Competition is no longer strictly between companies, it’s also between supply chains. The volatile economy means that manufacturers have to be much more agile, flexible, and responsive to external pressures. Those with optimized supply chains experience benefits like lower costs, better delivery, increased quality, and competitive edge.
NWIRC is offering two workshops this month focused on supply chain optimization and supply chain risks. A half-day Supply Chain Optimization for Leaders workshop on March 27 provides an executive-level overview, highlighting the importance of understanding the inter-dependencies in your supply chain. The program introduces a constraints-based approach of supply chain optimization and reviews key elements required for optimization of the supply chain. During the workshop, the interactive beer game will provide a role-play simulation that lets participants experience typical supply chain problems.
Organizations face many risks to their supply chain during regular operations. Whether these risks are natural or man-made, by accident, or by design, disruptions can occur.
When they do, how you have prepared for them, and how you respond, can spell the difference between success, or perhaps complete failure. On March 28, a full-day Supply Chain Risk Management workshop steps through five elements of preparing for risk, including 1) risk management concepts & philosophies; 2) elements of a risk management program; 3) the risk management process; 4) risk management tools; and 5) risk management metrics.
Both programs will be instructed by Stephan Brady, PhD, who has been a successful leader and manager for over 30 years with experience in supply chain management, business, logistics, and public policy. He achieved the rank of Lieutenant Colonel in the Air Force, was recognized for his outstanding performance as a logistics practitioner, and earned a PhD in Business Administration (Logistics/Supply Chain and I.E.) from Penn State University. See more details on the programs at http://www.nwirc.org/events