Understand the Risk Big Picture – Webinar on December 13th

Our final webinar of 2018, and my final webinar as MD of Spend Matters UK/Europe, is on December 13th at 2pm (UK time).  It’s titled “Understand the Risk Big Picture”.

You never know, I may be back in a different capacity for future webinars, but on the other hand, I might not! Anyway, this one is with riskmethods, who have been just great to work with over the past 2 or 3 years – just very capable but also nice people.  It’s also been good to see how strongly the firm has grown in that time.

riskmethods provides a cloud-based supply chain risk management platform / solution, and perhaps appropriately for an end-of-year feel, Heiko Schwarz (one of the founders) and I will be taking a bit of an overview of risk. We’ll refer to the five short briefing papers we published last year on different types of risk – and throw in the sixth, which will be out soon, and looks at cyber-risk; a very hot topic!  The previous five covered issues such as reputational risk, natural disasters and supplier financial risks.

Our feeling is that while risk has undoubtedly gone up the procurement agenda in the eight years I’ve been here, many organisations still take a pretty narrow view, focusing chiefly on supplier financial risk (”we’ll run a D&B check on them before we sign the contract …”). Nothing wrong with that of course, and we’d always recommend taking such action, but the fact is supply chain risk is a very broad topic. It even extends beyond individual suppliers into geographic issues, wider supply chain and network risks, and multi-tier risk.

So, we’ll look at all of those to give that wider picture, and I suspect Heiko and I will also touch on where the biggest risks might lie for 2019. Some may be obvious – you might just have heard of “Brexit” - but others may be less so.  It’s not just a case of prediction though; you need contingency plans and then (the element people often ignore) a really effective way of knowing immediately when risks are crystallised and turn into events to be managed.

Please register here for the webinar – and even if you can’t make that time, registering will mean you get immediate access after the event to listen at your leisure. As usual, we will talk for no more than 30 minutes and then make sure we have a good 15 minutes for questions and discussion. So, if you have any burning questions around supply chain risk – or insightful comments – we’d love you to join us on the 13th.

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