Course Description

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 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.

Objectives

At the end of this training course, delegates will learn to:

Identify the dynamic structure of supply chain

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

The benefit of this course

The use of dynamic simulation tools for supply chain risk identification and influence measurement

Dynamic control of the actual risks and mitigation measures for their supply chains

Understand redundancy, robustness, stability, flexibility, resilience

Preparing a performance and recovery analysis framework

The structured knowledge of supply chain and logistics dynamics and risk identification

Knowledge on risks in the supply chains of modern age, like IT risks

Simulation techniques, advantages and limitations

Step-by-step process of supply chain risk simulation and recovery measures prioritization

Course Outline

DAY 1

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

DAY 2

Risk Management in the Supply Chain

Framework of risk control

Operational risks

Disruption risks

Bullwhip effect

DAY 3

Supply Chain Resilience

Ripple effect

Mitigation strategies for ripple effect

Supply chain and operations sisruption management framework

Supply chain resilience framework

Modeling ripple effect and its mitigation with anyLogistix

Models and algorithms of supply chain reconfiguration

DAY 4

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

DAY 5

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