Effective supply chain professionals need to be able to ensure their organizations become industry pacesetters, by better managing their supply chains to achieve reduced costs, whilst at the same time, improving service levels.
However, 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.
Smart organizations must, therefore, find ways to manage risk, uncertainty, and variability and at the same time, look to reduce cost and improve service.
Apply a thorough understanding of supply chain activities
Identify, analyze and evaluate supply chain risk
Understand the keys aspects in reducing risk
Use risk management tools and techniques
Make supply chain organizational improvements
Understand the current supply chains
Access them for risk and vulnerability
Examine how to mitigate risks
Apply appropriate tools
Make continual improvements
Risk Managers
Supply Chain Managers
Operation Managers
Project Managers
Finance Managers
IT Managers
Plant Managers
Production Planners
HR Managers
Logistics Managers
Business Improvement Specialists
Consultants
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
Recognizing Risks in the Supply Chain
Internal supply chain risks
PESTLE risks
Inventory risks
Financial risks
Disruption risks
Security risks
Mismanaged relationship risks
Procurement risks
Logistics risks
Consequences
Outcomes
Analyzing the key drivers of risk
Improving visibility
Reducing variability
Maintaining velocity
Restoring confidence
Enabling agility and synchronicity in the supply chain
Applying Supplier Relationship Management
Improving visibility
Reducing variability
Maintaining velocity
Restoring confidence
Enabling agility and synchronicity in the supply chain
Applying Supplier Relationship Management
Risk mitigation options
Risk mitigation matrix
Risk management principles
RAG assessment
The role of Procurement and Supply Chain strategy
Evaluation and prioritization of risks
The risk management matrix
Developing a risk management culture
Contingency and risk management planning
Supply chain resilience
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 minimize risk
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