Logistics and Supply Chain Risk Management

Size: px
Start display at page:

Download "Logistics and Supply Chain Risk Management"

Transcription

1 Thought Leadership Supply Chain Management Seminar Series Logistics and Supply Chain Risk Management UNESCAP Asia Pacific Regional Forum Bangkok, June 2012 Mark Millar 1 M Power Associates

2 Roadmap: Logistics and Supply Chain Risk Management 1 Supply Chain Dynamics 2 Supply Chain Risk 3 Risk Mitigation Strategies 4 M Power Associates

3 Dynamics the forces and motions that characterize a system 5 M Power Associates

4 Back to Basics Holistic SC Objectives - synchronize efficient & effective flows of four components Goods 4 Services Funds Information 6 M Power Associates

5 Supply Chain 101 Optimize three key performance metrics M Power Associates

6 Global Supply Chains - Evolution - multi-layered inter-dependencies Chain Network Web Ecosystem 8 M Power Associates

7 Supply Chain Ecosystems - DYNAMIC - characterized by continuous change, activity or progress - marked by intensity and vigor; forceful 9 M Power Associates

8 Supply Chain Ecosystems - VOLATILE - tending to vary often or widely 10 M Power Associates

9 Complex - consisting of interconnected or interwoven parts Supply Chain Ecosystems - COMPLEX 11 M Power Associates

10 Logistics: is that part of the supply chain process that plans, implements, and controls the efficient, effective flow and storage of goods, services, and related information - from the point of origin to the point of consumption, in order to meet customers requirements Source: Council of Logistics Management CLM / CSCMP The Business of Logistics is the Logistics of Business! 12 M Power Associates

11 Logistics Logistics is the Glue that interconnects the Supply Chain Ecosystem The Business of Logistics is the Logistics of Business! 13 M Power Associates

12 Logistics Enables and Empowers Global Trade Flows ~51% of world sea container flows are Asia-related Total global container cargo volume 2010: ~152 M TEUs Source: Drewry Maritime Advisor 14 M Power Associates

13 Top 10 Air and Sea Freight Trade Pairs in 2030 Bilateral Trade Pairs in USD Billions Source: PWC APEC CEO Summit Report M Power Associates

14 Roadmap: Logistics and Supply Chain Risk Management 1 Supply Chain Dynamics 2 Supply Chain Risk 3 Risk Mitigation Strategies 16 M Power Associates

15 Cranfield Professor - Martin Christopher It has become apparent that many organizations have not fully recognized the nature of systemic supply chain risk and have continued to focus on seeking efficiency improvements through lean solutions Source: Professor Martin Christopher and Helen Peck, Cranfield, 2005! 17 M Power Associates

16 Supply Chain Ecosystems Volatile and Complex = Vulnerable 18 M Power Associates

17 Supply Chain Ecosystems Vulnerable - susceptible to attack At Risk 19 M Power Associates

18 Risk - a factor, thing, element, or course involving uncertain danger; a hazard 20 M Power Associates

19 Supply Chain Risk Definition 1. any factor or event that can materially disrupt a supply chain - whether within a single company or spread across multiple companies Supply Chain Risk Leadership Council (SCRLC) 2. If you re counting on it, it s a risk! Sourcing Innovation Blog 21 M Power Associates

20 Supply Chain Risks internal and external Within your Supply Chain Ecosystem - Internal Contractual Counterfeiting Financial Theft Suppliers Customers Employees Beyond your Supply Chain Ecosystem - External Disputes Weather Currency Oil Political Unrest Accidents 22 M Power Associates

21 Global Supply Chains = Global Risks of loss Source: AON 23 M Power Associates

22 Supply Chain Risk Management = #2 Priority Survey of 400 Senior Supply Chain Executives Supply chain leaders wrestle with five major challenges 70% 55% 60% 56% 43% Cost Containment Supply Chain Visibility Risk Management Increasing Customer Demands Globalization Source: IBMs The Smarter Supply Chain of the Future Report 24 M Power Associates

23 Business Continuity Survey Causes of Supply Chain Disruptions 51% 41% Weather Telecommunications Problems 21% Transportation Network Problems Source: Business Continuity Institute biggest risk = UNKNOWN 25 M Power Associates

24 Business Continuity Survey Impact of Supply Chain Disruptions 49% 38% Lost Productivity 32% 14% Increased costs Cost from single disruption >$1m Reduced revenues Source: Business Continuity Institute 26 M Power Associates

25 Risks for Transportation Providers Very Damaging Supply Chain Challenges Transportation Providers Source: Eye for Transport NA Supply Chain Resilience 27 M Power Associates

26 Roadmap: Logistics and Supply Chain Risk Management 1 Supply Chain Dynamics 2 Supply Chain Risk 3 Risk Mitigation Strategies 28 M Power Associates

27 Prevention vs Preparedness Prevention preparedness Source: CTL at MIT 29 M Power Associates

28 >90% Supply Chain and Transport Risk Management has become Greater Priority over past five years WEF SC Risk Report Source: World Economic Forum, M Power Associates

29 Threats Natural disasters Conflict & political unrest Sudden demand shocks Export / import restrictions Source: World Economic Forum, 2012 Terrorism 31 M Power Associates

30 VULNERABILITIES Reliance on oil Availability of shared information Fragmentation of value chains Extensive sub contracting Lack of supplier visibility Source: World Economic Forum, M Power Associates

31 RISK MANAGEMENT PRIORITIES Collaborative and trusted networks Effective risk legislation Information sharing Quantification metrics Scenario planning Source: World Economic Forum, M Power Associates

32 Transportation Providers Initiatives to Improve Supply Chain Resilience Transportation Providers Source: Eye for Transport NA Supply Chain Resilience M Power Associates

