The ISM Supply Chain Risk Management Group Invites
You to Attend a Free Web Seminar
Title: Supply Chain Risk Management with SCOR®
Date: Thursday, November 21, 2013
Time: 1:00 PM Eastern Standard Time (12:00 PM Central Standard, 11:00 AM Mountain Standard, 10:00 AM Pacific Standard Time)
Duration: One (1) Hour; Continuing Education credit will be given to those who register and attend
Presenter: Melinda Spring, MBA, Director of Global Member Programs for the Supply Chain Council
To register: Please click on this link
Webinar ID Number: 149-244-675.
As supply chains extend into new markets globally, risks increase. Risk management that is effective must include the supply chain perspective. It has proven to be difficult for a standard for supply chain risk management to be created and accepted. In addition to the fact that supply chains are complex, each company or line-of-business uses its own language to describe processes, practices and job specifications ? and all need their own specialized metrics.
SCOR® (Supply Chain Operations Reference) is a framework that provides standard names and definitions for processes, metrics, practices and skills. This tool has been developed by the Supply Chain Council, a global nonprofit organization founded in 1996. It provides framework, improvement methodology, training, certification and benchmarking tools to help member organizations make dramatic, rapid, and sustainable improvements in supply chain performance.
In addition to describing the fundamentals of SCOR, this web seminar will discuss the expansion of the SCOR framework to M4SC, or “Management for Supply Chain”. M4SC enables the SCOR approach to be expanded into the layers of extended chains that address networking, resource management, and strategic development.
To register for an event, please use the link provided in the description of an event. A day or two before the event, you will be sent an e-mail with instructions for accessing the web seminar. Please note that you will not receive an automatic confirmation e-mail after you register.
If you have any questions, please contact Lynn Marstiller, ISM Affiliate Support, at email@example.com.
2013-2014 ISM Risk Group Webinar Schedule
Date: Tuesday, December 17, 2013
Time: 1:00 PM Eastern Standard/10:00 AM Pacific Standard
Title: A Critical View at Risk Management 2014
Presenter: Lora Cecere of Supply Chain Insights
Description: What does “risk management” mean by industry sub-segment, and how are programs maturing and changing? Join Lora Cecere, founder of Supply Chain Insights, to gain a new awareness of how supply chain risk management is evolving.
Registration URL: https://attendee.gotowebinar.com/register/212187406441388034
Webinar ID: 156-338-867
Date: Thursday, January 16, 2014
Time: 1:00 PM Eastern Standard/10:00 AM Pacific Standard
Title: What’s Coming Down the Pike: Next Generation Supply Risk Management Technology
Presenter: Jason Busch, SpendMatters
Description: Supply risk management technology is headed in many new directions: Social, mobile, predictive, “big data” and multi-tier. Tools that are focused on these characteristics will become the norm in the next decade for predicting and managing risk – and tying broader supply chain initiatives into procurement and supplier development activities. During this web seminar, we will highlight a number of next generation technologies which are blazing new trails in supply risk management.
Registration URL: https://attendee.gotowebinar.com/register/68389977226033409
Webinar ID: 136-600-899
Future webinars and topics on the ISM Risk Management Group Agenda:
Risk Management in the Global Contracting Environment
Speaker: Ernest Gabbard
Date: February 2014
Category Risk: Ingredients
Speaker: Han/Jian, Ingredion
Date: March 2014
Managing Supply Data to Reduce Revenue Impact
Speaker: Mickey North Rizza, BravoSolution
Date: April 2014
The Crystal Ball of Forecasting Risk
Date: May 2014
Category Risk: Packaging
Date: June 2014
Mitigating Risk for Union Strikes
Date: July 2014
Date: August 2014
Best Practices Planning for the Unthinkable
Date: September 2014
Does Your Business Have Supply Chain Insurance?
Date: October 2014
Managing Sub Tier Supplier Performance
Date: November 2014
Big Data! What is the Risk?
