Risk Management in Pharma Supply chain

This supply chain risk management webinar will discuss the concepts and 7 principles of supply chain process, process mapping of your supply chain and how to develop a supply chain risk management plan starting from identifying each risk, evaluation, prioritization and risk management strategy for each types of risks.

Why Should You Attend:

In the modern day, a company's competitive advantage will be determined by maximizing its relationships and the diligent management of its forward and backwards facing supply chains.

The ability to effectively manage risks in a supply chain is an absolute must in the skill set of any current supply chain professional. Failure to plan for disasters or disruptions can lead to supply chain disruptions that can devastate company performance, damage profitability and stock prices, and result in irreparable harm to the organization.

This course will equip and develop procurement and supply chain professionals to be able to operate diligently and effectively with their supply base, mitigating any risks and maximizing all opportunities to gain competitive advantage in their market place.

Learning Objectives:

By the end of the course, participants will be able to:

• Map the supply chain process
• Outline modern supply chain and risk management concepts as a foundation for operational success
• Recognize and assess sources of risk from across the supply chain
• Develop risk mitigation and contingency plans to ensure uninterrupted supply flow

Areas Covered in the Webinar:

Supply chain basic concepts

• Historical brief about the emergence of supply chain concept
• Supply chain & Value chain
• The seven principles of supply chain

Mapping your supply chain process

• Process mapping as a pathway for improvement & competitiveness
• Factors to be considered for improvement
• Supply chain uncertainty
• Developing a risk management plan
• Basic concepts of supply chain risk management plan
• Why risk management is important
• Identify the risks
• Evaluate & prioritize of the risks
• Development of potential strategy for each risk

Who Will Benefit:

• Supply chain and logistics professionals
• People having Operational role
• Supervisors and Management
• Risk management professional