Risk Mitigation in Supply Chain Systems: Understanding the Theoretical Foundation and Real-life Case

1.Read from the key reading and also other books and Journal’s articles to understand the theoretical foundation. 

2.Identify types of risk in organisations for a value chain and what is a recovery plan by linking the theoretical foundation with real-life cases. 

The learning outcomes being addressed through this assignment are a,b,d,g,h,i,j: 

On successful completion of the module students will be able to:

a) Investigate and evaluate the range of alternative approaches to supply chain systems available to managers throughout the holistic value chain, making use of theoretical and applied data sources relating to risk mitigation. 

b) Investigate and critically evaluate a range of tools available to business to create robust resilience programs. 

d) Demonstrate originality and initiative in problem solving and an ability to take decisions in complex and unpredictable situations in the international supply chain management context. 

g) Select and apply appropriate techniques and be able to evaluate business modelling/frameworks when applied to risk and resilience in a holistic supply chain context. 

h) Demonstrate an ability to work effectively as an individual and group member in order to carry out tasks linking theory to practice.

i) Make discriminating use of a range of learning resources in order to solve problems within the domain of holistic supply chain management connected to risk and resilience. 

j) Communicate the solutions arrived at, and the thinking underlying them, in verbal and written form.