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Understanding Supply Chain Risk Management - Revised 2018

Supply Chain Management
Free Course

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

  • Duration

    2-3 Hours
  • Assessment

    Yes
  • Certification

    Yes
  • Responsive

    Yes
  • Publisher

    NPTEL
Description Outcome Certification View course modules

Supply risk involves adverse and unexpected changes to any elements of a supply chain ecosystem, and a multitude of risks threaten the operation of supply chains at national and global levels.

The course begins by introducing the concept of Supply Chain Risk Management (SCRM). You will then learn how SCRM can reduce supply chain vulnerability by identifying and managing risks within the supply chain and external to it. It also lists the six strategies to reduce overall risk exposure. The course gives examples of resource uncertainties, characteristics of Wicked problems, and describes the elements of a cyber-attack.

This course will be of great interest to all professionals who work in the areas of operations management, logistics, procurement and information technology, and to all learners who are interested in developing a career in the area of supply chain management.

Prerequisites: It is recommended that you have studied the courses 'Introduction To Supply Chain Management – Revised 2018', 'Understanding Supply Chain Ecosystems – Revised 2018', and 'Introduction To Supply Chain Design – Revised 2018'.

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.

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

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