33 Transportation Providers Resilience Initiatives producing greatest ROI Transportation Providers Source: Eye for Transport NA Supply Chain Resilience M Power Associates

34 Risk Mitigation 7 point checklist for Logistics Providers 36 M Power Associates

35 1. Supply Chain Mapping 37 M Power Associates

36 2. Vulnerability Assessment 38 M Power Associates

37 3. 39 M Power Associates

38 4. Contingency Plans 40 M Power Associates

39 5. Sense and Respond Mechanism 41 M Power Associates

40 6. Build Resilience - Four Pillar Framework Visibility Collaboration Flexibility Speed 42 M Power Associates

41 7. Clear Leadership 43 M Power Associates

42 Transport & Logistics Providers Seven Point Checklist for Risk Mitigation 1. Supply Chain Mapping 2. Vulnerability Assessment 3. What If Scenario Modeling 4. Contingency Plans 5. Sense and Respond 6. Build Resilience 7. Clear Leadership 44 M Power Associates

43 Supply Chain Disasters - not about Predicting, its about Being Ready! High-Impact, Low-Probability Massive & Immediate Disruption Be Prepared! Expect the Unexpected! 45 M Power Associates

44 46 M Power Associates

Supply Chain Risk: Understanding Emerging Threats to Global Supply Chains

Supply Chain Risk: Understanding Emerging Threats to Global Supply Chains Supply Chain Risk: Understanding Emerging Threats to Global Supply Chains Prof John Manners-Bell, Logistics and Supply Chain Council, WEF CEO, Transport Intelligence Sao Paulo, March 2015 Changes in SCM

More information

Supply Chain Risk. An Emerging Discipline. Gregory L. Schlegel. Robert J. Trent

Supply Chain Risk. An Emerging Discipline. Gregory L. Schlegel. Robert J. Trent Supply Chain Risk Management An Emerging Discipline Gregory L. Schlegel Robert J. Trent CRC Press Taylors.Francis Group Boca Raton London New York CRC Press is an imprint of the Taylor & Francis Croup,

More information

Rethinking contingency planning for an integrated world

Rethinking contingency planning for an integrated world Business Continuity* January 2010 Rethinking contingency planning for an integrated world Highlights: Increased supply chain complexities require broadened scope of contingency planning. Increasing outsourcing

More information

NATIONAL STRATEGY FOR GLOBAL SUPPLY CHAIN SECURITY

NATIONAL STRATEGY FOR GLOBAL SUPPLY CHAIN SECURITY NATIONAL STRATEGY FOR GLOBAL SUPPLY CHAIN SECURITY JANUARY 2012 Table of Contents Executive Summary 1 Introduction 2 Our Strategic Goals 2 Our Strategic Approach 3 The Path Forward 5 Conclusion 6 Executive

More information

An Agile Supply Chain to deal with Global Challenges. November 22 nd, 2012

An Agile Supply Chain to deal with Global Challenges. November 22 nd, 2012 An Agile Supply Chain to deal with Global Challenges November 22 nd, 2012 Antonio Galvao Vice President Global Supply Chain at Diversey, now part of Sealed Air Author of the "Working Green" department

More information

Introducing Catastrophe Risk man-made hazards*

Introducing Catastrophe Risk man-made hazards* Introducing Catastrophe Risk man-made hazards* dr marie gemma dequae 21.2.2014 IRSG Frankfurt This presentation expresses the views of the author and neither the views of EIOPA nor the IRSG. agenda Risk

More information

APICS INSIGHTS AND INNOVATIONS SUPPLY CHAIN RISK CHALLENGES AND PRACTICES

APICS INSIGHTS AND INNOVATIONS SUPPLY CHAIN RISK CHALLENGES AND PRACTICES APICS INSIGHTS AND INNOVATIONS SUPPLY CHAIN RISK CHALLENGES AND PRACTICES APICS INSIGHTS AND INNOVATIONS ABOUT THIS REPORT This report examines the role that supply chain risk management plays in organizations

More information

Lecture 3: Supply Chain Risk Management

Lecture 3: Supply Chain Risk Management Lecture 3: Supply Chain Risk Management John F. Smith Memorial Professor Director Virtual Center for Supernetworks Isenberg School of Management University of Massachusetts Amherst, Massachusetts 01003

More information

10Minutes. on business continuity. Rethinking contingency planning for an increasingly interconnected world. Menu

10Minutes. on business continuity. Rethinking contingency planning for an increasingly interconnected world. Menu 10Minutes on business continuity Rethinking contingency planning for an increasingly interconnected world Highlights Increased supply chain complexities require a broader scope of contingency planning.

More information

Presentation to IMHX: What is the right approach to Black Swan events?

Presentation to IMHX: What is the right approach to Black Swan events? Presentation to IMHX: What is the right approach to Black Swan events? A presentation by Transport Intelligence to IMHX, Birmingham John Manners-Bell, CEO 21 st March 2013 1. About Ti Established in 2002

More information

The World Economic Forum: Non-profit community of leaders from business, government and civil society

The World Economic Forum: Non-profit community of leaders from business, government and civil society Trade & Risk The World Economic Forum: Non-profit community of leaders from business, government and civil society Communities Impact Interaction Insight Recent supply chain-related initiatives Humanitarian

More information

Public-Private Partnerships and Disaster Resilience

Public-Private Partnerships and Disaster Resilience CSR Asia 2010 Public-Private Partnerships and Disaster Resilience Draft version of principles for APEC economies Leena Wokeck lwokeck@csr-asia.com 2 Background Draft discussion paper on PPPs and Disaster

