2025: Supply Chain Sustainability and Risk Management

R2800,00

Course Objectives: To understand the importance of sustainability in supply chain management and its connection to risk management, To explore the application of King IV and integrated reporting frameworks to supply chain sustainability, To analyse global risks impacting supply chains, including those linked to wars, political elections, and ESG considerations, To equip participants with tools for identifying and mitigating supply chain risks, To foster strategic thinking for enhancing supply chain resilience and sustainability.

Key benefits/ Outcomes: Comprehensive knowledge of sustainability principles and their role in supply chain risk management, Insights into emerging global and regional risks affecting supply chains, Practical tools for aligning sustainability practices with King IV and other global frameworks, Enhanced ability to develop resilient and sustainable supply chain strategies, Case-based learning to draw actionable insights from real-world scenarios.

Day 1: Foundations of Sustainability and Risk in Supply Chains

Session 1: Introduction to Supply Chain Sustainability

  • Definition and importance of sustainability in supply chains. Circular economies
  • Key ESG factors influencing supply chain strategies.
  • Overview of global sustainability standards and regulations.

Session 2: King IV and Integrated Reporting for Supply Chains

  • Principles of King IV related to sustainability and governance.
  • Applying integrated reporting frameworks to supply chain sustainability.
  • Case examples of successful alignment with King IV.

Session 3: Identifying Emerging Risks in Supply Chains

  • Review of recent risk radars from external audit firms and IRMSA.
  • Analysis of key risks: geopolitical tensions, wars, and political instability.
  • Impact of global elections on supply chain sustainability.

 

Session 4: Tools and Techniques for Sustainability Risk Management

  • Methods for assessing supply chain risks.
  • Leveraging technology and data analytics for risk identification. Circular economy with rework, reuse, re-engineering of processes
  • Practical exercise: Mapping supply chain risks.

Session 5: Interactive Workshop

  • Group activity: Designing a sustainable supply chain strategy for a case study organization.

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Day 2: Advanced Applications and Global Trends

Session 1: Mitigating Risks in Supply Chain Sustainability

  • Strategies for addressing risks linked to wars and political events.
  • Building resilient supply chains through diversification and innovation.
  • Examples of proactive risk mitigation efforts.

Session 2: Global Risks and Supply Chain Sustainability

  • Examination of risks highlighted in global risk reports (e.g., climate change, resource scarcity).
  • Addressing human rights and ethical concerns in supply chains.
  • Case study: Managing sustainability risks in a global context.

Session 3: Leveraging Frameworks for Sustainable Supply Chains

  • Integrating King IV principles with global frameworks like GRI and TCFD.
  • Reporting on supply chain sustainability to stakeholders.
  • Practical exercise: Creating a supply chain sustainability report.

Session 4: Role of Technology in Supply Chain Sustainability

  • Impact of AI and blockchain on supply chain transparency.
  • Using big data for predictive analytics in risk management.
  • Innovations driving sustainable supply chain practices.