International Ports, Transports and Logistics Operations
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International Ports, Transports and Logistics Operations Course
Introduction:
Welcome to the Supply Chain Management and Procurement Excellence program, where we will explore the critical roles of supply chain managers, procurement managers, and sourcing professionals in effectively managing a company's activities and spend with suppliers. These activities and spend can significantly impact a company's total turnover.
In today's business landscape, a company's competitive advantage in most industries hinges upon its ability to maximize relationships and diligently manage both forward and backward-facing supply chains. The success of a company is determined by its ability to create and sustain added value while maintaining a competitive edge. However, it is crucial to recognize that the potential for value creation and competitive advantage also carries the risk of loss, with potentially devastating repercussions.
Throughout this program, we will delve into the intricacies of supply chain management and procurement excellence. We will explore strategies and best practices for effectively managing supplier relationships, optimizing sourcing decisions, and streamlining supply chain operations. By understanding the critical role of supply chain management and procurement, you will be equipped to drive value creation and gain a competitive advantage for your organization.
We will address key topics such as strategic sourcing, supplier selection and evaluation, contract negotiation, risk management, and performance measurement. Additionally, we will explore emerging trends and technologies that are revolutionizing supply chain management and procurement, including digitalization, data analytics, and sustainability practices.
Through a combination of theoretical knowledge, real-world case studies, and practical exercises, you will develop the skills and expertise needed to excel in supply chain management and procurement roles. You will gain insights into effective supply chain strategies, learn how to mitigate risks, and identify opportunities for value creation.
By the end of this program, you will possess the knowledge and tools necessary to optimize supply chain management, procurement activities, and supplier relationships. Whether you are a supply chain manager, procurement professional, or sourcing expert, this program will empower you to drive excellence, minimize risks, and achieve superior outcomes for your organization.
Join us on this transformative journey to unlock the full potential of supply chain management and procurement, and gain a competitive advantage in today's dynamic business environment.
Course Objectives:
By the end of the course, participants will be able to:
- Outline modern supply chain and risk management concepts as a foundation for operational success
- Plan supply chain management risk process to match organizational requirements
- Identify and assess sources of risk from across the supply chain
- Evaluate risks qualitatively and quantitatively using a versatile toolkit
- Develop risk mitigation and contingency plans to ensure uninterrupted supply flow
- Recognize cultural, ethical, and legal parameters for consideration in supply chain risk management planning
Who Should Attend?
Supply chain and logistics professionals, in particular those at operational, supervisory, and management levels. The course is ideal for those seeking to complement their supply chain and logistics experience with risk management skills suited for their day to day operations.
Course Outlines:
Supply Chain Management and Risk
- Supply chain overview
- Functions of a supply chain
- Supply chain objectives
- Supply chain configuration
- Introduction to risk management
- Why take risks?
- Risk Perception
- Risk within dynamic environments
- Benefits of supply chain risk management
Planning Risk Process in Supply Chains
- Risk management process overview
- Risk management deliverables
- Plan approach
- Risk administration
- Supply chain risk definitions
- Distribution of roles
- Stakeholder management
- Developing a communications plan
- Managing change
- Risk tolerance
- Risk appetite
- Cultural considerations
- Templates
Identifying Supply Chain Risks
- Identifying risks
- Scoping supply chain risks
- Internal versus external risks
- SIPOC model
- Value chain analysis
- SCOR framework
- Work breakdown structure
- Scope change risks
- Risk types and categories
- Service level risks
- Financial risks
- Risk identification and evaluation toolkit
Evaluating Supply Chain Risks
- Risk analysis
- Measuring likelihood of risk
- Measuring impact of risk
- Expert options (interview)
- Benchmarking as a tool for risk evaluation
- Modeling and simulations
- Probability distributions
- Three-point estimates
- Common distribution curves for evaluating risks
- Sensitivity analysis
- Decision tree analysis
- Mapping risks
- Using risk heat maps
Responding to Supply Chain Risks
- Risk response strategies
- Accept, reject and transfer
- Mitigation and contingency planning
- Mitigation strategies for transportation risks
- Mitigation strategies for warehousing risks
- Mitigation strategies for inventory management risks
- Mitigation strategies for sourcing risks
- Sourcing strategies to exercise power
- Sourcing strategies to create an advantage
- Secondary and residual risks
Controlling Supply Chain Risks
- Benefits of monitoring and control
- Work performance evidence
- Change requests
- Ethical considerations
- Legal considerations
- Managing a risk charter
- Elements of risk charter
- Ownership of risk charter
- Defining risk responsibilities and accountabilitie