GRA 6723 Supply Chain Risk Management

GRA 6723 Supply Chain Risk Management

Course code: 
GRA 6723
Department: 
Accounting and Operations Management
Credits: 
6
Course coordinator: 
Marianne Jahre
Lena Elisabeth Bygballe
Course name in Norwegian: 
Supply Chain Risk Management
Product category: 
Master
Portfolio: 
MSc in Business - Elective course
Semester: 
2021 Autumn
Active status: 
Active
Level of study: 
Master
Teaching language: 
English
Course type: 
One semester
Introduction

Managing supply chain risk (SCRM) is at the core of many organizations in today’s business context. SCRM has been one of the fastest growing research streams within operations and SCM in recent years. Today’s turbulent environment makes this topic no less important. Challenges of SCRM relate to coping with uncertainty, requiring trade-offs between permanent and temporary design and organising of supply chains. As such, new types of supply chain risks occur, which presuppose new ways of mitigation. Furthermore, globalization means that today’s supply chains often cross not only organizational boundaries, but also national borders, increasing the uncertainty and subsequent risks.

The objective of the course is to provide students with insight into the challenges and ways of dealing with supply chain risk management (SCRM) in theory and practice. This includes competence in applying frameworks for identifying, assessing, and mitigating supply chain risks in a variety of different contexts with a focus on trade-offs between permanent and temporary supply chains.

 

The course combines theory, practical examples, and interactional learning, and students are expected to actively participate through task assignments, presentations, and discussions. 

Learning outcomes - Knowledge

(i)               To gain knowledge of SCRM in general.

(ii)             To gain knowledge of trade-offs between permanent and temporary design and organizing of supply chains.

(iii)           To gain knowledge of the specific SCRM challenges and applications of strategies, tools, and techniques in different contexts

Learning outcomes - Skills
  1. To be able to apply SCRM concepts and models in different contexts
  2. To be able to differentiate between temporary and permanent supply chains and the connection between them regarding SCRM practice.
  3. To be able to communicate how SCRM is practiced in different contexts.
General Competence
  1. Appreciate and understand temporary and permanent supply chains from a SCRM perspective.
  2. Ability to be a reflective and ethical supply chain professional.
Course content
  • Supply chain risk management (SCRM) – overall concept and framework
    • Risk identification and assessment
    • Strategies for mitigating risks – network design, organising, and planning
  • Temporary and permanent supply chains – characteristics and connections
  • Tools and techniques in SCRM
  • SCRM in different types of contexts – applications and implications
Teaching and learning activities

Course consists of lectures, tasks, cases and discussions. 

Software tools
No specified computer-based tools are required.
Additional information

Please note that while attendance is not compulsory in all courses, it is the student’s own responsibility to obtain any information provided in class.

Both parts of the assessment must be passed in order to receive a final grade in the course.

Qualifications

All courses in the Masters programme will assume that students have fulfilled the admission requirements for the programme. In addition, courses in second, third and/or fourth semester can have spesific prerequisites and will assume that students have followed normal study progression. For double degree and exchange students, please note that equivalent courses are accepted.

Covid-19 

Due to the Covid-19 pandemic, there may be deviations in teaching and learning activities as well as exams, compared with what is described in this course description.

Teaching 

Information about what is taught on campus and other digital forms will be presented with the lecture plan before the start of the course each semester.

Required prerequisite knowledge

Minimum one course in logistics, operations, and/or supply chain management.

Assessments
Assessments
Exam category: 
Submission
Form of assessment: 
Written submission
Weight: 
80
Grouping: 
Group (2 - 3)
Duration: 
1 Semester(s)
Comment: 
Term paper

Group size may vary depending on class size.
Exam code: 
GRA67232
Grading scale: 
ECTS
Resit: 
Examination when next scheduled course
Exam category: 
Submission
Form of assessment: 
Written submission
Weight: 
20
Grouping: 
Individual
Duration: 
1 Hour(s)
Comment: 
Digital assignment
Short home examination
Exam code: 
GRA67233
Grading scale: 
ECTS
Resit: 
Examination when next scheduled course
Type of Assessment: 
Ordinary examination
All exams must be passed to get a grade in this course.
Total weight: 
100
Student workload
ActivityDurationComment
Teaching
24 Hour(s)
Student's own work with learning resources
54 Hour(s)
Submission(s)
60 Hour(s)
Group work / Assignments
22 Hour(s)
Sum workload: 
160

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 6 ECTS credits corresponds to a workload of at least 160 hours.