remediation
  • Case Study: Escalation failures in supplier incidents
  • Practical: Developing a supplier monitoring dashboard

Module 5: Governance, Integration & Resilience

  • Roles, responsibilities, and oversight structures
  • Integration with procurement, risk, and compliance functions
  • Building resilient and diversified supplier ecosystems
  • Case Study: Governance gaps in third-party risk management
  • Practical: Creating a supplier risk governance framework
Impact

Where the change lands

Personal Impact:

  • Improved risk assessment and supplier management skills

  • Enhanced confidence in managing third-party relationships

  • Stronger collaboration with risk, legal, and compliance teams

Organizational Impact:

  • Reduced supplier-related disruptions and losses

  • Stronger compliance and governance

  • More resilient and sustainable supplier networks

Dates and locations

Upcoming intakes

Every intake is limited to a small cohort. Booking closes when a date fills or three weeks before the start, whichever comes first.

Full calendar
FAQs

Common questions.

Still not sure? Send us a note and a facilitator will get back to you within a business day.

The risk arising from an organization’s reliance on external suppliers, vendors, or service providers.

Course finder

Find the right course for you

Prefer to talk it through? Send us an enquiry and a facilitator will scope a fit within a business day.

For corporate teams

Training 10+ professionals?

We deliver Training on Supplier Risk & Third-Party Management in-house at your offices, at a venue we arrange, or fully virtual. Customise the curriculum against your KPIs, and get a bespoke price for the cohort size you need.