APPLIES TO ACADEMIC YEAR 2015/2016

GRA 6723 Supply Chain Risk Management (SCRM) in Project-Based Industries

Responsible for the course
Marianne Jahre

Department
Department of Accounting - Auditing and Business Analytics

Term
According to study plan

ECTS Credits
6

Language of instruction
English

Introduction
Managing supply chain risk is at the core of any company in today’s business context. Supply chain risk management (SCRM) is one of the fastest growing research streams within operations and supply chain management, and increasingly offered as teaching programs/courses in major business and engineering schools. As the Norwegian industry in line with the global economy increasingly becomes “projectified” (Lundin and Söderholm, 1998), new types of supply chain risks occur, which presupposes new ways of dealing with them. Project based organizations (PBOs) organize their main value creating activities in projects, from which they derive most of their income. Examples of PBOs include construction companies, oil and gas companies, disaster relief/humanitarian organizations, and organisations/companies organising events and expeditions. The challenges with regard to SCRM in these particular contexts relate to the temporary nature of the supply chains feeding the projects with the required activities and resources. Furthermore, the globalization of trade and labour markets means that these temporary supply chains cross not only firm boundaries, but also national borders, accentuating the uncertainty and thus the risks.

The objective of the course is to provide the students with an insight into the challenges of SCRM in project-based industries, particularly but not exclusively, in the Norwegian setting. This includes the identification and assessment of types of supply chain risks, quantifying and prioritising supply chain risks, and strategies and tools for mitigating supply chain risks in different project based contexts.

Learning outcome
Acquired knowledge
(i) To gain knowledge of SCRM in general.
(ii) To gain knowledge of project based industries, particularly in Norway.
(iii) To gain knowledge of the specific SCRM challenges, strategies and techniques in different project-based contexts such as oil and gas, construction (including construction of buildings and infrastructure, ship building and power stations), relief operations, events and expeditions.

Acquired skills
(i) To be able to apply SCRM concepts and models in different project based contexts.
(ii) To be able to compare and differentiate between various project-based contexts regarding SCRM practice.
(iii) To be able to communicate how project-based contexts differ from other industries regard SCM and SCRM

Reflections
(i) To appreciate and understand multiple project-based contexts from a SCRM perspective.
(ii) To be able to be a reflective and ethical logistics professional.

Prerequisites

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.

Compulsory reading
Books:
Sodhi, ManMohan S. and Tang, Christopher S. 2012. Managing supply chain risk. Springer. Except chapters 14 and 15

Articles:
Selection of articles from Journals such as IJPDLM, Journal of Business Research, Journal of Supply Chain Management, Journal of Purchasing and Supply Management

Recommended reading

Course outline

• Major topics to be covered include: