Supply Chain Risk Management: New Certificate Launched by the Institute of Risk Management (IRM). This qualification introduces the concepts of supply chain risk management and equips risk practitioners and others involved in managing their supply chains with the ability to apply their risk management knowledge in a world where value is increasingly added via the supply chain.
It explains how globalised outsourcing, digital disruption,specialisation and just-in-time delivery are changing the risk in supply chains for many organisations. It looks at how appropriate risk management tools and techniques can be applied, adapted and developed in an increasing digital context. The qualification provides a broad understanding of supply chain risk management principles and practices.
Socrates Coudounaris, BEng (Hons) MSc FCII CFIRM, Chair of the IRM explains: “Our new qualification will help organisations of all types understand and manage their supply chain risks. No organisation can manage risk in isolation. Everyone has not only a supply chain but also an entire extended enterprise that determines their risk environment. Globalisation, digital technology and business disruption also mean that these environments are becoming more complex. Risk professionals need to be on top of this issue.”
Take this qualification and you will be able to:
– Demonstrate an understanding of how supply chains operate and the risk
implications of ongoing developments from various perspectives including
those of the public and private sectors.
– Help your organisation implement the appropriate governance frameworks
across extended organisational boundaries and the need to ensure “cross
functional” thinking and measurement.
– Explain the nature and impact of the major sources of disruption and other
risks that supply chains face and understand how these can differ by industry.
Nick Wildgoose, Independent Supply Chain Risk Management Consultant and syllabus advisor adds: “Supply chains are at the heart of how many organisations drive value. There are supply chain disruptions and reputational incidents happening every day that could have been better managed to protect this value. This qualification will help learners develop a clear understanding of supply chain risks, and the tools and new technology which can help organisations stay protected.”
The qualification is delivered by online supported distance learning and assessed by multiple choice questions in over 5000+ exam centres worldwide.
Enrolments will be opening in February 2020 for those wishing to register for the December 2020 exam session.
IRM is a regular commentator on supply chain issues and recently responded to a Government consultation around establishing a new single enforcement body for employment rights.
We are also mindful of modern slavery issues in the supply chain and produced this joint report with VinciWorks.