Supply-chain risk management (SCRM) is the implementation of strategies to manage both everyday and exceptional risks along the supply chain based on continuous risk assessment, with the objective of reducing vulnerability and ensuring continuity.

SCRM applies to risk management process tools, with partners in a supply chain, to deal with risks and uncertainties caused by or affecting logistics-related activities or resources in the supply chain. The ultimate goal of SCRM is to ensure supply chain continuity in the event of a scenario that otherwise would have interrupted normal business and profitability.

For whom:

This program is designed for supply chain and logistics professionals, particularly those at operational, supervisory, and management levels. It is ideal for those seeking to complement their supply chain and logistics experience with risk management skills suited for their daily operations.

Learning objectives:

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

• Outline modern supply chain and risk management concepts as a foundation for operational success
• Recognize and assess sources of risk from across the supply chain
• Develop risk mitigation and contingency plans to ensure uninterrupted supply flow
• Employ communications and risk project management tools to enable the successful implementation of the risk management plan
• Recognize cultural, ethical and legal parameters for consideration in supply chain risk management planning