Outsourcing Relationships: Enjoy Benefits, Avoid Pitfalls

Course Details

Date

Wednesday, April 28, 2021

11:00am – 1:00pm (Registration: 7:12pm)

Location

Online

Field of Study

Management

CPE Credit

2 hours CPE credit

Level of Knowledge

Intermediate

Vendor

CPA Crossings

Prerequisites

Some experience with outsourcing relationships is helpful

Description

Companies are increasingly outsourcing their supply chain's more complex elements, including selling, manufacturing, distribution, warehousing and customs clearance. This session will focus on the due diligence, contracting, managing, and monitoring of third parties that companies should, but do not always do. The seminar will identify the risks, potential pitfalls and solutions that can help make these relationships less risky and more beneficial. Veteran Chief Audit Executive Charles Silvey will bring practical solutions from 20 years of monitoring these relationships.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

Outsourcing Risks

  • Inadequate partner familiarity
  • Lack of training
  • Insufficient oversight

Outsourcing Solutions
  • Effective contracting
  • Effective diligence
  • Who owns the outsourced process

Objectives

Gain insight into risks of outsourcing and how to effectively manage them.

Designed For

CEOs, CFOs, Controllers and operational managers

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