Supply Chain Risk Management

Introduction

Managing supply chain risks (SCRM) to avoid disruptions between supply and demand is at the core of many organizations in today’s context. SCRM has been one of the fastest growing research streams within operations and SCM in recent years. Today’s turbulent environment makes this topic no less important. Challenges of SCRM relate to coping with uncertainty, which often require more ad hoc organising of supply chains. As such, new types of supply chain risks and ways of managing occur. Furthermore, globalization means that today’s supply chains often cross not only organizational boundaries, but also national borders, increasing the uncertainty and subsequent risks, not at least from a sustainability perspective.

The objective of the course is to provide students with insight into the challenges and ways of dealing with supply chain risk management (SCRM) in theory and practice. This includes competence in applying frameworks for identifying, assessing, mitigating, and responding to supply chain risks in a variety of different contexts.

The course combines theory, practical examples, and interactional learning, and students are expected to actively participate through task assignments, presentations, and discussions. 

Course content

• Supply chain risk management (SCRM) – overall concept and frameworks
  • Risk identification and assessment
  • Strategies for mitigating and responding to supply chain risks – design, organising, and planning
• Tools and techniques in SCRM
• SCRM in different types of supply chains and contexts, and for different purposes – applications and implications