The programme is one of the newest in the portfolio of courses from RSM Executive Education, designed to help managers to update and enhance their skills with the latest knowledge from practice and research. Participants in this programme will reconsider the existing tools, techniques and philosophies used in supply chain management, and aim for a new understanding of recent and future trends. According to Rob Zuidwijk, Professor of Global Supply Chains and Ports at RSM and Harwin de Vries, Assistant Professor at the Technology and Operations Management department at RSM: “There are multiple crises that are hammering supply chains. Decades of efficiency-focused management, globalisation, and outsourcing have made supply chains extremely vulnerable to disruptions – let alone the perfect storm we face right now.
“The impact of those disruptions on companies is paramount. Despite considering risk management in the past few decades, many businesses were still ill-prepared for the extent of disruptions we face today. The ongoing supply chain crisis offers an opportunity to shift focus towards a less immediate but significant source of competitive advantage – and that’s supply chain resilience.”
What’s to blame for supply chain crises?
Participants will proceed along key steps and decisions that many businesses face in the journey towards supply chain resilience. They start with a sound understanding of recent and future trends and how they affect supply chain risk. For example, participants will evaluate efficiency-focused management practices and philosophies such as just-in-time (JIT) and lean management. Are these really to blame for the current supply chain crisis?
Concrete strategies for mitigating risk
The next step is to map supply chains and assess risks. The discussion will examine the ongoing crisis which has brought the limitations of traditional risk assessment methods to the surface, and introduce alternatives. Participants will explore how to turn their assessment into concrete strategies for mitigating risk, considering them alongside recent academic insights and examples from RSM’s expert faculty.
The programme concludes by exploring how disruptions and changing regulations and consumer preferences enhance the need for one specific strategy – enhancing supply chain visibility.