Introduction

Effective supply chain management is essential for organizations seeking to reduce costs, improve service levels, and remain competitive in a global market. This seminar focuses on identifying and managing supply chain risks, improving resilience, and applying practical tools and strategies to handle uncertainty, reduce disruptions, and enhance overall supply chain performance.

Objectives

• Apply a thorough understanding of supply chain activities
• Identify, analyze and evaluate supply chain risk
• Understand the keys aspects of reducing risk
• Use risk management tools and techniques
• Make supply chain organizational improvements

Target Audience

• Supply Chain and Logistics Professionals
• Procurement and Purchasing Managers
• Warehouse and Inventory Management Professionals
• Operations and Distribution Managers
• Risk Management and Business Continuity Professionals
• Procurement and Contract Specialists
• Manufacturing and Production Managers
• Professionals involved in global trade and international logistics
• Team Leaders responsible for supply chain performance and efficiency
• Anyone seeking to improve supply chain resilience, risk management, and operational effectiveness

Outlines 

Day 1: 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
• Recognizing Risks in the Supply Chain

Day 2: 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

Understanding the Risk Spiral

• Consequences
• Outcomes
• Analyzing the key drivers of risk

Day 3: Reducing Supply Chain Risk

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

Day 5: 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