Risk Management in Procurement Course
4.9 ★★★★★ 350+ reviews
Learn the essential knowledge you need to manage risks, with a focus on strategies across key areas such as financial, operational, ESG, and legal. Gain familiarity with the specific risks procurement professionals face daily, understand the risk cycle, and develop your own risk management strategy.
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Personalized Learning Journey
Unique learning paths based on team goals
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Blended Learning
Self-paced learning combined with live sessions
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Measurable Results
Actionable strategies for tangible outcomes
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Self-Paced Learning
6-8 hours study time, 29 Video Lessons
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Accredited Certification
Personalized certificate after completion
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Money-back Guarantee
Try it for 60 days risk-free
Course Learning Goals
- ✓This course teaches you how to interpret and use the Enterprise Risk Management Framework. You will dive deep into understanding how to wield this framework, tailoring it to empower procurement processes in businesses of every size.
- ✓ This course shows you how to use the tools for performing the risk management lifecycle. You will learn to navigate the full risk management cycle with precision, from spotting risks to implementing powerful mitigation strategies, to enhance your procurement results.
- ✓The course will enable you to apply tips in specific areas of risk. You will gain actionable insights for tackling risks across key areas, including ESG, operations, and finance, while sharpening the essential soft skills for risk management success.
The Perfect Fit For
This course is mainly designed for procurement professionals in mid-level roles. It requires a solid foundation in procurement to understand the methodologies, frameworks, and the context in which risk management takes place. Senior managers can also benefit from this course, as it may serve as a helpful refresher of knowledge or an enhancement to their current processes.
Key Procurement Skills
Course Curriculum
Module 1:
Introduction to Risk Management
- Understanding the Risk Management Framework and Risk Types
- Recognizing the Business Consequences of Unmanaged Risks
- Learning the Core Principles of Risk Management
This module will lay the foundation of risk management in procurement. We will dive deep into the critical principles and practices of risk management. You will be introduced to the overarching concepts of risk identification, assessment, mitigation, and monitoring, all crucial for safeguarding procurement operations.
- 9 Video Lessons
- Usable Templates
- Extra Reading Materials
- Practical Case Studies
Module 2:
Risk Identification and Analysis
- Applying Risk Identification Techniques
- Analyzing Risk Probability and Impact
- Managing Supplier-Related Risks
This module starts with the first two steps of the risk cycle: Identify and Assess. It will help you apply risk identification techniques and perform risk assessments based on impact and probability. Additionally, since supplier-related risks are an important focus, you will learn how to define and assess risks associated with suppliers at every stage of their lifecycle.
- 6 Video Lessons
- Editable PowerPoint Template
- Extra Reading Materials
- Practical Case Studies
Module 3:
Risk Mitigation Strategies
- Developing Effective Risk Response Strategies
- Managing Financial, Operational, and Legal Risks
- Understanding and Addressing ESG Risks
- Applying Advanced Techniques Like Scenario Planning
In this module, we will transition from identifying and assessing risks to actively mitigating and managing them. This critical phase of the course introduces you to a range of strategies and practical approaches for minimizing the impact of identified risks on your procurement processes. This module covers the 4 main risk management strategies: accepting, avoiding, transferring, and reducing risks. We will also explore what procurement risks are and what their potential impact would be if materialized.
- 8 Video Lessons
- Usable Templates
- Extra Reading Materials
- Practical Case Studies
Module 4:
Implementing and Monitoring Risk Management Plans
- Creating and Implementing a Risk Management Plan
- Conducting Ongoing Risk Evaluation and Monitoring
- Developing the Soft Skills Needed for Risk Management
In this module, you will learn what makes a good risk management plan and what should be included in it. You will learn the practical steps for activating your risk management strategies and the ongoing process of risk monitoring. This module will help you develop your own comprehensive risk management plan and communicate it effectively. You will also apply the monitoring principles learned in this course to ensure the successful implementation of your plan.
