Module Purpose
On completion of this module, learners will be able to evaluate a variety of tools and techniques to establish the level of risk in supply chains and to recommend and apply ways of avoiding, mitigating, or managing risk.
Module aim(s)
Managing risks is key to any organisation’s strategy. It involves identifying, documenting, and dealing with potential risks relating to its operations. This helps the organisation to run effectively and efficiently, especially since supply chains can be complex therefore susceptible to risks. ESG (Environmental, Social, and Governance) considerations contribute to supply chain risk, so are important to understand in the context of managing supply chain risk. This module is designed to help learners examine the nature and sources of supply chain risk and identify and implement appropriate risk management and mitigation techniques. Learners will undertake risk analysis, consider the advantages of a risk register, and apply a range of risk management tools and techniques appropriate to typical supply chain issues.
Next steps
Starting a CIPS qualification programme means you will join the largest institute in the world for those working in procurement and supply. You can join as a student member online today. Once joined you can book your examinations online