Supply Chain Risk Management In A Globalized World Training Course

Introduction

In today's interconnected global economy, effective Supply Chain Risk Management in a Globalized World is absolutely critical for maintaining operational continuity, optimizing efficiency, and safeguarding organizational resilience. This essential training course is meticulously designed to equip supply chain professionals, risk managers, operations directors, procurement specialists, and logistics experts with the specialized knowledge and practical skills required for addressing vulnerabilities in supply chains caused by geopolitical and economic factors. Participants will gain a robust understanding of identifying, assessing, mitigating, and monitoring diverse supply chain risks, from geopolitical instability and trade wars to economic downturns and natural disasters, enabling them to build resilient and agile global supply networks. Our comprehensive curriculum emphasizes hands-on application, best practices, and real-world case studies pertinent to navigating complex international trade dynamics, empowering you to ensure business continuity and drive strategic advantage.

This global supply chain resilience course is crucial for individuals and organizations striving to move beyond traditional logistics towards a proactive, integrated approach to managing the inherent uncertainties of a globalized marketplace. Mastering geopolitical supply chain risk assessment, implementing advanced supplier due diligence, and understanding strategies for building agile and diversified supply networks are indispensable for minimizing disruptions, controlling costs, protecting brand reputation, and ensuring consistent product delivery. This program offers an unparalleled opportunity to elevate your expertise in strategic supply chain oversight and global risk mitigation, positioning your organization at the forefront of adaptive supply chain management and driving significant long-term value creation.

Target Audience

• Supply Chain Managers & Directors
• Procurement & Sourcing Professionals
• Logistics & Operations Managers
• Risk Management Professionals
• Business Continuity Specialists
• Strategic Planners
• Compliance & Trade Professionals

Course Objectives

• Understand the fundamental concepts of supply chain risk management in a globalized context.
• Learn methodologies for identifying and assessing diverse vulnerabilities in global supply chains.
• Master techniques for analyzing geopolitical and macroeconomic impacts on supply chain resilience.
• Develop proficiency in designing and implementing robust risk mitigation strategies for supply networks.
• Explore best practices for conducting comprehensive supplier due diligence and relationship management.
• Understand the role of technology and data analytics in enhancing supply chain visibility and risk intelligence.
• Learn about robust metrics and reporting for supply chain risk performance.
• Identify the critical role of collaboration and communication across the supply chain ecosystem.
• Develop skills in creating resilient and agile supply chain designs.
• Understand the implications of trade policies, sanctions, and regulatory changes on global supply chains.
• Explore strategies for business continuity and disaster recovery within the supply chain.
• Drive the implementation of a comprehensive supply chain risk management framework.
• Position yourself as a leader capable of navigating global supply chain complexities and disruptions.

Duration

10 Days

Course Content

Module 1. Understanding Globalized Supply Chain Risks

• Defining supply chain risk in a global context
• The interconnectedness of global supply chains and cascading effects of disruptions
• Categories of supply chain risks: operational, financial, geopolitical, environmental, cyber
• Impact of globalization, outsourcing, and lean principles on supply chain vulnerability
• Strategic importance of resilient supply chains for business continuity

Module 2. Geopolitical and Economic Factors in Supply Chain Risk

• Analyzing geopolitical instability: trade wars, sanctions, political unrest
• Impact of macroeconomic factors: inflation, currency fluctuations, recessions
• Assessing country-specific risks and sovereign risk
• Understanding the role of international trade agreements and tariffs
• Scenario planning for geopolitical and economic disruptions

Module 3. Supply Chain Risk Identification & Mapping

• Methodologies for mapping complex global supply chains end-to-end
• Identifying critical nodes, single points of failure, and chokepoints
• Risk assessment techniques for suppliers, logistics, and production
• Utilizing supply chain mapping tools and visualization software
• Leveraging external intelligence for proactive risk identification

Module 4. Supplier Risk Management & Due Diligence

• Developing a robust supplier risk assessment framework
• Conducting comprehensive due diligence for new and existing suppliers
• Financial health assessment of critical suppliers
• Ethical sourcing, human rights, and environmental compliance in supplier networks
• Contractual agreements for risk allocation and performance

Module 5. Supply Chain Risk Mitigation Strategies

• Diversification strategies: multi-sourcing, regionalization, insourcing
• Inventory management strategies for resilience (e.g., strategic buffers)
• Implementing agile and flexible supply chain designs
• Process standardization and automation to reduce operational risks
• Investment in resilient infrastructure and technology

Module 6. Supply Chain Monitoring and Visibility

• Leveraging real-time data for supply chain visibility and tracking
• Implementing early warning systems for potential disruptions
• Utilizing IoT, blockchain, and AI for enhanced monitoring
• Key Risk Indicators (KRIs) for supply chain health and performance
• Establishing a supply chain risk intelligence dashboard

Module 7. Logistics and Transportation Risk Management

• Identifying risks in global shipping, freight, and transportation
• Managing port disruptions, customs delays, and infrastructure failures
• Security risks in transit: theft, piracy, cargo tampering
• Optimizing logistics networks for efficiency and resilience
• Insurance and liability considerations for goods in transit

Module 8. Business Continuity & Disaster Recovery in Supply Chains

• Developing supply chain-specific business continuity plans
• Crisis management and emergency response for supply chain disruptions
• Recovering from natural disasters, pandemics, and major incidents
• Communication protocols during supply chain crises
• Testing and validating supply chain continuity plans

Module 9. Information & Cybersecurity Risk in Supply Chains

• Protecting sensitive supply chain data from cyber threats
• Managing risks from third-party IT systems and integrations
• Cybersecurity protocols for suppliers and logistics partners
• Preventing intellectual property theft and data breaches
• Incident response for cyberattacks impacting the supply chain

Module 10. Regulatory Compliance and Ethical Sourcing

• Understanding international trade regulations and customs compliance
• Sanctions compliance and export controls
• Anti-bribery and corruption (ABC) measures in global procurement
• Labor laws, human rights, and environmental regulations across jurisdictions
• Ensuring ethical and sustainable sourcing practices

Module 11. Collaboration and Communication Across the Supply Chain

• Building strong relationships with key suppliers and partners
• Establishing clear communication channels for risk sharing and response
• Collaborative planning, forecasting, and replenishment (CPFR) for risk reduction
• Information sharing protocols for early warning and coordination
• The role of trust and transparency in supply chain resilience

Module 12. Digitalization and Emerging Technologies for SCRM

• Impact of Industry 4.0 on supply chain risk management
• Leveraging Artificial Intelligence (AI) and Machine Learning (ML) for predictive risk analytics
• Blockchain for supply chain transparency and traceability
• Digital twins and simulation for optimizing supply chain resilience
• Robotics and automation in logistics and operations

Module 13. Future Trends in Global Supply Chain Risk Management

• Increasing focus on ESG (Environmental, Social, Governance) risks in supply chains
• Reshoring, nearshoring, and regionalization trends
• The impact of climate change on supply chain disruptions
• Circular economy principles and sustainable supply chains
• Adapting SCRM to future geopolitical and technological shifts

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: info@skillsforafrica.org, training@skillsforafrica.org  Tel: +254 702 249 449

Training Venue

The training will be held at our Skills for Africa Training Institute Training Centre.

We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Skills for Africa Training Institute certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: info@skillsforafrica.org, training@skillsforafrica.org  Tel: +254 702 249 449

Terms of Payment: Unless otherwise agreed between the two parties’ payment of the course fee should be done 10 working days before commencement of the training.