Supply Chain Risk Management

MM136

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This course provides what effective supply chain professionals need to be able to ensure their organisations become industry pace setters, by better managing their supply chains to achieve reduced costs, whilst at the same time, improving service levels.

Global trade has brought about proportionally high levels of risk and uncertainty. In turn, this uncertainty creates a risk spiral that is accompanied by increased cost and reduced levels of service. Risk is found in all supply chains, but with analysis, preparation and action, these risks can be avoided, managed or deflected. This seminar shows how to apply useful tools and techniques to successfully manage this dilemma and paradox.

By the end of this course, participants will be able to:

Apply a thorough understanding of supply chain activities
Identity, analyse and evaluate supply chain risk
Understand the keys aspects in reducing risk
Use risk management tools and techniques
Make supply chain organisational improvements

Procurement, buyers and purchasing professionals
Production and manufacturing professionals
Logistics, warehouse and distribution professionals
Those who need an understanding of the relationships between risk, cost & service in supply chains

Understanding the Supply Chain

Supply Chain Definitions
Customers, competitive advantage and demand
The Global Supply Chain
Incoterms 3000 and reducing Risk
Recognizing Risks in the Supply Chain

Identifying Supply Chain Instabilities and Risks

Internal supply chain risks
PESTLE risks
Inventory and financial risks
Disruption and security risks
Procurement and logistics risks

Understanding the Risk Spiral, Reducing Supply Chain Risk

Consequences, Outcomes
Analysing the key drivers of risk
Improving visibility and reducing variability
Maintaining velocity, Restoring confidence
Enabling agility and synchronicity in supply chain
Applying Supplier Relationship Management

Using Risk Management Tools and Techniques

Risk mitigation matrix and options
Risk management principles
The role of Procurement and Supply Chain strategy
Evaluation and prioritization of risks
Developing a risk management culture
Contingency and risk management planning

Rethinking the Supply Chain

Supply chain futures and predictions
China supply chain effects
Reengineering supply chains end to end to minimize risk
Organization development
Models for change

Presentation & Slides
Audio Visual Aids
Interactive Discussion
Participatory Exercise
Action Learning
Class Activities
Case Studies
Workshops
Simulation

Terms & Conditions

ACTrain reserves the right to alter the Course Schedule without Prior Notification, Fees Quoted are Subject to Terms & Conditions Outlined in ACTrain's Registration Policy