Module 4: Risk Management in Supplier Management

This module provides essential knowledge and practical guidance on implementing quality risk management (QRM) principles within supplier quality management systems. Explored are the regulatory requirements and practical application of risk-based approaches to managing third-party suppliers, materials, and services.

By the end of this module, you should be able to:

• Identify the regulatory obligations of Quality Risk Management.
• Recognize the key risk areas in Supplier Quality Management.
• Distinguish that risk is not eliminated but mitigated and managed.