SUPPLY CHAIN RESILIENCE

A Pragmatic Approach to Build Resilient Supply Chains

 
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COURSE DESCRIPTION

Extreme contexts and their consequences have dramatically shifted the business and economic performance landscape. The sources of extreme events can stem not only from the pandemics, but also from climate change, political instability, natural disasters, terrorist attacks, and etcetera. It may expose firms and economies to the impact and consequences of extreme contexts.

In the context of extreme events, efficiency and economic rationality create a substantial trade-off for the firms on the need and the magnitude of investment in resiliency. However, due to the fact that extreme events are remarkably impactful and may threaten the existence of the businesses and economies, the firms and economies require to reconcile the efficiency and resiliency tensions.

Yet manufacturing firms are often short-sighted in their resiliency development. The myopic cognition of many supply chain managers is evident in the current pandemic. It is materialized by frequent shortages of many products in society, particularly the critical products. These pieces of evidence of widespread shortages of many items imply the lack of comprehensive understanding of supply network resiliency and the need for re-examining the way manufacturing firms have been developing resiliency in their supply chains.

This course is designed to offer two pieces of learning essentially: first, to enhance the cognitive ability of participants in terms of the complexity and multidimensionality of resiliency development in the manufacturing supply chain; second, to provide a practical approach to develop resiliency in the supply network.

The learning experience will be facilitated intuitively, graphically, and mathematically. However, the math component will be kept as light as possible to ensure the intuitive understanding and practicality of the approach are not compromised. The course combines the lecture and case study methods and facilitates participants’ learning based on the hands-on experience, working on a spreadsheet, and developing a solution.

What you will learn
  • The shift in the performance landscape and the importance of extreme contexts
  • A practical approach to map the supply network, identify the weakest link, and develop resiliency solutions
  • The necessity of changing the mental template of firms and supply chain decision-makers to bypass the duality of efficiency and resiliency
Learning requirements:

In order to earn a Certificate of Completion, participants must attend the required sessions and complete any assignments by the given deadlines.

Building resiliency in the supply chains requires both a mindset shift and being equipped with the right tools. Extreme contexts are becoming a norm and force supply chain and firm decision-makers to reconcile the difficult tension between efficiency and resiliency. The firms who have developed mental models and routines in their organization and supply chain to bypass the duality of efficiency and resiliency can ensure not only short-term success but also long-term survival.
Prof. Javad Feizabadi

Associate Professor of Operations and Supply Chain Management, Asia School of Business

FACULTY BIOGRAPHY

Javad Feizabadi is an Associate Professor of Operations and Supply Chain Management at Asia School of Business and a Research Affiliate at MIT Center for Transportation and Logistics. Before joining ASB, he worked as Associate Professor at MIT Global SCALE Network center. He holds a Ph.D. in Operations Management. Apart from the academic experience, he worked for over ten years in industries with complex products such as automotive, agricultural machinery, and equipment.

DR. JAVAD FEIZABADI

Associate Professor of Operations and Supply Chain Management

AREA OF EXPERTISE
Operations and Supply Chain Management
WHO WILL BENEFIT
Supply chain managers and decision makers looking to plan and prepare strategically to mitigate the impact of extreme events by investing in building resiliency
GAIN AN EXECUTIVE CERTIFICATE

The Supply Chain Resilience course is part of ASB’s Executive Certificate ‘Supply Chain and Logistics’ track, designed for professionals who are seeking an in-depth, comprehensive certification of their mastery and understanding in these topics.

World-class teaching meets innovation and emerging world expertise

The ASB Iclif Executive Education Center’s open-enrollment courses are designed for busy professionals to upskill themselves with short, accelerated courses. Each course in our open enrollment program is self-contained and crafted to provide you with the essential knowledge, skills & tools to navigate in today’s complex world. Our course content is developed by drawing on the rigor of our founding parents – Bank Negara Malaysia and MIT Sloan – and combining it with fresh, innovative cases and approaches developed out of emerging trends in Asia and the developing world.

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SUPPLY CHAIN RESILIENCE

October 5 – 6

1.00pm – 5.00pm

Changes to the delivery mode for ASB ICLIF Executive Education courses may be made in accordance with government policies

Program Fee

RM 3,000 / USD 770

For more information, contact us at exec@asb.edu.my