More information

Defense Supply Chain Security & Risk Management: Principles & Practice

Defense Supply Chain Security & Risk Management: Principles & Practice Defense Supply Chain Security & Risk Management: Principles & Practice Lisa Harrington President, lharrington group LLC and Faculty Researcher Center for Public Policy and Private Enterprise University

More information

New Challenges to Emergency Management of Pharmaceutical/Healthcare Supply Chain Disruptions

New Challenges to Emergency Management of Pharmaceutical/Healthcare Supply Chain Disruptions (Position Paper for the 2009 DHS Workshop on Incident Management, Resource Management, and Supply Chain Management) New Challenges to Emergency Management of Pharmaceutical/Healthcare Supply Chain Disruptions

More information

KPMG Information Risk Management Business Continuity Management Peter McNally, KPMG Asia Pacific Leader for Business Continuity

KPMG Information Risk Management Business Continuity Management Peter McNally, KPMG Asia Pacific Leader for Business Continuity INFORMATION RISK MANAGEMENT KPMG Information Risk Management Business Continuity Management Peter McNally, KPMG Asia Pacific Leader for Business Continuity ADVISORY Contents Agenda: Global trends and BCM

More information

Section A: Introduction, Definitions and Principles of Infrastructure Resilience

Section A: Introduction, Definitions and Principles of Infrastructure Resilience Section A: Introduction, Definitions and Principles of Infrastructure Resilience A1. This section introduces infrastructure resilience, sets out the background and provides definitions. Introduction Purpose

More information

COMPARISON OF AHP AND ANP METHODS FOR RESILIENCE MEASUREMENT IN SUPPLY CHAINS. Pavel WICHER, Radim LENORT

COMPARISON OF AHP AND ANP METHODS FOR RESILIENCE MEASUREMENT IN SUPPLY CHAINS. Pavel WICHER, Radim LENORT COMPARISON OF AHP AND ANP METHODS FOR RESILIENCE MEASUREMENT IN SUPPLY CHAINS Abstract Pavel WICHER, Radim LENORT ŠKODA AUTO University, Na Karmeli 1457, 293 01 Mladá Boleslav, Czech Republic, EU, wicher1@is.savs.cz,

More information

Supply Chain Management: from a necessary evil to a core organisational competency

Supply Chain Management: from a necessary evil to a core organisational competency Supply Chain : from a necessary evil to a core organisational competency Dr Sinéad Roden Senior Lecturer in Operations & Supply Director of Studies for MSc in Global Supply Chain Percentage of world revenues

More information

Business Continuity & Disaster Recovery

Business Continuity & Disaster Recovery Business Continuity & Disaster Recovery Safety First Quality Every Time 1 Business Continuity & Disaster Recovery Planning Who here has a formal Business Continuity & Disaster Recovery plan? The purpose

More information

DEFENSE SUPPLY CHAIN SECURITY & RISK MANAGEMENT: PRINCIPLES & PRACTICE

DEFENSE SUPPLY CHAIN SECURITY & RISK MANAGEMENT: PRINCIPLES & PRACTICE DEFENSE SUPPLY CHAIN SECURITY & RISK MANAGEMENT: PRINCIPLES & PRACTICE Lisa Harrington President, lharrington group llc Associate Director Supply Chain Management Center Robert H. Smith School of Business

More information

ASSUMING A STATE OF COMPROMISE: EFFECTIVE DETECTION OF SECURITY BREACHES

ASSUMING A STATE OF COMPROMISE: EFFECTIVE DETECTION OF SECURITY BREACHES ASSUMING A STATE OF COMPROMISE: EFFECTIVE DETECTION OF SECURITY BREACHES Leonard Levy PricewaterhouseCoopers LLP Session ID: SEC-W03 Session Classification: Intermediate Agenda The opportunity Assuming

More information

Taking a Strategic Approach to Supply Chain Risk Management

Taking a Strategic Approach to Supply Chain Risk Management Taking a Strategic Approach to Supply Chain Risk Management Aligning Supplier and Customer Strategies Sean Culey - Supply Chain Council 22 November 2011 Hilton Metropole Hotel Birmingham, UK Sean Culey

More information

Final Draft/Pre-Decisional/Do Not Cite. Forging a Common Understanding for Critical Infrastructure. Shared Narrative

Final Draft/Pre-Decisional/Do Not Cite. Forging a Common Understanding for Critical Infrastructure. Shared Narrative Final Draft/Pre-Decisional/Do Not Cite Forging a Common Understanding for Critical Infrastructure Shared Narrative March 2014 1 Forging a Common Understanding for Critical Infrastructure The following

More information

A To Do List to Improve Supply Chain Risk Management Capabilities

A To Do List to Improve Supply Chain Risk Management Capabilities A To Do List to Improve Supply Chain Risk Management Capabilities Investigators: Debra Elkins General Motors R&D Center Mailcode 480-106-359 30500 Mound Road Warren, MI 48090 Phone: 586-986-2750 FAX: 586-986-0574

More information

Governance issues for boards to consider in 2016 March 2016

Governance issues for boards to consider in 2016 March 2016 Governance issues for boards to consider in 2016 March 2016 1 Contents Page Introduction 3 Cyber security 3 Emerging technologies 3 Board skills, composition and diversity 4 Shareholder activism 4 Corporate

More information

Business, Resiliency and Effective Disaster Recovery. Anne Kleffner, PhD Haskayne School of Business, University of Calgary

Business, Resiliency and Effective Disaster Recovery. Anne Kleffner, PhD Haskayne School of Business, University of Calgary Business, Resiliency and Effective Disaster Recovery Anne Kleffner, PhD Haskayne School of Business, University of Calgary CRHNet October 2012 Agenda Business resilience and community resilience in disaster

More information

GLOBAL VALUE CHAINS UNDER THREAT

GLOBAL VALUE CHAINS UNDER THREAT GLOBAL VALUE CHAINS UNDER THREAT HOW RESILIENT IS YOUR SUPPLY CHAIN? By IMD Professor Ralf Seifert and Polina Bochukova April 2014 IMD Chemin de Bellerive 23 PO Box 915, CH-1001 Lausanne Switzerland Tel:

More information

Risk mitigation for business resilience White paper. A comprehensive, best-practices approach to business resilience and risk mitigation.

