Why Attend This Course? n To understand the Supply Chain and the relationships with your suppliers. n Build best-practice processes for planning your supply chain audit from beginning to end. n Manage all forms of supply chain risk – political, legal, environmental, financial and reputational. n Learn how to tackle minor, growing and global, more complex supply chains from start to finish. n Audit anywhere in the supply chain cycle – set-up, due diligence, the tendering process and also service level agreements. Register online at: www.mistieurope.com INHOUSE TRAINING Save up to 50% with In-House Training www.mistieurope.com/inhouse Internal Audit 3 Day Course: 23-25 March 2015 London 28-30 October 2015 London The Global Leader In Audit and Information Security Training Course Director: Dr. Sarah Blackburn An experienced Audit Committee Chairman and Non-Executive Director with over 25 years of practical internal audit experience. AUDITING THE SUPPLY CHAIN, SUPPLIERS AND OUTSOURCED FUNCTIONS Gain all the tools and techniques you need to audit all forms of third parties throughout your organisation
Transcript
Why Attend This Course?
n To understand the Supply Chain and the relationships with your suppliers.
n Build best-practice processes for planning your supply chain audit from beginning to end.
n Manage all forms of supply chain risk – political, legal, environmental, financial and reputational.
n Learn how to tackle minor, growing and global, more complex supply chains from start to finish.n Audit anywhere in the supply chain cycle – set-up, due diligence, the tendering process and also service level agreements.
Register online at: www.mistieurope.com
INHOUSETRAININGSave up to 50%
with In-House Training
www.mistieurope.com/inhouse
Internal Audit
3 Day Course:
23-25 March 2015 London
28-30 October 2015 London
The Global Leader In Audit and Information Security Training
Course Director: Dr. Sarah Blackburn An experienced Audit Committee Chairman and Non-Executive Director with over 25 years of practical internal audit experience.
AUDITING THE SUPPLY CHAIN, SUPPLIERS AND OUTSOURCED FUNCTIONSGain all the tools and techniques you need to audit all forms of third parties throughout your organisation
AUDITING THE SUPPLY CHAIN, SUPPLIERS AND OUTSOURCED FUNCTIONSGain all the tools and techniques you need to audit all forms of third parties throughout your organisation
Advanced Preparation: None
Training Type: Group-Live
Learning Level: Intermediate
CPEs: 24
Course Director: Dr. Sarah Blackburn
Dr Sarah Blackburn is an experienced Non-Executive Director and Audit Committee Chairman with over 25 years of practical internal audit experience.
After external audit training at KPMG, Sarah moved into internal audit in retail – holding positions at Sainsbury’s and then Argos (now Home Retail Group) – where she was Head of Group Internal Audit.
She was again Head of Group Internal Audit at Kingfisher plc before moving to RAC and then becoming Head of Global Audit and Assurance at Exel plc (now part of DHL). Sarah is currently a Director at the Wayside Network Limited and was the President of the Chartered Institute of Internal Auditors from 2009-2010.
She has written three books about risk management and internal audit and has a doctorate in project management. Currently an independent director of the RICS and a global board director of IIA Inc., she has been a board member and chaired the audit committee in two UK central government bodies and an NHS Foundation Trust.
Course Focus And Features
An Internal Audit function may have to audit supply chain activity at any stage in its life cycle: from the risks, controls and processes involved in setting up a new joint venture or partnership, the due diligence needed to assess potential suppliers, to the tendering process itself and the establishment of service level agreements – all before auditing the operational processes themselves.
Auditing the Supply Chain, Supplier and Outsourced Functions is a “how-to guide” – taking you step by step through the best practice of auditing all aspects of third parties and supply chains for your organisation. An intensive 3-day course, this training is will cover all the skills you need for auditing throughout the supply chain, start-ups, contracts and service level agreements. Dr Sarah Blackburn, a trainer with over 25 years of auditing experience will take you through everything you need to know, using a wealth of case study examples and interactive learning, ensuring you: • Understand the core concepts of the nature, objectives and
benefits of supply chain management• Plan the supply chain audit assignment correctly from start to finish• Implement successful processes for data collection, risk,
control and reporting• Overcome the pitfalls and challenges when auditing
complex supply chains, global supply chains and other third parties
• Become an expert in due diligence, establishing service level agreements and the surrounding legislation
Who Should Attend
Internal Audit Managers, Internal Auditors, Audit Executives, Heads of Internal Audit and Risk Management, Risk and Compliance Managers, Lead Auditors.
Price: GBP £2,245+VAT**Delegates may be able to claim back VAT. Visit www.mistieurope.com/VAT for more information.
