Third Party and Vendor Risk Management

Suppliers, agents and outsourced service providers can expose an organisation to the same losses as its own staff. Attention turns to screening vendors, writing risk into contracts, monitoring performance over time, and knowing when a relationship has become a liability. Examples reflect procurement realities across South African and wider African operations.

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What you will be able to do

Map the third parties your organisation depends on and rank them by risk.
Run due diligence and screening checks before onboarding a new vendor.
Draft contract terms that assign responsibility and allow for exit.
Monitor supplier performance and financial health after the contract is signed.
Spot concentration risk where too much rests on a single provider.
Respond when a vendor fails, breaches terms or damages your reputation.

Course outline

01Why third party relationships create risk beyond the balance sheet
02Building and maintaining a vendor register
03Due diligence, screening and background checks before onboarding
04Contractual controls, service levels and the right to audit
05Ongoing monitoring and key risk indicators
06Concentration, dependency and fourth party risk
07Managing supplier failure and exit
08Reporting third party risk to management and the board

Who should attend

Procurement officers, supply chain managers, risk and compliance practitioners, internal auditors and contract managers responsible for outside suppliers and service providers.

Dates, venues and fees

Dates	Venue	Days	Fee	Register
29 to 30 Sep 2026	Johannesburg	2	R10,000	Register
30 Sep to 1 Oct 2026	Cape Town	2	R10,000	Register
1 to 2 Oct 2026	Durban	2	R10,000	Register
5 to 6 Oct 2026	Pretoria	2	R10,000	Register
6 to 7 Oct 2026	Windhoek	2	US$1,100	Register
7 to 8 Oct 2026	Gaborone	2	US$1,100	Register
8 to 9 Oct 2026	Maseru	2	US$1,100	Register
12 to 13 Oct 2026	Mbabane	2	US$1,100	Register
13 to 14 Oct 2026	Lusaka	2	US$1,100	Register
14 to 15 Oct 2026	Harare	2	US$1,100	Register
15 to 16 Oct 2026	Lilongwe	2	US$1,100	Register
19 to 20 Oct 2026	Blantyre	2	US$1,100	Register
20 to 21 Oct 2026	Mozambique	2	US$1,100	Register
21 to 22 Oct 2026	Nairobi	2	US$1,100	Register
22 to 23 Oct 2026	Dar es Salaam	2	US$1,100	Register
26 to 27 Oct 2026	Kigali	2	US$1,100	Register
27 to 28 Oct 2026	Kampala	2	US$1,100	Register
28 to 29 Oct 2026	Accra	2	US$1,100	Register
29 to 30 Oct 2026	Lagos	2	US$1,100	Register
2 to 3 Nov 2026	Cairo	2	US$1,100	Register
3 to 4 Nov 2026	Mauritius	2	US$1,100	Register
4 to 5 Nov 2026	Dubai	2	US$1,100	Register
5 to 6 Nov 2026	Online	2	US$900	Register

Fees are per delegate. South African venues are priced in rand; other locations and online in US dollars. Fees exclude 15% VAT where applicable. Group bookings of three or more delegates from the same organisation qualify for a reduced rate; contact us for a quotation.

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Training a whole team?

We can run Third Party and Vendor Risk Management privately for your team, on your dates and built around your own systems. Group delivery is usually more cost effective from about six delegates.

Run this in-house