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 through 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 GLOMACS training course on supply chain risk management will highlight:
At the end of this training course, delegates will learn to:
This Supply Chain Risk Management training course uses a hands-on approach. The delegates will be provided with a personal learning edition of the anyLogistix software and will be walked through the examples of using the software for supply chain risk management, optimization and recovery planning.
Delegates will use AnyLogic and anyLogistix software to prepare dynamic simulation models from which they will identify the possible causes of disruptions and use modern techniques of risk assessments, and prepare measures to remove reduce or repair negative influences.
The delegates will create simulation models based on the actual examples from the industry, either form the sources available from AnyLogic or anyLogistix models or the available sources within their own industry.
Complexity management and system modelling is now a basis for handling uncertainty in supply chains. A particular feature of risk management in supply chains (unlike in technical systems) is that people do not strive for a 100% guarantee of the result: they consciously tend to take risks. Therefore, organizations need people that can provide the system with resiliency, flexibility in sourcing, supply chain visibility, adaptability and resilience, prepared to mitigate the emerging risks and recover from disturbances in the supply chain.
From this training course, organizations can expect to benefit by their employees learning:
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