Risk Management in Supply Chain Operations

5 units

Please select a city/session before registration.

About this program

Today's supply chains are becoming more globalized, interconnected, and susceptible to disruptions. Factors such as geopolitical instability, regulatory changes, cyber threats, and natural disasters can jeopardize the integrity and continuity of supply chain operations.
This Managing Risks in Supply Chain Operations Training Course equips participants with the necessary tools to recognize vulnerabilities, develop risk mitigation strategies, and enhance operational resilience. The course addresses areas including supplier risk management, logistics interruptions, regulatory adherence, and contingency planning.
Using case studies, simulations, and collaborative discussions, attendees will acquire the skills to proactively handle risks, fortify supplier relationships, and align supply chain processes with organizational goals.

Course benefits

  • Detect and mitigate critical risks within the supply chain.
  • Enhance resilience to disruptions and emergency situations.
  • Elevate supplier due diligence and ongoing monitoring.
  • Ensure adherence to international trade laws and regulations.
  • Develop and implement operational continuity and contingency plans.

Key outcomes

  • Comprehend the risk environment affecting global supply chains.
  • Perform comprehensive supply chain risk evaluations.
  • Establish frameworks for managing supplier risks.
  • Create strategies for contingency and business continuity.
  • Utilize technology to enhance monitoring and transparency.
  • Integrate risk management practices with corporate governance.
  • Encourage collaboration to build resilient supply chains.

Who should attend

  • Managers in supply chain and procurement.
  • Professionals in risk and operations.
  • Logistics and compliance officers.
  • Executives responsible for global supply chain management.

Course outline

1

Unit 1: Exploring the Risk Environment in Supply Chains

  • Varieties of risks encountered in international supply chains.
  • Analyses of significant supply chain failure cases.
  • Insights gained from previous emergencies.
  • Identifying weak points throughout operations.
2

Unit 2: Managing Supplier Risks and Conducting Due Diligence

  • Assessing supplier dependability and regulatory adherence.
  • Frameworks for evaluating third-party risks.
  • Tracking supplier conduct and ethical standards.
  • Establishing robust supplier relationships.
3

Unit 3: Operational Risks, Compliance, and Logistics Management

  • Handling disruptions and delays in logistics.
  • Compliance with customs, tariffs, and trade regulations.
  • Risks linked to outsourcing and international sourcing.
  • Ensuring cybersecurity within supply chain processes.
4

Unit 4: Creating Robust and Adaptable Supply Chains

  • Developing plans for contingencies and business continuity.
  • Implementing diversification tactics for suppliers and logistics.
  • Utilizing technology to enhance transparency (blockchain, IoT).
  • Conducting resilience stress tests on supply chains.
5

Unit 5: Governance and the Future Landscape of Supply Chain Risk Management

  • Integrating supply chain risk into overall corporate strategy.
  • Addressing ESG and sustainability-related risks in supply chains.
  • Stakeholder communication and risk reporting.
  • Strategies for anticipating upcoming supply chain challenges.