The Logistics Institute

SUPPLY CHAIN RESILIENCE PROGRAM


To enhance the competencies of logistics practitioners and professionals in meeting the challenges of 21st Century global supply chains, the Logistics Institute developed a new certification program specifically focused on risk and resilience. Based on the work of the Supply Chain Risk Management [SCRM] Consortium and in partnership with their key founders, the Institute now delivers a 4-day program to Identify-Assess-Mitigate-Manage risk in support of resilient global supply chains.

Introduction


What is Supply Chain Risk? Anything that can happen – call it a risk event – at any point along a supply chain from source through multiple intermediaries and customers to end-user consumers that disrupts the flow of goods, information and/or money resulting in a negative impact on the ability of the operations, infrastructure and services to deliver on their value proposition ensuring the right goods are delivered at the right time to the right customer in the right condition and for the right price.


What is Supply Chain Resilience? The capability and capacity of a supply chain network collectively/holistically and of individual participants in that network individually to “bounce back” from the impact of a risk event, quickly, cost-effectively, and in line with the overall value proposition ensuring the right goods are delivered at the right time to the right customer in the right condition and for the right price.


Building Resilient Global Supply Chains:

• Do you understand the differences between robust and resilient supply chain strategies?

• How do you identify and plan for internal risks in your company along complex global supply chains?

• Do you know how to handle unexpected external risks? Disruptions? Catastrophes?

• What are your company recovery plans?

• Do your plans focus only on organizational and business issues or do they extend to the realities of social, economic, environmental and personal factors?


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Program Overview

Supply Chain-Resilience Certification


Earning the SC-Resilience designation prepares you for the 21st Century as a professionally competent resilience strategist. Limited to 25 participants, this interactive program enables individuals to learn about risk in its many forms, develop a supply chain maturity model applicable to their own business experience, apply an online cloud-based risk assessment tool [aka Heat Map] to real cases, and develop mitigation frameworks in support of their own corporate resilience strategies.


The SC-Resilience designation is a registered trademark collectively owned by the P.Log. professional community and administered by the Logistics Institute through the Professional Review Board that admits practitioners into professional status. To earn the SC-Resilience designation, logistics practitioners and professionals must successfully complete the 4-day certification program, working collaboratively in teams and delivering team presentations on the final day as the test of competence in the application of tools, frameworks and strategies. There are no prerequisites to register in this certification program and no experience requirements to earn the designation.


In addition to earning the SC-Resilience (SC-R) designation, participants will receive complementary copies of [Supply Chain Risk Management – An Emerging Discipline] and one month free access to the online cloud-based Supply Chain Maturity Risk Assessment tool to apply to their own businesses.




Program at a Glance






COMPLEXITY:

There is no such thing as a supply chain. A chain is a linear image, but the dynamics of global trade involve complex interactions along many nodes. Like the human nervous system, “supply chains” are complex networks consisting of multiple nodes and decision impulses simultaneously moving in multiple directions. Our thinking, planning and decision making about global supply chains need to account for reality, that is, for the complexities of our experience. There is no simple end-to-end supply chain; we all deal with multiple supply chains in many different ways.


RISK:

Complexity entails risk. And even risk is complex:

• There are internal risks inherent in managing the supply chain. How we manage supply chains involves the critical tension between robust strategies aimed at achieving efficiencies through lean and just in time operations and responsive or resilient strategies aimed at being flexible and agile in dealing with constant “what if” situations and potential disruptions. To put a fine point on it, there is conflict between the velocity/visibility aims of robust supply chains and the variability/ vulnerability requirements of resilient supply chains faced with increasing risk in delivering value to customers.


• There are external risks in the world/global economy, ranging from market-finance fluctuations [so called normal business and competitive issues that we can plan for] to disruptions [the unexpected situations – whether manmade/war or natural/weather – that require timely action and which cannot be planned for except in “retrospect” [as recovery plans].


RESILIENCE:

Is the ability of a supply chain system to reduce the probabilities of disruptions, to reduce the consequences of those disruptions, and to reduce the time to recover normal performance.










Facilitators:

Irvin Varkonyi,

CSCP, PLog

Gregory L. Schlegel,

CPIM, CSP, Jonah






Sources

Supply Chain Risk Management:

An Emerging Discipline

Gregory L. Schlegel, Robert J. Trent



Features

• Provides a First-of-a-Kind supplemental Cloud-based Tool that allows an organization to perform a comprehensive self-assessment of their supply chain maturity and risk

• Presents a topic (supply chain risk management) that is not addressed well or comprehensively in other books

• Explains in easy-to-understand language the terminology and concepts a reader needs to know to be proficient in risk management

• Presents a set of tools and approaches that are not found in other risk management books

• Provides a supplemental tool that allows an organization to perform a compressive self-assessment of supply chain risk

• Provides a comprehensive set of predictions and action plans to practice supply chain risk management

Media


Supply Chain Risk, Supply Chain Finance & Global Trade



A New Book on End-to-End Supply Chain Risk Management