Supply chain risk management

Driven by strained supply chains across the tiers, assessing and managing supplier risks gains even more importance as businesses adapt to the new normal post-COVID. Supplier risk management differs for each business but the underlying framework is consistent and there are a number of input parameters which need to be fine-tuned to make it fit-for-purpose. The parameters include:

• Operating model decisions such as who in the organisation is accountable and what process/systems are used
• Risk profiles (will vary by category)
• Weighting of different risks (Financial, supply, reputational and HSE)

In this workshop, we will discuss:

• Your organisational set-up (i.e. where in the organisation does the accountability/responsibility sit) and processes, incl. active risk management as part of supplier management and sourcing
• Types of risks considered 
• Examples of wider industry risks and potential ways to manage them