Risk Management in the Supply Chain
Course Description
Effective supply chain professionals need to be able to ensure their organizations become industry pace setters, by better managing their supply chains to achieve reduced costs, whilst at the same time, improving service levels. However, global trade has brought about proportionally high levels of risk and uncertainty. In turn, this uncertainty creates a risk spiral that is accompanied by increased cost and reduced levels of service. Risk is found in all supply chains, but with analysis, preparation and action, these risks can be avoided, managed or deflected. Smart organizations must therefore find ways to manage risk, uncertainty and variability and at the same time, look to reduce cost and improve service.
The Training Course Will Highlight ?

This course shows how to apply useful tools and techniques to successfully manage this dilemma and paradox.

Training Objective

By the end of the program participants will be able to:

  • Understand the strategic concept of supply chain and its tactical and operational application
  • Demonstrate knowledge of logistics operations and associated supply chain issues, and their impact on supply chain performance
  • Understand the concept and process of risk management
  • Use and apply checklists and models to enable effective risk management of supply chains
  • Apply best practice solutions
  • Apply a thorough understanding of supply chain activities
  • Identity, analyze and evaluate supply chain risk
  • Understand the keys aspects in reducing risk
  • Use risk management tools and techniques
  • Make supply chain organizational improvements 
  • Understanding the supply chain operations
  • Understand what drives your other supply chain players
  • Use analytical tools to identify supply chain risk
  • Make cost and service improvements

Target Audience

Supply chain professionals, warehousing professionals, buyers and purchasing professionals, logistics and transportation professionals, sourcing, procurement, and supplier management professionals, production and manufacturing professionals, anyone who needs an understanding of the relationships between risk, cost and service in supply chains.

Training Methods

This interactive Training will be highly interactive, with opportunities to advance your opinions and ideas and will include;

  • Lectures
  • Workshop & Work Presentation
  • Case Studies and Practical Exercise
  • Videos and General Discussions

Daily Agenda

Understanding the Supply Chain

  • Supply Chain Definitions
  • The 8 Supply Chain Rules
  • Customers, competitive advantage and demand
  • Supply Chain Models and Types
  • The Global Supply Chain
  • Incoterms 3000 and reducing Risk
  • Recognizing Risks in the Supply Chain

Identifying Supply Chain Instabilities and Risks 

  • Internal supply chain risks
  • PESTLE risks
  • Inventory risks
  • Financial risks
  • Disruption risks
  • Security risks
  • Mismanaged relationship risks
  • Procurement risks
  • Logistics risks
  • Learning from the 2008 economic crisis

Understanding the Risk Spiral 

  • Consequences
  • Outcomes
  • Analyzing the key drivers of risk

 Reducing Supply Chain Risk 

  • Improving visibility
  • Reducing variability
  • Maintaining velocity
  • Restoring confidence
  • Enabling agility and synchronicity in supply chain
  • Applying Supplier Relationship Management

Using Risk Management Tools and Techniques 

  • Risk mitigation options
  • Risk mitigation matrix
  • Risk management principles
  • RAG assessment
  • The role of Procurement and Supply Chain strategy
  • Evaluation and prioritization of risks
  • The risk management matrix
  • Developing a risk management culture
  • Contingency and risk management planning
  • Supply chain resilience

Rethinking the Supply Chain 

  • Supply chain futures and predictions
  • Agility
  • Network design
  • China supply chain effects
  • Going Green
  • Professional leaders/manager development
  • Reengineering supply chains end to end to minimize risk
  • Organization development
  • Models for change
Accreditation

BTS attendance certificate will be issued to all attendees completing minimum of 75% of the total course duration.

Quick Enquiry

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Course Rounds : (5 -Days)


Code Date Venue Fees Register
PRO137-01 22-06-2025 Dammam USD 5450
PRO137-02 10-08-2025 Dubai USD 5450
PRO137-03 12-10-2025 Cairo USD 5450
PRO137-04 07-12-2025 Dubai USD 5450
Prices doesn't include VAT

UpComing Date


Details
  • Start date 22-06-2025
  • End date 26-06-2025

Venue
  • Country Saudi Arabia
  • Venue Dammam

Quality Policy

 Providing services with a high quality that are satisfying the requirements
 Appling the specifications and legalizations to ensure the quality of service.
 Best utilization of resources for continually improving the business activities.

Technical Team

BTS keen to selects highly technical instructors based on professional field experience

Strengths and capabilities

Since BTS was established, it considered a training partner for world class oil & gas institution

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