GRA 6723 Supply Chain Risk Management
GRA 6723 Supply Chain Risk Management
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.
(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
- To be able to apply SCRM concepts and models in different contexts
- To be able to differentiate between temporary and permanent supply chains and the connection between them regarding SCRM practice.
- To be able to communicate how SCRM is practiced in different contexts.
- Appreciate and understand temporary and permanent supply chains from a SCRM perspective.
- Ability to be a reflective and ethical supply chain professional.
- 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
Course consists of lectures, tasks, cases and discussions.
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.
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.
Minimum one course in logistics, operations, and/or supply chain management.
Assessments |
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Exam category: Submission Form of assessment: Written submission Weight: 80 Grouping: Group (2 - 3) Duration: 1 Semester(s) 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 |
All exams must be passed to get a grade in this course.
Activity | Duration | Comment |
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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) |
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.
Group size may vary depending on class size.