Risk mitigation for business resilience White paper. A comprehensive, best-practices approach to business resilience and risk mitigation. Risk mitigation for business resilience White paper A comprehensive, best-practices approach to business resilience and risk mitigation. September 2007 2 Contents 2 Overview: Why traditional risk mitigation

More information

Reputation. Further excellence. business continuity. risk management. Data security

Reputation. Further excellence. business continuity. risk management. Data security Reputation competitive advantage speed to market safety Further excellence trust Data security risk management business continuity HOW CAN YOU CREATE AND SECURE SUSTAINABLE BUSINESS? SOLUTIONS FOR MANAGING

More information

Aligning Disaster Recovery and Business Continuity to Business Objectives. Session E7 John Jackson Fusion Risk Management, Inc.

Aligning Disaster Recovery and Business Continuity to Business Objectives. Session E7 John Jackson Fusion Risk Management, Inc. Aligning Disaster Recovery and Business Continuity to Business Objectives Session E7 John Jackson Fusion Risk Management, Inc. Topics Business Drivers Resilience Defined Your RPO is zero (or close to it!)

More information

The Ripple Effect How manufacturing and retail executives view the growing challenge of supply chain risk

The Ripple Effect How manufacturing and retail executives view the growing challenge of supply chain risk The Ripple Effect How manufacturing and retail executives view the growing challenge of supply chain risk 2 Contents Executive summary 2 The growing problem of supply chain risk 4 Categories of supply

More information

Cyber Resilience Implementing the Right Strategy. Grant Brown Security specialist, CISSP @TheGrantBrown

Cyber Resilience Implementing the Right Strategy. Grant Brown Security specialist, CISSP @TheGrantBrown Cyber Resilience Implementing the Right Strategy Grant Brown specialist, CISSP @TheGrantBrown 1 2 Network + Technology + Customers = $$ 3 Perfect Storm? 1) Increase in Bandwidth (extended reach) 2) Available

More information

Incident Management, Business Continuity and IT Disaster Recovery

Incident Management, Business Continuity and IT Disaster Recovery Incident Management, Business Continuity and IT Disaster Recovery Aggeliki Tsohou Lecturer, Ionian University, Department of Informatics, Greece atsohou@ionio.gr 1 Contents Information Security Incident

More information

CSCAP MEMORANDUM NO. 24 Safety and Security of Vital Undersea Communications Infrastructure

CSCAP MEMORANDUM NO. 24 Safety and Security of Vital Undersea Communications Infrastructure CSCAP MEMORANDUM NO. 24 Safety and Security of Vital Undersea Communications Infrastructure A Memorandum from the Council for Security Cooperation in the Asia Pacific (CSCAP) May 2014 Council for Security

More information

Knowing Your Enemy How Your Business is Attacked. Andrew Rogoyski June 2014

Knowing Your Enemy How Your Business is Attacked. Andrew Rogoyski June 2014 Knowing Your Enemy How Your Business is Attacked Andrew Rogoyski June 2014 Why Cyber is the New Security 1986: Lawrence Berkeley NL discovers attempt to copy US Government Information on Arpanet 1988:

More information

Creating Supply Chain Resilience Through Agile Six Sigma By Professor Martin Christopher & Christine Rutherford

Creating Supply Chain Resilience Through Agile Six Sigma By Professor Martin Christopher & Christine Rutherford June - August 2004 Creating Supply Chain Resilience Through Agile Six Sigma By Professor Martin Christopher & Christine Rutherford Today s global supply chains are, in effect, highly complex networks.

More information

De-Risking the Supply Chain: Cisco s Risk Intelligence and Analytic Tools

De-Risking the Supply Chain: Cisco s Risk Intelligence and Analytic Tools CASE STUDY Cisco Systems Based on an interview with James Steele, Program Director, Supply Chain Risk Management, Cisco, August 8 2011 De-Risking the Supply Chain: Cisco s Risk Intelligence and Analytic

More information

Tapping the benefits of business analytics and optimization

Tapping the benefits of business analytics and optimization IBM Sales and Distribution Chemicals and Petroleum White Paper Tapping the benefits of business analytics and optimization A rich source of intelligence for the chemicals and petroleum industries 2 Tapping

More information

FORMULATING YOUR BUSINESS CONTINUITY PLAN

FORMULATING YOUR BUSINESS CONTINUITY PLAN WHITE PAPER Page 0 Planning for the Worst Case Scenario: FORMULATING YOUR BUSINESS CONTINUITY PLAN 9 Wing Drive Cedar Knolls, NJ 07927 www.nac.net Page 1 Table of Contents Overview... 2 What is Disaster

More information

Disaster Risk Reduction and Building Resilience to Climate Change Impacts

Disaster Risk Reduction and Building Resilience to Climate Change Impacts Disaster Risk Reduction and Building Resilience to Climate Change Impacts Luna Abu-Swaireh (abu-swaireh@un.org) May 2015 United Nations Office for Disaster Risk Reduction (UNISDR) Droughts Floods Storms

More information

Université catholique de Louvain Louvain School of Management. From resources to recycling how supply chains work.

