Training on Supply Chain Risk Management and Business Continuity

Module 1: The New Era of Supply Chain Risk

• Defining risk: operational, financial, geopolitical, and environmental.
• The shift from efficiency (lean) to resilience (agile).
• Key trends driving supply chain vulnerability: globalization, single-sourcing, and digitization.
• Case Study/Hands-on Exercise: Analyze the impact of a major global disruption (e.g., the Suez Canal blockage or a semiconductor shortage) on various industry sectors and identify the root causes of the vulnerability.

Module 2: Risk Identification and Assessment Frameworks

• Tools for risk mapping and tier-n supplier mapping.
• Qualitative vs. quantitative risk analysis methodologies.
• Developing a risk register and scoring system.
• Case Study/Hands-on Exercise: For a given company (e.g., an automotive manufacturer), map its first, second, and third-tier suppliers for a critical component and conduct a qualitative risk assessment for each tier.

Module 3: Supplier Risk Management and Due Diligence

• Strategies for supplier diversification: multi-sourcing, nearshoring, and onshoring.
• Conducting financial health assessments of key suppliers.
• Implementing supplier codes of conduct and audit programs.
• Case Study/Hands-on Exercise: Evaluate the financial statements and news reports for three key suppliers to determine their risk profile and develop a mitigation strategy for the highest-risk supplier.

Module 4: Geopolitical Risk and Trade Disruptions

• Analyzing the impact of trade wars, sanctions, and political instability.
• Strategies for supply chain regionalization.
• Managing currency fluctuations and commodity price volatility.
• Case Study/Hands-on Exercise: Model the supply chain impact of a sudden 25% tariff being imposed on a key imported component and develop a mitigation plan with options for nearshoring, cost absorption, and price negotiation.

Module 5: Operational Resilience: Logistics and Infrastructure

• Risk in transportation: port congestion, carrier capacity, and fuel costs.
• Diversifying logistics networks and modal choices.
• Building redundancy in warehousing and distribution centers.
• Case Study/Hands-on Exercise: Design a contingency logistics plan for a critical product launch if a key port becomes unavailable for three months.

Module 6: Cybersecurity in the Supply Chain

• Identifying vulnerabilities in interconnected supply chain systems (ERP, TMS, IoT).
• Managing third-party cyber risk with suppliers and partners.
• Developing an incident response plan for a ransomware attack.
• Case Study/Hands-on Exercise: Simulate a ransomware attack on a company’s TMS: map the potential operational impacts and lead a tabletop exercise to execute the initial response.

Module 7: Business Continuity Planning (BCP)

• ISO 22301 framework for business continuity management.
• Conducting a Business Impact Analysis (BIA).
• Developing recovery strategies and plans for critical functions.
• Case Study/Hands-on Exercise: Conduct a BIA for a distribution center, identifying critical processes, maximum allowable downtime, and resource requirements for recovery.

Module 8: Crisis Management and Communication

• Establishing a crisis management team (CMT) and command center.
• Protocols for escalation, decision-making, and communication.
• Managing internal and external communication during a crisis.
• Case Study/Hands-on Exercise: Participate in a crisis simulation where a major supplier faces a fire at its sole manufacturing plant, requiring the CMT to make decisions on inventory allocation, customer communication, and sourcing alternatives.

Module 9: Inventory Risk Management and Buffering Strategies

• Strategic use of safety stock, consignment inventory, and buffer capacity.
• Implementing risk-pooling strategies across distribution networks.
• Using AI and predictive analytics for demand and supply sensing.
• Case Study/Hands-on Exercise: Calculate the optimal safety stock levels for a portfolio of high-volatility items using a risk-based inventory model that factors in supplier lead time variability and demand uncertainty.

Module 10: Building a Resilient Culture and Measuring Success

• Developing key risk indicators (KRIs) and dashboards.
• Embedding risk management into the organizational culture and S&OP process.
• Continuous improvement and learning from post-incident reviews.
• Case Study/Hands-on Exercise: Design a supply chain resilience scorecard for an organization, defining KRIs across supplier, logistics, and operational categories.