Managing Supply Chain Risk and Performance

Course Code
MSCRF-Custom

Managing supply chain risk helps streamline a company's activities to eliminate waste, maximize customer value, and gain a competitive advantage in the marketplace. By effectively managing the supply chain, companies greatly reduce excess costs and deliver products to the consumer faster and more efficiently. Good supply chain management helps prevent expensive product recalls, while delivering reliability and leveraging enterprise resources effectively. 

  • Learners Any Level
  • Time Client definable
  • Duration Client definable
  • Program Type Customizable Programs
  • Certificate Type Certificate Available
  • Format On-Campus
  • CEU/PDU Available
  • Fees Group Rate

Managing supply chain risk helps streamline a company's activities to eliminate waste, maximize customer value, and gain a competitive advantage in the marketplace. By effectively managing the supply chain, companies greatly reduce excess costs and deliver products to the consumer faster and more efficiently. Good supply chain management helps prevent expensive product recalls, while delivering reliability and leveraging enterprise resources effectively. 

Managing Supply Chain Risk and Performance

Program Experience

You can select individual courses from the program, or complete all 4 courses to obtain a Caltech Managing Supply Chain Risk and Performance certificate. The entire sequence of courses will be offered 4 times per year following the sequence below. Courses may be taken in any order to accommodate your schedule.

  • Fundamentals of Supplier Process Engineering
  • Detemring Magnitude of Supplier Risks wiht the Component Criticality Matrix
  • Failure Mode and Effects Analysis (FMEA) Applied to Supply Chain Risk Management
  • LEAN Problem Solving Techniques 

After completing the Managing Supply Chain Risk and Performance custom workshop, further tailor your organization's programs and goals by selecting informative technical marketing courses, the Technical Project Management Custom course, or advanced topic workshops. This course can be incorporated to enhance a variety of custom programs.

Benefits

Each online course is available over the web or mobile device. Pre-recorded lectures are available on-demand to fit your busy schedule. Short readings and assignments highlight key learnings. The total hours needed to complete each course are shown below. There are no exams, and all courses are graded pass/fail.

Instructors also host live lectures (broadcast remotely) in each course, which you can attend at your option. Live sessions often include guest speakers discussing practical industry application of supply chain principles.

Topics

Supplier Risks and Component Criticality Matrix

  • Understanding stratification methods and other sorting methodologies
  • Learn how to build a Component Criticality Matrix
  • Managing critical inventory levels and their impact on customer service
  • Determining critical parts and how they work in the overall enterprise.
  • Execute real-time analytics in group labs on items within specific purchasing ecosystem.

 

Fundamentals of Supplier Process Engineering

  • Discover a framework and specific tools for executing the new Supplier Process Engineer (SPE) role.
  • Learn methods for evaluating and proactively driving suppliers to higher levels of performance.
  • Participants will be exposed to technical tools and methodologies and will be challenged to experiment with them through realistic simulation-based scenarios.
  • This comprehensive, detailed, fast-paced program provides participants with examples, methodologies, and discussions to prepare them for today’s progressive purchasing landscape.
  • Learn how to seek out the best suppliers who will produce consistent quality components.

 

Failure Mode and Effects Analysis (FMEA) Applied to Supply Chain Risk Management

  • Learn how to evaluate and realistically assess risks and determine the levels of risk that trigger mitigation actions.
  • Delve into action plans derived from FMEAs, and methods to manage FMEA data for future use.
  • Interact in team activities and relevant exercises in a dynamic, instructor-led, workshop format.
  • Identify quality and delivery reliability risks derived from suppliers – safety systems, plant and equipment reliability and once-in-a-lifetime events
  • Clarify risks that suppliers create, especially in the context of lead-time, quality, and yield variations.
  • Learn to coincide FMEA with product development to mitigate to an acceptable level in advance of product or process release.

 

LEAN Problem-Solving Techniques

  • Clarify how LEAN techniques and cultures can help you do more than meet customer expectations
  • Discover specific LEAN management techniques used to manage supply chain risk, improve supplier performance and quantify delivery performance.
  • Leverage LEAN management techniques to solve supplier dysfunctions and drive supplier prices down.
  • Apply important and appropriate LEAN tools to help predict and reduce supply chain risks.
  • Develop a priority plan for the selection of LEAN tools to suit their particular supplier risk profiles.
  • Learn how to implement technical, organizational, cultural and behavioral impediments to supplier risk management.

Instructors

Photo of Alan G. Dunn

Alan G. Dunn

Next-Generation Supply Chain and Operations, Executive Education