Training Course on Supply Chain Risk Management

Course Description

Modern supply chain management is a complex system that is intrinsically impacted by internal and external disruptions. Learning how to manage the risk within the supply chain is of utmost importance to Managers, Senior Executives, and anyone in an associated role. This has never been more important than in recent times with the increasing global pressures such as increased competition, tighter margins, and shifting political environments.

The ability to manage this risk effectively can have far-reaching effects on the growth and sustainability of a company so it is vitally important that your managers are trained in this area. Are you aware of the level of risk currently posed by inefficiencies or disruption to your supply chain? Do you want to build a fully integrated risk management system that will reduce inefficiencies and improve profitability?

This Training Course on Supply Chain Risk Management offered by Phoenix Center for Policy, Research and Training will help you confidently analyze the expected impact of all potential risks and develop the necessary methodology to ensure a smooth and sustainable recovery plan for your organization.

Course Objectives

Upon the successful completion of this Training Course on Supply Chain Risk Management, participants will be able to:

• Understand the complexities and impact of supply chain risk and be able to plan accordingly
• Implement a robust disaster recovery plan
• Utilize relevant technology or software for risk modelling and identification
• Recognize, assess and mitigate various types of risk throughout the supply chain
• Prepare in advance for external or political events that may impact supply chain management
• Develop a strong recovery roadmap and disaster planning framework for the benefit of the organization
• Understand the role of software and technology within this process and becoming familiar with the reporting process

Training Methodology

The course is designed to be highly interactive, challenging and stimulating. It will be an instructor led training and will be delivered using a blended learning approach comprising of presentations, discussions, guided sessions of practical exercise, case study review, web-based tutorials, group work, exploration of relevant issues collaborative strength training, performance measurement, and workshops of participants’ displays, all of which adhere to the highest standards of training. The training technique is built on learning by doing, with lecturers using a learner-centered approach to engage participants and provide tasks that allow them to apply what they’ve learned. Experiential knowledge is also given equal importance within the format of training. Our facilitators are seasoned industry professionals with years of expertise in their chosen fields. All facilitation and course materials will be offered in English.

Who Should Attend?

This Training Course on Supply Chain Risk Management would be suitable for, but not limited to:

• Risk Managers
• Supply Chain Managers
• Other Department Heads such as IT, Finance, Operations
• Human Resources Personnel
• Plant Managers and Senior Staff
• Anyone involved in the supply chain including distribution and operations staff

Course Content

Module 1: Introduction to Risk within Supply Chain Management

• General introduction to Risk and Risk Management within the Supply Chain
• Looking at the general operating functions of a supply chain
• Understanding the implications of good supply chain management
• Outlining the key benefits of a robust risk management framework and effective implementation

Module 2: Understanding Risk Better

• What is risk and why do we tolerate it within efficient organizations?
• Understanding the potential impact of certain types of risks
• Looking at how to analyze, understand and assess risk
• Wider implications and effects of poor risk management
• Identifying the key roles associated with risk management and who is responsible for each stage

Module 3: Identification and Planning

• Understanding the various risk categories and how to assess
• Difference between internal and internal risks
• Studying risk analysis through Six Sigma (Suppliers, Inputs, Process, Outputs, Customer)
• Looking at various risk frameworks
• Identification of risk into various categories such as operational, reputational, financial
• Planning for a resilient supply chain and how to implement this

Module 4: Evaluation of Key Risks

• Understanding and evaluating risk based on the risk management framework
• Using benchmarking and modelling as tools to evaluate risk within the supply chain
• Evaluating risk through the use of projections, simulations, and analysis
• Evaluating the effects of various types of risks through assessing disruption levels and disaster recovery impact
• Understanding various terms such as ripple effect and bullwhip effect, and being able to consider these when evaluating risk

Module 5: Effective and Appropriate Risk Response

• Understanding the options that are available for risk response – Accept, Avoid, Transfer, Mitigate, Explore
• Looking at each option in detail and analyzing the efficiency and feasibility for each type of situation
• Applying each type of risk resolution to key areas within the supply chain management framework such as distribution, manufacturing, and sourcing
• Appropriate risk response strategies and levels of response

Module 6: Developing your Own Risk Management Framework

• Using everything you have learned in the last few modules to develop a tailored risk management framework for your organization
• Incorporating relevant modelling, assessment, benchmarking and analysis tools
• Fundamentals of developing, implementing and rolling out such a framework throughout your supply chain teams
• Considering the impact of a robust risk management framework for the organization

Module 7: Controlling Risk for the Future

• Studying the benefits of improved monitoring and increased control over the supply chain
• Potential issues when implementing your risk management framework
• Assessing future risk and considering legal and ethical obligations as well as financial
• Being able to use your risk management framework as a structured roadmap for the coming months and years
• Assigning roles and responsibilities and delegating ownership of risk

Module 8: Technological and IT Implications for Managing Risk

• Study of the recent technological advances in risk management
• Considering various software integrations that would suit different types of organizations for supply chain risk management
• How to future proof your risk management framework and plan for unexpected events

Requirements

• Participants should be reasonably proficient in English.
• Applicants must live up to Phoenix Center for Policy, Research and Training admission criteria.

NOTE

1. Discounts: Organizations sponsoring Four Participants will have the 5th attend Free
2. What is catered for by the Course Fees: Fees cater for all requirements for the training – Learning materials, Lunches, Teas, Snacks and Certification. All participants will additionally cater for their travel and accommodation expenses, visa application, insurance, and other personal expenses.
3. Certificate Awarded: Participants are awarded Certificates of Participation at the end of the training.
4. The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.
5. Approval of Course: Our Programs are NITA Participating organizations can therefore claim reimbursement on fees paid in accordance with NITA Rules.

How to Book

Simply send an email to the Training Officer on training@phoenixtrainingcenter.com and we will send you a registration form. We advise you to book early to avoid missing a seat to this training.

Or call us on +254720272325 / +254737566961

Payment Options

We provide 3 payment options, choose one for your convenience, and kindly make payments at least 5 days before the Training start date to reserve your seat:

1. Groups of 5 People and Above – Cheque Payments to: Phoenix Center for Policy, Research and Training Limited should be paid in advance, 5 days to the training.
2. Invoice: We can send a bill directly to you or your company.
3. Deposit directly into Bank Account (Account details provided upon request)

Cancellation Policy

1. Payment for all courses includes a registration fee, which is non-refundable, and equals 15% of the total sum of the course fee.
2. Participants may cancel attendance 14 days or more prior to the training commencement date.
3. No refunds will be made 14 days or less before the training commencement date. However, participants who are unable to attend may opt to attend a similar training course at a later date or send a substitute participant provided the participation criteria have been met.

Tailor Made Courses

This training course can also be customized for your institution upon request for a minimum of 5 participants. You can have it conducted at our Training Centre or at a convenient location.

For further inquiries, please contact us on Tel: +254720272325 / +254737566961 or Email training@phoenixtrainingcenter.com  

Accommodation

Accommodation is arranged upon request and at extra cost. For reservations contact the Training Officer on Email: training@phoenixtrainingcenter.com or on Tel: +254720272325 / +254737566961