Download Supply Chain Risk Quantification and Measurement

Supply Chain Risk Assessment and
Monitoring
August 25 – 26, 2009
Team Members
Track Leaders
• John Brown, The Coca-Cola Company
• Fred Hartung, Jabil Circuit
Track Members
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Ravi Anupindi, U of M
Tim Astley, Zurich
Elizabeth Carroll, John Deere
Yang Chu (Chris), MBS
Linda Conrad, Zurich
Elvira Loredo, RAND
David Middleton, Rolls Royce
Nancy Moore, RAND
Dave Morrow, IBM
Robert Munyon, Genetech
Emma Palfreyman, Rolls Royce
Christopher Patterson, GE
Brian Squire, MBS
Jackie Thatcher, Merck
Nick Wildgoose, Zurich
Taylor Wilkerson, LMI
Mahmood Zarei, Sony
Current Activities
Actions to Date
• Bi-weekly conference call/webex meetings held each Tuesday
• Share Point site created where we are collaborating and maintaining data
• Still in brainstorming/discussion phase
• Creation of metrics, including a resiliency metric, were agreed to be inscope for this work track
Challenges
• Team member availability and active contribution
• Agreement/focus on how we start turning brainstorming into action items
• Creating a project plan to get at the deliverables
Charter Statement
Opportunity
Globalization results in highly interconnected and
interdependent supply chains and increases organizations’
exposure to a broad range of risks. Developing common
processes and approaches enhances the ability of supply
chain organizations to treat these risks.
Charter
The development of a common approach to risk assessment
and monitoring to
– Improve the efficiency and effectiveness of risk
treatment and
– Facilitate the meaningful collaboration across supply
chain partners
End-to-End Supply Chain Scope
Suppliers
Internal
Customers
Deliverables Due 9/4/09
• Catalog of key risks
– Jackie/Nancy
• Supply chain risk assessment process
– John/Fred/Ravi
• Adopt, develop, and, as necessary, create a common
supply chain risk assessment lexicon – Guide 73
– Elizabeth/Linda
• Guidelines/process for monitoring of risk treatment
effectiveness
– Taylor/Rob