30-days Money-Back Guarantee
Learn to Manage Supply Chain Risks Step by Step
Updated on Sep, 2026
Business, Management, Risk Management
Training 5 or more people ?
Get your team access to 10000+ top Tutorials Point courses anytime, anywhere.
Two recent news articles highlight the increased risks.
As the world has become ever more interconnected, and as information expands and moves at the speed of light onto our desktops, social issues can be just as important as traditional supply chain issues.
Today, when threats to your supply chain may arrive via an act of God or appear in an exploding flurry of Twitter messages, it is important to plan for disruption and to have the tools in place to develop low-cost strategies for dealing with disruption.
The starting point for managing supply chain risk is to design a supply chain that has alternative ways of operating when disrupted.
To approach this problem, need to build a model of your supply chain that includes capacities, costs, and revenues.
A Gartner report on how CISCO manages risk noted, “Transparency is critical to both internal and external support for supply chain resiliency. Objective metrics contribute to transparency.” In other words, supply chain risk scenario analysis should be sufficiently robust to model a good number of alternatives, to know what is feasible and what is infeasible, and to be able to present metrics on the cost to “de-risk” the possible disruptions.
An excellent tool is to start with learning the basics
Check out the detailed breakdown of what’s inside the course
Use your certificate to make a career change or to advance in your current career.
Become a valued member of Tutorials Point and enjoy unlimited access to our vast library of top-rated Video Courses
Master prominent technologies at full length and become a valued certified professional.