Risk Management

Introduction and the fundamentals of risk management, methods of risk assessment, risk types: environmental, market and operational risks, disruption vs. matching risks, risks in logistics (procurement, production, storage and transport) and their evaluation (technical, organizational / commercial), risk management system and its implementation, risk and liability management, strategies for reducing the occurrence and impact of risks (mitigation strategies ), risk recovery

Mode of delivery

face to face

Type

compulsory

Recommended or required reading and other learning resources/tools

Ziegenbein, Arne (2007): Supply Chain Risiken - Identifikation, Bewertung und Steuerung, Vdf Hochschulverlag, Zürich Chopra, Sunil; Sodhi, ManMohan (2004): Managing Risk to Avoid Supply-Chain Breakdown, MIT Sloan Management Review, Fall 2004, 53 - 61 Sheffi, Yossi; Rice, James (2005): A Supply Chain View of the Resilient Enterprise, MIT Sloan Management Review, Fall 2005, 41 - 48

Planned learning activities and teaching methods

Lectures, case studies, discussions

Assessment methods and criteria

continuous assessment

Prerequisites and co-requisites

Course Environmental and Sustainability Management, and modules about Transport and Traffic, and Supply Chain Management

Infos

Degree programme

Logistics & Transport Management (Bachelor)

Cycle

Bachelor

ECTS Credits

3.00

Language of instruction

English

Curriculum

Part-Time

Academic year

2021

Semester

6 SS

Incoming

Yes

Learning outcome

After the completion of the course, the students will be able to explain the importance of risk management for industrial companies, particularly for companies in the logistics and transport sector, identify relevant risks, quantify and classify as well as develop risk strategies.

Course code

0391-11-06-BB-DE-62