Supply Chain Risk Management Principles
Principles of SCM
Updated on Sep, 2023
Language - English
Two recent news articles highlight the increased risks.
As the world has become ever more interconnected, and as information expands and moves at the speed of light onto our desktops, social issues can be just as important as traditional supply chain issues.
Today, when threats to your supply chain may arrive via an act of God, or appear in an exploding flurry of Twitter messages, it is important to plan for disruption and to have the tools in place to develop low-cost strategies for dealing with disruption.
The starting point for managing supply chain risk is to design a supply chain that has alternative ways of operating when disrupted.
To approach this problem, need to build a model of your supply chain that includes capacities, costs, revenues.
A Gartner report on how CISCO manages risk noted “Transparency is critical to both internal and external support for supply chain resiliency. Objective metrics contribute to transparency.” In other words, supply chain risk scenario analysis should be sufficiently robust to model a good number of alternatives, to know what is feasible and what is infeasible, and to be able to present metrics on the cost to “de-risk” the possible disruptions.
An excellent tool is to start with learning basics
Who this course is for:
- Beginner Supply chain management
What will you learn in this course:
- Knowledge of English,
- Domain knowledge
- Basic graduate
What are the prerequisites for this course?
- Get basic knowledge from a domain expert in Supply Chain Risk
- Management. This domain has a high growth career potential
Check out the detailed breakdown of what’s inside the course
Introduction to Supply Chain Risks
- Introduction 17:40 17:40
Basic Risk Concepts
Supply Chain risks
Supply Chain risks(contd)
Risk terms & Categories
SC risk responses
Risk Management Techniques
Risk Management Tools
Pattabhi RamanExp. Supply Chain Professional, APICS- CPIM, CSCP, CLTD
Founder & Chief Consultant at Exxpert SCM, Bangalore
* Organizational experience of 25 years
* APICS Certified: CPIM, CSCP, CLTD, DDI Certified - DDPP, ISM Certified - CPM, PMI Certified - PMP
* Analytics qualified, Expert in Supply Chain Analytics
* Trained for Training(Train the Trainer)
# All above 4 qualities make a perfect Supply Chain Trainer, which is possible with only trainers globally
He has wide experience of three decades in the manufacturing sector comprising automotive, and machinery.
He has worked in India and Abroad in MNCs such as BOSCH, WABCO, VISTEON, and BIESSE. He has held various senior positions in the supply chains such as GM – Supply chain, GM – Material Planning, and Logistics.
He has led and managed large teams of supply chain professionals specializing in areas such as warehouse and distribution management, logistics management, and material planning. He has successfully implemented various supply chain processes, optimization projects, ERP implementation projects, cost-saving projects, etc.
Last 5 years, he is heading the current organization, providing both consulting & training. One of the popular program is "Supply Chain Analytics" which has the global audiences and appreciated by peers.
Our organization provides both live and self paced programs
User your certification to make a career change or to advance in your current career. Salaries are among the highest in the world.
Our students work
with the Best
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