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Managing Supply Chain Risk


Overview

Supply Chain Risk Management Process

Risk plays an inevitable role at the heart of every supply chain. Every participant from start to finish must contend with its own unique types and levels of risk. The larger and more complex the supply chain, the more extensive the required risk management framework.  The supply chain risk management process focuses on the identification, acknowledgement and planning for any eventuality that may occur. It involves the prioritisation of risks in accordance with their severity and how likely they are to happen. The importance of supply chain operations highlights the value of minimising and controlling risk. Ignorance and/or inaction could have dire consequences for the business as a whole.

This professional tutorial has been designed for supply chain managers, risk managers and business owners alike. Study a detailed breakdown of all key stages of the supply chain risk management process as the objectives of risk assessments. Explore the kinds of risks every supply chain must contend with, including potential loss of control through outsourcing and globalisation. Learn how to identify your brand’s priorities and make a backup plan, track and evaluate key supply chain data, work with the SCOR model and use the balanced scorecard to your advantage. 

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Objectives

  • Identify risks that may affect a supply chain
  • Discuss how to minimize risks and reduce the impact of these events

Programme Content

Topics:

  • Supply Chain Risks
  • Loss of Control through Outsourcing and Globalization
  • Identify Your Priorities and Create a Backup Plan
  • Tracking and Evaluating Supply Chain Data
  • What is Benchmarking?
  • The SCOR Model
  • The Balanced Scorecard
  • Supply Chain Management Dashboards

Target Audience

  • Managers, supervisors and team leaders
  • Confident , self motivated and passionate candidates
  • Supply chain workers seeking for CPD
  • Logistics managers looking to expand knowledge and skills
  • Candidates looking to enhance their CVs
  • Anyone interested in developing knowledge and skills

Prerequisites

No prior knowledge is required to take this unit.

Overview

  • Participants:8 - 400
  • Duration: 2 - 3 hours
  • Participation:Only collaborative

Key Benefits

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Related

Course Level
Study Method Online
Course Duration 10 Hours
Start Date on going
Awarding Body
Pay in Instalment Full Fee £ 120, Deposite £ , ( £ 0/month )
Full Fee:    £ 120

Discount:    £ 30

Pay Today:    £ 90


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Pay in Instalment Full Fee £ 120, Deposite £ , (£ 0/month)
you can pay Staff Training Solutions using payatrader
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