Code
MGFE STR 5150
Level
M2
Field
Stratégie
Language
Anglais/English
ECTS Credits
4
Class hours
24
Total student load
80
Introduction to the module
This course introduces the fundamentals of Supply Chain Risk Management, focusing on identifying, assessing, prioritising, and mitigating supply chain risks. It also addresses resilience, governance, business continuity, and quantitative approaches to quality management. The course aims to develop a structured approach to decision-making in complex and uncertain environments.
Learning goals
- 5. Élaborer une vision stratégique et innovante, en s’appuyant sur les potentiels de l’intelligence digitale et sur un écosystème favorable
Learning objectives
- 5.1 - Monitor global and systemic changes in ecosystems in an international environment with a view to anticipating possible transformations and innovations and proposing proactive and proportionate responses to the major issues and challenges ahead.
Course Learning objectives
Course Learning Objectives
- Identify the main sources of supply chain risk.
- Assess the probability, impact, and criticality of risks.
- Prioritise risks according to their level of exposure.
- Develop risk prevention, mitigation, and continuity strategies.
- Analyse supply chain resilience and vulnerability.
- Apply principles of risk governance, collaboration, and monitoring.
- Measure process performance using quantitative quality tools.
Objectifs d'apprentissage
- Identifier les principales sources de risque dans la chaîne d’approvisionnement.
- Évaluer la probabilité, l’impact et la criticité des risques.
- Prioriser les risques selon leur niveau d’exposition.
- Développer des stratégies de prévention, d’atténuation et de continuité.
- Analyser la résilience et la vulnérabilité de la chaîne d’approvisionnement.
- Appliquer des principes de gouvernance, de collaboration et de suivi des risques.
- Mesurer la performance des processus à l’aide d’outils quantitatifs de qualité.
Content : structure and schedule
1–2. Fundamentals of Supply Chain Risk Management
Concepts and sources of supply chain risk
Supplier, operational, and disruption risks
Risk identification and supply chain vulnerability
Risk management process
3–4. Supply Chain Risk Assessment
Risk probability and impact
Supplier and sourcing risk assessment
Risk prioritization and classification
Critical dependencies and exposures
5–6. Supply Chain Risk Management Strategies
Risk avoidance, reduction, transfer, and acceptance
Supplier diversification and sourcing strategies
Inventory, capacity, and redundancy
Business continuity and contingency planning
7. Supply Chain Resilience and Disruption Management
Supply chain resilience and flexibility
Preparedness and response to disruptions
Recovery strategies
Adaptive capabilities
8. Supply Chain Risk Governance and Collaboration
Supplier relationships and collaboration
Information sharing and supply chain visibility
Risk ownership and governance
Coordination across supply chain partners
9. Supply Chain Risk Performance and Integration
Integrating risk into supply chain strategy
Risk monitoring and performance measurement
Balancing risk, cost, and performance
Integrated supply chain risk management
10. Quality Management and Lean Principles
Fundamentals of quality management
Continuous improvement
Lean management principles
Waste reduction and process efficiency
11. Quantitative Quality Management
Process variation and quality measurement
Statistical Process Control
Control charts and process capability
Defect and performance analysis
12. Lean Six Sigma and Continuous Improvement
Lean Six Sigma principles
DMAIC methodology
Root-cause analysis
Process improvement and optimization
Sustainable Development Goals
ODD 12, 13 & 16
Français
Identifier les principales sources de risque dans la chaîne d’approvisionnement. ODD 16.6: Institutions efficaces, responsables et transparentes
Évaluer la probabilité, l’impact et la criticité des risques. ODD 16.6: Institutions efficaces, responsables et transparentes
Prioriser les risques selon leur niveau d’exposition. ODD 16.6: Institutions efficaces, responsables et transparentes
Développer des stratégies de prévention, d’atténuation et de continuité. ODD 13.1: Renforcer la résilience et les capacités d’adaptation face aux aléas climatiques et aux catastrophes naturelles
Analyser la résilience et la vulnérabilité de la chaîne d’approvisionnement. ODD 13.1: Renforcer la résilience et les capacités d’adaptation face aux aléas climatiques et aux catastrophes naturelles
Appliquer des principes de gouvernance, de collaboration et de suivi des risques. ODD 16.6: Institutions efficaces, responsables et transparentes
Mesurer la performance des processus à l’aide d’outils quantitatifs de qualité. ODD 12.2: Gestion durable et utilisation efficace des ressources naturelles
Utiliser les principes du Lean et du Lean Six Sigma pour réduire les gaspillages et améliorer l’efficacité des processus. ODD 12.2: Gestion durable et utilisation efficace des ressources naturelles
Intégrer la gestion des risques et de la qualité dans la prise de décision opérationnelle et stratégique. ODD 12.2 / ODD 16.6
English
Identify the main sources of supply chain risk. SDG 16.6: Develop effective, accountable and transparent institutions
Assess the probability, impact, and criticality of risks. SDG 16.6: Develop effective, accountable and transparent institutions
Prioritize risks according to their level of exposure. SDG 16.6: Develop effective, accountable and transparent institutions
Develop risk prevention, mitigation, and continuity strategies. SDG 13.1: Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters
Analyze supply chain resilience and vulnerability. — SDG 13.1: Strengthen resilience and adaptive capacity to climate-related hazards and natural disasters
Apply principles of risk governance, collaboration, and monitoring. SDG 16.6: Develop effective, accountable and transparent institutions
Measure process performance using quantitative quality tools. SDG 12.2: Achieve the sustainable management and efficient use of natural resources
Use Lean and Lean Six Sigma principles to reduce waste and improve process efficiency. SDG 12.2: Achieve the sustainable management and efficient use of natural resources
Integrate risk and quality management into operational and strategic decision-making. SDG 12.2 / SDG 16.6
Number of SDG's addressed among the 17
3
Learning delivery
synchrone
Pedagogical methods
Along with classes, other pedagogical tools will be used such as class discussion, case studies and group exercises.