Auditing the Supply Chain – Part 2 • Implementing data collection, controls evaluation and testing – using
existing audit programmes and creating your own tailored to the assurance required
• Reporting for improvement: gaining management buy-in to findings and commitment to action – in a third party environment
• Reporting for assurance purposes: the initial conclusions and the on-going assurance – working with multiple Audit and Management Committees
Understanding complexities in the SupplyChain and relationships with suppliers Illustrated with real life examples from a variety of industries, this session will involve structured discussions involving delegates:
• Analysing global supply chains and third parties
• Understanding how supply chains grow and become more complex
• Discovering the advantages and disadvantages of a complex global supply chain
• Outlining the technical complexities that increase the difficulty of auditing the supply chain
• Managing the political, economic, legal and environmental risks plus the potential financial and reputational fallout
• Ensuring the conscious management of risk to exploit opportunities and minimise potential exposures
• Implementing successful processes for crisis, contingency and disaster recovery planning in the supply chain
• Exploring unforeseen risks in the minor supply chain – how overlooked areas can have far-reaching impacts on the business
Day One:
Introduction• Reviewing the big picture – overview of a supply chain, third
parties and outsourcing• What organisational functions do they supply and why do we need
to audit them?• Understanding the varieties and types of supply chain configurations you
will encounter• Investigating examples of supply chains and common problems drawn
from recent events
Understanding the Supply Chain and relationships with suppliersBased around a composite case study: C&R Group plc (Mydeal Supermarkets, Mydeal Home; Newmarket Foods, Worldwidewood Products), delegates will gain an understanding of the core concepts of the nature, objectives and benefits of supply chain management:
• Processes (including demand modelling, procurement of goods and services to meet demand, transformation, quality control and quality assurance, warehousing, stock control, transportation and delivery, customer facing tasks, reverse flows, repairs, customer service and support)
• Risks (strategic, external, operational, regulatory)• Controls and best practices to minimise risks (design and operation for
prevention and correction)• Building capability for excellence: links between business strategy and
supply chain management• Assurance (information, specialists, the role of internal auditors)
Auditing the Supply Chain – Part 1Using the composite Case Study, C&R Group plc, delegates will work through Supply Chain audits from beginning to end, completing and documenting internal audit tasks and sharing good practices.• Including Supply Chain Audits in the Internal Audit Strategy and Annual
Plans, reviewing rights of access and gaining other sources of assurance• Planning the Audit Assignment: as assurance and as a project to be
managed – check lists to ensure all the angles are covered
**Available for delegates from one organisation attending the same course
Day Three:
Auditing Start-ups, Contracts, and Service Level AgreementsIllustrated with a variety of Case Studies this section looks at how to audit:• The start-up phase of a supply chain project – initiation, process design,
invitations to tender, the evaluation process and contract negotiations• Risk analysis and sharing between organisations• Due diligence reviews – knowing who and what the organisation
is working with• The implementation phase of a supply chain project: getting things
working, ensuring adequate monitoring and management information• Closed v Open Book Contracts• Contracts and service level agreements
Working with regulators and managing the media using casestudies from a variety of industries, delegates will look at different regulators and scenarios.• Overcoming the challenges the internal audit function faces in working
with management• Interfacing with regulators in areas such as health and safety, food
standards, environmental impact and aviation• Exploring rules for dealing with the media• Auditing the adequacy of crisis and contingency plans that involve
external media communications before the crisis happens
Auditing the hard issues in Supply Chain Management• Auditing the governance of the Supply Chain – joint venture
agreements, partnerships, the adequacy of contracts and memoranda of understanding: convergence with organisation strategy
• Auditing ethical issues in the Supply Chain: corruption, money laundering, product quality, child labour, environmental pollution
• Quality control v quality assurance – control by doing v control by information
• Conclusions
Consolidating different learnings on Supply Chain Management and providing assurance on its effectiveness.• Drawing together key messages from the course• Reflecting and drawing up action plans for the internal audit function
Register online at: www.mistieurope.com
TAILORED AND PERSONALISED IN-HOUSE TRAINING Why Choose In-House Training?Savings - Running an in-house course in your offices will ensure you avoid the costs of travel and accommodation. Plus we charge per day not per delegate. You can train six or sixteen people for the same price! Convenience - We can arrange a course that fits your team’s schedule. Any dates, any location, simply tell us what works best for you. Avoid the hassle of coordinating travel arrangements and accommodation for your staff Tailored training - We have over 150 existing training courses you can mould to fit your exact requirements or if you prefer we can just create a new agenda. You will have complete control over the course content Confidentiality - You can focus on potentially thorny issues that may be specific to your organization which are best resolved in private with the expert guidance of your course director
Some Of The Companies We Have Worked With:PwC • International Labour Office • Barclays • Capital One • Legal and General • Deloitte • European Court of Auditors • Lukoil • Credit Suisse AG • Euroclear • AIB • U.S. Steel, Corp. • Novartis • National Commercial Bank • Qatar National Bank
Visit www.mistieurope.com/inhouseCall us on 0207 779 8202Email [email protected]
