Overview
Supply Chain Risk Management
Course Overview
Supply Chain Risk Management (SCRM) is the systematic process of identifying, assessing, mitigating, and monitoring potential disruptions across the supply chain to ensure business continuity, customer satisfaction, and financial performance. It aims to protect the supply chain from unpredictable internal and external threats—ranging from supplier failures and transportation delays to geopolitical crises, pandemics, and cybersecurity attacks.
Course Outline
Introduction to Supply Chain Risk Management
What is Supply Chain Risk?
Evolution of risk management post-COVID, Suez Canal, and Ukraine conflict
Frameworks: ISO 28000, NIST, SCOR model
Bullwhip effect
Ripple effect
Categories of risks
Operational
Geopolitical
Financial
Environmental (climate, natural disasters)
Supplier and logistics risk
Risk Identification & Mapping
Techniques: Risk mapping, failure mode and effect analysis (FMEA), heat maps
Internal vs. external risk factors
Tools of risk identification.
Supply Chain Visibility and Vulnerability
Gartner’s Supply Chain Risk Index
Importance of Tier 1, 2, and 3 supplier visibility
Supplier scorecards and risk rating systems
Mitigation and Contingency Planning
Risk mitigation strategies
Business continuity planning (BCP) and disaster recovery
Redundancy vs. efficiency trade-offs
Scenario Planning and Simulation
What-if analysis
Tools of planning
Building a Risk-Resilient Culture
Embedding risk thinking across procurement, logistics, and planning
Role of leadership and cross-functional teams
Monitoring and control systems
At program completion; participants will be able to:
1.Identify and assess key types of risks in global and local supply chains
2. Develop risk mitigation and contingency strategies
3. Apply tools to monitor and respond to disruptions
4. Build resilient supply chains through scenario planning and design choices
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Course Features
- Lecture 0
- Quiz 0
- Duration 12 Hours
- Skill level All levels
- Language English
- Students 0
- Assessments Yes