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Stopped in Your Tracks! Why Supply Chain Resilience Has Become a Critical Competence and How to Excel at It
Tuesday, July 31, 2012

Summary

The ability to manage supplier risk and supply chain risk has become a critical competence for organizations.
 
Companies are highly outsourced with suppliers spread out across the globe, yet firms' knowledge of their suppliers and the environments they operate in is often limited and out-of-date, crippling their ability to successfully and proactively respond to the dynamics of their supply base. This has introduced substantially more risk in global businesses.  How well a company manages those risks, in a timely fashion, can have huge repercussions, even impacting their market share and ultimate success and failure as a business. Though supply chain risk and resilience has been talked about for years, few manufactures have made the necessary investments required to effectively manage their risks.
 
In this session, we will present findings from research on Supply Chain Risk and Resilience. You will learn:
 
  • Differences between the best run companies and typical companies in how they manage their supply chain risks and how they fare in disrupting events.
  • Quantifying the ROI of supplier risk management
  • Types of supplier risks and how to manage them
  • Supplier risk mitigation strategies in practice
  • Roles of third parties in successful supplier risk management
 
This is a 'must attend' event for anyone who has responsibility for managing their supply chain and suppliers, and ensuring the quality and continuity of supply.

Speakers

 
Bill McBeath - Chief Research Officer
ChainLink Research
Bill McBeath leads ChainLink's research efforts, with a particular focus on procurement and strategic sourcing.  With more than 20 years of experience in a variety of roles as a business and technology researcher and consultant, high tech executive, product manager, and software architect, Mr. McBeath is recognized as a leading expert in a variety of areas.
 
-Sourcing and Procurement--Extensive research with the world's best run companies about their next generation of best practices, management of suppliers, practical implementation challenges, and use of technology.
 
-Risk Management--Led the creation of ChainLink's Supply Chain Risk Assessment model, used to prioritize risk mitigation investments.
 
-Strategy--Conducted numerous CEO-team workshops on go-to-market strategies, positioning, partnerships, pricing, and organization strategies.
 
  
Lauren Kaplan - Senior Director
LexisNexis
 
Lauren is a Senior Director of Product Planning and Strategy, at LexisNexis. She has responsibility for the News and Business portfolio across all market segments, as well as for the overall strategy for the Non-Legal Corporate market segment. Prior to joining LexisNexis, Ms. Kaplan was a Senior Associate at Mercer Management Consulting (now Oliver Wyman), where she led growth strategy projects for large clients primarily in the consumer products and healthcare industries. She also worked in marketing strategy at AOL. Ms. Kaplan has an MBA from Harvard Business School and a BA in Politics from Princeton University.
 
 
Moderator:
 
Nora Pollard Neibergall, CPSM, CPSD, C.P.M.
Nora Pollard Neibergall, CPSM, CPSD, C.P.M., Senior Vice President at Institute for Supply Managementâ„¢.  Starting her career with ISM in 1994, Nora now oversees ISM's educational program development, professional credentials, public relations, marketing and sales efforts.