The PG Diploma in Logistics and Supply Chain Management course encompasses business sustainability and green operations, general operations, and project management and covers logistics management to equip you with the latest business and social needs.

1. MIT School of Distance
Education
How to Manage Supplier Risk

2. What is Supplier Risk Management?
• Supplier risk management is identifying, assessing,
and mitigating the risks associated with your
suppliers.
• It is an integral part of the risk management strategy
of a business because suppliers play a critical role in
operations and the supply chain.
• You can ensure a reliable and trustworthy supplier
network with a proactive approach to supplier risk
management

3. How to Manage Supplier Risk
1. Identify the risks - This could include financial, operational, compliance, and reputational risks.
2. Assess the risks - Consider the likelihood and impact of each risk.
3. Mitigate the risks - Diversify your supplier base, conduct supplier audits, sign contracts and
agreements, and monitor supplier performance.
4. Have a contingency plan - If something goes wrong, have alternative suppliers lined up or a
plan to switch to a different product or service.
5. Continuously monitor and improve - Supplier risk management is an ongoing process.

4. It is essential for a supply chain and logistics professional to learn how to manage supplier risk
management.
The PG Diploma in Logistics and Supply Chain Management course encompasses business
sustainability and green operations, general operations, and project management and covers logistics
management to equip you with the latest business and social needs.
With PGDM Logistics and Supply Chain Management, learn strong managerial, communication,
coordination, organizational and execution skills
Learning Supplier Risk Management

5. Why MITSDE ?
• Understand the basics of Supply Chain Management (SCM)
• Understand the challenges and learn to forecast the bottlenecks in the supply chain for a
competitive advantage
• Learn the use of analytical software to minimize risk and optimize profits
• Learn critical people management skills for negotiation, working with a diverse group and ethical
decision making
• Learn strong managerial, communication, coordination, organizational and execution skills

6. • Freight Manager
• Dispatch Manager
• Customer Service Manager
• Fulfillment Supervisor
• Supply Chain Manager
• Consultant
• Warehouse Operations Manager
• Export Manager
• Purchasing Manager
• Supply Chain Software Manager
• International Logistics Manager
• Master Production Scheduler
• Supply Chain Distributor
• Transportation Manager
Potential Careers Opportunities
You can venture into the field as Management Trainee, Front Line Supervisor or Analyst. Challenging roles are offered namely:

7. MIT School of Distance Education is one of the largest distance learning center in India. We offer various
Post Graduate Diploma and Certificate programs & Online MBA Course across various industry sectors that
include Operations Management, Project, Information Technology, Banking and Finance, Digital Marketing,
Business Analytics and many more. MITSDE has, an online assessment system, flexi-learning approach and
provides state-of the-art Learning Management System (LMS) which is in line with its mission 'flexible
learning opportunities anywhere, anytime, and to provide ultimate convenience, ease, and flexibility to our
students.
About US

8. o Regularly updated syllabus
o Industry-relevant course offerings
o Courses taught by Industry Experts
o Affordable courses
o No cost EMI options
o Self-paced learning
o Live webinars and doubt solving sessions
o Quick and highly-responsive student
support
o Dedicated student support team
Advantage of learning with MITSDE

9. Placement Record at MITSDE
MITSDE has a dedicated Placement Cell providing 100% placement, CV building workshops and Career
Counseling.
Our Student Placement :

10. Placement Record at MITSDE

11. Contact Us
Address:
MIT Alandi Campus, Pune Moshi-Alandi Road,
Alandi-412105,Pune Maharashtra (India)
Phone: 9112-207-207 / 9028-258-800
Email ID: admissions@mitsde.com
Website: www.mitsde.com

12. Thank you