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Supply Chain Risk Management 2019

November 25

Etc Venues – Fenchurch Place, London, United Kingdom

Event Details

Date:
November 25
					

The supply chain risk environment is dynamic and continually evolving. Risks are increasingly being highlighted in companies’ publicly-filed financial statements and as supply chains become more strategic, disruptions are turning into c-suite issues.

Each year brings new challenges for companies, with different threats, unexpected events and unpredictable consequences because of the increased interconnectivity of the world we live in.

This year, we’re seeing heightened political tensions drive further issues within supply chains, in addition to climate change, product recall risk and the impact of the blow of the double-edged sword that is technology.

There is a growing awareness of the importance of supply chain risk and the need for it to be properly identified, managed and – when and where possible – transferred in a structured and professional manner. But as our world becomes ever more interconnected this is a work in progress that needs to be stepped up.

Join a group of leading supply chain experts and an audience of procurement, business continuity and risk professionals to discuss the threats and opportunities presented by an interconnected landscape in a series of presentations, case-studies and workshops at this one-day conference in London.

 

Venue

Address
Etc Venues – Fenchurch Place
43/44 Crutched Friars
London, EC3N 2HH United Kingdom
+ Google Map
Website:
https://www.etcvenues.co.uk/venues/fenchurchstreet

Day 1

08:20
Registration and coffee
09:00
Welcome address
Adrian Ladbury Adrian Ladbury Editorial Director Commercial Risk Europe
09:10
Presentation: BCI Supply Chain Resilience Report and Survey 2019
This annual Business Continuity Institute study is an influential industry resource which tracks the origins, causes and consequences of supply chain disruption across industry sectors and regions worldwide. It also benchmarks business continuity (BC) arrangements in place – including the uptake of insurance – in different organisations which build supply chain resilience. The study typically receives responses from over 500 firms from over 60 countries and is one of the most comprehensive, practitioner-led reports in the field.
09:40
Panel discussion: How technology is changing the way we can predict and monitor supply chain risks
Technology is arguably the biggest enabler of them all. How do Google, Amazon and other similar companies use technology and data to know what we want before we do and how could the harnessing of predictive data help to identify future unknown emerging risks in the supply chain?
10:20
Panel discussion: The factors driving modern-day supply chain complexities
The world in which businesses operate in is constantly evolving and brings with it new risks, amplifying old ones and changing the impact of those businesses believed they were familiar with. This session will be an assessment of the key factors which are most likely to disrupt the supply chain in the coming months, setting the scene for the rest of the day. The discussion will be focused around the following topics: • Climate change • Significant macro and micro factors • Political risk and the uncertainty associated with trade wars • Increasing reliance on outsourcing • Reputation & compliance • Technology • Regulatory incidents
11:00
Coffee break
11:30
Case study interview: Automotive sector - product recall
The conversation will cover real life experiences around product recall and associated supply chain risks from arguably one of the most extreme industries reliant on an efficient supply chain network, with practical takeaways.
11:55
Workshop 1: Visibility in the supply chain
Looking at efficient processes for the collection of necessary and critical data to support quantified supply chain analysis and developing a credible supply chain map with tier n suppliers and relationships between tiers.
11:55
Workshop 2: Captives and ART
Looking at how captives and alternative risk transfer solutions can be used for business interruption as a risk management strategy.
11:55
Workshop 3: Bribery and corruption
The scope and breadth, as well as the aggressive enforcement of bribery and corruption laws, pose a risk for businesses in every market. The legal risks of bribery are significant. How can firms ensure their suppliers are compliant?
11:55
Workshop 4: The impact of political risk
Political risk presents a huge challenge to multinationals with subsidiaries and key suppliers in volatile parts of the world. This session will explore how this risk is best assessed and measured and what cover is available to ensure that the companies are adequately compensated for supply chain disruption caused by political risk and terrorism.
12:45
Lunch
13:45
Case study interview: Life sciences sector - Reputational risk
Q&A on the topic of reputational risk and how to preserve and enhance a company’s reputation with an ERM programme.
14:10
Panel discussion: The evolution of insurance cover for an ever-changing risk
According to the BCI’s Supply Chain Resilience Report & Survey 2018 only 53% of financial losses experienced as a result of supply chain disruption were insured, leaving a significant uninsured gap. In this session we explore the following core questions with a panel of leading insurers and brokers: • Why is almost 50% of financial loss from supply chain disruption not covered? Is this a problem or is this a risk that just needs to be managed, perhaps through the captive? • What could and should risk managers, their advisors and the insurance market do to plug the gap if needed? • What cover is available for supply chain risk? • Is it possible to buy a standalone supply chain cover or does it need to be covered through other lines such as BI, property, cargo and political risk and terror? • How is supply chain cover best incorporated into the global programme to deliver as seamless and comprehensive cover as possible? • What do risk managers have to do to ensure that they secure the best possible terms and have their claims paid promptly and in full?
15:10
Coffee break
15:40
Workshop 1: Environmental liability in the supply chain
Examining the need for companies to take more responsibility for monitoring their subsidiaries and contractors abroad for environmental and human rights violations, or risk fines or even jail time for their executives.
15:40
Workshop 2: Business continuity planning
How current is the plan you already have in place and how to make the right modifications for changes in your business.
15:40
Workshop 3: Risk modelling
Looking at the importance for firms to monitor their risks using modelling techniques for modern-day supply chain management.
16:30
Case study interview: Manufacturing sector - cyber
Q&A looking at what happens to a manufacturing business when its production operations suddenly grind to a halt and what the consequences are of being unable to satisfy market demand.
16:55
Closing remarks
17:00
Drinks reception

Day 2

11:55
Workshops - The risk management track
Delegates will be invited to register for one of four workshops.

Speaker information will be added shortly.

Adrian Ladbury Adrian Ladbury Editorial Director Commercial Risk Europe

For sponsor or speaker information contact Stewart Brown sbrown@commercialriskonline.com

For speaking opportunities contact Stewart Brown sbrown@commercialriskonline.com

For sponsor opportunities contact Stewart Brown sbrown@commercialriskonline.com

Delegate Rates

Risk and Insurance Managers - Free to attend

All other delegates - Early booking rate of £400 applies (+ VAT where applicable)

Please click here to register.

You will be taken to an external site to complete your registration. Payment can be taken in GBP and €, however will be processed via WorldPay using GBP.

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