This document provides information about an upcoming training course on operational risk management in supply chains. The 3-day course will be held in Lagos, Nigeria in September 2014 and will help participants learn how to identify, analyze, and control risks at various stages of the supply chain. The training will cover topics like supply chain operations, risk identification and assessment, quality control, and strategies for reducing supply chain risks. The course is designed for professionals working in supply chain management, operations, risk management, and related fields.

1. Operational Risk Management in Supply Chain
17 – 19 September, 2014 | The Resource Space, Lagos, Nigeria.
This course is available for IN-HOUSE; For Further information, please contact: Tel: +234 8037202432, Email: petronomics@yahoo.com. Web: www.thepetronomics.com

2. OVERVIEW Risk is inherent in all of our supply chains, both upstream and downstream. With analysis, preparations and action, risks at all stages of the supply chain can be avoided, managed or deflected to forestall possible disruptions to the supply chain. This comprehensive training programme seek to provide the participants with a thorough understanding on how to identify, analyse and control exposure as well as apply knowledge to manage supply chain risk related tasks and advise others. COURSE OBJECTIVE At the end of this programme, participants will be able to;
 Apply a thorough understanding of supply chain activities
 Identify, analyse and evaluate supply chain risk management
 Understand the key aspect in reducing risk
 Demonstrate better decision quality in reviewing alternatives for a superior project outcome
 Evaluate how effective risk management can have positive benefits for organisation
 Assess the risk involve in using technology
PERFORMANCE FOCUS Petronomics Training is significant investment for your workforce. Our programmes have been designed to fill identified knowledge gap and pro applicable know-how that will avail participants with a deeper understanding of supply chain management. The outcome of this course is to ensure that you acquire insights to the vast scope of issues affecting the aviation fuel through our carefully modeled designed comprehensive programmes. COURSE CONTENT Supply Chain Management Essentials:
 Elements of Supply Chain
 Understanding Supply Chain Management key elements and objective
 Building blocks of a Supply Chain network
 Supply Chain operations model
 Forecasting
 Functions and responsibilities within the Supply Chain
 Inventory Accounting
 Impact of Functions and Sub‐functions on Total Cost
 Communication
Supply Chain Business Process Integration Key Processes:
 Customer service management
 Demand management and order fulfilment
 Procurement/Purchasing -Supplier selection and relationship management
 Manufacturing flow management/support
 Product development and commercialization
Supply Chain Operations Model
 The Stockholding Conflict
 Provisioning
 Range and Depth of Stockholding
 Calculating the Requirement
 Economic Order Quantity
 Operational Costs
 Forecasting the Requirement
The Role of Quality in Controlling and Reducing Risk
 Achieving first time quality
 The management of quality
 The use of optimum control points
 Key risk controls
 Cause and effect analysis
 Generic cause factors
Identifying Supply Chain Instabilities and Risks
 Internal Supply Chain Risk
 Inventory Risk
 Disruption Risk
 Mismanaged Relationship Risk
 Logistics Risk
Example of operational risk model
 Identification and Prioritisation of key risk factors
 Prioritizing of operational risk drivers
 Establishing a risk hierarchy
 Event magnitude and frequency measurements
 Group discussion on the benefits / pit falls of risk models and measurement systems
Build an operational risk scoring process
 Review of the major types of operational risks
 Measurement framework
 Scoring approaches
 Key performance and Key risk indicators
 Critical Success Factors
The Role of Management Information in Controlling Risk
 Highlighting risk areas and non-compliance
 Documenting and authorisation of exceptions / excesses
 Reports design / structure
 Getting focused
Reducing Supply Chain Risk
 Improving Visibility
 Maintaining Velocity
 Enabling Agility and Synchronicity
 Applying Supplier Relationship management
Rethinking the Supply Chain
 Supply Chain futures and predictions
o Agility, Network Design, China Supply Effect, Going “Green”, Professional Leaders/Managers Development
 Reengineering Supply Chain end to end to minimize risk
WHO SHOULD ATTEND The course will be of value to professionals in the following areas: Senior and Middle Management who are concerned about Risk Compliance Staff

3. Operations Officers Supply chain officers Middle Office and Risk Managers Financial and Product Control Staff Treasury Managers DELIVERABLES Our training programmes are exciting learning events. All participants during the programme are entitled to all course materials and a certificate of participation. On a written request, we shall furnish you with a detailed report summarising our perception of participants’ strengths, areas for improvement and proposed action plans within four weeks of concluding the course. Our feedback process ensures your objectives are achieved by the conclusion of our training process. PROGRAMME FEE The programme fee covers tuition, course materials. Payment is due upon receipt of the invoice. Our cancellation policy applies. N126,000.00 per participant. IN-HOUSE TRAINING Petronomics Training can work with your organization to provide the course to meet your budget at your convenience (time and location) in the comfort of your working environment. This collaborative effort, emphasize actionable learning, the application of theory in practice and combine core business skills/technical knowledge with dynamic leadership training. If you would like to discuss possible collaboration in developing in-house training, please contact on the details below. REGISTRATION To nominate a participant for this training, kindly forward the details of your nominated participants, (i.e. name, email address, telephone nos.) and stating the course your participant are registered. Business Development Desk Petronomics Training 12A MabinuoriDawodu Street Gbagada Estate Phase 1, Lagos Telephone: 234 1 8426905-6 0803 720 2432 +971556985290 Email: ayantola.victoria@thepetronomics.com
petronomics@yahoo.com
www.thepetronomics.com ABOUT US At Petronomics, energy expertise is our resource and inspiring competence is what we enjoy. The application of knowledge in driving innovation and ultimately possibilities is the catalyst that steer a distinctive value proposition. Braced with visionary advisory board, inspired/cultured workforce and experience faculty, we provide superior intellectual resource pool that bridge competency gap for industry operators. The benefits of our expertise are accessible through learning programmes, research and conference services; a blend that sets us as the preferred pool, professionals approach to upgrade business skills. THE LEARNING APPROACH In driving innovation and industry excellence, we develop skills and experience that employers value by offering a comprehensive range of flexible learning options to meet their workforce development needs through a broad range of learning approach that offers intensive and enjoyable experience to participants. Participants benefit from lectures, case study analysis, group discussion, workshop, and are also encouraged to learn from other managers and professionals on their programme by sharing ideas and experiences. We place a particular emphasis on group work where participants’ real life situations are used as vehicles for learning. FACULTY Key to our approach is the quality to the faculty members. Every faculty member on our 20 member team is rigorously assessed and contracted in line with our Standard Operating Procedure. Each of them understands that they have to deliver training and supporting documentation to the highest standard. They comprise of professionals with outstanding track records in their area of specialty. Whilst they bring to bear several years of hands-on experience in the industry, they are committed to knowledge growth and have an understanding of the link between strategy and knowledge capital. LEARNING ENVIRONMENT
Our programmes are conducted in a decent and cozy environment globally. We ensure that our participants are relaxed to refresh in an ambience well conducive for inspiring and creative brainstorming that accelerate the learning curve of individual participants. In consolidation of our value chain, locations are carefully considered using our five star QC indicator like security, banquet facilities, accessibility and customer services. Our programme team works with the facility staff to ensure a personal and warm welcome to participants.