Discover preparation of processes, people and technology to develop “Just in Case” supply chain risk mitigation strategies
The current COVID-19 pandemic serves as a reminder that there is no substitute for proper preparedness for major disruptions in the supply chain. The COVID-19 pandemic may seem like a “once in a hundred years” event, however it is the third such major event in the 21st century – remember 9/11 and the Financial Crisis of 2008? Add in lesser disruptors like H1N1/SARS/MERS, natural disasters such as hurricanes and earthquakes, geopolitical tensions around trade disputes and tariffs, potential legislation like the Green New Deal, and many more, highlight major challenges to maintaining an agile supply chain. Supply chain leading practices focus on lean inventory, consolidating spend with strategic business partners, and JIT deliveries – all of which present risks of disruptive factors. This webinar series focuses on preparation of processes, people and technology to develop “Just in Case” supply chain risk mitigation strategies.
Process and People in your supply chain management
Supply chain risk planning starts with process modeling – the macro processes that support your end-to-end business model and breaking them down into a WBS hierarchy that describes the transactional processes vulnerable to disruption. These macro processes vary by industry, however, there are key areas to consider and to be covered during the session like:
- Supply planning and strategic sourcing
- Forecasting and demand planning
- Inventory and distribution center strategy
- Category management
- Production planning
- Transportation requirements planning
- Assortment planning
- Pricing and promotions
- Financial and budget planning
- Human capital supply chain planning.
Within each of these major process areas, there may be subcategories impacted in different ways depending on the type of disruptive event. In addition, there are complex relationships between process areas – a disruption may drive an increase in demand for certain categories while availability of supply to produce these items may face critical shortages.
Understanding your core processes is critical to adapting your workforce – the human capital supply chain – during disruptive times. It’s not simply a matter of adding, redeploying or furloughing your employees; studies show ~40% of the workforce is comprised of contingent workers or third-party services providers. While our focus is the supply chain, it is important to consider supporting functions (e.g. maintenance, HR, accounting) should be considered when developing corporate-wide response plans.
This webinar examines contingency strategies for communicating with your employees, scaling solutions to manage change, partnering with external service providers and right sizing essential employees.
Supply Chain Technologies
Technology solutions play a critical role in identifying and responding to disruptions in your supply chain. Whether your solutions are on-premise or in the cloud, a complete supply chain risk mitigation plan incorporates potential adaptations to support people and processes.
This webinar series reviews SAP solutions to address mission critical issues such as:
- Early warnings, alerts and predictive analytics
- Data dependencies for structured and unstructured data
- Determining alternative sources of supply and distribution channels
- Managing the workforce
- Integrating and reconciling supply, demand and operational plans
- Creating a secure environment enabling remote/WFH capability.