Introduction

Risk management is one of the most important things in the organization. It includes planning and documentation, risk identification and hazard assessment, global risk management strategies and role of supply chain management. This course contains plenty of practical, relevant information and best practices for managing. Failure to plan for such events can lead to supply chain disruptions that can devastate organization performance, damage profitability and result in irreparable harm to the organization.

Duration

3days

Who should attend?

Chief financial officers, supply chain finance, marketing or sales executives, supply chain and logistics managers, consultants, supervisors, planners, and engineers, supply chain education and human resource management personnel, inventory planners, procurement and sourcing analysts and managers, and transportation planners, managers, and engineers

Course Objective:

·         Manage risks, reduce the effects of disruptions in supply chain,

·         Understand how to determine, implement, and monitor an optimal mix of measures to avoid, defer, reduce, or transfer all relevant end-to-end supply chain risks.

·         Ability to develop, execute and implement a 5-step risk management process.

·         Developing and implement a Predictive

·         Proactive SCRM methodology.

·         Building supply chain security through capability development and dynamic security management capabilities.

Course content

·         Introduction

·         Nature of Risks in Supply Chain Management

·         Types of Supply Chain Risks

·         Risk Assessment for Supply Chains

·         Risk in Outsourcing and Insourcing