Translation 5: Managing Complex Supply Chains

One of the critical factors in developing and commercialising a product is the integrity of the supply chain. It's true that quality starts at the supplier and understanding your supply chain risks is fundamental. The product supply chain can be highly complex. Traditional companies may only have starting material and outwards supply chains to consider, but increasingly there is a trend to outsource or rely on technology providers and some organisations are 'virtual' where all operations are outsourced. This module outlines programs for qualifying and managing various types of suppliers, when and how, and how to utilise risk assessments to optimise supply chain risks