SCRM Consortium Executive Brief 021114
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Executive Brief Page 1 The Supply Chain Risk Management Consortium was born out of an MBA classroom setting at Lehigh University while exploring the impact of supply chain disruptions on global supply chains. Founded by Greg Schlegel CPIM, CSP, Jonah, the Consortium has grown to include 13 companies who bring unique core competencies in supply chain risk. These competencies range from SCRM education and body-of-knowledge, to insurance risk quantification and investigations, Business Continuity Planning, Enterprise Risk Management and more: What is SCRM? Our working definition inside the classroom and in our upcoming book describes it this way. Supply Chain Risk Management is the implementation of strategies to manage everyday and exceptional risks within the supply chain through continuous risk identification, assessment, mitigation and management with the objective of reducing vulnerability and ensuring sustainability. We think of it as the intersection of supply chain management and financial risk management. Our view of SCRM is driven by a new 21 st Century Supply Chain Risk Maturity Model: The Genesis of the Consortium Our View of SCRM
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Transcript of SCRM Consortium Executive Brief 021114
Executive Brief
Page 1
The Supply Chain Risk Management Consortium was born out of an MBA classroom setting at Lehigh University while exploring the impact of supply chain disruptions on global supply chains. Founded by Greg Schlegel CPIM, CSP, Jonah, the Consortium has grown to include 13 companies who bring unique core competencies in supply chain risk. These competencies range from SCRM education and body-of-knowledge, to insurance risk quantification and investigations, Business Continuity Planning, Enterprise Risk Management and more:
What is SCRM? Our working definition inside the classroom and in our upcoming book describes it this way. Supply Chain Risk Management is the implementation of strategies to manage everyday and exceptional risks within the supply chain through continuous risk identification, assessment, mitigation and management with the objective of reducing vulnerability and ensuring sustainability. We think of it as the intersection of supply chain management and financial risk management. Our view of SCRM is driven by a new 21st Century Supply Chain Risk Maturity Model:
The Genesis of the Consortium Our View of SCRM
Executive Brief
Page 2
The Maturity Model contains four stages, basically formulating a Roadmap for SCRM success. The stages, Visibility, Predictability, Resiliency and Sustainability have many elements supporting the journey, including tools, techniques, methodologies, tactics, frameworks and more. With the model as a foundation, the SCRM Consortium provides risk education, solutions and services in an effort to identify, assessment, mitigate and manage risk within complex supply chains.
Some recent deliverables have been…
Over 30 public SCRM workshops worldwide, during a 3 year period Over 15 articles and whitepapers also during the last 3 years Co-creator of the new APICS CERTIFICATE in SCRM Risk Quantification and Risk Assessment for major Pharmaceutical Risk Assessment and Risk Training for mid-western state NGO on the
Consortium’s new SCRM Assessment Tool Cloud-based Risk Assessment Tool licensing agreement Upcoming first-of-a-kind, end-to-end book on SCRM
Our basic capabilities support the Maturity Model and emanate from the unique core competencies of our members. Major capabilities are… Supply Chain Risk Awareness with Cloud-based Tools
o Awareness workshops and In-House Education Supply Chain Risk Tools, Techniques, Tactics and Metrics
o Supply Chain Mapping/Visibility/Vulnerability Indexing o Vulnerability Dashboards o SC “Stress Testing” with Probabilistic Modeling and Simulation
ERM Framework and Resiliency Indexes o Governance, Compliance and Risk Protocols
Catastrophic & Insurance Risk Assessment & Recovery o “Risk Appetite” Assessment & Quantification Engagements o Business Continuity Programs
Long-term SCRM Journey Management o Strategy, Playbooks, Risk Response Plans o Risk Organization Alignment
Additional tools and techniques are highlighted in the SCRM Consortium Capabilities document. To continue the dialogue online, join our LinkedIn Discussion Group:
http://www.linkedin.com/groups?gid=4874779&trk=my_groups-b-grp-v
Recent Deliverables
Our Capabilities
