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 and logistics. While added value and competitive advantage are found here, they can also be lost here with potential devastating repercussions. The ability to effectively manage risks in supply chain is professional skills. By the end of the workshop, participants will be able to:

• Outline modern supply chain, logistics and risk management concepts as a foundation for operational success
• Recognize cultural, ethical, and legal parameters for consideration in supply chain risk management planning
• Plan supply chain management risk process to match organizational requirements

Content

Supply Chain Management

• Supply Chain Overview
• Functions of a Supply Chain
• Supply Chain Configuration and Objectives
• Benefits of Supply Chain Risk Management

Planning Risk Process in Supply Chain

• Risk Management Process Overview
• Risk within Dynamic Environment
• Risk Identification and Evaluation Toolkit
• Identifying Supply Chain Risks
• Risk Types and Categories

Evaluating Supply Chain Risks

• Measuring Likelihoods of Risk
• Benchmarking as a Tool for Risk Evaluation
• Risk Analysis and Sensitivity Analysis
• Modeling and Simulations

Transportation Management

• What is Transportation Management?
• Different Types of Transport Management
• Selecting Means of Transportation Based Quality and Quantity
• Advantages and Disadvantages of Different Means of Transportation 
• Procurement Management

Controlling Supply Chain

• Benefits of Monitoring and Control
• Ethical and Legal Considerations
• Defining Risk Responsibilities and Accountabilities
• Work Performance Evidence

Logistics Management

• What is Logistics?
• How Logistics affect Organization
• Risk Management in Logistics

For Whom: Supply Managers, Buyers, Logistics Managers, Procurement Managers/Officers, Production Managers, Directors, Stores/Warehouse Managers, Transport Managers, Accountants, Auditors, Heads of Departments, Planning Managers, Budget Officers, Supervisors/Managers, and others who are seeking to complement their supply chain and logistics experience in the Private and Public Sector.