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.

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 training course on supply chain risk management will highlight:

• How to develop analytical and management skills to analyze bullwhip and ripple effects
• Need for technical skills on batching, ordering rules and events
• Performing variation and comparison experiments in AnyLogistix dynamic simulation software
• Major trade-offs in supply chain risk management
• Planning and avoidance of major supply chain disruptions by identifying risk and recovery

 

Objectives

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

• Identify the dynamic structure of supply chain
• Use AnyLogistix software
• 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

 

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
• 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