Université catholique de Louvain Louvain School of Management. From resources to recycling how supply chains work. Université catholique de Louvain Louvain School of Management From resources to recycling how supply chains work Constantin Blome The Myth of the Flat Earth vs The World is Flat Thomas Friedman Russell,

More information

Business Continuity Planning. Presentation and. Direction

Business Continuity Planning. Presentation and. Direction Business Continuity Planning Presentation and Direction Thomas Bronack, president Data Center Assistance Group, Inc. 15180 20 th Avenue Whitestone, NY 11357 Phone: (718) 591-5553 Email: bronackt@dcag.com

More information

Risk management + Strategic planning IT TAKES AN ENTIRE ORGANIZATION

Risk management + Strategic planning IT TAKES AN ENTIRE ORGANIZATION 1 Risk management + Strategic planning IT TAKES AN ENTIRE ORGANIZATION Background 2 Technology has become the central component of business operations Businesses have become more vulnerable to risks associated

More information

I. TODAY S UTILITY INFRASTRUCTURE vs. FUTURE USE CASES...1 II. MARKET & PLATFORM REQUIREMENTS...2

I. TODAY S UTILITY INFRASTRUCTURE vs. FUTURE USE CASES...1 II. MARKET & PLATFORM REQUIREMENTS...2 www.vitria.com TABLE OF CONTENTS I. TODAY S UTILITY INFRASTRUCTURE vs. FUTURE USE CASES...1 II. MARKET & PLATFORM REQUIREMENTS...2 III. COMPLEMENTING UTILITY IT ARCHITECTURES WITH THE VITRIA PLATFORM FOR

More information

Security Risk Assessment Tool

Security Risk Assessment Tool Security Risk Assessment Tool Version: (Draft) 24 April 2014 This tool was developed by the ACT Safety & Security Community of Practice (SSCP) for use by ACT Alliance members and partners. 1. Purpose of

More information

Disaster- Resilience Of Small And Medium Enterprises (SMEs) in Indonesia Survey Results and Policy Environment

Disaster- Resilience Of Small And Medium Enterprises (SMEs) in Indonesia Survey Results and Policy Environment Disaster- Resilience Of Small And Medium Enterprises (SMEs) in Indonesia Survey Results and Policy Environment Dr. Eugenia Mardanugraha Faculty of Economics and Business - Universitas Indonesia AGENDA

More information

security standards and guidelines development

security standards and guidelines development ASIS INTERNATIONAL The worldwide leader in security standards and guidelines development > ASIS Standards and Guidelines bring together volunteers and seek out views of persons who have an interest in

More information

How To Manage Risk On A Scada System

How To Manage Risk On A Scada System Risk Management for Industrial Control Systems (ICS) And Supervisory Control Systems (SCADA) Information For Senior Executives (Revised March 2012) Disclaimer: To the extent permitted by law, this document

More information

Adapting to a changing climate and energy future

Adapting to a changing climate and energy future Adapting to a changing climate and energy future Our policy position: Yarra Ranges Council acknowledges scientific advice concerning climate change and the need to mitigate and adapt to its impacts. Council

More information

Lessons from Defending Cyberspace

Lessons from Defending Cyberspace Lessons from Defending Cyberspace The Challenge of Addressing National Cyber Risk Andy Purdy Workshop on Cyber Security Center for American Studies, Christopher Newport College 10 28-2009 Cyber Threat

More information

FlyntGroup.com. Enterprise Risk Management and Business Impact Analysis: Understanding, Treating and Monitoring Risk

FlyntGroup.com. Enterprise Risk Management and Business Impact Analysis: Understanding, Treating and Monitoring Risk Enterprise Risk Management and Business Impact Analysis: Understanding, Treating and Monitoring Risk 2012 The Flynt Group, Inc., All Rights Reserved FlyntGroup.com Enterprise Risk Management and Business

More information

Cyber-Resilience: A Strategic Approach for Supply Chain Management

Cyber-Resilience: A Strategic Approach for Supply Chain Management Cyber-Resilience: A Strategic Approach for Supply Chain Management Business is all about risk taking and managing uncertainties and turbulence. Gautam Adani Business magnate Risk management and resilience

More information

SUPPLY CHAIN & PROCUREMENT INSIGHTS REPORT CANADA, ARE WE FALLING BEHIND?

SUPPLY CHAIN & PROCUREMENT INSIGHTS REPORT CANADA, ARE WE FALLING BEHIND? GRAND & TOY 2012 SUPPLY CHAIN & PROCUREMENT INSIGHTS REPORT CANADA, ARE WE FALLING BEHIND? Research conducted by TABLE OF CONTENTS Overview... 3 Procurement Tactically Focused but Evolving...4 Communication

More information

NGO security coordination and other sources of support WITHIN FIRST 1-2 WEEKS. Office/compound/ facility security

NGO security coordination and other sources of support WITHIN FIRST 1-2 WEEKS. Office/compound/ facility security 3 Risk assessment tool BEFORE DEPLOYMENT OR STARTING PROGRAMME Context analysis and actor mapping Risk assessment Security strategies Acceptance, protection and deterrence What is the context and who are

More information

ALICE Working Groups Descriptions. WG1: Sustainable Safe and Secure Supply Chains. Vision. Mision. Scope: Research and Innovation Areas and Challenges

ALICE Working Groups Descriptions. WG1: Sustainable Safe and Secure Supply Chains. Vision. Mision. Scope: Research and Innovation Areas and Challenges ALICE Working Groups Descriptions WG1: Sustainable Safe and Secure Supply Chains The vision of the WG is to do more with less and ensuring safety and security in the supply chains thereof contributing

