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International Business School: Module 2 - Supply Chain Risk Management
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The International Business School is made up of 2 bookable modules:
International Business School: Module 1 - Geopolitical Risk in International Business
International Business School: Module 2 - Supply Chain Risk Management
The pandemic has accelerated the drivers of geopolitical change, entrenching the bipolar confrontation between the US and China, the reconfiguration of international supply chains and the declining commitment to international law. An increased focus on sustainability and climate change, rising inequality within and across nations, the dominance of big tech and the rise of cryptocurrencies, is rapidly shifting the global balance of power.
Course Overview
The conflict in Ukraine has been a shock to supply, compounding the deep shock inflicted to supply and demand by the coronavirus pandemic. These occurrences have been severe in their implications for every economy affected and revealed the inherent weaknesses in international supply chains.
These challenges have been exacerbated by government sanctions and the prioritising of geopolitical objectives over security of supply and established patterns of trade. Never have global supply chains been under such pressure and the role of the supply chain manager been of such significance to corporate success.
Through case studies, practical examples and discussion, this course will provide the tools to navigate the changing landscape of international supply chains. It will provide a strong foundation to reconsider supply chain management, to develop strategies to enhance security of supply and to reconsider supply chains in the context of long term environmental sustainability.
- Principal analytical methods for understanding data and guiding decision-making
- Identifying and managing risks to supply chain integrity
- Understanding the social, ethical and environmental responsibilities of a corporation
- Executing a procurement strategy that supports corporate objectives
- Why geopolitical risk matters for supply chain management
- Using supply chain risk management strategies to competitive advantage
This course will be of most value to:- Supply chain managers and associates
- Logistics professionals
- Procurement professionals
- Risk managers
- Commercial buyers and suppliers
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Day One: Effective Supply Chain Management
Session 1: Introduction to Supply Chain Management- Concept and objectives of supply chain management
- Components of supply chain management
- Supply-side and demand-side risk
- Drives affecting supply chain management performance
Session 2: Supplier Selection, Strategy & Management
- Supplier selection strategies
- Pricing and buying
- Vendor management inventory
- Sources of power in the supply chain
Session 3: Quality Control & Assurance- Dimensions of quality
- Total quality management
- Principles of quality management
- Costs of quality
Session 4: Risk in Supply Chain Management
- Rethinking supply chain risk
- Risk prioritisation
- Developing new tools to manage new risks
- Finding opportunities in disruption
Exercise (in syndicates): Participants will consider the challenges of managing an information based supply chain risk.
Session 5: Workshop Review
- Recap on key objectives and how these have been addressed
- Action planning points
Day Two: Reinventing Supply Chain Management
Session 1: Sustainable Supply Chain Management- Environmental, social and economic responsibility to stakeholders
- Challenges and requirements of building sustainable products and supply chains
- Ethics and corporate social responsibility in supply chains
- Sustainability as a competitive advantage
Exercise (in syndicates): Participants will analyse the strategy a multilateral corporation has adopted to build a sustainable supply chain.
Session 2: Creating a Sustainable Supply Chain
- What does a "good" supply chain look like and how to achive it
- How to work with suppliers on the journey to substainability
- Tools to help managers understand and sustainability performance of suppliers
- Strategies to embed sustainability with an organisation
Exercise (in syndicates): Participants will identify the most significant sustainability areas within their organisation's procurement chain. Based on these findings, participants will discuss how procurement could become a primary driver of sustainability within their organisation.
Session 3: Humanitarian Supply Chain Management- Differences between commercial and humanitarian supply chains
- Effective humanitarian supply chain management
- Measuring and monitoring performance
- Managing people, relationships and communications
Exercise (in syndicates): Participants will analyse the challenges of implementing an effective supply chain management strategy to meet the humanitarian needs caused by a natural disaster.
Session 4: Information Technology & Analytics in Supply Chain Management- Analytics in enhancing business decisions
- Powering supply chains using AI
- Omnichannel supply chains
- Blockchain technology in supply chain management
Exercise (in pairs): Participants will complete a number of short exercises involving the role of technology in supply chains.
Session 5: Workshop Review- Recap on key objectives and how these have been addressed
- Action planning points
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Our Tailored Learning Offering
Do you have five or more people interested in attending this course? Do you want to tailor it to meet your company’s exact requirements? If you’d like to do either of these, we can bring this course to your company’s office. You could even save up to 50% on the cost of sending delegates to a public course and dramatically increase your ROI.
If you want to run this course at a location convenient to you or if you want a completely customised learning solution, we can help.
We produce learning solutions that are completely unique to your business. We’ll guide you through the whole process, from the initial consultancy to evaluating the success of the full learning experience. Our learning specialists ensure you get the maximum return on your training investment.
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We have a combined experience of over 60 years providing learning solutions to the world’s major organisations and are privileged to have contributed to their success. We view our clients as partners and focus on understanding the needs of each organisation we work with to tailor learning solutions to specific requirements.
We are proud of our record of customer satisfaction. Here is why you should choose us to help you achieve your goals and accelerate your career:
- Quality – our clients consistently rate our performance ‘excellent’ or ‘outstanding’. Our average overall score awarded to us by our clients is nine out of ten.
- Track record – 10/10 of the world’s largest banks have chosen us as there training provider and we have delivered training across the largest banks and have trained over 25,000 professionals.
- Knowledge – our 100+ strong team of industry specialist trainers are world leading financial leaders and commentators, ensuring our knowledge base is second to none.
- Reliability – if we promise it, we deliver it. We have delivered over 25,000 events both in person and online, using simultaneous translation to delegates from over 99 countries.
- Recognition – we are accredited by the British Accreditation Council and the CPD Certification Service. In an independent review by Feefo we scored 4.2/5 on service and 4.7/5 on Coursecheck
Instructor
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Elizabeth Stephens
Biography
Dr Elizabeth Stephens is an investment and country risk advisor and Managing Director of Geopolitical Risk Advisory, a geopolitical tech company. Elizabeth works with commercial and philanthropic clients in the development of corporate strategy and planning across a range of sectors and geographies, to effectively manage and mitigate risk. For ten years she was Head of Credit & Political Risk Advisory at JLT Specialty where she worked with some of the world’s largest commodity traders, energy companies and financial institutions across Europe, Africa and the Americas. Whilst at JLT she designed and built the World Risk Review, a country risk ratings tool that provides risk ratings and analysis for 198 territories. Elizabeth received a Ph.D. in International Relations from the London School of Economics where she specialised in US foreign policy towards the Middle East. She is a guest Lecturer at London Business School, Cass Business School and Henley Business School, where she delivers Masters and Executive Education courses on a range of subjects including; Geopolitical Risk Management, Strategic Business Analytics, Supply Chain Management and Reputational Risk Management. She is a regular conference speaker and is quoted in the media, including the Financial Times and The Times and has recently appeared on Sky News, the BBC and CNC.
Venue
London
