Master Class: Performance & Risk Management Strategy

Supply chain performance and risk management are crucial for businesses to maintain efficiency, adapt to market conditions, and ensure long-term success by consistently monitoring and improving performance.

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Measuring supply chain performance and implementing effective risk management strategies are crucial for businesses to maintain efficiency, adapt to changing market conditions, and ensure long-term success.
Key performance indicators (KPIs) such as lead time, inventory turnover, and order fulfillment rates can help evaluate supply chain performance. Risk management involves identifying potential risks, assessing their impact, and implementing appropriate mitigation strategies, which may include diversifying suppliers, enhancing visibility across the supply chain, and establishing contingency plans. By consistently monitoring and improving both performance and risk management, organizations can strengthen their supply chains and remain competitive in dynamic market environments.

To enhance overall efficiency, resilience, and profitability within the supply chain by regularly identifying areas for improvement, optimize operations, and minimize disruptions caused by unforeseen risks.

Content/Discussion Point:

Lead Time
Inventory Turnover
Order Fulfillment Rates
Identify potential risks
Assess impact
Implement mitigation strategies
Strengthen supply chains
Remain competitive in dynamic market environments

World Academy
www.worldacademy.uk

IPAC-Singapore.

Features:

Classes: 17th & 24th May, 2024
Class: 02 sessions
Class schedule: Friday 08:00 pm -10:00 pm ? Bd time
Virtual Class (via Zoom)
Audience - Top Management, Supervisors, Procurement Managers, Senior or Mid Level Managers, Consultant
Note: Each participant will need a laptop