UNIQUE SERIES AKTU Syllabus
BMLS402

Risks Management in Supply Chain and Logistics

L-T-P3-0-0 Credits3 Session2025-26 TypeTheory
Appears in 1 semester

MBA Logistics & Supply Chain Management · Sem 4 (Core)

Download PDF

Syllabus

5 units · 40 lecture hours
Unit1

Unit 1: Introduction of Risks Management

8 hrs

Risk Management: Concept and Process, An Action-Based Framework for Supply Chain Risk, Identification of Operational Hazards, Risk Assessment and Valuation, Tactical Risk Decisions and Crisis Management, Strategic Risk Mitigation, Four Operational Hedging Strategies. Effect of disruptive Supply Chain on Corporate Performance.

Unit2

Unit 2: Operational Strategy for Managing Supply Chain Risks

8 hrs

Introduction, Stockpile Inventory, Diversify Supply, Backup Supply, Manage Demand, Ambiguity in Risks. Decentralised Risks Management Strategy. Shared risks 177; Achieving an integrated approach 180; Identifying risks 184; Analysing and responding to risks 185; Problems with integrating SCRM 187; Levels of SCRM integration 190; In summary 192

Unit3

Unit 3: Managing Supply Chain Disruption

8 hrs

Economic Risks to Supply Chain-Demand Shock, Currency Fluctuation, Supply Shock, Industrial Unrest, Impacts of Natural Disasters, Pandemics and Climate Change, Societal Risks to Supply chain, Risks and Security in Air Cargo Supply chain, Time-Based Risk Management- Response Time and Impacts, Risk and Reward Considerations.

Unit4

Unit 4: ; Approaches to Risk Management

8 hrs

Identifying Risks and its Types, Tools for Analysing Past Events, Tools to Collect Opinions, Tools to Analyse Operations, Problems with Risks Identification, Conceptual Explanations with Examples, Development of Risk Management Techniques, Supply Chain Risk Management (SCRM) and aims of SCRM. Steps in Risk Management, Principles of SCRM. Supply Chain Management in Disaster Response.

Unit5

Unit 5: Creating Resilient Supply Chains

8 hrs
  • Concept of Resilient Supply Chain, Principles of Designing a Resilient Supply Chain, Physical Features of a Resilient Supply Chain, Relationships within a Resilient Supply Chain, Risk Compensation and Business Continuity. Latest updates in Resilient Supply Chain.
  • CO Code
Course Objectives6 points
  • This course aims to:
  • Understand the concepts and principles of risk management in supply chain and logistics
  • Develop strategies to identify, assess, and manage various types of risks within the supply chain
  • Apply techniques to handle disruptions and ensure continuity in supply chain operations
  • Explain the role of supply chains in disaster response and crisis management scenarios
  • Evaluate tools and frameworks for building resilient, risk-aware, and adaptive supply chain systems.
Course Outcomes (COs)5 outcomes

After completion of the course student will be able to:

  1. CO1Explain the fundamental concepts and frameworks of risk management in supply chainsK2 (Understanding)
  2. CO2Analyse strategies for managing operational and strategic risks in global supply chainsK4 (Analysing)
  3. CO3Apply appropriate techniques for managing disruptions caused by economic, social, or natural factorsK3 (Applying)
  4. CO4Evaluate risk management approaches and develop mitigation plans using analytical toolsK5 (Evaluating)
  5. CO5Design resilient supply chain systems integrating risk management and continuity planningK6 (Creating)

Suggested Readings

  1. Donald Water, Supply Chain Risks Managemnt, (Kogan Pages)
  2. Omra Khan & George Zsidisn , Handbook for Supply Chain and Risks Management (Meri Pustak
  3. Yacob Khojasteh, Supply Chain Risk Management: Advanced Tools, Models, and Developments(Springer)
  4. Bret Wagner, Sime Curkovic, and Thomas Scannell, Managing Supply Chain Risk: Integrating with Risk Management
  5. Lingxiu Dong, Onur Boyabatli, and Panos Kouvelis, Handbook of Integrated Risk Management in Global Supply Chains(Weily)

Official AKTU syllabus

This subject is on page 21, 22 of the original AKTU PDF.

Official AKTU syllabus PDF ↗