COVID-19/Coronavirus

Update: 09 April 2020

CIPS Breakfast Briefing - Managing Risk in Procurement and Supply goes digital.

In light of restrictions on events due to coronavirus, CIPS and Haymarket Media Group (who deliver events on behalf of the CIPS) are now planning to run CIPS Breakfast Briefing - Managing Risk in Procurement and Supply as an online event from 8:30am-12pm, Thursday 30 April 2020.

If you have already purchased a ticket, you have been automatically registered for online attendance and will receive more details of the virtual Breakfast Briefing, in the coming weeks.

If you are now unable to attend the event you are still able to cancel your registration. For any enquiries, please see our contact us section.

Find out more about CIPS Managing Risk Breakfast Briefing going digital.

CIPS Breakfast Briefing - Managing Risk
Digital agenda
30/04/2020
8:30 am - 8:35 am
Online

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
Online

Opening keynote: 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

9:00 am - 9:05 am
Online

Break

9:05 am - 9:30 am
Online

Presentation: Understanding the global impact of the COVID-19 pandemic in order to safeguard supply chains

The impact of the novel coronavirus outbreak on global supply chains has already been felt far and wide. How can we implement an effective emergency response that ensures security of supply in such a fast-moving crisis? This expert presentation will cover:

- The ongoing impact of the COVID-19 outbreak on global supply chains
- Implementing a data-driven approach to crisis management in order to keep supply chains open whilst mitigating imminent, evolving risk
- Learning from COVID-19 to safeguard your supply chain against future global crises

9:30 am - 9:35 am
Online

Break

9:35 am - 10:00 am
Online

Presentation: Effective Supplier Mapping to Mitigate Supply Chain Risks

To lower the risk of supply disruption, we need to fully understand supply chains and identify risks before they become critical. To truly manage supply risk, you need to visualise beyond tier one, and map down the whole supply chain. So how can we effectively map and segment supply chains to spot and mitigate risk? This session will feature practical insights into what is possible by studying use cases to show how:

- to effectively map the supply chains to identify potential risk beyond the first tier of suppliers

- this can support an effective risk-segmentation strategy by categorising the supplier base

- procurement teams can put in place an effective risk prevention and mitigation strategies

10:00 am - 10:05 am
Online

Break

10:05 am - 10:30 am
Online

Case Study: Creating Strategic Partnerships to Effectively Reduce Risk

Speaker
Simon Hood
Simon Hood, Senior Enablers Manager, Vodafone

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

10:30 am - 11:00 am
Online

Intermission

11:00 am - 11:25 am
Online

In conversation: Coping with COVID: How have organisations adapted to the current crisis?

Jim Carter
Jim Carter
Commercial Director, Supply Chain, Ministry of Defence
Alex Jennings
Alex Jennings
Chief Procurement Officer, DS Smith

The COVID-19 pandemic has forced organisations to take an agile response, adapting their supply chains and working with suppliers to ensure security of supply in these uncertain times. This panel of senior procurement practitioners, from both the public and private sector, will explore their response to the crisis, providing insight on:

- How the Government Commercial Function has responded to the crisis
- Leveraging supplier relationships to ensure supply lines remain open
- Lessons learned from the crisis and how to better plan for a similar event in the future

11:25 am - 11:30 am
Online

Break

11:30 am - 11:55 am
Online

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

Mike Ford
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

11:55 am - 12:00 am
Online

Chair’s closing remarks and end of briefing

This agenda is subject to change without notice