More information

PRACTICAL APPLICATIONS FOR BUSINESS CONTINUITY MANAGEMENT

PRACTICAL APPLICATIONS FOR BUSINESS CONTINUITY MANAGEMENT Karl D Bryant, MBCP, MBCI, CBCLA, PMP Senior Vice President PRACTICAL APPLICATIONS FOR BUSINESS CONTINUITY MANAGEMENT WWW.CHICAGOLANDRISKFORUM.ORG BUSINESS CONTINUITY MANAGEMENT PROGRAM OVERVIEW BUSINESS

More information

Aerospace Sustainable Manufacturing Workshop: Breakout Discussion: Supply Chain Risk Management

Aerospace Sustainable Manufacturing Workshop: Breakout Discussion: Supply Chain Risk Management Aerospace Sustainable Manufacturing Workshop: Breakout Discussion: Supply Chain Risk Management The complexities of aerospace supply networks, along with the growing threats of diminishing resources and

More information

Understanding and Managing Supply Chain Risk and Complexity February 16, 2016

Understanding and Managing Supply Chain Risk and Complexity February 16, 2016 Understanding and Managing Supply Chain Risk and Complexity February 16, 2016 Joel Sutherland Managing Director Supply Chain Management Institute University of San Diego joelsutherland@sandiego.edu My

More information

Standard for Business Continuity/Disaster Recovery (BC/DR) Service Providers

Standard for Business Continuity/Disaster Recovery (BC/DR) Service Providers Section One Standard for Business Continuity/Disaster Recovery (BC/DR) Service Providers The awareness of BC/DR services has grown due to the threats from terrorism and geopolitical tension. There are

More information

Increasing Energy Reliability & Resiliency NGA Policy Institute for Governors' Energy Advisors Denver Colorado, September 11, 2013

Increasing Energy Reliability & Resiliency NGA Policy Institute for Governors' Energy Advisors Denver Colorado, September 11, 2013 + Increasing Energy Reliability & Resiliency NGA Policy Institute for Governors' Energy Advisors Denver Colorado, September 11, 2013 Jeffrey R. Pillon, Director, Energy Assurance Programs National Association

More information

Financial Overview. Olivier Dubois. Investor Presentation. President and CFO. Paris, October 17, 2007 - New York, October 19, 2007

Financial Overview. Olivier Dubois. Investor Presentation. President and CFO. Paris, October 17, 2007 - New York, October 19, 2007 Financial Overview Olivier Dubois President and CFO Investor Presentation Paris, October 17, 2007 - New York, October 19, 2007 Current situation 2 Technip financial statements FULL YEAR FIRST SEMESTER

More information

Supply Chain Risk Management and the Role of Resilinc

Supply Chain Risk Management and the Role of Resilinc BEST PRACTICES IN CYBER SUPPLY CHAIN RISK MANAGEMENT Resilinc Leveraging Supply Chain Risk Intelligence for Strategic Advantage INTERVIEW Bindiya Vakil CEO and Founder The Next New Things in Risk Management

More information

Overview TECHIS60851. Manage information security business resilience activities

Overview TECHIS60851. Manage information security business resilience activities Overview Information security business resilience encompasses business continuity and disaster recovery from information security threats. As well as addressing the consequences of a major security incident,

More information

CYBERSECURITY IN FINANCIAL SERVICES POINT OF VIEW CHALLENGE 1 REGULATORY COMPLIANCE ACROSS GEOGRAPHIES

CYBERSECURITY IN FINANCIAL SERVICES POINT OF VIEW CHALLENGE 1 REGULATORY COMPLIANCE ACROSS GEOGRAPHIES POINT OF VIEW CYBERSECURITY IN FINANCIAL SERVICES Financial services institutions are globally challenged to keep pace with changing and covert cybersecurity threats while relying on traditional response

More information

APEC s evolving supply chain

APEC s evolving supply chain 2012 APEC CEO Summit: PwC issues spotlight APEC s evolving supply chain Leading up to this year s Asia-Pacific Economic Cooperation CEO Summit in Vladivostok, Russia on September 7 8, PwC is sharing a

More information

eet Business continuity and disaster recovery Enhancing enterprise resiliency for the power and utilities industry Power and Utilities Fact Sheet

eet Business continuity and disaster recovery Enhancing enterprise resiliency for the power and utilities industry Power and Utilities Fact Sheet Power and Utilities Fact Sh Business continuity and disaster recovery Enhancing enterprise resiliency for the power and utilities industry A holistic approach to business resiliency and disaster recovery

More information

Kuala Lumpur, Malaysia, 25 26 May 2010. Report

Kuala Lumpur, Malaysia, 25 26 May 2010. Report Cooperative Arrangement for the Prevention of Spread of Communicable Disease through Air travel (CAPSCA) Workshop / Seminar on Aviation Business Continuity Planning Kuala Lumpur, Malaysia, 25 26 May 2010

More information

Managing Risk in Mega-EPC Projects Where Do We Start?

