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Understanding Supply Chain Risk Management - Revised 2018

Learn key aspects of supply chain management such as supply chain ecosystems, modern manufacturing services, and more.

Supply Chain Management
Free Course
This free online course on Supply Chain Risk Management (SRCM) will teach you the importance of this practice and how to apply it to your organization. In a world where uncertainties abound, learning Supply Chain Risk Management (SCRM) is essential. This will help your organization reduce supply chain vulnerability by identifying and managing the risks within the supply chain, including related external factors. Gain this skill, today.
  • Duration

    2-3 Hours
  • Assessment

    Yes
  • Certification

    Yes
  • Responsive

    Yes
  • Publisher

    NPTEL

Description

Outcome

Certification

View course modules

Description

This course will first introduce you to the aim of the Supply Chain Risk Management (SCRM). It will discuss the changes and effects that a supply chain network might face when a supply chain disruption occurs in its ecosystem. You will learn what makes up a Supply Chain Ecosystem and study the different risk sources that may impact a supply chain. You will also look into cyber security which poses the biggest risk to supply chain connectivity.

You will then study the characteristics of wicked problems that supply chain faces such as terrorism, poverty, and global warming, to name a few. The course will discuss risk propagation and amplification, risk management, and resilient supply chains as well as teach you how to adopt flexibility for resilience. You will also study the three important factors of supply chain risk that are usually overlooked, as well as the six strategies that you can use to reduce overall risk exposure.

Effective management of a supply chain design is done through the coordination and collaboration of supply chain partners. This will ensure profitability and continuity of the supply chain. This course will teach business entrepreneurs and managers how to identify, monitor, detect, and mitigate threats in their supply chain. Learning these strategies for reducing overall risk exposure in supply chains will make you a crucial component of your organization's profitability. So why wait? Start learning, today.

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Learning Outcomes

Having studied this course you will be able to:


  • Describe the aim of Supply Chain Risk Management.
  • List the elements of a Supply Chain Ecosystem.
  • Describe and give examples of resource uncertainties.
  • Describe and give examples of economic and political related uncertainties.
  • List the characteristics of Wicked problems.
  • Describe Cyber risks and the elements of a cyber-attack.
  • List the six strategies to reduce overall risk exposure.

Certification

All Alison courses are free to enrol, study and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Certificate course, you have the option to acquire official Certification, which is a great way to share your achievement with the world. Your Alison Certification is:

Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive for you to continue empowering yourself through lifelong learning

Alison offers 3 types of Certification for completed Certificate courses:

Digital Certificate - a downloadable Certificate in PDF format, immediately available to you when you complete your purchase
Certificate - a physical version of your officially branded and security-marked Certificate, posted to you with FREE shipping
Framed Certificate - a physical version of your officially branded and security-marked Certificate in a stylish frame, posted to you with FREE shipping

All Certification is available to purchase through the Alison Shop. For more information on purchasing Alison Certification, please visit our faqs. If you decide not to purchase your Alison Certification, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our Certification pricing, please visit our Pricing Page.

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