Introduction

In today's interconnected financial ecosystem, Procurement and Supply Chain Risk represent significant vulnerabilities that Savings and Credit Cooperative Organizations (SACCOs) must proactively identify, assess, and mitigate. Beyond the direct sourcing of office supplies, SACCOs increasingly rely on a complex network of external vendors for critical services such as IT infrastructure, software solutions (e.g., core banking systems), security services, marketing, and even specialized consulting. Any disruption or failure within this supply chain, whether due to supplier insolvency, data breaches, quality issues, or geopolitical events, can severely impact a SACCO's operations, financial stability, regulatory compliance, and most importantly, member trust. A robust approach to procurement and supply chain risk management ensures the continuity of essential services, protects sensitive member data, and upholds the SACCO's reputation, fostering resilience in the face of unforeseen challenges. Without a clear strategy for managing Procurement and Supply Chain Risk for SACCOs, these vital institutions risk operational paralysis, financial losses, and significant reputational damage, underscoring the vital need for specialized expertise in this critical domain. This comprehensive training course focuses on equipping professionals with the expertise to master Procurement and Supply Chain Risk for SACCOs.

This training course is meticulously designed to empower SACCO management, procurement officers, IT managers, risk managers, compliance officers, and internal auditors with the theoretical understanding and practical skills necessary to develop, implement, and oversee effective Procurement and Supply Chain Risk Management frameworks within SACCOs. Participants will gain a comprehensive understanding of various procurement risks, learn about supplier due diligence and performance management, explore methodologies for assessing the financial and reputational impact of supply chain disruptions, and acquire hands-on experience in developing risk mitigation strategies and business continuity plans. The course will delve into topics such as identifying critical suppliers, contract management best practices, cybersecurity risks in the supply chain, regulatory compliance in procurement, ethical sourcing, incident response planning, and the crucial aspects of fostering a risk-aware culture across all procurement activities. By mastering the principles and practical application of Procurement and Supply Chain Risk for SACCOs, participants will be prepared to enhance operational resilience, protect organizational assets, ensure regulatory adherence, and contribute significantly to the long-term security and success of their cooperative.

Duration: 5 Days

Target Audience

• SACCO Managers and CEOs
• Procurement Officers/Managers
• Supply Chain Professionals
• Risk Managers and Analysts
• IT Managers
• Compliance Officers
• Internal Auditors
• Legal Advisors (involved in contracts)
• Operations Managers
• Strategic Planning Teams

Objectives

• Understand the fundamental concepts of procurement and supply chain risk management for SACCOs.
• Learn to identify and assess various types of procurement and supply chain risks.
• Acquire skills in conducting thorough supplier due diligence and selection.
• Comprehend techniques for managing contractual risks and supplier relationships.
• Explore strategies for mitigating operational disruptions and ensuring business continuity.
• Understand the importance of cybersecurity and data privacy in the supply chain.
• Gain insights into regulatory compliance and ethical considerations in procurement.
• Develop a practical understanding of implementing a robust supply chain risk management framework.

Course Content

Module 1: Introduction to Procurement and Supply Chain Risk

• Definition of procurement and supply chain in a SACCO context.
• Understanding the critical role of procurement in SACCO operations.
• Overview of common procurement risks (e.g., supplier failure, price volatility, quality issues).
• Overview of supply chain risks (e.g., disruptions, geopolitical, cyber threats).
• The impact of procurement and supply chain risks on SACCOs (financial, operational, reputational).

Module 2: Identifying and Assessing Procurement Risks

• Risk identification methodologies (e.g., brainstorming, checklists, risk registers).
• Categorizing procurement risks (financial, operational, reputational, legal, compliance).
• Risk assessment techniques: likelihood and impact analysis (risk matrix/heat map).
• Analyzing single points of failure in the supply chain.
• Utilizing data analytics for risk identification and early warning systems.

Module 3: Supplier Risk Management and Due Diligence

• Developing a comprehensive supplier risk assessment framework.
• Conducting thorough supplier due diligence: financial stability, operational capability, reputation.
• Prequalification and ongoing evaluation of suppliers.
• Diversifying the supplier base to reduce dependency.
• Building strong, collaborative relationships with key suppliers.

Module 4: Contract Management and Legal Risks

• Best practices in drafting and reviewing procurement contracts.
• Key contractual clauses for risk mitigation (e.g., SLAs, force majeure, termination clauses).
• Managing contract compliance and performance monitoring.
• Legal and regulatory risks in procurement (e.g., anti-corruption, data protection).
• Dispute resolution mechanisms in supplier contracts.

Module 5: Operational and Resilience Risks in the Supply Chain

• Identifying vulnerabilities in the SACCO's operational supply chain.
• Planning for supply chain disruptions (e.g., natural disasters, pandemics, strikes).
• Developing business continuity and disaster recovery plans related to supply chain.
• Inventory management considerations for critical supplies.
• Ensuring the resilience of essential services provided by third parties.

Module 6: Cybersecurity and Data Privacy in the Supply Chain

• Understanding cybersecurity threats originating from third-party vendors.
• Assessing vendor security postures and controls.
• Data privacy and compliance requirements for third-party data access.
• Implementing security clauses in vendor contracts.
• Managing access controls and monitoring third-party system integrations.

Module 7: Regulatory Compliance and Ethical Sourcing

• Overview of relevant procurement laws, regulations, and cooperative policies.
• Ensuring compliance with anti-money laundering (AML) and anti-bribery policies in procurement.
• Ethical sourcing principles and combating fraud and corruption.
• Developing and enforcing conflict of interest policies for procurement personnel.
• Audit trails and documentation requirements for procurement activities.

Module 8: Implementing and Monitoring a Supply Chain Risk Framework

• Steps for developing a comprehensive supply chain risk management framework for SACCOs.
• Roles and responsibilities in supply chain risk management.
• Integrating supply chain risk into the SACCO's overall Enterprise Risk Management (ERM).
• Continuous monitoring and periodic review of supply chain risks.
• Fostering a risk-aware culture and ongoing training for staff.

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: info@skillsforafrica.org, training@skillsforafrica.org  Tel: +254 702 249 449

Training Venue

The training will be held at our Skills for Africa Training Institute Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Skills for Africa Training Institute certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: info@skillsforafrica.org, training@skillsforafrica.org  Tel: +254 702 249 449

Terms of Payment: Unless otherwise agreed between the two parties’ payment of the course fee should be done 10 working days before commencement of the training.