The Global Economic Crisis, 2011 Tōhoku earthquake and tsunami, Brexit and COVID-19 are examples of significant shocks that have tested the resilience of supply chains. These risks to the supply chain, were only a disruption for the organisations that could not mitigate against the risk. Mitigation strategies require contingency. Contingency comes at a cost, whether it be spare capacity, dual-sourcing or inventory. Unfortunately the siloed, procurement led cost-reduction strategies of the last 20 years have removed many of these buffers, leaving our supply chains exposed, and with limited resilience.
Whilst much is written about the need to improve supply chain resilience, there is little practical guidance. This webinar will address that gap. Reflecting on the results of a survey of 200+ UK manufacturing firms, the current state and future potential will be discussed. This will be followed by 3 practical things that you organisation can do, drawing on experience from Crimson and Co, Tata Consumer Products and Pinsent Masons.
11:00 am WelcomeDave Rawlins
11.05 am Current state and future potential
11:25 am 3 practical things you can do
– Risk Management mindset
– Buffer Management
– Contract Management
12:10 Panel discussion
12:25 Closing comments