Course: Supply Chain Risk Management

The Programme Content

Day One : Understanding the Supply Chain

• Supply Chain Definitions
• The 8 Supply Chain Rules
• Customers, competitive advantage and demand
• Supply Chain Models and Types
• The Global Supply Chain
• Incoterms 3000 and reducing Risk
• Recognising Risks in the Supply Chain

Day Two : Identifying Supply Chain Instabilities and Risks

• Internal supply chain risks
• PESTLE risks
• Inventory risks
• Financial risks
• Disruption risks
• Security risks
• Mismanaged relationship risks
• Procurement risks
• Logistics risks
• Learning from the 2008 economic crisis

Day Three : Understanding the Risk Spiral

• Consequences
• Outcomes
• Analysing the key drivers of risk

Reducing Supply Chain Risk

• Improving visibility
• Reducing variability
• Maintaining velocity
• Restoring confidence
• Enabling agility and synchronicity in supply chain
• Applying Supplier Relationship Management

Day Four : Using Risk Management Tools and Techniques

• Risk mitigation options
• Risk mitigation matrix
• Risk management principles
• RAG assessment
• The role of Procurement and Supply Chain strategy
• Evaluation and prioritisation of risks
• The risk management matrix
• Developing a risk management culture
• Contingency and risk management planning
• Supply chain resilience

Day Five : Rethinking the Supply Chain

• Supply chain futures and predictions
• Agility
• Network design
• China supply chain effects
• Going “Green”
• Professional leaders/manager development
• Reengineering supply chains end to end to minimise risk
• Organisation development
• Models for change

The Scandinavian Academy for Training and Development employs modern methods in training and skills development, enhancing the efficiency of human resource development. We follow these practices:

• Theoretical Lectures: 
  • We deliver knowledge through advanced presentations such as PowerPoint and visual materials, including videos and short films.
• Scientific Assessment:
  • We evaluate trainees skills before and after the course to ensure their progress.
• Brainstorming and Interaction: 
  • We encourage active participation through brainstorming sessions and applying concepts through role play.
• Practical Cases:
  • We provide practical cases that align with the scientific content and the participants specific needs.
• Examinations: 
  • Tests are conducted at the end of the program to assess knowledge retention.
• Educational Materials:
  • We provide both printed and digital scientific and practical materials to participants.
• Attendance and Final Result Reports:
  • We prepare detailed attendance reports for participants and offer a comprehensive program evaluation.
• Professionals and Experts: 
  • The programs scientific content is prepared by the best professors and trainers in various fields.
• Professional Completion Certificate: 
  • Participants receive a professional completion certificate issued by the Scandinavian Academy for Training and Development in the Kingdom of Sweden, with the option for international authentication.
• Program Timings:
  • Training programs are held from 10:00 AM to 2:00 PM and include coffee break sessions during lectures.

The Course

The Goals

• 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

The Process

• Discussion and lectures using international best practice
• Practical applications
• Exercises and Case studies
• Extensive course manual
• Presented by the author of many books on supply chain and procurement topics

The Benefits

• Understanding the supply chain operations
• Understand what drives your other supply chain players
• Use analytical tools to identify supply chain risk
• Make cost and service improvements
• Gain a framework for continual improvement
• Use best in class practices

The Results

• Understand the current supply chains
• Access them for risk and vulnerability
• Examine how to mitigate risks
• Apply appropriate tools
• Make continual improvements

The Core Competencies

• Analysis
• Evaluation
• Improving
• Make change
• Sharing and understanding others points of view