Course description
Supply chain risk management (SCRM) is a set of activities aimed at reducing supply chain risks. These activities often include identifying supply chain risks, assessing the probabilities and the severity of impacts, prioritising the risk event to be dealt with and developing actions for mitigating risks or planning backup actions
The supply chain risk management training course is aimed at teaching people how to understand and mitigate the risks associated with supply chain and outsourced operations. All organisations whether they are large or small are dependent on their suppliers, supply chain, outsourced operations and utilities that provide them with telecoms, water, gas and power.
This course will look at the identification of supply chain risks and how to mitigate them, thus making your organisation more resilient.
Upcoming start dates
Upcoming start dates
Suitability - Who should attend?
Supply Chain Risk Management Training Course is ideal for :
- Supply chain professionals involved in developing and implementing risk management plans.
- Procurement, buyers and purchasing professionals
- Production and manufacturing professionals
- Logistics, warehouse and distribution professionals
- Those who need an understanding of the relationships between risk, cost & service in supply chains
Outcome / Qualification etc.
At the end of the Supply Chain Risk Management Course, delegates will be able to:
- Manage risks, reduce the effects of disruptions in your supply chain, and meet the needs and expectations of your customers and partners.
- 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.
- Have the ability to develop, execute and implement a 5-step risk management process.
- Identity, analyse and evaluate supply chain risk
- Use risk management tools and techniques
- Make supply chain organisational improvements
- Develop and implement a Predictive – Proactive SCRM methodology.
- Build supply chain security through capability development and dynamic security management capabilities.
Training Course Content
Day 1
Understanding the Supply Chain
- Supply Chain Definitions
- Customers, competitive advantage and demand
- The Global Supply Chain
- Incoterms 3000 and reducing Risk
- Recognising Risks in the Supply Chai
Day 2
Identifying Supply Chain Instabilities and Risks
- Internal supply chain risks
- PESTLE risks
- Inventory and financial risks
- Disruption and security risks
- Procurement and logistics risks
Day 3
Understanding the Risk Spiral, Reducing Supply Chain Risk
- Consequences, Outcomes
- Analysing the key drivers of risk
- Improving visibility and reducing variability
- Maintaining velocity, Restoring confidence
- Enabling agility and synchronicity in supply chain
- Applying Supplier Relationship Management
Day 4
Using Risk Management Tools and Techniques
- Risk mitigation matrix and options
- Risk management principles
- The role of Procurement and Supply Chain strategy
- Evaluation and prioritisation of risks
- Developing a risk management culture
- Contingency and risk management planning
Day 5
Rethinking the Supply Chain
- Supply chain futures and predictions
- China supply chain effects
- Reengineering supply chains end to end to minimise risk
- Organisation development
- Models for change
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London Premier Centre
London Premier Centre is a UK leading training provider based in London and specialises in international short courses. Our inspiring, comprehensive portfolio of more than 400 professional development courses and seminars covers a wide range of professions from Administration, Leadership,...