Supply Chain Risk Management

Course Overview

Supply Chain Managers, procurement managers and sourcing professionals manage company’s activities and spend with its suppliers, which can be a very significant element of a company’s total turnover. This Supply Chain Risk Management Training in Dubai is equipped with all the solutions for your Supply Chain challenges.

In the modern day, a company’s competitive advantage in most industries will be determined by maximizing its relationships and the diligent management of its forward and backwards facing supply chains. While added value and competitive advantage are found here, they can also be lost here with potential devastating repercussions.

Risks to the supply chain range from unpredictable natural threats to counterfeit products, and reach across quality, security, to resiliency and product integrity. This Supply Chain Risk Management Training in Dubai highlights mitigation plans to manage these risks can involve logistics, cybersecurity, finance and risk management disciplines; the ultimate goal being to ensure supply chain continuity in the event of a scenario which otherwise would have interrupted normal business and thereby profitability.

Key Takeaways

Understand risks brought about by market uncertainties, complexity and risk
Learn new and emerging tools, techniques and tactics and implement that knowledge to effectively identify, assess, mitigate and manage supply chain risk
Measure your SCRM effectiveness and progress by learning the new KRI’s, Key Risk Indicators
Maximize your profitability and MINIMIZE your risk by learning about flexible supply chains
Develop an effective Supply Chain Risk Management strategy to address daily business challenges

Course Methodology

This course is highly interactive and includes group discussions, team exercises, case studies, individual and group presentations, videos and quizzes. All participants will have several opportunities to apply the advanced knowledge they gained and demonstrate their skills in supply chain risk management.

Course Objectives

By the end of the course, participants will be able to:

Outline modern supply chain and risk management concepts as a foundation for operational success
Plan supply chain management risk process to match organizational requirements
Identify and assess sources of risk from across the supply chain
Evaluate risks qualitatively and quantitatively using a versatile toolkit
Develop risk mitigation and contingency plans to ensure uninterrupted supply flow
Recognize cultural, ethical and legal parameters for consideration in supply chain risk management planning

Target Audience

Risk Management & Finance
Supply Chain Management
Logistics
Procurement
Manufacturing
Operations &
Distribution

Course Outline

Supply Chain & Risk Management Introduction

Supply chain overview
Functions of a supply chain
Supply chain objectives
Supply chain configuration
Introduction to risk management
Why take risks?
Risk Perception
Risk within dynamic environments
Benefits of supply chain risk management
The Global Supply Chain & Trends
Impacts of Uncertainty, Complexity and Risk on the Supply Chain
Supply Chain Risk Management Basic Elements
Risk Identification & Assessment

Supply Chain Risk Management Fundamentals

The FOUR Spheres of Supply Chain Risk
Emerging SCRM Frameworks & Enablers Emerging Tools & Techniques in Support of the FOUR Spheres
New Metrics of Success
Mitigation Strategies and Tactics