"} 61:{"id":21570,"heading":"Compulsory Units - Managing Supply Chain Risk (6 Credits)","subheadings":"

Risk management is a central part of an organization’s strategy. It is a process whereby the organization will identify, record, and then address the risks associated with their activities with the aim of driving out or controlling those risks for the overall benefit of organizational efficiency and effectiveness. The supply chain is by its very nature a complex activity, therefore, susceptible to risk and its associated impacts.

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This module enables learners to examine the nature of supply chain risk and to evaluate available mitigation techniques as they deal with the associated challenges. They will undertake risk analysis and consider the advantages of a risk register as they apply a range of appropriate risk management tools and techniques to the supply chain.

"} 62:{"id":21571,"heading":"Compulsory Units - Managing Ethical Procurement & Supply (6 Credits)","subheadings":"

The global economy and the associated advantages of sourcing from a global base of suppliers require organizations to be prepared to address the ethical challenges that such approaches may present for procurement and supply activity. Similarly, the concept of sustainability and its impact on the supply chain should not be underestimated as organizations strive to be seen to play their part in the global agenda.

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This module gives those with managerial responsibility for the procurement and supply function an understanding of ethical and sustainability impacts on the supply chain, and the opportunity to analyze initiatives to improve practice and ensure organizational compliance with international standards in respect of ethical and sustainable procurement and supply chain management.

"} 63:{"id":21572,"heading":"Compulsory Units - Advanced Contract & Financial Management (12 Credits)","subheadings":"

A significant element of the procurement and supply function is based on the contracting process. T

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