RWTHx: An Introduction to Data-Driven Supply Chain Resilience Management

by RWTH Aachen University

Supply Chain Resilience Course

Course Description

Welcome to the cutting-edge course on Supply Chain Resilience! In today's interconnected global economy, supply chains are more vulnerable than ever to disruptions caused by factors such as pandemics, natural disasters, and geopolitical tensions. This course offers a comprehensive exploration of supply chain resilience, equipping you with the knowledge and tools to navigate and mitigate these challenges effectively.

Designed for both students and industry professionals, this course blends theoretical foundations with practical applications, giving you a well-rounded understanding of supply chain resilience. You'll dive deep into data-driven and AI-based concepts for managing supply chain resilience, preparing you to tackle real-world problems head-on.

What Students Will Learn

Core concepts of supply chain resilience
Methods to measure supply chain resilience
Strategies to improve supply chain resilience
Techniques for managing resilience within a company
Data-driven and AI-based approaches to supply chain resilience management
Real-world applications and case studies of resilience measures
Understanding of industry-specific resilience strategies

Pre-requisites

Basic understanding of how a supply chain functions
Basic understanding of risk management (beneficial but not mandatory)
Interest in the topic of supply chain resilience

Course Coverage

Introduction to supply chain disruptions and their impact
Definition and dimensions of supply chain resilience
The four phases of resilience
Key resilience capabilities and measures
Industry-specific resilience strategies
Measurement techniques for supply chain resilience
AI applications in resilience measurement and management
Continuous resilience management framework
Quantitative and qualitative benefits of effective resilience management

Who This Course Is For

Business and management students looking to specialize in supply chain management
Supply chain professionals seeking to enhance their skills in risk management and resilience
Executives and decision-makers responsible for supply chain strategy
Entrepreneurs and business owners wanting to build more robust supply chains
Anyone interested in understanding the complexities of modern global supply chains and how to make them more resilient

Real-World Application of Skills

Assess and improve the resilience of their organization's supply chain
Implement data-driven strategies to mitigate supply chain risks
Develop comprehensive resilience management frameworks
Utilize AI and advanced analytics for supply chain optimization
Make informed decisions during supply chain disruptions
Contribute to the development of more robust and adaptable supply chain networks
Enhance their organization's competitive advantage through improved supply chain resilience

Syllabus

Week 1: Basics of Supply Chain Resilience

What are disruptions
Two dimensions to understand a disruption
Why is it difficult to plan ahead for disruptions
Definition of supply chain resilience
The 4 phases of resilience

Week 2: Resilience Measures

Key resilience capabilities
What are typical resilience measures?
What measures are applied in the real world?
How do measures differ by industry?
The example of Ericsson
SPAICER and their use cases

Week 3: Measurement of Resilience

Why is measurement of resilience important?
The zone of balanced resilience
How to measure resilience in different ways?
Current research in SCRES measurement
Introducing 3 different resilience indices (Capability-driven, simulation-based and vulnerability-based)
How can AI help in measuring resilience?

Week 4: Continuous Resilience Management

Introduction to the resilience management framework
The zone of balanced resilience as the goal of resilience management
Resilient management in companies
The week in the life of a resilience manager
How can effective resilience management mitigate damage from disruptions?
Quantitative and qualitative benefits?

By enrolling in this course, you'll be at the forefront of supply chain innovation, equipped with the knowledge and skills to build and maintain resilient supply chains in an increasingly uncertain world. Don't miss this opportunity to future-proof your career and drive your organization's success!

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