Global Supply Chain Strategy & Risk Management

A joint venture with the Smeal College of Business' Center for Supply Chain Research. Cosponsored by the Council of Supply Chain Management Professionals.

Enhance Your Competencies with a Supply Chain Certificate!

Program Objectives

Discuss macroeconomic factors affecting extended supply chains. Learn techniques and strategies to deal effectively with unique managerial, cultural, and infrastructure issues associated with different geo-centers of expertise. Topics include:

• Assessing supply chain risks and plans for mitigation
• Supply chain risks and disruptions
• Global trade management
• Leading teams across geographies
• International business strategies

Who Should Attend

This program is for senior-level supply chain managers and executives who are or will be playing a leadership role in developing and overseeing global supply chains.

Program Benefits

Global Supply Chain Strategy & Risk Management will improve your ability to:

• Understand macroeconomic factors in identifying favorable business opportunities
• Leverage global trade management technology for optimum returns
• Use financial insight when conducting global business
• Know what drives revenues and costs in global trade
• Determine cost-effective transportation for distribution of your product
• Apply broad perspective on regional business issues
• Capitalize on insight provided by business experts from around the world

Program Content

Delivery includes action-learning sessions, in-depth discussions focused on global topics, and an interactive executive panel on regional issues. In addition, you’ll participate in a trade strategy simulation that drives home the learning and allows for practice in a risk-free environment.

International Business and Macroeconomics

• Impact of macroeconomic factors on the profitability of global supply chains
• Indicators suggesting increased risk in a country
• Identifying countries that might be profitable partners in the long run

Managing Supply Chain Risk and Disruption

• Supply chain risks and disruptions:
  -Types of disruptions
  -Negative impacts
  -Drivers of severity
  -Key capabilities required to reduce disruption
• Managing Risk
  -Warning capabilities
  -Mitigation capabilities (before)
  -Contingency capabilities (after)

Global Trade Management (GTM)

• Fundamental components of GTM
  -Export management
  -Import management
• GTM's increasing importance
  -Total cost of ownership
  -Hidden costs
• Trends in GTM

Regional Perspectives: Asia

• India perspectives
• China perspective
• Compare and contrast India and China
• Other regions
• SC Issues: infrastructure, theft, compliance, unpredictability

Regional Perspectives: Latin America

• One region, multitude of nations
• Supply reality check
• Risk in Latin America & Caribbean

Leading Teams Across Geographies

• Communication and perception
• Team effectiveness—balance of task and social communication challenges
• Time, distance, and cultural issues in teams
• Use of information and social technologies for enhancing communication across geographies

Global Business Strategy

• International product life cycles
• Global competitive positioning
  Strategic alliances
  Market position
• Strategic alliances in the global marketplace
• Global Tectonics

Regional Supply Chain Issues – Panel Discussion

World trade outlooks and customs regulations continually evolve. You will interact with key executives from different industries and geographies–including the Americas, Europe, the Middle East, Africa and Asia–who will provide regional factors impacting business and supply chains.

Faculty Leaders

Sessions are led by top faculty from Penn State and other leading institutions, as well as supply chain professionals. Each instructor has an extensive background in research and consulting, and in educating executives. Each brings to the classroom best-practice tools and implementation processes for achieving world-class results.

Faculty Director

Dr. Alan Stenger, Professor Emeritus of Supply Chain Management,  Smeal College of Business, Penn State

Faculty Leaders

Dr. Christopher Craighead, Rothkopf Professor and Associate Professor of Supply Chain Management;  Director of Research for the Center for Supply Chain Research, Smeal College of Business, Penn State
Read about Dr. Craighead's latest research on characteristics of supply chain design (based on the events in Japan) that impact the severity of disruption when disaster strikes.

Mr. Darren Maynard, DPM Consulting

Dr. Fariborz Ghadar, Director, William A. Schreyer Professor of Global Management, Policies and Planning, Smeal College of Business, Penn State

Dr. Duane (Andy) Gustafson, Assistant Professor of Managerial Communication, Smeal College of Business, Penn State

Dr. Anthony Kwasnica, Associate Professor of Business Economics,  Smeal College of Business, Penn State

Mr. Nirmal Pal, Regional Director for India, Smeal College of Business, Penn State

Dr. Felisa Preciado, Clinical Assistant Professor of Supply Chain Management, Smeal College of Business, Penn State

Fees

The program fee of $3,600 includes all instructional materials, private room accommodations, meals, break service, and access to recreational facilities. Association member pricing applies: 
$3,500 for CSCMP members 
$3,000 for CSCR corporate sponsors

Related Programs

• Essentials of Supply Chain Management covers topics for building maximum efficiency through better reporting and measurement systems.

• Processes and Tools for Supply Chain Success introduces the latest technology and methods for defining, analyzing and making recommendations for performance improvements.

• Achieving Supply Chain Transformation covers the critical elements of adaptive supply chain management: strategy, people, process, IT, and assessment.

• Designing and Leading Competitive Supply Chains covers developing supply chain systems that support organizational strategy.

• Demand-Driven Supply Chains:  Using Lean Principles to Drive Innovation introduces a systemic approach for applying Lean thinking to supply chain challenges.

• Supply Chain Collaboration and Alignment provides strong grounding in elements of collaborative planning, forecasting and replenishment.

This program is cosponsored by the Council of Supply Chain Management Professionals.