: Mercury Training Center
: Istanbul-Turkey: +905395991206 - Amman-Jordan: +962785666966 - London (UK): +447481362802

Procurement & Logistics

Supply Chain Risk Management


Introduction:

Effective supply chain professionals need to be able to ensure their organizations become industry pacesetters, by better managing their supply chains to achieve reduced costs, whilst at the same time, improving service levels.

However, global trade has brought about proportionally high levels of risk and uncertainty. In turn, this uncertainty creates a risk spiral that is accompanied by increased cost and reduced levels of service. Risk is found in all supply chains, but with analysis, preparation, and action, these risks can be avoided, managed, or deflected.

Smart organizations must, therefore, find ways to manage risk, uncertainty, and variability and at the same time, look to reduce cost and improve service.

Targeted Groups:

  • Head of Procurement
  • Procurement Professionals
  • Supply Chain Professionals
  • Risk Management Professionals

Course Objectives:

At the end of this course the participants will be able to:

  • Apply a thorough understanding of supply chain activities
  • Identify, analyze and evaluate supply chain risk
  • Understand the keys aspects in reducing risk
  • Use risk management tools and techniques
  • Make supply chain organizational improvements
  • Understand the current supply chains
  • Access them for risk and vulnerability
  • Examine how to mitigate risks
  • Apply appropriate tools
  • Make continual improvements

Targeted Competencies:

  • Analysis
  • Evaluation
  • Improving
  • Make change
  • Risk Management

Course Content:

Unit 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

Unit 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

Unit 3: Understanding the Risk Spiral:

  • Consequences
  • Outcomes
  • Analyzing the key drivers of risk

Unit 4: Reducing Supply Chain Risk:

  • Improving visibility
  • Reducing variability
  • Maintaining velocity
  • Restoring confidence
  • Enabling agility and synchronicity in the supply chain
  • Applying Supplier Relationship Management

Unit 5: 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

Unit 6: 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 minimize risk
  • Organization development
  • Models for change


UK (London)
29/11/2021 - 3/12/2021
Euro 4500
Netherlands (Amsterdam)
3/1/2022 - 7/1/2022
Euro 4500
Germany (Munich)
3/1/2022 - 7/1/2022
Euro 4500
UAE (Dubai)
9/1/2022 - 13/1/2022
Euro 3700
Egypt (Sharm El-Sheikh)
16/1/2022 - 20/1/2022
Euro 2500
Manama (Bahrain)
16/1/2022 - 20/1/2022
Euro 2500
Oman(Muscat)
16/1/2022 - 20/1/2022
Euro 2500
Kuwait (Kuwait)
16/1/2022 - 20/1/2022
Euro 2500
USA (Boston)
17/1/2022 - 21/1/2022
Euro 5000
Online
23/1/2022 - 27/1/2022
Euro 1250
Egypt (Cairo)
13/2/2022 - 17/2/2022
Euro 2500
Turkey (Istanbul)
20/2/2022 - 24/2/2022
Euro 3000
UK (London)
21/2/2022 - 25/2/2022
Euro 4500
Malaysia (Kuala Lumpur)
27/2/2022 - 3/3/2022
Euro 3500
Spain (Barcelona)
14/3/2022 - 18/3/2022
Euro 4500
Jordan (Amman)
20/3/2022 - 24/3/2022
Euro 2500
Canada (Toronto)
4/4/2022 - 8/4/2022
Euro 5000
Turkey (Istanbul)
17/4/2022 - 21/4/2022
Euro 3000
Online
1/5/2022 - 5/5/2022
Euro 1250
France (Paris)
16/5/2022 - 20/5/2022
Euro 4500
Spain (Barcelona)
23/5/2022 - 27/5/2022
Euro 4500
Egypt (Cairo)
5/6/2022 - 9/6/2022
Euro 2500
Spain (madrid)
6/6/2022 - 10/6/2022
Euro 4500
Ukraine (Kyiv)
6/6/2022 - 10/6/2022
Euro 3500
UAE (Dubai)
12/6/2022 - 16/6/2022
Euro 3700
UK (London)
20/6/2022 - 24/6/2022
Euro 4500
Italy (Rome)
20/6/2022 - 24/6/2022
Euro 4500
Singapore (Singapore)
11/7/2022 - 15/7/2022
Euro 4500
Malaysia (Kuala Lumpur)
17/7/2022 - 21/7/2022
Euro 3500
Egypt (Cairo)
24/7/2022 - 28/7/2022
Euro 2500
Egypt (Sharm El-Sheikh)
31/7/2022 - 4/8/2022
Euro 2500
Turkey (Istanbul)
31/7/2022 - 4/8/2022
Euro 3000
Morocco (Casablanca)
1/8/2022 - 5/8/2022
Euro 2500
Greece (Athens)
15/8/2022 - 19/8/2022
Euro 4500
Netherlands (Amsterdam)
22/8/2022 - 26/8/2022
Euro 4500
Online
28/8/2022 - 1/9/2022
Euro 1250
UK (London)
5/9/2022 - 9/9/2022
Euro 4500
Italy (Rome)
5/9/2022 - 9/9/2022
Euro 4500
Jordan (Amman)
18/9/2022 - 22/9/2022
Euro 2500
Manama (Bahrain)
2/10/2022 - 6/10/2022
Euro 2500
Switzerland (Geneva)
3/10/2022 - 7/10/2022
Euro 4500
UAE (Dubai)
9/10/2022 - 13/10/2022
Euro 3700