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Event Registration - *WEBINAR* Key Principles to Help Avoid Financial Crisis

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Tuesday, May 19, 2020
12:00 PM - 12:30 PM Mountain Daylight Time
Join the Utah-Idaho Roundtable for the Key Principles to Help Avoid Financial Crisis in Future Supply Chain Disruptions Webinar. Both the COVID-19 and financial crises occurred due to lack of adherence to four key supply chain principles, which I label as “TIRP”: transparency, incentive compatibility, robustness, and “pinch point.” Had the TIRP principles been in place in the financial industry in 2008 we would not have needed TARP, the US’s troubled asset relief program. And had we followed these principles on a grand scale in 2019, we would have saved countless lives and averted trillions of dollars in bailouts worldwide. While your firm’s supply chain does not have the same global impact as either the financial or healthcare networks, you should nonetheless adhere to these same TIRP principles – these principles not only prevent disasters but also optimize your supply chain performance under normal conditions. We will briefly illustrate how the TIRP principles apply to the pandemic and to the financial crisis, and give examples of how firms might best apply these principles within their own supply chains.
Webinar
Webinar Webinar
UNITED STATES

CSCMP Utah Idaho Roundtable Presents:
Key Principles to Help Avoid Financial Crisis in Future Supply Chain Disruptions Webinar
Tuesday, May 19, 2020


ABOUT THE EVENT:

Join the Utah-Idaho Roundtable for the Key Principles to Help Avoid Financial Crisis in Future Supply Chain Disruptions Webinar. Both the COVID-19 and financial crises occurred due to lack of adherence to four key supply chain principles, which I label as “TIRP”: transparency, incentive compatibility, robustness, and “pinch point.”

Had the TIRP principles been in place in the financial industry in 2008 we would not have needed TARP, the US’s troubled asset relief program. And had we followed these principles on a grand scale in 2019, we would have saved countless lives and averted trillions of dollars in bailouts worldwide.

While your firm’s supply chain does not have the same global impact as either the financial or healthcare networks, you should nonetheless adhere to these same TIRP principles – these principles not only prevent disasters but also optimize your supply chain performance under normal conditions. We will briefly illustrate how the TIRP principles apply to the pandemic and to the financial crisis and give examples of how firms might best apply these principles within their own supply chains.

ABOUT THE SPEAKER:

Glen Schmidt, Department Chair, David Eccles Professor of Business

Glen Schmidt’s background includes 15 years of industry practice, along with over 20 years of University research and teaching. Experience, research and/or case studies have involved Operations and Supply Chain topics in high-tech, heavy-duty manufacturing, and more recently, healthcare.

Both his research and teaching have been recognized for excellence by Professional Societies and at Schools where he has taught. Degrees include a PhD from Stanford and an MS in Engineering from Kansas State.

https://eccles.utah.edu/team/glen-schmidt-2/


AGENDA


DATE:
Tuesday, May 19, 2020

TIME:
12:00 PM – 12:30 PM MOUNTAIN

COST:
Member: $0.00
Non-Member: $5.00

ADDITIONAL DETAILS:
For more information about this event, please reach out to Nate Robbins

EVENT CONTACT:
Nate Robbins

CONTACT PHONE:
801-232-8061

EMAIL:
Nate.Robbins@octanner.com

CANCELLATION POLICY:
The CSCMP Utah Idaho Roundtable reserves the right to modify speakers, topics, or venues at our full discretion




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