Description:All organizations—even those with a focus on risk exposure are vulnerable to disaster. By examining supply chain risk management as a key responsibility of senior supply chain leaders, you will be better equipped to strengthen your company's approach to internal and external risk. This one-day event on risk management will enable you to better develop and implement strategies that balance innovation and risk.
333 E Butterfield Rd
Lombard, IL 60148
Leading experts will provide insight and best practices for measuring risk level, assessing potential threats, and driving enterprise value. By improving your ability to organize, manage, and govern the risk management function, you will be better prepared to protect your company's assets, brand reputation, and competitive advantage.
Attending will allow you to:
- Assess your company's potential risks, such as geopolitical crises, competitive threats, brand damage, and unethical employee behavior
- Know when to turn down opportunities that could expose your company to excessive risk
- Assess risk and build and integrate processes that anticipate, prioritize, and mitigate threats
- Decide which threats to manage and mitigate internally as a source of competitive advantage
- Create long-term opportunities from short-term risks
Session 1: Academics say Supply Chain Risk Management is an “unbounded problem.” Try explaining that to the Board
The threats we face are unlimited, with potential impacts in strategy, operations, physical infrastructure, and financial stability. By bundling the risks and managing the portfolio, the supply chain can be managed more effectively.
A portfolio management approach contrasts with common practices. A specific focus on individual threats may result in unwelcome exposure. Without a structure to roll up threats and manage the risks as a portfolio, the tactical mindset can dominate management and undermine a strategic perspective.
Session 2: Cyber Threat Hunting: Leveling The Playing Field
Security professionals typically start threat hunting efforts with threats that are already within the organization’s IT environment. In the modern age of threats, security professionals must take an outside-in approach. One of the basic tenets of information security is reviewing your IT environment for signs of malicious activity and operational deficiencies. With cyber threat hunting, you can answer the question, “Am I under attack?”
Session 3: Anticipating Supply Chain and Strategic Sourcing Risk – Creating competitive advantage from complex environments
Globalization has made supply chain and sourcing strategies simultaneously much more important and much more complex where supplier locations become more remote yet lead times decrease. Increasing global competition for labor, raw materials and finished goods means sourcing leaders need to more effectively forecast into the 3-5-year horizon to anticipate, evaluate, and capture the potential of newly emerging sourcing markets. Simultaneously, supply chain leaders are working hard within shorter 0-2-year cycles to anticipate, quantify and mitigate near-term disruptions to their supply chains in order to meet customer demand, capture market share and drive profitability.
How can strategic sourcing and supply chain leaders model this complex environment? What are the key considerations when looking at supply chain risks across different analytic horizons? How can leaders create competitive advantage from an increasingly complex supply chain? IHS Markit will examine current and emerging risks affecting popular sourcing locations and present a framework for addressing a holistic set of sourcing and supply chain risks no matter where your operations.
Session 4: Five supply chain risks that could derail your business plan
Budgets, plans and profitability increasingly are being destroyed by commodity price volatility. As you plan for the remainder of this year and prepare your 2020 budgets, there are key risks that could derail your supply chain and deserve contingency planning. John Anton of IHS Markit forecasts prices through examination of supply and demand. That insight into fundamentals creates the backdrop – what can change the fundamentals rapidly and in a damaging fashion?