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How to Manage Risk in the Supplier On-boarding Process with Best Practices

Christine Doxey, CPC.

Doxey Inc.

Thursday, July 11, 2019 | 10:00 AM EDT

  • CPA

1 Credit

FREE

Subject Area

Accounting

Upcoming Webinars

Course Description

Many Fortune 500 companies have recognized that suppliers aren't just important to the procurement department; and that they are often a key component of an entire organization's ability to generate value. And the ability to generate value is compromised when information about supplier performance is locked away in disparate systems or in employee's heads. The supplier management lifecycle focuses on ensuring that the value a supplier brings to an organization is not compromised. Additionally, the lifecycle promotes standards, consistency, and continuous monitoring throughout the process.

Learning Objectives

  • Learn how the “top at the top” sets the direction of Supplier Management.
  • Learn about the Top Ten Best Practices for Supplier Management that will facilitate compliance through the Supplier Management Lifecycle.
  • Discuss how non-compliance can put your company at significant risk.
  • See how a Supplier Management Road map can immediately help your company establish a compliance process throughout the lifecycle.
  • Understand how technology solutions focus on solving supplier management problems; Learn about Supplier Master Fraud Indicators; Compliance Requirements for Supplier Master

Who Should Attend?