Date: December 2014
Past WebinarsThe Top 10 Logistics Risks Date: September 10, 2013Speaker: Tom Tanel Good Practices for Managing Value Chain RiskDate: March 21, 2013Presenter: Phillip L. Carter, D.B.A., Executive Director, CAPS Research, Harold E. Fearon Chair of Purchasing Management at Arizona State University Key Insurance Provisions to Mitigate Contract Risk Date: August 8, 2013Speakers: Rachel Wrightson & Joseph Jean
June 25, 2013: What can Supply Chain Risk Management Learn from Credit Risk?
Speaker: Michael Denton, Partner, Global Risk & Trading Practice, Oliver Wyman
On April 11, the webinar “5 Ways to Mitigate Commodity Volatility”, was presented by Lisa Reisman, co-founder and executive editor of the highly-acclaimed metals website, MetalMiner™ (www.metalminer.com). As commodity prices continue to swing, knowing how and when to tackle volatility is key to successful sourcing strategies. In this web seminar, Lisa Reisman will share strategies and intelligence that will provide solutions and ideas as to how to mitigate commodity volatility.Contracting for Supplier Risk Mitigation
Date: Thursday, January 17, 2013 1:00 P.M. EST
Presenter: Ernest G Gabbard, JD, CPSM, C.P.M., CPCM, Contracting Attorney/Consultant
Today’s economic and political environments have created some serious risks for Supply Management Professionals and their employers. Progressive supply management/procurement professionals recognize the need to manage transactional risks in this increasingly complex business environment. All transactions between a Purchaser and a Seller contain some risks to one or both parties. This is especially true in these challenging economic times. A well written and well managed contract will provide the critical elements necessary to appropriately identify and allocate the risks associated with each transaction. Do you know how to clearly allocate the risks of a purchase/sale in a comprehensive contract?
This webinar will provide valuable insight and tools for identifying and allocating substantive risks in a well written contract. We will review the essential requirements of supplier risk mitigation, and discuss the practical aspects of drafting a quality contract for both the purchasing and sales side of the transaction.
With this practical approach to contract writing, procurement and contracting professionals can immediately provide value to their organization.
New Supply Chain Risk Exposure Index™ on Supply Chain Digest Broadcast, Providing Industry a New and Unique Tool to Quantify Risk
When: June 26th 1:00 PM EST
Speaker: Dr. David Simchi-Levi
MIT’s Dr. David Simchi-Levi Unveils the New Supply Chain Risk Exposure Index™ on Supply Chain Digest Broadcast, Providing Industry a New and Unique Tool to Quantify Risk
Avoiding the Black Swan: Managing Global Supply Chain Risk
When: August 23, 1:00 PM EST
Speaker: Robert Handfield, PhD, Bank of America University Distinguished Professor of Supply Chain Management, Co-Director, Supply Chain Resource Cooperative , Poole College of Management, NC State University
What Can We Learn from Hurricane Sandy?
When: Tuesday, December 18, 2012
Speaker Lora Cecere, MBA, CIRM, CPIM; Founder of Supply Chain Insights
Things happen; “Frankenstorms”, though thankfully rare, deliver a one-two punch when they do occur. Real world supply chains must continue because consumers and businesses depend upon their products.
The session focused on the lessons that we can learn from the recent experience of Hurricane Sandy and converging storms in the northeastern United States. Supply chain practices continuously evolve and, as a result of attending this webinar, you will learn the strategies and practices utilized by leading supply chains during the recent “perfect storm”.
1. What strategies and practices were utilized?
2. What worked and what didn’t?
3. Who experienced the most resiliency and why?
4. If the perfect storm occurred again, what lessons learned would be utilized next time?
If you missed a webinar or podcast, visit these sites:
ISM Education & Training: ISM Web Seminars
Deloitte Consulting released a report on risk earlier this month where they surveyed over 600 companies, both manufacturing and retail around supply chain risks. The attached report publicizes the findings and as you read through this, the elements which are generally apparent are:
· Supply chain risk is considered to be a strategic issue
· The most common outcome of supply chain erosion is margin erosion
· A majority of the respondents feel that supply chain risk management is ineffective
· Companies across the board face a wide variety of challenges and lack real technologies to deal with those challenges.