SCP740 - Risk Mitigation for Supply Chain Management

Outline info
Last revision date 2017-09-20 08:17:12.471
Last review date 2017-09-20 08:17:12.473

Subject Title
Risk Mitigation for Supply Chain Management

Subject Description

This course examines the use of risk mitigation tools and strategies to inform supply chain management decisions.  Students will explore the art and science of identifying, prioritizing, and mitigating risk in order to create risk mitigation plans for various risk factors associated with an organization's supply chain.  Students will learn how to lower the probability of occurrence of risk factors and the degree of impact of each high priority risk.

Credit Status
One Credit.

Learning Outcomes
Upon successful completion of this subject the student will be able to:

  1. Identify and discuss various risk factors associated with the management of supply and cash flows in a global supply chain (e.g., supply disruption, supply delays, demand fluctuations, price fluctuations, exchange rate fluctuations, etc.).
  2. Prioritize risks along the supply chain and identify tools and strategies to monitor and/or prevent them.
  3. Discuss the strategies and tools to mitigate risks that should be considered during network design.
  4. Discuss the risks and costs associated with following (or not following) principles of environmental sustainability and social responsibility in supply chain functions and processes.

Essential Employability Skills
Communicate clearly, concisely and correctly in the written, spoken and visual form that fulfils the purpose and meets the needs of the audience.

Respond to written, spoken, or visual messages in a manner that ensures effective communication.

Execute mathematical operations accurately.

Apply a systematic approach to solve problems.

Use a variety of thinking skills to anticipate and solve problems.

Locate, select, organize, and document information using appropriate technology and information systems.

Analyze, evaluate, and apply relevant information from a variety of sources.

Manage the use of time and other resources to complete projects.

Cheating and Plagiarism
Each student should be aware of the College's policy regarding Cheating and Plagiarism. Seneca's Academic Policy will be strictly enforced.

To support academic honesty at Seneca College, all work submitted by students may be reviewed for authenticity and originality, utilizing software tools and third party services. Please visit the Academic Honesty site on for further information regarding cheating and plagiarism policies and procedures.

All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at

Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Disabilities Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.

Mode of Instruction

Prescribed Texts

Required: Waters, Donald. (2011). Supply Chain Risk Management: Vulnerability and Resilience in Logistics (2nd ed.). Philadelphia, PA: Kogan Page.

Resources listed on the course outline support the achievement of learning outcomes, and may be used throughout the course to varying degrees depending on the instructor’s teaching methodology and the nature of the resource.

Promotion Policy

Grading Policy
A+ 90%  to  100%
A 80%  to  89%
B+ 75%  to  79%
B 70%  to  74%
C+ 65%  to  69%
C 60%  to  64%
D+ 55%  to  59%
D 50%  to  54%
F 0%    to  49% (Not a Pass)
EXC Excellent
SAT Satisfactory
UNSAT Unsatisfactory

For further information, see a copy of the Academic Policy, available online ( or at Seneca's Registrar's Offices.

Modes of Evaluation

Assignments 30%
Major Project 40%
Final Exam 30%
Total 100%

Academic Program Manager:
Emiliano Introcaso

Approved by: Academic Program Manager Emiliano Introcaso