Managing Risk in Mega-EPC Projects Where Do We Start? 42 24 29 N 20 15 50 E CIVIL GOVERNMENT SERVICES MINING & METALS OIL, GAS & CHEMICALS POWER Kosovo Motorway, Kosovo Managing Risk in Mega-EPC Projects Where Do We Start? What is Risk? Concept: Risk A risk

More information

Enhancing Customer Value through Supply Chain Excellence

Enhancing Customer Value through Supply Chain Excellence Enhancing Customer Value through Supply Chain Excellence Picture Source: http://www.regalzonophon ecom/ep's%20&%20lp's% e.com/ep 20-%20TRLPS21%20- %20New%20Frontier%20- %20New%20York%20Staff %20Band.htm

More information

MIT Supply Chain Risk Survey Findings: South Africa

MIT Supply Chain Risk Survey Findings: South Africa MIT Supply Chain Risk Survey Findings: South Africa Contents Supply Chain Risk Management Introduction & Context Survey Span Respondent Description Key Findings Most important supply chain risks Major

More information

Managing Supply Disruptions

Managing Supply Disruptions Managing Supply Disruptions Building fundamentals to manage supply risk and improve supply chain performance All organizations have internal and external supply chains that deliver goods or services to

More information

PBSi Business Continuity Planning

PBSi Business Continuity Planning Business Continuity Planning Definition Business Continuity planning is a planning process designed to reduce the risk that disruptive failures or events could seriously harm your business. It is designed

More information

Shankar Gawade VP IT INFRASTRUCTURE ENAM SECURITIES PVT. LTD.

Shankar Gawade VP IT INFRASTRUCTURE ENAM SECURITIES PVT. LTD. Business Continuity Management & Disaster Recovery Planning Presented by: Shankar Gawade VP IT INFRASTRUCTURE ENAM SECURITIES PVT. LTD. 1 What is Business Continuity Management? Is a holistic management

More information

Strategic Financial Supply Chain Management For Value Creation

Strategic Financial Supply Chain Management For Value Creation Strategic Financial Supply Chain Management For Value Creation Mohammed Hanif Ajari Professor for Practice Institution of Business Administration Karachi A Bit of History: 1930 1950 Bank Robber Slick

More information

Assessing the strength of your security operating model

Assessing the strength of your security operating model www.pwc.com Assessing the strength of your security operating model May 2014 Assessing the strength of your security operating model Retail stores, software companies, the U.S. Federal Reserve it seems

More information

APICS INSIGHTS AND INNOVATIONS UNCOVERING CHRONIC DISRUPTION IN SUPPLY CHAIN AND OPERATIONS MANAGEMENT

APICS INSIGHTS AND INNOVATIONS UNCOVERING CHRONIC DISRUPTION IN SUPPLY CHAIN AND OPERATIONS MANAGEMENT APICS INSIGHTS AND INNOVATIONS UNCOVERING CHRONIC DISRUPTION IN SUPPLY CHAIN AND OPERATIONS MANAGEMENT APICS INSIGHTS AND INNOVATIONS ABOUT THIS REPORT Sudden, acute supply chain disruptions such as those

More information

Global Logistics Practice. World-Class Global Logistics Risk Management. Aon Risk Solutions Aon Broking

Global Logistics Practice. World-Class Global Logistics Risk Management. Aon Risk Solutions Aon Broking Global Logistics Practice World-Class Global Logistics Risk Management Risk. Reinsurance. Human Resources. Empower Results 1 What is Logistics? Logistics refers to the part of the supply chain that plans,

More information

Resilience relates to all the long-term and systemic challenges to be addressed: Economy

Resilience relates to all the long-term and systemic challenges to be addressed: Economy EMPOWERING BUSINESS TO DRIVE IMPROVED RESILIENCE OUTCOMES RESILIENCE There is a need to increase understanding at a national, regional and local level of the resilience of our infrastructure networks,

More information

SHARED ASSESSMENTS PROGRAM STANDARD INFORMATION GATHERING (SIG) QUESTIONNAIRE 2014 MAPPING TO OCC GUIDANCE (2013-29) ON THIRD PARTY RELATIONSHIPS

SHARED ASSESSMENTS PROGRAM STANDARD INFORMATION GATHERING (SIG) QUESTIONNAIRE 2014 MAPPING TO OCC GUIDANCE (2013-29) ON THIRD PARTY RELATIONSHIPS SHARED ASSESSMENTS PROGRAM STANDARD INFORMATION GATHERING (SIG) QUESTIONNAIRE 2014 MAPPING TO OCC GUIDANCE (2013-29) ON THIRD PARTY RELATIONSHIPS An overview of how the Shared Assessments Program SIG 2014

More information

2016 Outlook of the Global Security Industry

2016 Outlook of the Global Security Industry Brochure More information from http://www.researchandmarkets.com/reports/3623776/ 2016 Outlook of the Global Security Industry Description: Being aware of future cyber threats and trends at the national

More information

BEST PRACTICES IN CYBER SUPPLY CHAIN RISK MANAGEMENT

BEST PRACTICES IN CYBER SUPPLY CHAIN RISK MANAGEMENT BEST PRACTICES IN CYBER SUPPLY CHAIN RISK MANAGEMENT DuPont Crop Protection Operating Disciplines for Supply Chain Sustainability, Risk Management and Resilience INTERVIEWS George Poe Integrated Operations

More information

COUNCIL OF SUPPLY CHAIN MANAGEMENT PROFESSIONALS ANSHUMAN NEIL BASU REGIONAL EXECUTIVE DIRECTOR CSCMP ASIA PACIFIC

COUNCIL OF SUPPLY CHAIN MANAGEMENT PROFESSIONALS ANSHUMAN NEIL BASU REGIONAL EXECUTIVE DIRECTOR CSCMP ASIA PACIFIC COUNCIL OF SUPPLY CHAIN MANAGEMENT PROFESSIONALS ANSHUMAN NEIL BASU REGIONAL EXECUTIVE DIRECTOR CSCMP ASIA PACIFIC UNESCAP REGIONAL FORUM OF FREIGHT FORWARDERS, MULTIMODAL TRANSPORT OPERATORS AND LOGISTICS

More information

The Power and Value of Event Marketing. The 2004 MPI/GPJ Event Trends Report Global Results

