CIPSTamkeenStarts Aug 2, 2026

Managing Supply Chain Risk

Module

Duration: 25hrs
Level: 05
Language: english
Reference: L5M2

Course Overview

Supply chains break in predictable ways — currency swings, supplier insolvency, security threats, ESG failures. This module covers the tools and techniques to identify, assess, mitigate, and monitor those risks, plus the contingency planning and insurance layers that keep operations running when something goes wrong.

What you'll learn

Build a risk register with probability/impact assessments and mitigation actions for a real supply chain
Apply contractual clauses (indemnity, force majeure, liquidated damages) to allocate risk between buyer and supplier
Evaluate the role of third-party auditors and insurance in managing residual risk
Assess how ESG (Environmental, Social, and Governance) factors create new categories of supply chain risk

Syllabus & course details

Core module · 6 credits · Objective Response (OR) exam · 1.5-hour duration. A structured approach to supply chain risk. You'll cover categories of risk (financial, strategic, operational, hazard), the use of model-form contracts to allocate risk, third-party providers for credit/audit/disaster-recovery services, insurance categories (public liability, professional indemnity, product liability, trade credit), and the risk register / probability-impact assessment toolkit used to mitigate risk at the strategic level.