Proactive Supply Chain Risk Management

Risk management within supply chains is one of the most significant challenges facing every organization since all organizations are usually members of at least one or more supply chains. As Western Africa undergoes fast growth and rapid economic development, the supply chain management function often suffers from risks such as lack of financial resources, currency risks, long lead times and delays, quality risks, and security risks. In view of these, it is no longer sufficient to merely react to supply chain disruptions. Instead, organizations need to adopt a proactive approach towards managing these risks in order to reap competitive advantage through their supply chains.

Salvo Global’s 3-day intensive Masterclass on “Proactive Supply Chain Risk Management” will allow delegates to understand and minimize the risk factors present throughout the entire supply chain – from the initial supplier to the ultimate customer based on key factoids, case study
application and best-practice tools used in the industry. Delegates will adopt proven strategies to analyze and mitigate end-to-end supply chain risks to capture value, reduce vulnerability and ensure continuity for 2020 & beyond!

Top Learning Objectives

  • Assess and position supply chain risk issues using an end-to-end perspective from the initial supplier through to the ultimate end customer
  • Leverage on the latest ICT developments to digitise your supply chain for improved information flow and collaborations, including how to make your supply chain more customer-centric
  • Negotiate with suppliers using the Supply Chain Risk Continuum to mitigate negative impacts of operational disturbance, tactical disruption and strategic uncertainty.
  • Examine a risk analysis framework for identifying and managing risks relating to imports, which is also applicable to local sourcing
  • Develop and evaluate your supply base with the Transaction Cost-Based Framework (TCF) and the Supplier Risk Profile
  • Understand and manage the financial ramifications of risk including currency fluctuations, payment terms and supplier collusion
  • Implement Business Continuity Management (BCM) to deal with the trade-offs between cost, quality, lean practices and supply chain risk
  • Build strong competencies in Supplier Relationship Management (SRM) to reduce risk through strategic vendor development and sourcing strategies
  • Perform effective budgeting with Total Cost of Ownership (TCO) models to minimise risk
  • Apply best practices in Inventory Management to address risk factors such as long lead time and variability of supply and demand

Who Should Attend?

This course is designed for Managers, Supervisors, General Managers, Heads, Team Leaders, Vice Presidents, Directors, CFO’s and Coordinators of:

  • Supply Chain
  • Procurement
  • Purchasing
  • Sourcing
  • Logistics
  • Inventory Management
  • Risk Management
  • Contracts
  • Warehousing
  • Finance
  • Sales & Marketing

This Masterclass is suitable for professionals involved in supply chain risk management across all industries, especially:

  • Oil & Gas/Petrochemicals/Chemicals
  • Food & Beverage
  • Logistics & Transportation
  • Healthcare &
  • Pharmaceuticals
  • Manufacturing
  • Infrastructure & Construction
  • FMCG
  • Telecommunications
  • Ports & Maritime
  • Power & Utilities
  • Consultancy Services
  • Banking & Finance
  • Retail
  • Information Technology
  • Mining
  • Government

Event Details

10th – 12th June 2020
Singapore