Supply Chain Risk Assessment and Forecasting Unit Reference Number Unit Title Unit Level Number of Credits Total Qualification Time (TQT) Guided Learning Hours (GLH) Mandatory / Optional Unit Grading Structure
J/617/6044 Supply Chain Risk Assessment and Forecasting 5 20 200 hours 80 Mandatory Pass / Fail
Unit Aims The aim of this unit is to provide knowledge in the area of supply chain manufacturing methodologies such as lean, Just-in-time and outsourced supplier networks. Learning Outcomes and Assessment Criteria Learning OutcomesThe learner will: 1. Understand supply chain risk assessment in business management.
2. Understand supply chain risk perspectives in a business setting.
3. Understand forecasting in supply chain management.
Assessment CriteriaThe learner can: 1.1 Explain supply chain risk management in business. 1.2 Describe the use of supply chain risk quantification in business management. 1.3 Assess best practices in supply chain risk assessment and supply chain risk model in business management. 2.1 Explain the supply chain risk management road map in business management. 2.2 Analyse the structure of the supply chain risk management process in business. 2.3 Evaluate the supply chain risk for an organisation in business management. 3.1 Explain the forecasting models used in supply chain management in a business set up. 3.2 Evaluate the contribution of forecasting to supply chain performance and benchmarking in business management.
Indicative Content Learning Outcome 1: Supply chain and process mapping, scenario planning, international supply chains, forces towards globalisation, geographical risk mapping and risk exposure in supply chain risk assessment and forecasting in business. ISO 9000/EN 29000, ISO 9001. Reviewing options; criteria for judging options; feasibility studies; risk assessment; cost-benefit analysis; consistency with organisational values; effects on market position and share; costs and investments; opportunity costs; scenario planning.
London School of International Business | www.LSIB.co.uk
16
