1 / 13

Supplier Reliability Track

Supplier Reliability Track. January 29-30, 2008 Review with the Supply Chain Risk Leadership Council. Recent Survey Conducted by AMR. http://www.scdigest.com/assets/newsviews/07-12-13-2.php?cid=1385. Agenda. Business interruption insurance (Tim Astley) Quick review

terry
Download Presentation

Supplier Reliability Track

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Supplier Reliability Track January 29-30, 2008 Review with the Supply Chain Risk Leadership Council

  2. Recent Survey Conducted by AMR http://www.scdigest.com/assets/newsviews/07-12-13-2.php?cid=1385

  3. Agenda • Business interruption insurance (Tim Astley) • Quick review • Discussion….company insights • Where do we go from here

  4. Contributors

  5. Track Deliverables • Risk matrix as framework • Identify best-in-class work for key work process gaps • Develop the next level key element assessment for the identified capabilities (with scoring capability)

  6. Track Scope • Supplier-related risk…inbound materials and services to our company

  7. Risk Matrix- Analysis Structure • As framework, team developed a risk matrix… 5 = demonstrated good results, experienced 4 = system is ready/tested, people are trained 3 = plan in place 2 = initial consideration given 1 = not in place0 Enter Risk Importance in the aqua-shaded cells (scale = 3, 2, 1) i.e. which risk are you most concerned about? Enter a 0 (low linkage), 1 (medium linkage) or 2 (high linkage) for each of the empty white cells..

  8. Risk Matrix

  9. Survey Summary • 12 out of 17 capabilities have high capability score from at least one company • Top 3risks • Supply chain complexity, supplier capability, recovery capability • 7 key capabilities have strong linkage to top 3 risk • Supplier business contingency plan, Internal material contingency plan, Sustainability/regulatory, Strategic material planning/RCCP/material at risk , Supply network capability, Supplier Business Interruption Risk Insurance, Risk analysis • No one has high capability score on one item • “Supplier Business Interruption Risk Insurance”

  10. Guidance on Use of Risk Matrix • SCRLC-level -create common framework to facilitate alignment -identify benchmarks/best-in-class -prioritize capability development • Company level -use risk matrix as an assessment tool -identify areas for improvement from the risk matrix

  11. Proposed Next Steps • Individual companies do a supplier risk assessment • Assess “energy” to work on quantification model • Anything else?

  12. Early Thinking on Risk Quantification

  13. Early Thinking on Risk Quantification

More Related