The Power and Value of Event Marketing. The 2004 MPI/GPJ Event Trends Report Global Results The Power and Value of Event Marketing The 2004 MPI/GPJ Event Trends Report Global Results Future Event MarketingTrends Kim Myhre Strategic Services EMEA OBJECTIVES Explore the changing information needs

More information

Methods for Assessing Vulnerability of Critical Infrastructure

Methods for Assessing Vulnerability of Critical Infrastructure March 2010 Methods for Assessing Vulnerability of Critical Infrastructure Project Leads Eric Solano, PhD, PE, RTI International Statement of Problem Several events in the recent past, including the attacks

More information

How to Develop Successful Enterprise Risk and Vendor Management Programs

How to Develop Successful Enterprise Risk and Vendor Management Programs Project Management Institute New York City Chapter January 2014 Chapter Meeting How to Develop Successful Enterprise Risk and Vendor Management Programs Christina S. Kite Senior Vice President Corporate

More information

Operational Risk Management Policy

Operational Risk Management Policy Operational Risk Management Policy Operational Risk Definition A bank, including a development bank, is influenced by the developments of the external environment in which it is called to operate, as well

More information

Increasing Competitiveness / Lowering Costs with Supply Chain Management and Security Standards

Increasing Competitiveness / Lowering Costs with Supply Chain Management and Security Standards Increasing Competitiveness / Lowering Costs with Supply Chain Management and Security Standards September 2010 SURGE logistics- GSProgress Inc. 1000 Potomac Street NW The Flour Mill Building Washington,

More information

Costs and Benefits of Investing in Supply Chain Security Measures: Case Studies of Successful Experiences by Private Sector

Costs and Benefits of Investing in Supply Chain Security Measures: Case Studies of Successful Experiences by Private Sector 2008/SOM3/CTTF/STAR/010 Session: 10 Costs and Benefits of Investing in Supply Chain Security Measures: Case Studies of Successful Experiences by Private Sector Submitted by: World BASC Organization 6 th

More information

Global Marine Trends 2030

Global Marine Trends 2030 Global Marine Trends 2030 Global Marine Trends 2030 A Positive Marine World in 2030 Optimism is a strategy for making a better future. Because unless you believe that the future can be better, you are

More information

Managing Supply Chain Risk. Minimizing Exposure to Supplier Failure, Volatile Commodity

Managing Supply Chain Risk. Minimizing Exposure to Supplier Failure, Volatile Commodity Managing Supply Chain Risk Minimizing Exposure to Supplier Failure, Volatile Commodity Prices, and Manufacturing Disruptions 1 Survey Findings Reveal Priorities Greatest Supply Chain Focus Areas Negotiating

More information

September 4, 2003. appearing before you today. I am here to testify about issues and challenges in providing for

September 4, 2003. appearing before you today. I am here to testify about issues and challenges in providing for Testimony of John A. McCarthy, Director of the Critical Infrastructure Protection Project, George Mason School of Law Before a joint hearing of the House Subcommittee on Infrastructure Security and The

More information

Preparedness in the Southwest

Preparedness in the Southwest Preparedness in the Southwest Risk Assessment and Hazard Vulnerability Developed by The Arizona Center for Public Health Preparedness Cover Art www.azcphp.publichealth.arizona.edu Chapter 1 Importance

More information

our enterprise security Empowering business

our enterprise security Empowering business our enterprise security Empowering business Introduction Communication is changing the way we live and work. Ericsson plays a key role in this evolution, using innovation to empower people, business and

More information

Next-Generation Supply Management

Next-Generation Supply Management Cisco Internet Business Solutions Group (IBSG) Cisco IBSG 2012 Cisco and/or its affiliates. All rights reserved. Next-Generation Supply Management Authors Ram Muthukrishnan Kevin Sullivan May 2012 Cisco

More information

Economics of Business Interruption Insurance Against Terrorism

Economics of Business Interruption Insurance Against Terrorism Economics of Business Interruption Insurance Against Terrorism Adam Rose Center for Risk and Economic Analysis of Terrorism Events (CREATE) University of Southern California Prominence of Business Interruption

More information

The Ripple Effect How manufacturing and retail executives view the growing challenge of supply chain risk

The Ripple Effect How manufacturing and retail executives view the growing challenge of supply chain risk The Ripple Effect How manufacturing and retail executives view the growing challenge of supply chain risk 2 Contents Executive summary 2 The growing problem of supply chain risk 4 Categories of supply

More information

MSC Security Program Security in the Logistics Supply Chain

MSC Security Program Security in the Logistics Supply Chain Maritime Security Council L MSC Security Program Security in the Logistics Supply Chain First Hemispheric Convention on Port Logistics and Competitiveness Ixtapa-Zihuatanejo November 3-5, 2010 Talking

More information

Supplemental Tool: Executing A Critical Infrastructure Risk Management Approach

Supplemental Tool: Executing A Critical Infrastructure Risk Management Approach Supplemental Tool: Executing A Critical Infrastructure Risk Management Approach Executing a Critical Infrastructure Risk Management Approach Risk is defined as the potential for an unwanted outcome resulting

More information

Business Risk Management - Top 10 Questions to Ask

Business Risk Management - Top 10 Questions to Ask How to Ace IT Governance Without Tech Expertise 50 POWERFUL QUESTIONS READY TO ASK AT YOUR NEXT BOARD MEETING Corporate Director and Creator of THE BOARDROOM BLUEPRINT TM OVERVIEW 50 POWERFUL I.T. QUESTIONS

More information

Business Continuity Management Systems. Protecting for tomorrow by building resilience today

Business Continuity Management Systems. Protecting for tomorrow by building resilience today Business Continuity Management Systems Protecting for tomorrow by building resilience today Vital statistics 31% 40% of UK businesses have been affected by bad weather related transport problems, power

More information