Learning Supplier Risk Management

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MIT School of Distance EducationHow to Manage
Supplier Risk
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What is Supplier Risk Management?

• Supplier risk management is identifying,
  assessing, and mitigating the risks associated
  with your suppliers.
• It is an integral part of the risk management
  strategy of a business because suppliers play a
  critical role in operations and the supply chain.
• You can ensure a reliable and trustworthy
  supplier network with a proactive approach to
  supplier risk management

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How to Manage Supplier Risk

1. Identify the risks - This could include
   financial, operational, compliance, and
   reputational risks.
2. Assess the risks - Consider the likelihood and
   impact of each risk.
3. Mitigate the risks - Diversify your supplier
   base, conduct supplier audits, sign contracts and
   agreements, and monitor supplier performance.
4. Have a contingency plan - If something goes
   wrong, have alternative suppliers lined up or a
   plan to switch to a different product or service.
5. Continuously monitor and improve - Supplier risk
   management is an ongoing process.

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Learning Supplier Risk Management

• It is essential for a supply chain and logistics
  professional to learn how to manage supplier risk
  management.
• The PG Diploma in Logistics and Supply Chain
  Management course encompasses business
  sustainability and green operations, general
  operations, and project management and covers
  logistics management to equip you with the latest
  business and social needs.
• With PGDM Logistics and Supply Chain Management,
  learn strong managerial, communication,
  coordination, organizational and execution skills

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Why MITSDE ?

• Understand the basics of Supply Chain Management
  (SCM)
• Understand the challenges and learn to forecast
  the bottlenecks in the supply chain for a
  competitive advantage
• Learn the use of analytical software to minimize
  risk and optimize profits
• Learn critical people management skills for
  negotiation, working with a diverse group and
  ethical decision making
• Learn strong managerial, communication,
  coordination, organizational and execution skills

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Potential Careers Opportunities
You can venture into the field as Management
Trainee, Front Line Supervisor or Analyst.
Challenging roles are offered namely

• Freight Manager
• Dispatch Manager
• Customer Service Manager
• Fulfillment Supervisor
• Supply Chain Manager
• Consultant
• Warehouse Operations Manager

• Export Manager
• Purchasing Manager
• Supply Chain Software Manager
• International Logistics Manager
• Master Production Scheduler
• Supply Chain Distributor
• Transportation Manager

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About US

• MIT School of Distance Education is one of the
  largest distance learning center in India. We
  offer various Post Graduate Diploma and
  Certificate programs Online MBA Course across
  various industry sectors that include Operations
  Management, Project, Information Technology,
  Banking and Finance, Digital Marketing, Business
  Analytics and many more. MITSDE has, an online
  assessment system, flexi-learning approach and
  provides state-of the-art Learning Management
  System (LMS) which is in line with its mission
  'flexible learning opportunities anywhere,
  anytime, and to provide ultimate convenience,
  ease, and flexibility to our students.

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Advantage of learning with MITSDE

• Self-paced learning
• Live webinars and doubt solving sessions
• Quick and highly-responsive student support
• Dedicated student support team

• Regularly updated syllabus
• Industry-relevant course offerings
• Courses taught by Industry Experts
• Affordable courses
• No cost EMI options

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Placement Record at MITSDE
MITSDE has a dedicated Placement Cell providing
100 placement, CV building workshops and Career
Counseling. Our Student Placement
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Placement Record at MITSDE
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Contact Us

• Address
• MIT Alandi Campus, Pune Moshi-Alandi Road,
  Alandi-412105,Pune Maharashtra (India)
• Phone [phone]

• Email ID admissions_at_mitsde.com
• Website www.mitsde.com

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Thank you