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Understanding Supply Chain Risk Management

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Understanding Supply Chain Risk Management

The course Understanding Supply Chain Risk Management (SCRM) introduces the learner to the multitude of risks that threaten the operation of supply chains at national and global levels. In the previous course we looked at Supply Chain Ecosystems and supply risk involves adverse and unexpected changes to any elements of a supply chain ecosystem. The aim of SCRM is to reduce supply chain vulnerability by identifying and managing risks within the supply chain and external to it. The course gives examples of resource uncertainties, characteristics of Wicked problems, and describes the elements of a cyber attack. It also lists the six strategies to reduce overall risk exposure. This free online 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.<br />

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