A NEW programme designed by Lancaster University Management School will help small businesses in Cumbria turn the tables on supply issues and transform broken supply chains into profit, the university has said.

The 'Resilient Supply Chains' programme, designed specifically for Cumbria and Lancashire SMEs, will help business leaders increase profits by creating more manageable and sustainable supply chains. 

Designed by Lancaster University Management School and delivered by business expert Mark Prince, the programme will help SME leaders find advantages in their new – often fragile - supply circumstances, consider strategy in the context of elongated supply chains and redefine supply success in their business.

The programme is delivered online via three half-day workshops. The very first programme starts on May 12 2022, so SME leaders are encouraged to register now for their fully-funded place.

Alex Errington, project manager at Lancaster University Management School, said: “Our Resilient Supply Chains programme is highly interactive and will give managers the time to step away from the day-to-day running of their business and reflect on their strategy – moving away from fixing the unfixable supply chain and onto profiting from it.

“The sad fact is that the uncertain world we now live in doesn’t seem to be going away. Small businesses need to navigate this instability as if it is here to stay - and find a way to thrive rather than survive.

“Our new programme offers SMEs the tools they need to transform their thinking and marketing to make any product shortages an asset and to maximise profits by simplifying product lines and minimising supply chain pain.

“Through our workshops, participants will get the chance to review business models that thrive on uncertain supply and variable lead times and look at the management of price and mismatched supply and demand to broaden their perspective and show where opportunities may lie.”

For more information, or to register, please visit: https://bit.ly/LUMS-resilient-supply-chains