Certificate in Third-Party Risk Management for Procurement and Supply Chain

Monday, 07 July 2025 09:48:52

International applicants and their qualifications are accepted

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Overview

Overview

Our Certificate in Third-Party Risk Management for Procurement and Supply Chain is designed to equip learners with essential knowledge and skills for success in today's dynamic digital landscape. This course offers flexibility and accessibility for students worldwide, allowing them to enhance their expertise at their own pace. With a focus on third-party risk management, students will gain a deep understanding of how to navigate challenges in procurement and supply chain operations. Whether you are a seasoned professional or new to the field, this program will provide you with the tools needed to excel in this critical aspect of business.
Enroll today and take the first step towards advancing your career!

Enhance your expertise in mitigating risks within your procurement and supply chain processes with our comprehensive Certificate in Third-Party Risk Management. This course equips you with the necessary skills to identify, assess, and manage potential risks associated with third-party vendors and suppliers. Through a combination of theoretical knowledge and practical case studies, you will learn how to develop robust risk management strategies to safeguard your organization's reputation and bottom line. Join us and become a trusted advisor in ensuring the security and reliability of your supply chain. Take the first step towards a more secure and resilient procurement process today!

Entry requirements

The program operates on an open enrollment basis, and there are no specific entry requirements. Individuals with a genuine interest in the subject matter are welcome to participate.

International applicants and their qualifications are accepted.

Step into a transformative journey at LSIB, where you'll become part of a vibrant community of students from over 157 nationalities.

At LSIB, we are a global family. When you join us, your qualifications are recognized and accepted, making you a valued member of our diverse, internationally connected community.

Course Content

• Introduction to Third-Party Risk Management • Legal and Regulatory Framework for Third-Party Risk Management • Risk Assessment and Due Diligence in Procurement • Vendor Selection and Contracting • Monitoring and Reporting on Third-Party Risks • Managing Cybersecurity Risks in the Supply Chain • Ethical Sourcing and Corporate Social Responsibility • Crisis Management and Business Continuity Planning • Supplier Relationship Management • Emerging Trends in Third-Party Risk Management

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration & course fee

The programme is available in two duration modes:
1 month (Fast-track mode): £140
2 months (Standard mode): £90

40% Cheaper

Our course fee is up to 40% cheaper than most universities and colleges.

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Awarding body

 The programme is awarded by London School of International Business. This program is not intended to replace or serve as an equivalent to obtaining a formal degree or diploma. It should be noted that this course is not accredited by a recognised awarding body or regulated by an authorised institution/ body.

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  • Start this course anytime from anywhere.
  • 1. Simply select a payment plan and pay the course fee using credit/ debit card.
  • 2. Course starts
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Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Cybersecurity Analyst
Supply Chain Risk Manager
Procurement Specialist
Vendor Risk Manager
Compliance Officer
Third-Party Risk Consultant

Key facts about Certificate in Third-Party Risk Management for Procurement and Supply Chain

- Gain expertise in managing third-party risks in procurement and supply chain through this certificate program
- Learn to identify, assess, and mitigate risks associated with external vendors and suppliers
- Understand industry best practices and regulatory requirements for effective risk management
- Develop strategies to enhance transparency, accountability, and compliance in third-party relationships
- Acquire skills to evaluate and monitor vendor performance to ensure business continuity and resilience
- Benefit from real-world case studies and practical insights from industry experts
- Enhance your professional profile and advance your career in procurement and supply chain management
- Stay ahead in a competitive market by mastering essential risk management techniques
- Join a community of like-minded professionals and expand your network for future collaborations and opportunities.

Why this course?

Statistics Importance
70% of UK businesses have experienced a third-party data breach in the last year.
£2.32 million average cost of a data breach for UK companies.
45% of UK businesses do not have a formal third-party risk management program in place.
A Certificate in Third-Party Risk Management for Procurement and Supply Chain is crucial in today's business landscape, especially in the UK where 70% of businesses have experienced a third-party data breach in the last year. With the average cost of a data breach amounting to £2.32 million, it is evident that effective risk management is essential. However, 45% of UK businesses do not have a formal third-party risk management program in place, highlighting the urgent need for professionals with expertise in this area. By obtaining this certificate, individuals can equip themselves with the necessary skills to mitigate risks, protect sensitive data, and ensure compliance with regulations. This certification is highly relevant in the industry and in high demand as organizations strive to safeguard their procurement and supply chain processes from potential threats.

Who should enrol in Certificate in Third-Party Risk Management for Procurement and Supply Chain?

This course is designed for procurement and supply chain professionals looking to enhance their skills in third-party risk management. Whether you are a seasoned professional or just starting out in the field, this certificate program will provide you with the knowledge and tools needed to effectively mitigate risks associated with third-party vendors. According to a recent survey by Deloitte, 94% of UK businesses have experienced a third-party failure in the past year, highlighting the critical need for robust risk management strategies. By enrolling in this course, you will learn how to identify, assess, and manage risks within your supply chain, ultimately safeguarding your organization from potential disruptions and financial losses. With the increasing complexity of global supply chains, it is essential for procurement and supply chain professionals to stay ahead of the curve. This course will equip you with the latest best practices and industry insights, ensuring you are well-prepared to navigate the evolving landscape of third-party risk management. | Statistics | UK Businesses | |------------|-----------------| | 94% of businesses experienced a third-party failure in the past year | | 67% of organizations do not have a formal process for assessing third-party risks | | 82% of businesses believe that third-party risks will increase in the next two years |