CIE337: Supply Chain Risk Management syllabus for Industrial 2021 regulation (Professional Elective-I)

Supply Chain Risk Management detailed syllabus for Industrial Engineering (Industrial) for 2021 regulation curriculum has been taken from the Anna Universities official website and presented for the Industrial students. For course code, course name, number of credits for a course and other scheme related information, do visit full semester subjects post given below.

For Industrial Engineering 5th Sem scheme and its subjects, do visit Industrial 5th Sem 2021 regulation scheme. For Professional Elective-I scheme and its subjects refer to Industrial Professional Elective-I syllabus scheme. The detailed syllabus of supply chain risk management is as follows.

Course Objectives:

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Unit I

INTRODUCTION TO RISK MANAGEMENT 9
Concept of risk, definition of risk management, levels of risk management within organization, Relationship of risk to possible losses and gains, Concept of Risk and Uncertainty & the Sources, Concept of Risk in terms of Uncertainty, Probability Effect & Outcome, risk and uncertainty: basic concepts, Risk and uncertainty, origin of risk, Typical risk Parameter, Steps in Defining and Measuring Risk, uncertainties, types of uncertainty

Unit II

SOURCES OF RISK 9
Sources of risk, typical Sources of Risk to Business for projects & products- Project Risk Global risk, Elemental Risk, Holistics Risk, Static Risk, Dynamic Risk, Inherent Risk, Contingent Risk, Customer Risk, Fiscal/Regulatory Risk, Purchasing Risk, Reputation/Damage Risk, Organizational Risk, Interpretation Risk, IT risk, OPEC Risk, Process Risk, Heuristic Risk, Decommissioning Risk, Institutional Risk

Unit III

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Unit IV

SUPPLY CHAIN RISK MANAGEMENT – II 9
Pillars of Supply Chain Risk Management- Supply Risk, Process Risk, Demand Risk, Environmental Risk.SCOR model – components- Advantages and disadvantages of SCOR model – SCOR model for supply chain risk management.

Unit V

SUPPLY CHAIN RISK MANAGEMENT ENABLERS 9
Linking Supply Chain Risk Management and Supply Chain Strategy, Integrating Risk Management with Commodity Strategy Development, Strategic Risk, Hazard Risk- First-Party Commercial Property Insurance- Cargo Insurance, Cyber Insurance, Financial Risk, Operational Risk- supply & demand risk, Integration of ISO 31000:2009 and Supply Chain Risk Management, ISO 31000:2009 Enterprise and Supply Chain Risk Management.

Course Outcomes:

1. To understand the concept of risk, uncertainty & risk parameters in the context of commercial management.
2. To develop a capacity to critically review the principles and applications of risk and vulnerability management in the context of commercial environments.
3. Analyze risk assessment and mitigation strategies in specific situations.
4. To apply SCOR model for supply chain risk management.
5. Describe supply chain risk management strategies to implement and monitor appropriate management techniques relevant to specific situations

Text Books:

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Reference Books:

1. ManMohan S. Sodhi & Christopher S. Tang,(2012) “Managing Supply Chain Risk, Springer.
2. Robert B. Handfield & Kevin Mc Cormack(2008) “Supply chain risk management” Auerbach Publication.
3. Rolf G. Poluha(2007) “Application of the SCOR Model in Supply Chain Management”Cambria Press

For detailed syllabus of all the other subjects of Industrial Engineering 5th Sem, visit Industrial 5th Sem subject syllabuses for 2021 regulation.

For all Industrial Engineering results, visit Anna University Industrial all semester results direct link.