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 Center adopts the latest scientific and professional methodologies in training and human resource development, aiming to enhance the efficiency of individuals and organizations. Training programs are delivered through a comprehensive approach that includes:

• Theoretical lectures supported by PowerPoint presentations and visual materials (videos and short films).
• Scientific evaluation of participants before and after the program to measure progress and knowledge acquisition.
• Brainstorming sessions and practical role-playing to simulate real-life scenarios.
• Case studies tailored to align with the training content and participants work nature.
• Assessment tests conducted at the end of the program to evaluate the achievement of training objectives.

Each participant receives the training material (both theoretical and practical) in printed form and saved on a CD or flash drive. Detailed reports, including attendance records, final results, and overall program evaluations, are also provided.

Training materials are prepared professionally by a team of experts and specialists in various fields. At the end of the program, participants are awarded a professional attendance certificate, signed and accredited by the Scandinavian Academy for Training Center.

Program Timings:

• 9:00 AM to 2:00 PM 

The program includes:

• A daily buffet provided during the sessions to ensure participants comfort.
• A closing ceremony on the final day to distribute certificates and celebrate participants achievements.

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