The modern global economy is built on a complex web of interconnected supply chains that have delivered decades of efficiency, lower costs, and globalized production. However, recent years have exposed the inherent fragility of this system. Events like pandemics, geopolitical tensions, and trade wars have acted as powerful shocks, disrupting the flow of goods and creating significant bottlenecks. These disruptions can translate directly into inflationary pressures as businesses face higher costs for raw materials, components, and transportation, which are often passed on to the consumer. Understanding the anatomy of these shocks is crucial for both policymakers trying to manage inflation and business leaders seeking to build more resilient operations.

This program provides a comprehensive and practical guide to the complex interplay between global supply chains, trade policy, and macroeconomic stability. Participants will gain a deep understanding of the key drivers of supply chain-related inflation, from tariff hikes and reshoring to geopolitical risks and infrastructure limitations. The course will address everything from the design of a resilient supply chain and the use of a diversified sourcing strategy to the macroeconomic models used to assess the inflationary impact of trade policy. By focusing on real-world case studies and robust analytical frameworks, attendees will be equipped to analyze risks, make more informed decisions, and formulate effective strategies to navigate a new era of global economic uncertainty.

Duration: 10 days

Target Audience:

• Central Bank Officials
• Corporate Strategists and Planners
• Supply Chain Managers and Logistics Professionals
• Trade Negotiators and Government Policy Analysts
• Economists and Macroeconomic Forecasters
• Financial Analysts and Investors
• Risk Management and Compliance Officers
• Public Policy and International Relations Experts
• Academics and Researchers
• Senior Management in Manufacturing and Retail

Objectives:

• Master the core drivers of inflation related to supply chain disruptions.
• Learn to identify and analyze the impact of trade wars and tariffs.
• Understand the channels through which supply shocks are transmitted to consumers.
• Grasp the complexities of supply chain resilience and diversification.
• Develop proficiency in the use of both conventional and unconventional tools.
• Explore best practices for managing geopolitical and reshoring risks.
• Learn about robust methods for modeling supply chain-related inflation.
• Identify the critical legal and governance frameworks for international trade.
• Develop skills in translating macroeconomic data into business strategy.
• Formulate strategies for building a more stable and resilient global economy.

Course Modules:

Module 1: The Modern Global Supply Chain

• The evolution of global supply chains
• The role of efficiency and just-in-time inventory
• The benefits of globalization and specialization
• The inherent fragilities and vulnerabilities
• The role of a "clear and focused research question"

Module 2: The Anatomy of a Shock

• The impact of a pandemic on logistics and labor
• The role of a "risk and mitigation" plan
• The effects of a trade war on trade flows
• The impact of natural disasters on production
• The importance of a simple scorecard and a dashboard

Module 3: Trade Wars and Tariffs

• The economic theory of tariffs and trade barriers
• The use of a "data story map"
• The direct and indirect inflationary effects of tariffs
• The impact on corporate profitability and consumer prices
• The importance of a "clear and consistent reporting style"

Module 4: Supply Chain Bottlenecks

• The causes of port congestion and shipping delays
• The role of a program's theory of change
• The impact on inventory levels and production
• The use of a "stakeholder analysis"
• The role of a clear and compelling KPI

Module 5: Reshoring and Friend-Shoring

• The concept of bringing production back home
• The importance of a "risk and mitigation" plan
• The economic costs and benefits of reshoring
• The use of a simple scorecard and a dashboard
• The role of government subsidies and incentives

Module 6: Modeling Inflationary Pressures

• The use of input-output models
• The importance of a "data story map"
• The role of computable general equilibrium (CGE) models
• The use of a "clear and consistent reporting style"
• The challenges of forecasting in a shock-prone world

Module 7: The Role of Central Banks

• The monetary policy response to a supply shock
• The role of a program's theory of change
• The debate over "transitory" vs. "persistent" inflation
• The use of a "stakeholder analysis"
• The role of a clear and compelling KPI

Module 8: Corporate Strategy

• The concept of supply chain resilience
• The importance of a "clear and focused research question"
• The use of a diversified sourcing strategy
• The role of a "risk and mitigation" plan
• The impact on corporate earnings and profitability

Module 9: Geopolitical Risk

• The impact of political instability on trade
• The use of a simple scorecard and a dashboard
• The role of sanctions and export controls
• The importance of a "data story map"
• The role of a "clear and consistent reporting style"

Module 10: Logistics and Transportation

• The role of a program's theory of change
• The impact of a clear and compelling KPI
• The use of a "stakeholder analysis"
• The importance of a "clear and focused research question"
• The role of a "risk and mitigation" plan

Module 11: Case Studies

• Case study: The impact of the US-China trade war
• Case study: The inflationary effects of the pandemic
• The lessons from past supply shocks
• The role of a simple scorecard and a dashboard
• The importance of a "data story map"

Module 12: Legal and Governance

• The role of international trade law
• The use of a "clear and consistent reporting style"
• The impact of WTO disputes
• The role of a program's theory of change
• The importance of a "stakeholder analysis"

Module 13: Data and Technology

• The use of AI and big data in supply chain management
• The use of a clear and compelling KPI
• The role of blockchain for supply chain transparency
• The importance of a "clear and focused research question"
• The role of a "risk and mitigation" plan

Module 14: The Future of Global Trade

• The trend towards regionalization and "nearshoring"
• The use of a simple scorecard and a dashboard
• The impact of climate change on supply chains
• The importance of a "data story map"
• The future of a "clear and consistent reporting style"

Module 15: Political Economy

• The political drivers of trade policy
• The role of a program's theory of change
• The impact on labor markets and wages
• The importance of a "stakeholder analysis"
• The use of a clear and compelling KPI

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.