Embrace Risk Management To Build A Resilient Supply Network

Where does supply chain risk rank among your firm’s business priorities? Too often, firms think of supply chain risk strategy as a separate abstraction layer, independent from business strategy. But this fallacy needs to stop. If 2020 taught us anything, it’s that supply chain risk is business risk. When the processes and partners that power supply chains are interrupted or unable to deliver to customers, the impact is felt throughout the business. This webinar explores how CIOs and risk and supply chain leaders can pursue effective supply chain risk management strategies, avoid undue disruption, and bolster resilience.

Key takeaways:

• Balance efficiency and agility to improve resilience. Savvy organizations that incorporate risk management principles to balance just-in-time efficiency with just-in-case resilience can better anticipate risk, recover from unplanned disruption, and pivot the supply chain to seize new opportunities and market differentiation.
• Understand the impact, not just probability, of adverse events. Supply chain risk is a systemic risk. Learn to identify which risks have the potential to be the most damaging in terms of cost, resources, and reputation.
• Make the most of what is already in your applications portfolio. Most companies have collective amnesia about features embedded in their existing applications that help improve supply chain resilience. Learn how to capitalize on resilience features that are most common in widely deployed enterprise applications.

Target audience level: intermediate