Supply Chain Risk Management

Supply Chain Optimization

As part of the National MEP, UT CIS provides a wide range of technical and business assistance supporting the development of competitive manufacturing supply chains. As a manufacturer, your supply chain extends back through component and raw material suppliers and forward to your customers.  The competitiveness of any individual manufacturer is greatly impacted by its supply base and its strategy for dealing with it.

As a supplier in a Tier 1/OEM supply chain, small to mid-sized manufacturers like yours have a similar opportunity to enhance competitiveness. Global success of U.S. manufacturing depends on the performance of supply chains. The transparent integration of companies contributes to world-class innovation, responsiveness to global market demand, quality improvements, sustainability, and other factors that differentiate you from your competition

 

 

Supply Chain Optimization is based on establishing a comprehensive view of the supply chain and improving the visibility and responsiveness of all tiers supporting the supply chain.

UT CIS supply chain-related programs offer a variety of services to U.S. manufacturers to cover the different aspects of supply chain management and development. From implementing strategies within the walls of a company to engaging with suppliers and customers around the world, UT CIS has the tools and strategies needed to help manufacturers reach their growth goals.

Supply Chain Risk Management - Risk is everywhere. It doesn’t sleep. It often shows up uninvited and at the most inopportune time. Evaluating, assessing, and prioritizing the probability of unexpected events are part of Risk Management, which is essential for an effective supply chain. UT CIS provides a step-by-step roadmap to help manufacturers address risk, increase visibility and create supply chains that function at optimum capacity. We’ll show you how to apply constraint theory concepts that address risk, and account for total cost of ownership, so you may make informed sourcing decisions that increase the flow of products from suppliers to customers, using a value system model.

OBJECTIVES OF THE PROGRAM

  • Understand the impact of risk events for which no risk management strategy exists
  • Recognize the necessity of a risk management strategy
  • Create a risk impact analysis
  • Learn how to estimate the financial impact of a potential risk event
  • Incorporate financial considerations within the Total Cost of Ownership model
     

THIS WORKING SESSION IS COMPRISED OF THE FOLLOWING KEY EDUCATIONAL ITEMS

  1. Risk management concepts & philosophies
  2. Elements of a risk management program
  3. The risk management process
  4. Risk management tools
  5. Risk management metrics
  6. Integration of risk management and the Total Cost of Ownership