Strategic Purchasing and Supply Management
25/10/2024Tank & Tank Farms Design, Installation, Operation, Maintenance & Troubleshooting
25/10/2024Supply Chain Risk Management
£4,000.00
Overview:
This course offers a deep dive into identifying, assessing, and mitigating risks across the supply chain, helping participants develop robust strategies to improve resilience, continuity, and operational efficiency.
Program Objectives:
By the end of this course, participants will be able to:
- Understand and apply the fundamentals of supply chain risk management.
- Identify and assess risks across the supply chain using structured methods.
- Design and implement effective risk mitigation plans.
- Use analytics and modeling for risk forecasting and monitoring.
- Enhance supply chain resilience through continuous improvement practices.
Target Audience:
- Supply Chain Managers
- Risk and Compliance Officers
- Logistics and Operations Managers
- Procurement and Inventory Specialists
- Professionals in supply chain and risk management
Program Outline:
Day 1: Foundations of Supply Chain Risk Management
- Core principles of supply chain risk management.
- Identifying risk categories: operational, financial, environmental, etc...
- Importance of risk management in ensuring supply chain continuity.
- Introduction to risk frameworks and standards (ISO, COSO).
- Analyzing case studies on effective supply chain risk management.
Day 2: Identifying and Assessing Supply Chain Risks
- Risk identification methods: FMEA, SWOT analysis, scenario planning.
- Using tools and techniques for comprehensive risk assessment.
- Evaluating and prioritizing risks based on impact and likelihood.
- Developing a risk matrix for visualizing risk exposure.
- Case examples in risk identification and prioritization.
Day 3: Developing Risk Mitigation and Contingency Plans
- Creating risk mitigation plans tailored to supply chain needs.
- Implementing risk controls and preventive measures.
- Contingency planning for critical supply chain disruptions.
- Building resilient and adaptable supply chain networks.
- Reviewing effective case studies in supply chain risk mitigation.
Day 4: Technology and Tools for Supply Chain Risk Monitoring
- Leveraging digital tools for real-time risk monitoring and reporting.
- Predictive modeling and data analytics for proactive risk management.
- Applying stress testing and scenario planning to evaluate risk responses.
- Dashboard development for continuous risk oversight.
- Practical applications of technology in supply chain risk management.
Day 5: Best Practices and Continuous Improvement in Risk Management
- Embedding risk management into supply chain operations.
- Fostering a culture of risk awareness and resilience.
- Compliance considerations and regulatory obligations in risk management.
- Collaboration with stakeholders for enhanced risk management.
- Lessons from successful companies on sustaining risk management practices.