Program Overview

ME2154 Supply Chain Risk Management

The ME2154 Supply Chain Risk Management course is a 7.5-credit program offered at KTH Royal Institute of Technology.

Information per Course Offering

• Termin: Spring 2026
• Start Date: 16 Mar 2026
• Duration: 16 Mar 2026 - 1 Jun 2026
• Periods: Spring 2026: P4 (7.5 hp)
• Pace of Study: 50%
• Application Code: 60347
• Form of Study: Normal Daytime
• Language of Instruction: English
• Number of Places: Minimum 10
• Target Group: Open for all programs as long as it can be included in your programme

Contact

• Examiner: Luca Urciuoli
• Course Coordinator: Luca Urciuoli
• Teachers: Luca Urciuoli

Course Syllabus

The course syllabus for ME2154 is available in an accessible format on the course page.

Content and Learning Outcomes

Course Disposition

See the course syllabus for detailed information.

Course Contents

The course covers the following fields:

• Risk analysis, risk management, and safety in supply chains
• Short summary of concepts and models in statistics and probability theory
• Error models in supply chains
• Qualitative and quantitative risk management tools
• Discrete event simulation and agent-based modelling
• Use of simulation tools, mathematical tools, and risk management tools in supply chains
• Risk-based criteria for selection of suppliers and outsourcing decisions
• International trade and "compliance management"
• Use of risk management tools in postal services networks and international trade
• Digital ecosystems for risk management, robustness, and automation

Intended Learning Outcomes

After completing the course with a passing grade, the student should be able to:

1. Apply mathematical models to analyse risks in supply chains
2. Apply, analyse, and evaluate results from risk estimation methods in a game-based case study about supply chains for postal services
3. Analyse a case study of a supply chain and understand the importance of risk management
4. Draw own conclusions about private-public partnerships, sustainability, and ethics in supply chains for postal services
5. Describe and explain risks in management and control of supply chains and how contextual factors can increase the probability for or the consequences of a disrupting event
6. Explain the consequences of risk management upstream in a supply chain, particularly with regard to the risks that must be handled by an OEM that has suppliers in several stages where the insight/visibility is limited
7. Summarise and explain the consequences of incentive systems to balance a company's risks and result
8. Explain and apply basic models and theory of international trade in a case study
9. Explain the importance of the visibility/transparency of supply chains at risk management
10. Suggest and argue for different risk management strategies to decrease the risks while the material flow is optimised in an international supply chain
11. Draw own conclusions about private-public partnerships, sustainability, and ethics in international supply chains

Literature and Preparations

Specific Prerequisites

• Satisfies the requirements for a Degree of Bachelor of Science
• ME2053 Logistics and Supply Chain Management completed
• Documented knowledge in English B or the equivalent

Recommended Prerequisites

None in addition to the specific prerequisites.

Literature

Information about course literature can be found in the course memo for the course offering or in the course room in Canvas.

Examination and Completion

Grading Scale

A, B, C, D, E, FX, F

Examination

• LAB1 - Laboration, 1.0 credits, grading scale: P, F
• INL1 - Simulation, 1.5 credits, grading scale: A, B, C, D, E, FX, F
• SEM1 - Seminar, 2.0 credits, grading scale: A, B, C, D, E, FX, F
• SEM2 - Seminar, 3.0 credits, grading scale: A, B, C, D, E, FX, F

Based on recommendation from KTH's coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.

The examiner may apply another examination format when re-examining individual students.

If the course is discontinued, students may request to be examined during the following two academic years.

Examiner

Luca Urciuoli

Ethical Approach

• All members of a group are responsible for the group's work.
• In any assessment, every student shall honestly disclose any help received and sources used.
• In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.

Further Information

Course Room in Canvas

Registered students find further information about the implementation of the course in the course room in Canvas.

Offered By

ITM/Industrial Economics and Management

Main Field of Study

Industrial Management

Education Cycle

Second cycle