TLIX9996X Employ digital supply chain risk management practices

TLIX9996X Employ supply chain risk management practices

TLIX9996X Employ digital supply chain risk management practices

Modification History

Release 1. This is the first release of this unit of competency in the TLI Training Package.

Application

This unit of competency describes the skills and knowledge required to employ risk management practices in a digital supply chain environment. It includes identifying digital supply chain risks, developing digital supply chain risk management plans, implementing digital supply chain practices and reviewing digital supply chain risk management practices.

Supply chain risk management practices typically focus on identifying, measuring and analysing risks to minimise negative impacts. Risk management and risk control in a digital supply chain, whilst built on standard risk planning strategies, will specifically aim to address cyber security in relation to third parties and the provision of rapid organisational responses to unplanned events.

The unit is applicable to those with management or team leadership responsibilities within a supply chain.

No licensing, legislative or certification requirements apply to this unit at the time of publication

Prerequisite Unit

Not applicable.

Competency Field

Supply chain

Unit Sector

 

Elements and Performance Criteria

ELEMENTS

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

 

Identify digital supply chain risks

1.1

Risks, including vulnerabilities in the digital supply chain, are identified and mapped

 

 

1.2

Cyber security risks related to third parties in the digital supply chain are identified

 

 

1.3

Digital supply chain risks are prioritised for severity of impact

 

Develop digital supply chain risk management plan

2.1

Digital supply chain risk management plan, is developed and communicated to stakeholders

 

 

2.2

Digital supply chain risk management system is developed, in accordance with the risk management plan

 

 

2.3

Digital supply chain risk management policies, procedures, processes and practices are developed, in consultation with stakeholders

 

 

2.4

Reporting mechanisms are established, in accordance with the risk management plan

 

Implement digital supply chain risk management practices

3.1

Risk mitigation is undertaken, in accordance with risk management procedures

 

 

3.2

Digital supply chain dashboard metrics are used to assess risks, identify causes and inform stakeholders  

 

 

3.3

Risks to the technical integrity of the digital supply chain are reported, in accordance with risk management procedures

 

 

3.4

Responses to unplanned digital supply chain events are managed, in accordance with risk management procedures

 

Review and report on digital supply chain risk management practices

4.1

Digital supply chain risk outcomes, including cyber security, are assessed and the effectiveness of risk mitigation is reviewed, in consultation with stakeholders

 

 

4.2

Continuous monitoring and assessment of digital supply chain data related to risk management practices is reviewed

 

 

4.3

Report on digital supply chain risk management practices is prepared and presented to approved stakeholders

 

Foundation Skills

Foundation skills essential to performance are explicit in the performance criteria of this unit of competency.

Range of Conditions

Range is restricted to essential operating conditions and any other variables essential to the work environment.

Non-essential conditions may be found in the Companion Volume Implementation Guide.

 

 

Unit Mapping Information

This is a new unit.

Links

 

 


 

Assessment Requirements for TLIX9996X Employ supply chain risk management practices

Modification History

Release 1. This is the first release of this unit of competency in the TLI Training Package.

Performance Evidence

Evidence required to demonstrate competence in this unit must be relevant to and satisfy all requirements of the elements, performance criteria and range of conditions on at least one occasion and includes

·         analysing data

·         assessing risk outcomes

·         communicating with stakeholders

·         creating risk management system

·         determining third party cyber security risks

·         developing digital supply chain risk management plan

·         establishing digital supply chain risk management reporting mechanisms

·         identifying risks and vulnerabilities in the digital supply chain

·         implementing digital supply chain risk management practices

·         managing responses to unplanned events

·         monitoring and assessing digital supply chain data related to risk management practices

·         preparing reports

·         reporting risks to the technical integrity of the digital supply chain

·         undertaking risk mitigation and reviewing its effectiveness

·         using digital supply chain dashboard metrics to assess risks, identify causes and inform stakeholders 

·         working with risk management policies and procedures

Knowledge Evidence

Evidence required to demonstrate competence in this unit must be relevant to and satisfy all requirements of the elements, performance criteria and range of conditions and includes knowledge of

·         communication methods and techniques

·         data analysis

·         digital supply chain policies and procedures

·         digital supply chain stakeholders

·         digital supply chain technology

·         principles of risk management practice

·         report requirements

·         responses to unplanned digital supply chain events

·         risk management plans

·         risk mitigation

·         tools, methods and techniques for digital supply chain risk management practice

·         types of digital supply chain risks including cyber threats

Assessment Conditions

As a minimum, assessors and assessment must satisfy applicable regulatory requirements, which include requirements in the Standards for Registered Training Organisations current at the time of assessment.

Assessment processes and techniques must be appropriate to the language, literacy and numeracy requirements of the work being performed and the needs of the candidate.

Assessment must occur in workplace operational situations. Where this is not appropriate then assessment must occur in simulated workplace operational situations.

Resources for assessment must include access to a range of

·         exercises, case studies or other simulations

·         materials and tools including digital supply chain equipment used in industry

·         documentation including organisational policies and procedures, industry standards, regulations, codes of practice, operational manuals and equipment specifications. 

Links

XXX Training Package Companion Volume Implementation Guide at: [sector webpage link here]

 

4 Responses

  1. Well written unit relevant to current and evolving environment. The implementation and growing use of digital technology means not only managing existing risks in new ways but the introduction of new risks for supplychain businesses manage. To me risk management is about identifying and managing threats and opportunities.Reference

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