- 6 Video Lessons
- Usable Templates
- Extra Reading Materials
- Practical Case Studies
Get to Know Your Instructor
Zoya Chechulina
Zoya is a senior professional with 20+ years of international experience in procurement, compliance, business transformation, and risk management. She has held senior roles in FMCG multinationals and consulting and is passionate about empowering professionals with practical tools to excel in global operations.
Experience:
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20+ YearsProven expertise across procurement, compliance, and transformation.
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FMCG Leaders19 years at Mondelez International, 1.5 years at Mars.
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Consulting & Advisory4+ years as a consultant across industries.
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Global ProjectsLed international, multi-cultural projects and shared service centers.
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Risk & ComplianceExtensive experience in risk management, business continuity, CSR, and human rights.
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Transformation & DevelopmentDriving organizational change and talent development worldwide.
Expertise:
Previous Clients:
Our Services
How Do We Train Teams
Pricing
Choose a plan that’s right for you
OPTION 1
SELF-PACED E-LEARNING
Online Courses For Procurement Success
This team plan includes access to:
- 21 Courses + All Future Courses
- Tailored Learning Plan
- 12-month Access
- Access to Template Library (54 Templates)
- Certificate after completion
Price starts at for 2 members
OPTION 2
BLENDED E-LEARNING WITH LIVE SESSIONS
Online Courses + Live Sessions
This team plan includes access to:
- Includes all of Option 1
- Pre- and Post-Skills Assessment
- 5 Live Team Sessions
- Team Learning Consultant
Price starts at for 2 members
Single Course
Targeted training for tangible results. Build the critical skills to advance a procurement career.
/ year
Enroll NowFull Access
One plan. All courses. Unlimited potential. for individuals who want to build well-rounded procurement expertise.
Client Success Stories
Build Better With Procurement Tactics
Discover how our courses have helped teams save time, close better deals, and lead with confidence.
Curious about what we could do for you?
In just 30 minutes, you can discover how we can help and explore cases similar to yours. We’ll cover:
What to expect:
- Your specific needs and challenges
- How Procurement Tactics has supported teams like yours
- A demonstration of our learning method
- Helping you decide what’s best for you
Pim Herremans 
Schedule a demo
Frequently Asked Questions
We have put together some frequently asked questions
Will I get a certificate?
+ other popular questions
What is Procurement Tactics?
+ our mission and vision
How do the courses work?
+ turning theory into practice
What happens after I enroll my team?
After you complete your payment, you’ll first receive an email with your invoice, followed by another email with access to our study environment. Your instructor will then contact you to schedule a kickoff session. You’ll also get login details for Teachable, the platform we use for our courses. Once you complete all the lessons, you’ll receive your certificate.
How do I know which courses to take?
You can find out which courses are right for you by completing this assessment: T-Shaped Procurement Assessment. The results will be shown right away.
If you purchased full access or a team plan, please use this link instead: Learning Journey Assessment. After completing it, reach out to our sales manager, Pim, to discuss your results. These results take 1–2 days, as we carefully review your answers to create the best course lineup for you.
What’s included in a subscription?
It depends on the plan you choose. You can check the pricing section to see what’s included in each subscription tier.
How does payment work?
You can pay either by card or invoice. For card payments, your plan is activated right away. Within a few minutes, you’ll receive an email with instructions on how to log in to the platform. If you don’t get it, please contact us at team@procurementtactics.com and we’ll help you right away.
If you prefer to pay by invoice, please contact us at team@procurementtactics.com and we’ll guide you through the process.
Note: Invoice payments can be settled by wire transfer within 30 days.
How do I get a tailored learning plan?
You can get a personalized learning plan by completing our assessment. Schedule a demo to start this process.
How does the training fit into daily work?
Our courses are self-paced, so you can learn whenever it fits your schedule. You don’t have to finish everything in one go. Many learners study during free time at work or after office hours.
The lessons are designed to be practical and engaging, so learning feels smooth and natural. You can progress at your own pace, wherever and whenever it works best for you.