Course details

Overview ?

The Course

Effective supply chain professionals need to be able to ensure their organisations become industry pace setters, 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 organisations must therefore find ways to manage risk, uncertainty and variability and at the same time, look to reduce cost and improve service.

This seminar shows how to apply useful tools and techniques to successfully manage this dilemma and paradox.

The Goals

Apply a thorough understanding of supply chain activities
Identity, analyse and evaluate supply chain risk
Understand the keys aspects in reducing risk
Use risk management tools and techniques
Make supply chain organisational improvements

The Process

Discussion and lectures using international best practice
Practical applications
Exercises and Case studies
Extensive course manual
Presented by the author of many books on supply chain and procurement topics

The Benefits

Understanding the supply chain operations
Understand what drives your other supply chain players
Use analytical tools to identify supply chain risk
Make cost and service improvements
Gain a framework for continual improvement
Use best in class practices

The Results

Understand the current supply chains
Access them for risk and vulnerability
Examine how to mitigate risks
Apply appropriate tools
Make continual improvements

The Core Competencies

Analysis
Evaluation
Improving
Make change
Sharing and understanding others points of view

The Programme Content

Day One : Understanding the Supply Chain

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
Recognising Risks in the Supply Chain

Day Two : Identifying Supply Chain Instabilities and Risks

Internal supply chain risks
PESTLE risks
Inventory risks
Financial risks
Disruption risks
Security risks
Mismanaged relationship risks
Procurement risks
Logistics risks
Learning from the 2008 economic crisis

Day Three : Understanding the Risk Spiral

Consequences
Outcomes
Analysing the key drivers of risk

Reducing Supply Chain Risk

Improving visibility
Reducing variability
Maintaining velocity
Restoring confidence
Enabling agility and synchronicity in supply chain
Applying Supplier Relationship Management

Day Four : Using Risk Management Tools and Techniques

Risk mitigation options
Risk mitigation matrix
Risk management principles
RAG assessment
The role of Procurement and Supply Chain strategy
Evaluation and prioritisation of risks
The risk management matrix
Developing a risk management culture
Contingency and risk management planning
Supply chain resilience

Day Five : Rethinking the Supply Chain

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 minimise risk
Organisation development
Models for change

Day 1

Day 2

Day 3

Day 4

Day 5

Training Methodology

Supply Chain Risk Management

Course details

Have a look too on these courses

Effective Purchasing, Tendering and Supplier Selection

Strategic Purchasing and Supply Management

Negotiating Contracts Effectively

Warehouse Management: Strategy, Implementation & Control

Category Management in Procurement

The Strategic Buyer

Main Pages

Quick Access

More Details

Contact Info