Start Date : 04 May,2025
End Date : 08 May,2025
Duration : 5 Days
Overview:
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 course shows how to apply useful tools and techniques to successfully manage this dilemma and paradox.
Course Objectives:
At the end of this course the 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
Course Content:
1- Understanding the Supply Chain
Supply Chain Definitions
Customers, competitive advantage and demand
The Global Supply Chain
Incoterms 3000 and reducing Risk
Recognising Risks in the Supply Chain
2- Identifying Supply Chain Instabilities and Risks
Internal supply chain risks
PESTLE risks
Inventory and financial risks
Disruption and security risks
Procurement and logistics risks
3- 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
4- Using Risk Management Tools and Techniques
Risk mitigation matrix and options
Risk management principles
The role of Procurement and Supply Chain strategy
Evaluation and prioritisation of risks
Developing a risk management culture
Contingency and risk management planning
5- Rethinking the Supply Chain
Supply chain futures and predictions
COVID-19 effects
Reengineering supply chains end to end to minimise risk
Organisation development
Models for change
Targeted Audience:
This course is suitable to a wide range of professionals from Supply Chain and Logistics industry but will greatly benefit:
Risk Managers
Supply Chain Managers
Logistics Managers
Operation Managers
Project Managers
Finance Managers
IT Managers
Plant Managers
Production Planners
