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Supply chain panel
- 1. Supply Chain Disruption & Resiliency David Landsman – Director, Strategic Alliances MFG.com Bill Michels – C.P.S.M. & CEO ADR North America
- 2. Your Hosts • 6x Supply & Demand Chain Executive Pro to Know • Co-Author: Transforming Your Supply Chain • Senior management positions with; SCM Corporation, Smith Corona Typewriters, Durkee Famous Foods, Boise Cascade, and Campbell Soup Company • @sourcingguy on Twitter & author of the Sourcing Guy blog. 2
- 3. Your Hosts • 10 yrs experience domestic & LCC sourcing • Led the Tier 1 Automotive Sourcing Practice at First Index • Built the Sourcing, Engineering & Global QA groups at MFG.com • @mfgsourcing on Twitter & author of the Sourcing on the Edge blog 3
- 4. MFG.com – The Facts • MFG.com is the only place manufacturers can source real-time in a “true” marketplace setting • “One of the 15 • • Founded in 2000 Global Company headquartered companies that in Atlanta, with operations in Shanghai and Paris will change the • Marketplace available in 7 languages, over 50 currencies world” • -CNNMoney.com • Serves over 300 manufacturing categories • Over 200,000 members in 50 countries • Suppliers pay an annual subscription to participate in the quoting and collaborative process with buyers 4
- 5. Today’s Program • Japan crisis – Global Impact • Managing Supply Chain Risks • Moving Production Closer to Consumption • Where Does Resiliency Begin? • KPIs & Assessment • Takeaways • Questions & Discussion 5
- 6. Japan The earthquake, tsunami, and fallout have substantially impacted the global supply chain and will for years to come. 6
- 7. Managing Supply Chain Risks Do you know where your risks are? The more transparent the supply chain, the better chance to avoid or mitigate risks before they happen. 7
- 8. Types of Risk • Product tampering • Bankruptcy • Exchange rates • Business interruption • Patent infringement • Product liability • Legal • Prolonged equipment • Political breakdowns • Fire/explosion • Natural catastrophes • Counterfeit products • Environmental • Product recall impairment • Credit/financial • Regulatory issues • Security 8
- 9. Moving Production Closer to Consumption Understanding the shifting economics, sustainability concerns and the desire to shrink the overall supply chain is driving manufacturing back on shore. 9
- 10. Where does resiliency begin? Assembling a cross functional team is critical to risk mitigation. What are the potential risks? What is the fall out? How does recovery happen? 10
- 11. KPIs & Assessment Realism is a critical component when assessing organizations. Is what you think will happen a realistic outcome? Have you accounted for the human element? 11
- 12. Takeaways! • Ensure Your Supply Chain is Geographically Diverse • Take a Risk Management Approach to Supply Chain Management • Develop a Plan to Manage Supply Chain Risk & Potential Disruption • Move Production Closer to Consumption (Re-shoring) • Form a Cross-Functional Risk Management Team • Be Realistic with Drills 12
- 13. Questions & Discussion 13