(Fully Booked) BDO webinar: Evolving procurement function in risk management

Date: 30 June 2020
Time: 15:30 - 16:30

  

  • Summary

As supply chain becomes increasingly global and complex than ever before, the role of procurement function has elevated to beyond a mere operational function of sourcing materials and services at low costs. The evolving requirements and pressures on procurement to sustain cost reduction, minimise repercussions from supply chain disruptions, comply with regulations and to source ethically have become some of procurement's expected additional values and responsibilities, making procurement risk management more challenging.

The growth and complex interdependency in supply chain coincides with the rise in supplier risk as businesses put more reliance on the strength and efficiency of supplier relationship. A simple supplier error not only may cause a disruption in the supply chain operations but also damages to brand and reputation. While traditional challenges such as vendor selection and management and cost control remain critical, other important elements that businesses should consider when managing supplier risks include elements such as suppliers compliance with policies and regulations, supplier and contract management frameworks and use of technology in data modelling.

In this webinar, we will examine the challenges facing procurement professionals in the current volatile and precarious operating environment. We will also explain some of the key concepts around procurement and supplier risk management, and share some of the key strategies to risk mitigation.


About the speaker

VIVIAN CHOW, Principal of Risk Advisory, BDO

Vivian is an experienced professional drawing upon a background that includes corporate governance, regulatory and compliance, consulting, and audit and financial reporting in Hong Kong, China and the United States.

Vivian has worked with a diverse group of clients from non-governmental organisations to multinational public and private companies across several industries in providing corporate governance, risk management, internal audit, and regulatory and compliance review and readiness.

She is a US Certified Public Accountant.


Further information
This event will incorporate slides which you can view on a PC and audio broadcast technology which requires only the speakers in your device. Therefore, on the day, please ensure the audio volume of your device is turned up. You are recommended to log in the webinar (which will be provided by email after your successful registration) a few minutes before the webinar starts to make sure you have no problem with the connection. 

 

Details are as follows:

Date : Tuesday, 30 June 2020
Time : 3:30pm - 4:30pm (Webinar session)
Language : Cantonese, supplemented by English presentation materials
Fee : Free of Charge
CPD Units* : 1 hour
Remarks : 1. For any enquiries, please contact contact Kiki Ho at +852 2218 8913 or [email protected]
    2. Login information will be sent to you by email after successful registration.
    3. BDO reserves the final right of acceptance of registration.