Evaluation and grading system and catch up exams
Continuous assessment: 30%
• case studies and exercises in class (20%)
• attendance (10 %)
Final assessment: 70%
• At the end of the course, the final exam (written test) assesses if students master the content of the course (concepts, tools...) and can reflect on how it applies in real-life situations (70%).
A catch-up exam (written test) is organised for students who do not pass on their first attempt.
Module Policies
Teacher- student communication
● The teacher will contact students via their school email address (IMT-BS/TSP) and the Moodle portal. No communication via personal email addresses will take place. It is the student's responsibility to check their IMT-BS/TSP mailbox regularly.
● Learners can communicate with the teacher by sending an email to his/her institutional address. If necessary, it is possible to meet him in his office during office hours or by appointment.
Learners with accommodation needs
If the learner has a disability that prevents them from completing the work described or requires any kind of accommodation, it is their responsibility to inform the Director of Studies (with supporting documentation) as soon as possible. They should also not hesitate to discuss the matter with their teacher.
Behaviour in class
● As a courtesy to the teacher and other learners, all mobile phones, electronic games or other sound-generating devices must be switched off during lessons.
● The learner must avoid any disruptive and disrespectful behaviour such as: arriving late to class, leaving early, inconsiderate behaviour (e.g. sleeping, reading a document not related to the course, using vulgar language, talking excessively, eating, drinking, etc.). A warning may be given for the first breach of these rules. Offenders will be penalised and may be expelled from the class and/or subject to other disciplinary procedures.
● Tolerated lateness is 5 minutes. Attendance will be declared on Moodle during these 5 minutes via a QR code provided by the teacher at each class start.
● The learner must arrive on time for examinations and other assessments. No one will be allowed into the classroom once the first person has completed the exam and left the room. There are absolutely no exceptions to this rule. No learner may continue to take an exam once the time has elapsed. No learner may leave the room during an exam unless he/she has finished and handed in all the documents.
● In the case of distance learning courses, learners must keep their cameras switched on unless otherwise instructed by the teacher.
Code of ethics
IMT-BS is committed to a policy of honesty in the academic environment. Any conduct that compromises this policy may result in academic and/or disciplinary sanctions. Learners must refrain from cheating, lying, plagiarism and theft. This includes doing original work and acknowledging anyone else whose ideas and printed materials (including those from the internet) are paraphrased or quoted directly. Any learner who violates or assists another student in violating the standards of school behaviour will be sanctioned in accordance with the rules of the IMT-BS.
Textbook Required and Suggested Readings
Hopkin, P. (2018). Fundamentals of risk management: understanding, evaluating and implementing effective risk management. Kogan Page Publishers.
Bedford, T., & Cooke, R. (2001). Probabilistic risk analysis: foundations and methods. Cambridge University Press.
Godfrey, P. C., Lauria, E., Bugalla, J., & Narvaez, K. (2020). Strategic risk management: New tools for competitive advantage in an uncertain age. Berrett-Koehler Publishers.
Keywords
Risk Assessment, Risk Mitigation, Enterprise Risk Management (ERM), Operational Risk, Quantitative Risk Analysis, Risk Control, Risk Monitoring, Value at Risk (VaR), Scenario Analysis.
Prerequisites
No specific prerequisite is necessary.