Training Supply Chain Risk Management
INTRODUCTION
The Supply Chains have become the multi-structural dynamic systems vulnerable to disruptions with a significant impact on entities business and performance. In modern times, supply chain risk management is used to identify the potential sources of risks, their possible influences and propagation trough the supply chain as well as to plan and implement appropriate actions in order to remove, reduce or mitigate supply chain disruptions.
Managing risk has become a crucial challenge for supply chain managers due to growing global competition, rising cost pressures, increasing customer expectations, geopolitics and ever-increasing complexity.
In supply chain design, planning and optimization, we need to take uncertainty and risk into account as we develop decision-oriented solutions. In order to consider possible impact of operational risks and disruptive risks, use of dynamic simulation methods and software is almost mandatory.
This training seminar on Supply Chain Risk Management will highlight:
- How to develop analytical and management skills to analyze bullwhip and ripple effects
- Need for technical skills on batching, ordering rules and events
- Performing variation and comparison experiments in AnyLogistix dynamic simulation software
- Major trade-offs in supply chain risk management
- Planning and avoidance of major Supply Chain disruptions by identifying risk and recovery
The Supply Chains have become the multi-structural dynamic systems vulnerable to disruptions with a significant impact on entities business and performance. In modern times, supply chain risk management is used to identify the potential sources of risks, their possible influences and propagation trough the supply chain as well as to plan and implement appropriate actions in order to remove, reduce or mitigate supply chain disruptions.
Managing risk has become a crucial challenge for supply chain managers due to growing global competition, rising cost pressures, increasing customer expectations, geopolitics and ever-increasing complexity.
In supply chain design, planning and optimization, we need to take uncertainty and risk into account as we develop decision-oriented solutions. In order to consider possible impact of operational risks and disruptive risks, use of dynamic simulation methods and software is almost mandatory.
This training seminar on Supply Chain Risk Management will highlight:
- How to develop analytical and management skills to analyze bullwhip and ripple effects
- Need for technical skills on batching, ordering rules and events
- Performing variation and comparison experiments in AnyLogistix dynamic simulation software
- Major trade-offs in supply chain risk management
- Planning and avoidance of major Supply Chain disruptions by identifying risk and recovery
PROGRAM OBJECTIVES
- Identify the dynamic structure of Supply Chain
- Use AnyLogistix software
- Incorporate dynamic simulation modeling in risk identification
- Plan for uncertainty and reduce impact of disturbances in Supply Chain
- Recover fast from the unwanted events
- Incorporate geopolitics into Supply Chain optimization
WHO SHOULD ATTEND?
- Risk Managers
- Supply Chain Managers
- Operation Managers
- Project Managers
- Finance Managers
- IT Managers
- Plant Managers
- Production Planners
- HR Managers
- Logistics Managers
- Plant Managers
- Business Improvement Specialists
- Consultants
PROGRAM OUTLINE
Structural Dynamics and Supply Chains
- Supply Chain Structure Dynamics Control Problem
- Dynamic Model of Supply Chain Structural Dynamics Control Processes
- Uncertainty and Risks
- Introduction to anyLogic Dynamic Simulation Modelling Software
- Introduction to anyLogistix Supply Chain Modelling Software
Risk Management in the Supply Chain
- Framework of Risk Control
- Operational Risks
- Disruption Risks
- Bullwhip Effect
Supply Chain Resilience
- Ripple Effect
- Mitigation Strategies for Ripple Effect
- Supply Chain and Operations Disruption Management Framework
- Supply Chain Resilience Framework
- Exercise: Modeling Ripple Effect and its Mitigation with anyLogistix
- Models and Algorithms of Supply Chain Reconfiguration
- Mitigation Strategies for Ripple Effect
Structural Dynamic Methods in Supply Chain Risk Management
- Linear and Mixed-Integer Programming Optimization
- Stochastic Programming Fuzzy Logic and Robust Optimization
- Pricing and Game Theory Application in Supply Chain Risk Management
- Simulation: Process, Agent and Dynamic
Supply Chain 4.0 and IT risks for Supply Chain Management
- Industry 4.0 as a New Driver for Supply Chain Structural Dynamics
- IT Risks and Cyber Risks: Real Threats for All Supply Chains
- Managing IT and Cyber Risks in Supply Chains: A Practical Framework
- Adaptive Supply Chain Management Framework
- Flexible Supply Chain Structural Configuration
