Supply Chain Risk Management Certificate launched by Institute of Risk Management

The Institute of Risk Management (IRM) has announced the addition of a new Supply Chain Risk Management Certificate to its existing portfolio of qualifications. This qualification introduces the concepts behind supply chain risk management and equips risk practitioners and others involved in managing their supply chains with the ability to apply their risk management knowledge in a world where value is increasingly added via the supply chain.

The qualification explains how globalised outsourcing, digital disruption, specialisation and just-in-time delivery are changing the risk factor in supply chains for many organisations. It looks at how appropriate risk management tools and techniques can be applied, adapted and developed in an increasing digital context. The qualification provides a broad understanding of supply chain risk management principles and practices.

Socrates Coudounaris CFIRM, chair of the IRM, explained: “Our new qualification will help organisations of all types understand and manage their supply chain risks. No organisation can manage risk in isolation. Everyone has not only a supply chain, but also an entire extended enterprise that determines their risk environment. Globalisation, digital technology and business disruption also mean that these environments are becoming more complex. Risk professionals need to be on top of this issue.”

Those practitioners taking this qualification will be able to demonstrate an understanding of how supply chains operate and the risk implications of ongoing developments from various perspectives including those of the public and private sectors and help their organisation implement the appropriate governance frameworks across extended organisational boundaries while stating the need to ensure cross-functional thinking and measurement.

They will also be able to explain the nature and impact of the major sources of disruption and other risks that supply chains face and understand how these can differ by industry.

Nick Wildgoose, independent supply chain risk management consultant and syllabus advisor, added: “Supply chains are at the heart of how many of today’s organisations drive value. There are supply chain disruptions and reputational incidents happening every day that could have been better managed to protect this value. This qualification will help learners develop a clear understanding of supply chain risks and the tools and new technology which can help organisations stay protected.” 

The IRM qualification is delivered by online supported distance learning and assessed by multiple choice questions in 5,000-plus examination centres worldwide. Enrolments will be opening in February 2020 for those wishing to register for the December 2020 examination session.

*More information can be found at: www.theirm.org/scrm

About the Author
Brian Sims BA (Hons) Hon FSyI, Editor, Risk UK (Pro-Activ Publications) Beginning his career in professional journalism at The Builder Group in March 1992, Brian was appointed Editor of Security Management Today in November 2000 having spent eight years in engineering journalism across two titles: Building Services Journal and Light & Lighting. In 2005, Brian received the BSIA Chairman’s Award for Promoting The Security Industry and, a year later, the Skills for Security Special Award for an Outstanding Contribution to the Security Business Sector. In 2008, Brian was The Security Institute’s nomination for the Association of Security Consultants’ highly prestigious Imbert Prize and, in 2013, was a nominated finalist for the Institute's George van Schalkwyk Award. An Honorary Fellow of The Security Institute, Brian serves as a Judge for the BSIA’s Security Personnel of the Year Awards and the Securitas Good Customer Award. Between 2008 and 2014, Brian pioneered the use of digital media across the security sector, including webinars and Audio Shows. Brian’s actively involved in 50-plus security groups on LinkedIn and hosts the popular Risk UK Twitter site. Brian is a frequent speaker on the conference circuit. He has organised and chaired conference programmes for both IFSEC International and ASIS International and has been published in the national media. Brian was appointed Editor of Risk UK at Pro-Activ Publications in July 2014 and as Editor of The Paper (Pro-Activ Publications' dedicated business newspaper for security professionals) in September 2015. Brian was appointed Editor of Risk Xtra at Pro-Activ Publications in May 2018.

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