COVID-19/Coronavirus

CIPS Breakfast Briefing - Managing Risk in Procurement and Supply on 30 April 2020 at etc.venues, Fenchurch Street, London, has been postponed - new event format or dates to be announced.

CIPS and Haymarket Media Group (who deliver events on behalf of the CIPS) have been closely monitoring the situation with regard to Coronavirus on a daily basis and the welfare of our delegates is always front of mind.

In this instance, we have made the difficult decision to postpone the event to the nearest suitable opportunity in the future or to present this as an online, virtual event.

We have not made this decision lightly but we want to ensure we can provide the best experience possible for attendees. If you have booked on the event your booking will be automatically confirmed for the revised date, or event format, which will be announced as soon as possible. Please accept our apologies for any inconvenience caused and we thank you for your continued support.

If you have any questions, please see our contact us section.

CIPS Breakfast Briefing - Managing Risk
Agenda
30/04/2020
8:00 am - 8:30 am
etc.venues, Fenchurch Street, London

Registration and refreshments

8:30 am - 8:35 am
etc.venues, Fenchurch Street, London

Welcome from the Chairperson

John Glenn
Dr John Glen
CIPS Economist

Why is risk management so important for procurement and supply management? And what are the professional and organisational risks if we don’t get it right?

8:35 am - 9:00 am
etc.venues, Fenchurch Street, London

Keynote: Navigating the Context - Driving a Holistic Approach to Risk Assessment and Mitigation

Louise Waite
Louise Waite
Supply Chain Management Director, Lloyds Banking Group

Effective risk management needs to become our highest priority if we are to make a positive and long-lasting impact on our businesses. How can we adopt a holistic end-to-end approach to risk? This expert opening keynote will provide you with practical insights on:

- effective identification and management of risk throughout the sourcing lifecycle
- striking the right balance between standardised procedure and context-relevant judgement
- continually building new insights into the existing approach, including for fourth parties

9:00 am - 9:25 am
etc.venues, Fenchurch Street, London

Effective Supplier Mapping to Ensure Security of Supply

To lower the risk of supply disruption, we need to fully understand supply chains and ensure that risk is considered beyond tier one. How can we effectively map and segment supply chains to predict and mitigate risk? This session will feature practical insights from a team who has successful developed processes to:

- effectively map the supply chains to identify potential risk beyond the first tier of suppliers
- devise an effective risk-segmentation strategy by categorising the supplier base
- create effective risk prevention and mitigation strategies

9:25 am - 9:50 am
etc.venues, Fenchurch Street, London

Creating Strategic Partnerships to Effectively Reduce Risk

When it comes to reducing reputational and supply risk, working closely with our suppliers is essential to identify and resolve issues in a constructive and collaborative manner. How can we change the way we work with our suppliers and develop effective relationships for mutual gain? This session will feature a practical experience of:

- creating mutually beneficial relationships with suppliers and effective ways of working to reduce risk
- from reaction to proaction - educating down your supply chain to encourage innovation and ethical behaviours to mitigate risk

9:50 am - 10:20 am
etc.venues, Fenchurch Street, London

Coffee Break and Networking

10:20 am - 10:40 am
etc.venues, Fenchurch Street, London

Presentation: Leveraging Automation and Real-Time Risk Monitoring Tools

Nick Jenkinson
Nick Jenkinson
Senior Director - Procurement & CRE, Astellas Pharma

Automation and real-time monitoring are the most effective ways to ensure we can identify risk immediately and deliver a faster response. What are the latest developments in technology that can help us manage risk, and how can we successfully introduce these within our organisations to ensure adoption and buy-in? This expert presentation will provide you with:

- an overview of the latest technologies to automate the risk-management process and ensure real-time monitoring
- strategies to streamline processes and workflow through automation and support the assessment of third parties
- tips on how to effectively introduce new technology in your organisation to ensure successful adoption and integration with existing systems

10:40 am - 11:10 am
etc.venues, Fenchurch Street, London

Panel Discussion: Leveraging Competitive Advantage through Effectively Managing Sustainability Risks

Aysegul Sabanci
Aysegul Sabanci
Head of Procurement, ISG Plc
Jim Carter
Jim Carter
Commercial Director, Supply Chain, Ministry of Defence
Alex Jennings
Alex Jennings
Chief Procurement Officer, DS Smith

Ethical concerns increasingly drive consumer choices and investment decisions. An unethical supplier can have a catastrophic effect on our organisation’s brand and reputation. We need to focus on building diverse and sustainable supply chains while ensuring that our suppliers maintain ethical practices at all times - whether environmental sustainability or fighting modern slavery. But how can we effectively monitor third parties' practices and ethical standards? This panel of senior procurement practitioners will explore:

- leveraging our supply chain as a business asset by encouraging suppliers to adopt ethical practices and fight modern slavery
- minimising our environmental impact through better supplier choices
- driving social value and corporate social responsibility through ethical procurement decisions
- managing risks to supply chains posed by disease epidemics

11:10 am - 11:30 am
etc.venues, Fenchurch Street, London

Presentation: Evaluating and Engaging Small and Micro-Suppliers to Reduce Third Party Risk

Speaker
Mike Ford
Global Expert in EHS and Sustainability, Avetta

In order to reduce risk throughout your entire supply chain, it is important to look not only at major suppliers but also at smaller ones. We will examine the traditional approach to evaluating smaller suppliers and discuss a different methodology to assess their capacity, providing an alternative approach to supplier assessment which will ensure smaller suppliers are capable of fulfilling their remit without exposing supply chains to unnecessary risk. This expert presentation will draw on the latest academic research to explore:

- changing the traditional approach to pre-qualification and evaluation with a view to limiting exposure to risk with small suppliers
- moving towards a values-based relationship with suppliers to help ensure responsible sourcing
- compliance versus capability, capacity and reliability: how to measure a supplier’s ability to deliver their work scope

11:30 am - 11:40 am
etc.venues, Fenchurch Street, London

Chair's closing remarks and end of briefing

This agenda is subject to change without notice