This week’s topics
Risk Management in Global Supply Chains
- Supply chain mapping and vulnerability identification
- Disruption assessment and risk mitigation matrices
- Business continuity planning and dual-sourcing strategies
- Geopolitical, operational, and financial risk hedging
- Supply Chain Risk Management in 2024
- Risk Hedging Strategies | SCMT 4653
- #45 Risk Management Framework | Strategic Sourcing
What you will be able to do
- 4.2 Describe the role of risk management in a global supply chain.
Activity
Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: describe the role of risk management in a global supply chain.
Study materials
Videos
- Supply Chain Risk Management in 2024 · YouTube · MIT Center for Transportation & Logistics · 51 min · for registered students
- Risk Hedging Strategies | SCMT 4653 · YouTube · Walton College Supply Chain Management · 11 min · for registered students
- Supply Chain Risk in the Real World · YouTube · MIT Center for Transportation & Logistics · 51 min · for registered students
- Rethinking Supply Chain Resilience Amid Tariffs and Turbulence · YouTube · MIT Center for Transportation & Logistics · 57 min · for registered students
Further resources
- Risks and Global Supply Chains: What We Know and What We Need to Know · PDF · NBER, article · for registered students
- World Trade Report 2023, ch. C.4: Re-globalization for a more resilient world · PDF · Other, textbook chapter; pp. 57–60 · for registered students
- Risk Management for Enterprises and Individuals, ch. 4: Evolving Risk Management: Fundamental Tools · PDF · Saylor Academy, textbook chapter; pp. 142–184 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
